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Senior Specialist, Contemporary Art (Hong Kong)
Senior Specialist, Contemporary Art (Hong Kong)
Masterworks
Post Date: 04 Mar 2023

JOB OVERVIEW

About Masterworks:

Masterworks is a fintech platform that allows anyone to invest in SEC-qualified shares of multi-million dollar paintings by names like Banksy, Basquiat, and Picasso. In just three short years, we have built a portfolio of nearly $700 million in world-class artworks, introducing over 575,000 individuals to the $1.7 trillion art market.

Masterworks has been covered by major media publications such as The New York Times, CNBC, The Wall Street Journal, and the Financial Times, and was recently recognized as one of the Top 50 Startups in the US by LinkedIn.

In 2021, Masterworks achieved unicorn status raising $110M in its Series A fundraising round at a valuation exceeding $1 billion.

Our 180+ employees are based out of our offices at Brookfield Place in the Financial District of New York City. With an entirely in-office team, there are endless opportunities for collaboration, innovation, and learning.

Why Masterworks?

  • Do you thrive on disruption?
  • Do you want to live at the cutting edge of finance, technology, and art?
  • Are you passionate about democratizing alternative investments?
  • Do you enjoy meaningful work that has a noticeable impact on business performance?

If you answered “Yes” to any of the above, we’d love to hear from you!

Position Overview:

Masterworks is the largest buyer of Post War and Contemporary art in the art market and plans to acquire up to $1 billion in artwork this year. We are looking for a Hong Kong or Seoul-based Senior Specialist in Post War and Contemporary Art to advise on and source acquisitions for the platform. This role is optimal for someone with extensive transactional and deal experience.

These operations include:

  • Sourcing and managing the acquisition of paintings by artists like Liu Ye and Ayako Rokkaku.
  • Advising on pricing strategy for blue chip paintings in the $500 thousand to $10 million price range, including artist market intelligence
  • Driving strategic negotiations for acquisitions of works sourced by the team
  • Assembling due diligence on target artworks, including an analysis of its market potential, condition, and fair market value
  • Proactively generating new business opportunities and deepening existing relationships, especially with clients in Asia.
  • Attending art fairs and exhibitions to generate new business
  • Assisting acquisitions team with routine pricing sessions and artist market analysis
  • Viewing paintings and assessing condition prior to acquisition

Position and Responsibilities Overview:

In the first few months you will:

  • Get fully up to speed on Masterworks’ acquisitions criteria and understand the target artist list
  • Take on management for 20+ existing relationships and introducing Masterworks to potential partners or clients
  • Source 10+ works on a daily basis from our target list of artists
  • Complete regular acquisitions for the company
  • Familiarize yourself with Masterworks business model

Requirements or Skill Sets:

  • 7+ years in a transactional role at an auction house or as an art advisor
  • Expertise in Post-War and Contemporary Art at $500k+ price points
  • Experience with negotiations and ability to multitask
  • Team player, proactive, highly organized and attentive to detail
  • Excellent verbal and written communication skills
  • Fluency in English, as well as, Mandarin or Cantonese
  • Ability to travel (local and international)

Additional Requirements:

  • Must be able to work from our NY office for first 3 months

JOB DETAILS

Location
Hong Kong
Fields

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