At a Glance
- Tasks: Provide legal support for art-backed loans and transactions in a dynamic environment.
- Company: Join Sotheby’s, a prestigious leader in art and luxury services since 1744.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Work in London at our iconic new headquarters with a collaborative team.
- Why this job: Be part of a fintech-driven team transforming the future of art financing.
- Qualifications: Qualified UK lawyer with 2-6 years in banking/finance, strong drafting and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
ABOUT SOTHEBY’S FINANCIAL SERVICES
Sotheby’s Financial Services, the only full-service art financing company, enables clients to unlock the liquidity in their fine art and collectible assets through technology and innovation. With the spirit of a fintech startup, the stability of a large established organization, and its position at the center of the art ecosystem, the SFS team unites around the goal of leading the future of art financial services. We have a bold and exciting journey ahead, and we can't wait to make it happen together.
THE ROLE
Sotheby’s Financial Services (SFS) is seeking a business-minded and self-motivated attorney to join its legal team. The attorney will be responsible for providing transactional and legal support to the SFS business, focusing on loans backed by fine art and collectible assets, consignor advances, as well as other transactional initiatives in Europe and Asia. This position is based in London.
RESPONSIBILITIES
- Draft, review and negotiate various agreements, including term loan and revolving credit facilities, security agreements, collateral documents and guarantees.
- Provide legal advice to the SFS team on structuring finance transactions backed by fine art and collectible assets, including collectible cars, for clients in multiple jurisdictions.
- Conduct due diligence and facilitate transaction closings.
- Contribute subject matter expertise to the development of playbooks, templates, and operational best practices.
- Ensure that policies and procedures are followed and that all related documents reflect negotiated terms and comply with applicable laws and regulations.
- Partner internally to identify opportunities for process improvement, scalability, and enhanced service delivery.
- Lead trainings for business partners on legal issues.
- Participate in negotiations with borrowers, outside counsel and counterparties.
- Provide additional legal support that the business requires at the direction of the General Counsel.
IDEAL EXPERIENCE & COMPETENCIES
- Qualified lawyer in the UK with approximately 2-6 years post qualification experience in banking/finance, with experience in an in-house legal department preferred.
- Familiarity with New York law a plus, but not required.
- Strong work ethic and ability to multitask, prioritize and manage numerous projects simultaneously in a fast-paced environment.
- Demonstrated commitment to responsiveness, accountability and timely follow-through, with the ability to manage stakeholder expectations and communicate proactively regarding priorities, timelines and legal risk.
- Strong attention to detail and quality of work product.
- Exceptional drafting, communication, analytical and interpersonal skills.
- Excellent business judgment and ability to assess legal risk while also thinking strategically and providing practical advice.
- Practical approach to legal drafting and problem solving and ability to translate legal issues into clear, “plain English” guidance for non-lawyers.
- Team player who will roll up their sleeves and take on additional responsibilities, while also being able to work independently and think strategically.
- Ability to work effectively with individuals at all organizational levels.
- Comfort working within, and demonstrates strong adoption of, established legal processes and technology platforms, including matter management, contract lifecycle management, workflow and reporting tools.
Senior Counsel, Sotheby’s Financial Services in London employer: Sotheby's
Sotheby’s is an exceptional employer, offering a dynamic work environment at its new global headquarters in the iconic Breuer building in New York City. With a strong commitment to employee growth and development, Sotheby’s Financial Services fosters a culture of innovation and collaboration, providing unique opportunities for legal professionals to engage in meaningful work within the art financing sector. Employees benefit from a supportive atmosphere that values diversity and encourages professional advancement, making it an attractive place for those seeking a rewarding career in a prestigious organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Counsel, Sotheby’s Financial Services in London
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Sotheby's, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Senior Counsel, Sotheby’s Financial Services in London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Sotheby's, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Sotheby's and the specific role of Senior Counsel, Sotheby’s Financial Services. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Sotheby's’s culture!
How to prepare for a job interview at Sotheby's
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Sotheby's.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Sotheby's.
