Business Development Manager at Sotheby’s

New York, New York, United States

Sotheby’s Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Art, Luxury Goods, AuctionsIndustries

Requirements

  • Minimum 5 years of experience in a consultative or project management role within a data-driven, analytical environment
  • Proven ability to manage multiple complex initiatives with strong organizational and project management skills
  • Exceptional analytical, communication, and presentation abilities, with strong business and financial acumen
  • Skilled at fostering collaboration and building productive relationships across teams and functions
  • Demonstrated discretion and professionalism in handling confidential and sensitive information
  • Critical mindset, creative and results-driven thinker, excellent problem solver, and strong interpersonal skills

Responsibilities

  • Partner closely with the Global Head of Business Development as a strategic advisor and sounding board, contributing to the definition and execution of the division’s strategic agenda
  • Lead and manage key strategic projects and business initiatives, translating priorities into actionable plans and ensuring alignment with division’s goals
  • Conduct market, client, and performance analyses to inform decision-making, uncover opportunities, and guide process improvements
  • Drive business performance by designing and implementing scalable processes, enhancing collaboration, and fostering knowledge sharing across regions and teams
  • Cultivate strong relationships across the business, engaging selectively in business development activities and serving as a trusted connector within the organization

Skills

Key technologies and capabilities for this role

Business DevelopmentStrategic PlanningProject ManagementMarket AnalysisProcess ImprovementData AnalysisPerformance AnalysisClient AnalysisProblem Solving

Questions & Answers

Common questions about this position

What is the salary range for the Business Development Manager position?

The proposed base salary ranges from $110,000-$150,000. Successful candidates are also eligible for a discretionary bonus and a competitive benefits package.

Is this Business Development Manager role remote or office-based?

This information is not specified in the job description.

What skills and experience are required for this role?

Candidates need a minimum of 5 years in a consultative or project management role in a data-driven environment, strong organizational and project management skills, exceptional analytical, communication, and presentation abilities with business acumen, and skills in fostering collaboration.

What kind of company culture does Sotheby’s promote?

Sotheby’s is committed to making its industries more inclusive, sustainable, and collaborative, believing in the transformative power of art and culture.

What makes a strong candidate for the Business Development Manager role?

The ideal candidate has a critical mindset, is a creative and results-driven thinker, an excellent problem solver with strong interpersonal skills, and possesses the listed experience in consultative or project management roles.

Sotheby’s

Auction house for fine art

About Sotheby’s

Sotheby's is a global auction house that specializes in selling fine art, luxury items, and collectibles through live and online auctions, as well as private sales. The company provides online estimates to help sellers determine the value of their items, which is a key differentiator from competitors. Sotheby's holds auctions in major cities worldwide, attracting a diverse audience and ensuring a competitive market for high-end items. The goal is to connect buyers and sellers in the luxury market while offering a personalized and discreet experience.

New York City, New YorkHeadquarters
1744Year Founded
$4MTotal Funding
POST_IPO_EQUITYCompany Stage
Real Estate, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Company Match
Professional Development Budget

Risks

NFT market volatility poses financial risks for Sotheby's digital collectibles sales.
Recent staff layoffs indicate potential financial instability or auction performance downturn.
The $100 million Breuer building acquisition could strain financial resources if unprofitable.

Differentiation

Sotheby's offers both live and online auctions, catering to diverse client preferences.
The company provides private sales for clients seeking privacy and exclusivity in transactions.
Sotheby's expertise in valuing rare items attracts high-end collectors and investors.

Upsides

Sotheby's collaboration with The Luxury Group offers unique luxury auction experiences.
The acquisition of the Breuer building enhances Sotheby's brand and auction venue prestige.
Sotheby's acceptance of cryptocurrency payments attracts crypto-wealthy buyers.

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