Corporate Development Manager

Corporate Development Manager

Established in 1744, Sotheby's is the world's premier destination for art and luxury. Sotheby's promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby's believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.

We are looking for a Manager in our Corporate Development team responsible for assisting with our M&A and growth strategy as well as supporting the Head of Corporate Development and Business Strategy in communicating with investors.

Responsibilities

• Partner with the Head of Corporate Development to execute the M&A strategy defined by the senior executive team by proactively identifying, sourcing, evaluating, and fostering relationships that align with our growth objectives
• Drive the evaluation and analysis of inorganic opportunities across industries and geographies with potential market fit
• Support and potentially lead the negotiation of transaction terms and structure
• Run the due diligence and transaction process in partnership with cross-functional teams within the firm, including business stakeholders, Finance, HR, Operations and Legal / Compliance
• Build financial models to assess synergy capture, returns on invested capital, pro forma impact to Sotheby's P&L, and shareholder value creation analysis
• Contribute to the development and refinement of our corporate development processes, including acquisition diligence and pipeline management.
• Collaborate with Head of Corporate Development and internal stakeholders to establish key performance indicators (KPIs) to track the success of corporate development initiatives
• Prepare and present high-impact reports, analyses and execution plans and presentations on potential M&A opportunities to the executive team and board as needed
• Attend and participate in industry events and on-site visits to understand our service offerings, the competitive landscape, and emerging trends
• Build expertise in Sotheby's business model to discuss the structure and financials with investors
• Ensure regular and strategic communication with shareholders

Ideal Experience & Competencies

The proposed base salary for this position ranges from $125,000-$165,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered.