Sr. Investment Associate, Art Finance at Yieldstreet

| Greater NYC Area
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Thank you for your interest in joining the Yieldstreet team! Our mission is to empower people by helping them realize their next level, and we remain committed to supporting our employees, investors, and community during the COVID-19 pandemic. Here are some of the ways we've been responding to the crisis.
About the Role
Yieldstreet’s Investment Team is looking for a Sr. Investment Associate to join our Art Finance vertical. You will report to the Managing Director and Chief Investment Officer of Athena Art Finance and play an integral part in the growth of Yieldstreet's Art Finance asset class. You will be responsible for all matters related to existing and new deal execution including the full credit underwriting process, preparation of credit committee memoranda, development of investor facing materials, and final closing coordination, while working collaboratively with several internal and external stakeholders. Yieldstreet has originated over $300M in loans to date, making us one of the leading speciality finance companies in the art-backed loan space globally!
The ideal candidate will have a passion for Yieldstreet’s mission of helping investors Realize Their Next Level. You recognize the need for more people to access alternative investments and want to utilize your expertise to change the way wealth is created and help millions on their path to financial independence. 
While we are currently working remotely, this role will be based out of our NYC headquarters.

What you'll do:

  • Conduct borrower and guarantor due diligence, including analysis of loan structure and creditworthiness
  • Oversee the art collateral from a credit perspective, namely validation of authenticity, title, final valuations, possession and insurance
  • Work directly with insurers and brokers on all art insurance needs to protect the lender’s collateral position
  • Review all loan documents to ensure alignment with term sheet and that all protections are fully captured
  • Prepare engagement letters and closing statements
  • Coordinate with Investment Operations on loan fundings and compliance with bank credit facilities
  • Prepare, coordinate and complete all credit memos and submissions to credit committee
  • Prepare, coordinate and complete all Series Note Supplements and Offering pages to internal Marketing and Legal teams
  • Respond to all borrower inquiries, namely additional loan requests/paydowns, collateral consignments to auction houses and galleries, and loans to museums and fairs
  • Monitor existing loan portfolio to ensure existing loans are either renewed or repaid at maturity
  • Review and monitor monthly borrower invoices, and ensure all calculations and fees charged and billed are accurate 
  • Coordinate due diligence requests related to year-end banks audits, field exams, bank financings and third-party RFPs 

What you’ll need:

  • Bachelor’s Degree
  • 5-8 years of transactional based credit underwriting experience
  • Experience in financial statement analysis, financial modeling or financial valuation; preparing financial information, interpreting financial performance and assessing risk exposure
  • Ability to articulate financial concepts and information in both verbal and written forms
  • Excellent organizational skills and high attention to detail
  • Deal Execution mindset
  • Proficiency in Microsoft Office, including Word, Excel and PowerPoint
  • Ability to work seamlessly in a cross-functional team environment spanning multiple disciplines
  • Ability to thrive in an ambiguous and fast paced startup environment

Bonus points for:

  • Art Finance experience

About Yieldstreet
Yieldstreet is building the largest global digital wealth management platform to change the way wealth is created. With an investor-first approach, our investor community builds a diversified portfolio of investments outside of the stock market to generate passive income. Yieldstreet is giving unprecedented access to asset classes such as Real Estate, Marine, Legal, Art & Commercial. We’re headquartered in New York City with offices in Brazil, Argentina, Malta and Greece.
Benefits 
We offer an attractive market compensation and benefits package including a stock option plan, health, dental & vision benefits, life insurance, unlimited paid vacation, sabbatical and paid holidays and that's before you even step in the office! 
This is an opportunity to work with a group of diverse, smart, and friendly people from 8 different countries who speak a total of 17 different languages. Our team is composed of successful entrepreneurs with combined exits of over $1B, and we continue to stay social during the pandemic with virtual social hours, exercise classes, meditation sessions, recipe sharing and so much more! While we are currently working remotely due to COVID-19, we're located in a beautiful new office in Midtown Manhattan and our building is close to most major subway lines.
Yieldstreet is proud to be an equal opportunity employer. We celebrate diversity and are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without discrimination or harassment based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical​​​ condition, pregnancy, genetic information, gender, sexual orientation, gender identity or ​expression, veteran status, or any other status protected under federal, state, or local law.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • ReactLibraries
    • ReduxLibraries
    • React NativeLibraries
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    • PlayFrameworks
    • Kafka Frameworks
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    • RedisDatabases
    • KubernetesDatabases
    • Google AnalyticsAnalytics
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    • FullStoryAnalytics
    • InVisionDesign
    • PhotoshopDesign
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    • ZeplinDesign
    • TrelloManagement
    • ClubhouseManagement
    • WordpressCMS
    • HubSpotCRM
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    • MailChimpEmail
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    • MarketoLead Gen

Location

We're located in a beautiful new office in Midtown with a balcony overlooking Park Avenue, close to Grand Central and most major subway lines.
How Yieldstreet is Making a Difference: "These Types of Opportunities Didn't Exist Before"
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An Insider's view of Yieldstreet

What are some social events your company does?

My favorite part of Yieldstreet is our camaraderie. It’s refreshing to be part of a team that likes spending time together vs bolting for the door as soon as the clock strikes 5. We do group workouts, host guest speakers, do team outings, and go for dinners at popular spots like Vandal, Lavo and Nobu.

Meg

Chief of Staff

How do you collaborate with other teams in the company?

We collaborate across functional differences (your normal departmental divisions) and geographic distances. We not only share documentation about features and strategy, but also about the best spots to grab a bite, a drink, or to catch a show! Yieldstreet folks look out for each other, so our teams in Brazil, Argentina, Malta have followed suit.

Charlie

Product Manager

How has your career grown since starting at the company?

My career has grown tremendously in the year and a half at Yieldstreet. I started as the only Product Manager on the team, and as we've scaled, I have had the opportunity to grow the product team to six people. I was recently promoted to Director and now have a wide-ranging set of responsibilities and the capability to impact company strategy.

Glenna

Director of Product Management

How do you make yourself accessible to the rest of the team?

I sit amongst the team, grab lunch with the team, go to happy hours with the team and that is why I feel like I'm always in the know with the challenges and successes of the team. Being accessible doesn't have to just be scheduled and I expect that my team will / can come to me at any time or any place to address whatever needs to be addressed.

Matt

Head of Credit Underwriting

How does your team reward individual success?

I knew code wasn’t the only place I could contribute. Within a year I was involved on projects across 4 teams, was promoted to senior engineer, and now lead the mobile dev team. Last quarter I received our coveted Impala award, exemplifying that quarter’s mission: focus and blitz. My worst day at YS has been better than my best at any other job.

David

Senior Software Engineer

What are Yieldstreet Perks + Benefits

Yieldstreet Benefits Overview

We offer an attractive market compensation and benefits package including a stock option plan, health, dental & vision benefits, life insurance, unlimited paid vacation, sabbatical and paid holidays and that's before you even step in the office!

Culture
Partners with Nonprofits
Yieldstreet has raised money for Robin Hood for COVID-19 relief and has also raised money for United Hatzalah through the Yieldstreet Foundation.
Friends outside of work
Eat lunch together
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Unconscious bias training
Diversity Employee Resource Groups
Yieldstreet launched its first women-focused Employee Resource Group in 2020.
Hiring Practices that Promote Diversity
Yieldstreet conducts inclusive and structured hiring processes that assess and evaluate all candidates equally, striving to hire the best and most diverse talent.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Yieldstreet employees can contribute up to $2750 annually to their FSA. Yieldstreet also contributes to your HSA.
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Team workouts
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
We provide up to 12 weeks of parental leave for the primary caretaker. Yieldstreet also provides 4 weeks of leave for the secondary caretaker.
Flexible Work Schedule
Summer Fridays!
Family Medical Leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Sabbatical
Paid Holidays
Perks & Discounts
Casual Dress
Commuter Benefits
Yieldstreet offers pre-tax commuter benefits for all employees.
Company Outings
Stocked Kitchen
Some Meals Provided
Employees get free lunch on Wednesday.
Happy Hours
Happy hours are frequently hosted by individual teams and company-wide.
Fitness Subsidies
Yieldstreet pays for fitness classes that we attend together as a team.
Home Office Stipend for Remote Employees
Each employee gets $300 for remote work supplies.
Professional Development Benefits
Job Training & Conferences
Yieldstreet offers employees professional development opportunities like the ability to attend job related conferences and seminars, leadership training, and 1-1 coaching for managers.
Lunch and learns
For example, New York Times best selling author, Alexa von Tobel recently held a lunch & learn about her new book "Financially Forward". All of our employees received a free copy of her book.
Cross functional training encouraged
Promote from within
Online course subscriptions available
Customized development tracks
Paid industry certifications
We don't have a budget for industry certifications but we pay for those that are relevant.
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