Art Finance

Yieldstreet’s⠀Investment⠀Team is⠀looking⠀for a⠀Junior⠀Investment⠀Credit⠀Associate⠀to join⠀our Art⠀Finance⠀vertical.⠀You will⠀report to⠀the⠀Director⠀of Athena⠀Art⠀Finance⠀and play⠀an⠀integral⠀part in⠀the growth⠀of⠀Yieldstreet's⠀Art⠀Finance⠀asset⠀class.⠀Athena has⠀originated⠀~$700M in⠀art loans⠀and 8⠀Diversified⠀Art Debt⠀Offerings,⠀making it⠀a leading⠀independent⠀art⠀finance⠀company.⠀Athena is⠀also the⠀manager of⠀Yieldstreet’s⠀Art Equity⠀Funds. You⠀will be⠀responsible⠀for⠀preparing⠀all⠀matters⠀related to⠀existing⠀and new⠀deal⠀execution⠀of the⠀full⠀credit⠀underwriting⠀process⠀for our⠀Senior⠀Underwriters,⠀including⠀preparation⠀of credit⠀committee⠀memoranda,⠀development⠀of⠀investor⠀facing⠀materials,⠀and final⠀closing⠀coordination,⠀while⠀working⠀collaboratively⠀with⠀several⠀internal⠀and⠀external⠀stakeholders.⠀The ideal⠀candidate⠀will have⠀a passion⠀for art⠀and for⠀Yieldstreet’s⠀mission to⠀provide⠀access to⠀alternative⠀investments⠀and want⠀to utilize⠀your⠀expertise⠀to change⠀the way⠀wealth is⠀created⠀and help⠀millions⠀on their⠀path to⠀financial⠀independence.

This⠀is a⠀full-time⠀position⠀for an⠀employee⠀based in⠀New York,⠀qualified⠀to work in⠀the U.S.

What You'll Do:

• Conduct⠀financial⠀due⠀diligence,⠀including⠀analysis⠀of loan⠀structure⠀and⠀creditworthiness
• Prepare⠀engagement⠀letters,⠀review⠀loan⠀documents⠀to ensure⠀alignment⠀with term⠀sheet and⠀that all⠀protections⠀are fully⠀captured
• Coordinate⠀loan⠀fundings,⠀prepare⠀closing⠀statements⠀and⠀monitor⠀the loan⠀portfolio⠀to ensure⠀compliance⠀with all⠀covenants⠀in credit⠀facilities
• Assist⠀with⠀preparation,⠀coordination⠀and⠀completion⠀of credit⠀memos and⠀submissions⠀to the⠀Investment⠀Committee⠀and⠀Offering⠀materials⠀for⠀Yieldstreet⠀Art Debt⠀and Equity⠀offerings
• Liaise⠀with⠀Product⠀Marketing,⠀Transaction⠀Management,⠀Portfolio⠀Management,⠀Legal,⠀Finance,⠀Accounting⠀and FinOps⠀teams
• Support⠀Athena’s⠀accounting,⠀treasury⠀function,⠀expense,⠀and AP⠀management⠀by⠀reviewing⠀and⠀monitoring⠀monthly⠀borrower⠀invoices,⠀ensure⠀fees are⠀correctly⠀invoiced⠀and⠀allocated
• Coordinate⠀due⠀diligence⠀requests⠀related to⠀year-end⠀banks⠀audits,⠀field⠀exams,⠀bank⠀financings⠀and⠀third-party⠀RFPs
• Prepare⠀financial⠀models,⠀measure⠀portfolio⠀and⠀financial⠀performance⠀for art⠀funds,⠀including⠀forecasting⠀tools,⠀stress-testing,⠀etc.
• Help⠀to execute⠀financing⠀transactions,⠀including⠀warehouse⠀facilities,⠀securitizations,⠀and other⠀financing⠀activities

What You’ll Need:

• Bachelor’s⠀Degree
• 3-5⠀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 explain⠀and⠀present⠀financial⠀concepts⠀and⠀complex⠀information⠀concisely⠀in both⠀verbal and⠀written⠀forms
• Must⠀be an⠀effective⠀and⠀proactive⠀problem-solver;⠀able to⠀analyze⠀situations⠀thoroughly⠀and to⠀anticipate⠀problems⠀before⠀they⠀arise
• 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 a fast⠀paced⠀startup⠀environment
• Ability⠀to think⠀analytically,⠀build⠀narrative,⠀and⠀synthesize⠀quantitative⠀and⠀qualitative⠀findings;⠀use data⠀to make⠀business⠀decisions
• Able⠀to work⠀legally⠀within the⠀United⠀States
• This⠀role will⠀be based⠀out of the⠀NYC office⠀and⠀requires⠀someone to⠀be in the⠀office 3⠀days/week
• Bonus⠀points for⠀Art⠀Finance⠀experience

About Yieldstreet

Yieldstreet⠀is the⠀leading⠀private⠀market⠀investment⠀platform.⠀We believe⠀that⠀private⠀market⠀alternatives⠀should be⠀a⠀fundamental⠀part of⠀your⠀portfolio.⠀That’s⠀why⠀we’re⠀unlocking⠀access to⠀make it⠀easier⠀than ever⠀to get⠀started.⠀We partner⠀with⠀top-tier⠀investment⠀managers⠀to provide⠀investors⠀with a⠀wide range⠀of⠀opportunities⠀across⠀real⠀estate,⠀venture⠀capital,⠀private⠀equity,⠀art, short⠀term notes⠀and more.⠀All of our⠀offerings⠀are⠀curated⠀and vetted⠀by our⠀team to⠀help⠀investors⠀diversify⠀away from⠀the stock⠀market⠀with⠀confidence.