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Business Development Representative
Masterworks New York, NY
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$79k-103k (estimate)
Full Time 5 Days Ago
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Masterworks is Hiring a Business Development Representative Near New York, NY

About Masterworks

Masterworks is a fintech platform that allows anyone to invest in SEC-qualified shares of multi-million dollar paintings by names like Banksy, Basquiat, and Picasso. In just three short years, we have built a portfolio of nearly $800 million in world-class artworks, introducing over 700,000 individuals to the $1.7 trillion art market.

Masterworks has been covered by major media publications such as The New York Times, CNBC, The Wall Street Journal, and the Financial Times, and was recently recognized as one of the Top 50 Startups in the US by LinkedIn.

In 2021, Masterworks achieved unicorn status raising $110M in its Series A fundraising round at a valuation exceeding $1 billion.

Our 200 employees are based out of our offices at Brookfield Place in the Financial District of New York City. With an entirely in-office team, there are endless opportunities for collaboration, innovation, and learning.

Why Masterworks?

  • Do you thrive on disruption?
  • Do you want to live at the cutting edge of finance, technology, and art?
  • Are you passionate about democratizing alternative investments?
  • Do you enjoy meaningful work that has a noticeable impact on business performance?

If you answered “Yes” to any of the above, we’d love to hear from you!

Position Overview

Masterworks is looking for BDR's to do outbound work to potential investors by phone, igniting their interest in investing in art, and scheduling them to speak with one of our Senior Financial Advisors. We are seeking passionate individuals to educate investors about art as an asset class.

Our ideal candidate has 1-5 years of sales or advisory experience within an education in finance or experience in the financial services industry.

Responsibilities

  • Outbound dials to prospective customers
  • Speaking to the inner workings of Masterworks, explaining art as an asset class
  • Scheduling investor appointments with the Senior Investment Advisor team

Requirements Or Skill Sets

  • Unlicensed candidates must take the FINRA Series 65
  • 1-5 years of sales, advisory, or financial services experience
  • Finance or Business degree
  • Strong interest in alternative assets, financial markets, and macroeconomics
  • Interest in art is a plus
  • Experience using CRM tools is a plus
  • Highly organized, results-driven, competitive personality
  • Excellent verbal and written communication skills

Additional Requirements

  • Must be able to work full time out of our New York City office
  • Must be eligible to work in the US - no exceptions

Benefits At Masterworks

  • Daily catered lunches
  • Free admission to art museums and galleries
  • Health, dental, and vision coverage with FSA options
  • PTO and 401k
  • Discounted Equinox membership
  • Happy hours, company outings, social clubs, and more!

How does Masterworks think about compensation?

The compensation package includes a $65,000-75,000 base salary, with a variable component of $20-50k per year ($30k on-target, with a commission guarantee for the first 60 days)

The advertised pay scale reflects the good faith salary range for this role and is not a promise of a particular wage for any specific employee. Specific compensation offered to a candidate may be dependent on factors such as education, experience, qualifications, and alignment with market data. Exceptional candidates may receive salaries outside of the posted ranges.

Job Summary

JOB TYPE

Full Time

SALARY

$79k-103k (estimate)

POST DATE

06/28/2024

EXPIRATION DATE

07/14/2024

HEADQUARTERS

AUSTIN, TX

SIZE

25 - 50

FOUNDED

2011

CEO

DAVID DRAUDT

REVENUE

$10M - $50M

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The following is the career advancement route for Business Development Representative positions, which can be used as a reference in future career path planning. As a Business Development Representative, it can be promoted into senior positions as a Business Development Associate III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Representative. You can explore the career advancement for a Business Development Representative below and select your interested title to get hiring information.

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When a prospect first enters the sales funnel, a business development representative takes charge of taking the operation efficiently to the end goal because they are at the forefront of the sales process.

12/08/2021: Fayetteville, NC

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12/29/2021: Hartford, CT

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12/12/2021: Pocatello, ID

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01/27/2022: Schenectady, NY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Representative jobs

Find a Balance of Personalization and Efficiency.

02/02/2022: Clearwater, FL

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01/25/2022: Memphis, TN

Earn professional certifications.

02/11/2022: Parkersburg, WV

Step 3: View the best colleges and universities for Business Development Representative.

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