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 $700 million in world-class artworks, introducing over 575,000 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 180+ 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 and Responsibilities Overview:

This is not your typical appraisals opportunity and we are not looking for a typical art appraiser. We are looking for an Associate Appraiser to help us push our Valuations Team to set the absolute industry standard. You will be responsible for developing appraisals for the world's fastest growing contemporary art collection and sourcing valuations for dozens of new acquisitions every month.

This isn't the old “PDF and email” way of doing things. You will become an expert on cutting edge tools to research, organize and document your appraisal work – from databases, to automations, analytics, statistical concepts, etc. – this role will define how fine art appraisals will get done in the 21st century.

As a part of Masterworks' Finance Department, the Valuation Team is tasked with framing art valuations for use by highly sophisticated finance professionals and investors.

Our Appraiser combines a love and expertise for contemporary art with a highly process driven, analytical mind-set. You love to get stuff done. You are ready for a fast-paced environment unlike anything in the art market. You will see more blue-chip art than anywhere else.

Our Associate Appraisers will collaborate closely with our Senior Appraiser, as well across the company, and will report to the Valuations Team Manager. You will be responsible for:

• Quarterbacking daily pricing sessions, including:
  • Preparing sourcing valuations for 10-15 artworks daily
  • Providing important valuation input for paintings >$1mm by artists like Andy Warhol, Joan Mitchell and Mark Bradford
• Supporting acquisitions due diligence, including:
  • Performing research on artworks in the Masterworks portfolio and prospective acquisitions
  • Analyzing historical prices for sets of comparable works by an artist
  • Viewing artworks in person and on site, as necessary
• Supporting our Senior Appraiser for quarterly appraisals of the collection
• Driving process improvement and scale
  • Improving dashboards, templates, tools and data flow
  • Managing pricing data and information, in compliance with USPAP standards, for the 200+ artworks owned by the company

Requirements or Skill Sets:

• 4+ years of experience in the art market
• Extensive knowledge of the secondary art market for Post War & Contemporary Art
• Experience at a major auction house, appraisal firm or advisory group strongly preferred
• Completion of USPAP required
• You know how to prioritize
• You love research and are intellectually curious
• You love problem solving and love to implement, iterate and scale new processes
• You write flawlessly with clarity, brevity and impact
• Highly analytical, data driven, discrete and highly organized
• Fast learner with excellent verbal and written communication skills
• Meticulous attention to detail
• Need to be in high-growth, fast-paced environment
• Familiarity with Airtable a big plus
• You are an Excel and/or Google Sheets power user
• You have task management superpowers–Clickup, Monday, Asana, Airtable or similar.

Additional Requirements:

• Must be able to work in the NYC 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 range for the role is $70-90k (inclusive only of base salary, and exclusive of other potential competitive benefits such as on-target commission, bonus payments, and equity). Our ranges are very broad to accommodate all types of candidates and encourage growth. 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.