Analytics

Company Overview:

Masterworks is the only platform for investing in blue-chip, multi-million dollar artworks. "Contemporary art" (post-WWII) has outperformed the S&P by 150% since 1995. Prior to Masterworks, the only way to allocate to art was to purchase a multi-million dollar painting, making the asset class inaccessible for most investors. The company has over 200,000 investors signed up purchasing shares in primary offerings and trading shares in a secondary market.

Position Overview:

We are seeking a VP of Data Analytics to lead the development of quantitatively-based investment theses around specific art market sub-segments that will guide which paintings for Masterworks' to purchase.

This role will own micro-level analysis into the art market by sub-segments, including artist, series, vintage, example-type, levels, as well as identifying/developing key evaluation metrics.

The role will examine what external factors contribute to price movements and buy/sell signals. The role will be a senior thought leader internally and will work closely with our art acquisitions team.

Responsibilities Overview:

We are seeking an experienced, high-performing individual who will use quantitative methods to understand art market appreciation and returns, thereby identifying buy/sell signals for particular artworks within the Masterworks' investment portfolio.

• Team Management:

  • 1-2 engineers

  • 1-2 statisticians / analysts

  • 5-10 data collection interns

• Responsible for executing research projects to test specific hypotheses on what drives art market returns

• Build models and reporting tools to help internal teams understand what segments of the art market are performing the best

• Collaborate with our Chief Investment Officer on macro-and cross-asset analysis

Requirements and Preferred Experience:

• 5-7 years+ experience in data analytics, investment analysis, economics, finance, and/or similar fields

• Experience in studying art market structure and analysis

• Experience with data science languages (R, Python)

• Strong curiosity and interest around what drives returns in the art market

Measurements of Success in First 90 Days:

• Complete hiring of the team

• Identify 3-5 hypotheses from internal team members at Masterworks about what drives art market returns; create research projects

• Identify new data types that need to be collected for analysis

Additional Requirements:

• Must be able to work in the office in the NYC area

• Must be eligible to work in the US - no exceptions.