Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, ...

Goldman Sachs Group, Inc; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global investment firm in the UK is seeking an experienced logistics professional to manage risks in the transportation and storage of physical metals and oil. The role involves daily inventory management, collaboration with trading and sales, and interaction with various internal departments for risk mitigation. Candidates should possess substantial experience in metals, oil logistics, and have strong analytical skills. The firm prides itself on its culture and offers competitive benefits.

Benefits

Competitive vacation policies

Financial wellness support

On-site fitness centers

Child care services

Qualifications

• Experience with physical inventory management and logistics in metals or oil.
• Ability to manage competing priorities and collaborate in a fast-paced environment.
• Proven technical and analytical skills with meticulous attention to detail.

Responsibilities

• Manage onboarding and execution of physical metals and oil commodity transactions.
• Oversee daily inventory and supply chain management.
• Collaborate with trading and sales on potential transactions.

Skills

Base Metal Logistics

Precious Metal Logistics

Oil Logistics

Inventory Management

Supply Chain Optimization

Stakeholder Coordination

Tools

Python

Job description

Overview

Metal and Oil Logistics is a high value risk management team in Operations that is responsible for managing physical risks associated with the transportation and storage of physical inventory for the Commodities Business including Structured Finance. Logistics partners closely with Trading, Sales, other Operations teams, Legal and other key departments. We are seeking a professional who is looking to collaborate across the firm to manage and mitigate risks associated with the physical logistics supply chain - particularly in metals or oil with an opportunity to expand into other physical commodities as new commercial opportunities arise.

Responsibilities

• Onboarding, execution and ongoing support for physical metals and oil commodity transactions.
• Responsibilities involve daily inventory and supply chain management including liaising with trading and sales on potential transactions, daily scheduling of inventory movements, vessel vetting in line with internal policies & standards, transportation and title documentation review, inventory reconciliation and liaison with clients and operators.
• Daily interaction with traders, sales people and numerous control groups across operations, legal, compliance, tax, insurance, technology etc. to work toward the shared goal of risk mitigation and business facilitation.
• Provide logistics comments in a variety of areas including new trade ideas, system enhancements and contract language.
• Arrange for pre execution due diligence and ongoing inspections of client or third party storage facilities.
• Ensure contracts & confirmations accurately reflect terms agreed and identify discrepancies in legal documents & invoices.
• Participate in the ongoing development of the team processes and procedures in order to support this developing business.
• Collaborate as a proactive team player who takes ownership and accountability of projects, has strong organizational skills, and the ability to effectively manage competing priorities and expectations.
• We are looking for a professional and dynamic individual with physical Base Metal, Precious Metal or Oil Logistics experience to join our logistics team who cover a range of products including Metals and Oil. The ideal candidate would be able to operate effectively in a challenging and fast paced environment, partner with the Business and other core support areas in order to meet business demands and facilitate new business growth with a key focus on clients, risk, control and efficiency. Extensive knowledge and experience in Base Metals, Precious Metals or Oil logistics.
• Experience with physical inventory management and supply chain optimisation/planning.
• Cargo operations experience beneficial but not essential.
• Knowledge and understanding of commercial deal terms, title transfer documents and Incoterms.
• Experience coordinating across multiple stakeholders and executing large scale transactions.
• Proactive, self starting individual with high levels of ownership of projects and contracts.
• Strong organizational skills & ability to effectively manage competing priorities.
• Proven technical and analytical skills, a control mentality with meticulous attention to detail.
• Strong focus on control issues, processes and procedures.
• Ability to learn quickly in a fast paced environment, able to work well under pressure in order to meet deadlines.
• Aptitude for building relationships both inside and outside of the firm and ability to communicate effectively with a wide array of people with varying product knowledge.

Preferred Skills

• Python skills preferred but not essential.

About Goldman Sachs (Status and Benefits)

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We are committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at.We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees\' priorities. Health We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state of the art on site health centers in certain offices. Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre approved amount). We offer on site child care centers that provide full time and emergency back up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs Read more about the full suite of class leading benefits our firm has to offer.