Project Manager - Commodities

G MASS; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A top investment bank in London is seeking an experienced professional to lead the operational build of a new physical metals trading business. The role involves designing and implementing processes and controls and requires strong knowledge of commodities trading and operational risk. The successful candidate will collaborate with various teams and establish governance and settlement processes within regulatory frameworks.

Qualifications

• Experience in physical commodities trading, precious metals, or commodities operations.
• Demonstrated success in building new processes and controls from scratch in a financial institution.
• Ability to navigate a matrixed, global environment and drive progress independently.
• Strong understanding of operational risk, regulatory requirements, and settlement processes.

Responsibilities

• Design and implement the end-to-end operational process for physical metals.
• Establish controls, governance, and settlement processes in line with regulatory and internal requirements.
• Liaise with front office, risk, legal, compliance, and technology teams.
• Support onboarding of relevant infrastructure, systems, and third-party providers.
• Provide recommendations on operating models and potential future-state scaling.

Job description

We’re working with a leading global investment bank exploring the build-out of a physical metals trading business. To support this initiative, we're looking to bring in an experienced professional, who has hands-on experience designing and implementing processes and controls - particularly within commodities, physical trading, or post-trade operations. Your role will be to lead the initial operational build, define what’s needed, and implement sustainable and scalable processes, infrastructure, and controls to support growth.

Responsibilities:

• Design and implement the end-to-end operational process for physical metals
• Establish controls, governance, and settlement processes in line with regulatory and internal requirements
• Liaise with front office, risk, legal, compliance, and technology teams
• Support onboarding of relevant infrastructure, systems, and third-party providers (e.g. vaulting, logistics)
• Provide recommendations on operating models and potential future-state scaling

• Experience in physical commodities trading, precious metals, or commodities operations
• Demonstrated success in building new processes and controls from scratch in a financial institution
• Ability to navigate a matrixed, global environment and drive progress independently
• Strong understanding of operational risk, regulatory requirements, and settlement processes

Rate: to be discussed