Global Banking in England

Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, London
Job Description
COMMODITIES METALS AND
OIL
LOGISTICS
Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world.
Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm\’s assets and its reputation
YOUR IMPACT
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.
OUR IMPACT
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 partner 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.
HOW YOU WILL FULFIL YOUR POTENTIAL
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.
EXPERIENCE WE\’RE LOOKING FOR
Preferred Qualifications
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