At a Glance
- Tasks: Join our logistics team to manage physical commodities like metals and oil.
- Company: Goldman Sachs, a leading global investment banking firm.
- Benefits: Competitive salary, generous vacation, health support, and professional development opportunities.
- Why this job: Make an impact in a fast-paced environment while collaborating with diverse teams.
- Qualifications: Experience in Base Metals, Precious Metals or Oil logistics preferred.
- Other info: Dynamic role with excellent career growth and a focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
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
- 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 Skillset
- Python skills preferred but not essential.
ABOUT GOLDMAN SACHS
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're 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.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, [...] in London employer: Goldman Sachs Group, Inc.
Contact Detail:
Goldman Sachs Group, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, [...] in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience in logistics and risk management.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, [...] in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role you're applying for. Highlight your experience in Base Metals, Precious Metals, or Oil logistics, and showcase any relevant skills that align with the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don't forget to mention your ability to work in a fast-paced environment and your focus on risk management.
Showcase Your Team Spirit: We love team players! In your application, highlight experiences where you've collaborated with others to achieve a common goal. Mention any cross-departmental projects you've been involved in, especially those related to logistics or supply chain management.
Apply Through Our Website: To make sure your application gets the attention it deserves, apply directly through our website. This way, we can easily track your application and ensure it reaches the right people. Plus, it shows you're serious about joining us!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Commodities
Make sure you brush up on your knowledge of Base Metals, Precious Metals, and Oil logistics. Understand the key terms, market trends, and recent developments in these areas. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Experience
Prepare to discuss your previous experience with physical inventory management and supply chain optimisation. Be ready to provide specific examples of how you've successfully managed logistics in a fast-paced environment. This will demonstrate your ability to handle the responsibilities of the role.
✨Emphasise Team Collaboration
Since this role involves working closely with various teams, be prepared to talk about your experience collaborating across departments. Highlight instances where you’ve effectively communicated with traders, salespeople, or other stakeholders to achieve common goals.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask thoughtful questions about the team dynamics, current challenges in logistics, or future projects. This shows that you’re not just interested in the job, but also in how you can contribute to the company’s success.