At a Glance
- Tasks: Manage logistics for Base Metals, Precious Metals, or Oil in a fast-paced environment.
- Company: Join Goldman Sachs, a leading global investment banking firm with a diverse culture.
- Benefits: Enjoy professional development, wellness programs, and a supportive work environment.
- Other info: Opportunity for career growth and to work on innovative projects in commodities.
- Why this job: Make an impact in risk management and logistics while collaborating with top professionals.
- Qualifications: Experience in logistics, strong organisational skills, and ability to manage competing priorities.
The predicted salary is between 60000 - 80000 £ per year.
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 3rd 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.
- Communication & Presentation skills.
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, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on diversity and inclusion, and the chance to work with some of the brightest minds in finance. With a commitment to client success and a culture that fosters growth, joining Goldman Sachs means being part of a prestigious firm that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goldman Sachs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Global Banking & Markets, Commodities, Base Metal, Precious Metal or Oil Logistics, Associate, London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
