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Form of work
SalaryOperations 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 a strong interest and background in Physical Commodities & Base Metals Logistics. 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
Bulk Logistics is a high-value risk management team in Operations that is responsible for managing all physical aspects of our Commodities business. Working closely with the Business, Operations, and other departments, the Logistics team controls the physical risks associated with a variety of transactions. We are seeking a professional who is looking to collaborate with a variety of different departments in order to mitigate risks associated with the logistics chain for metals, oil and a number of other physical commodities transactions.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Daily Scheduling, Vessel vetting, transportation document review and general logistical support for the Physical Base Metals programme & cross product physical commodities Financing programme
- Onboarding, execution and ongoing support of structured financing physical transactions with learning opportunities across Metals, Oil, Gas, Uranium and other core physical commodities
- Interacting with traders, strategists, and structurers in addition to middle office, legal, compliance, credit, IT, tax, product control and documentation teams in order to work toward the shared goal of risk mitigation and business facilitation.
- Negotiation of freight and handling rates with vendors in existing and new jurisdictions.
- Partner with clients and vendors daily to provide the best possible service in managing our global physical delivery program
- Review all economic and logistical aspects of physical trades while gaining financial risk awareness
- Ensure contracts & confirmations accurately reflect terms agreed and identify discrepancies in legal documents & invoices
- Leverage quantitative skills to identify & suggest best possible optimization opportunities
- Participate in the ongoing development of the team processes and procedures in order to support this developing business
Preferred Qualifications
- Extensive knowledge and experience in Physical Base Metals logistics and/or Vessel Operations.
- Knowledge and understanding of commercial deal terms & title & key 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 to a wide array of people with varying product knowledge
- Strong understanding/interest in Physical Commodities Logistics & Vessel Operations
- Communication & Presentation skills
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. Learn more about our culture, benefits, and people at GS.com/careers.
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