Global Banking & Markets Operations, Commodities, Gas & Power Logistics, Analyst/Associate Lond ...

Global Banking & Markets Operations, Commodities, Gas & Power Logistics, Analyst/Associate location_on London, Greater London, England, United Kingdom

CORPORATE TITLE: Associate

OFFICE LOCATION(S): London

JOB FUNCTION: Physical Delivery

DIVISION: Global Banking & Markets

YOUR IMPACT

We are looking for a professional and dynamic individual, preferably with a background in commodities and energy. The ideal candidate would have a keen eye for detail, with a key focus on becoming familiar with internal controls and processes used to manage the delivery risk, whilst able to multitask, work well under pressure and complete tasks before deadlines.

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

Gas and Power Logistics are responsible for managing all aspects of physical deliveries of Gas, Power and Emissions for the European Gas and Power business. The team partners very closely with the Trading business to assist them in managing any risks which arise from our physical gas and power trading. We also compile market intelligence and analysis for the Trading desk using our knowledge and understanding of the fundamentals of the European gas and power markets. Additionally, the team partners with Sales, Legal, Technology and other internal stakeholders to on-board new physical transactions, markets and products.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Managing all physical gas, power and emissions deliveries via internal systems, external vendors and external platforms.
• Assisting the European Gas and Power traders in gas & power auction bid submission and cross border capacity auctions.
• Manage interconnector nominations and physical flow of cross-border capacity.
• Providing Traders & Sales Teams with timely and accurate market results.
• Develop a detailed understanding of the Gas & Power Industry to enable the impact of any market structure changes to be understood and communicated to the Business and other internal stakeholders.
• Ensuring all market structure changes are managed internally to ensure continued participation in physical market and auction platforms.
• Partner with Technology to further increase automation and enhance systems and processes.

SKILLS & EXPERIENCE WE'RE LOOKING FOR

Basic Qualifications

• Experience and interest in working in the energy industry.
• Strong time management skills and ability to work well under pressure and with competing tasks.
• Technical & Analytical Focus with attention to detail.
• Ability to learn quickly in a fast-moving environment.
• Team oriented approach - openness and good communication skills within the team and the ability to work across functions inside and outside of Operations.
• Innovation, able to suggest & implement ideas to complement & develop new processes as they evolve with the business.
• Self-motivated to manage projects and seek opportunities to enhance business benefit.
• Focus on control issues, processes and procedures.
• A European language whilst not essential would be advantageous.

Preferred Qualifications

• Advanced Excel Skills preferred.
• Project Management.
• Strong understanding of Commodities.

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. Learn more about our culture, benefits, and people at

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.