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Operations Analyst (Metals Trading Operations)
Heraeus Medevio
New York, KSA
Full Time
Mid
3 weeks ago
SAPTrade ProcessingReconciliationLogistics CoordinationAnalytical SkillsCommunication
Free
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SAPTrade ProcessingReconciliation
About the Role
Heraeus Precious Metals seeks a detail-oriented Operations Analyst to support back-office metals trading operations. The role involves trade processing, shipping logistics, reconciliation, and compliance.
Key Skills for This Role
SAPTrade ProcessingReconciliationLogistics CoordinationAnalytical SkillsCommunication
Responsibilities
- Assist traders with day to day operations including trade processing using SAP
- Confirm trades and maintain accurate transaction records
- Maintain daily fixing, futures, and spot prices in internal systems
- Maintain monthly contracts in coordination with traders
- Arrange safe, secure, and timely physical shipments of high value metals
- Coordinate shipment schedules with suppliers and customers
- Advise traders on optimal shipment practices
- Communicate shipment statuses and arrival schedules to traders and customers
- Distribute weekly shipment alert reports
- Assist customers with shipments, confirmations, and payment inquiries
- Reconcile pool/lease accounts and confirmations with customers and affiliates
- Perform daily reconciliation of futures trades and positions
Requirements
- Bachelor's degree in Business, Finance, Supply Chain, or related field
- 2–4 years of experience in trade operations, trade support, or trade logistics (commodities or metals preferred)
- Experience with SAP or similar ERP systems
- Strong analytical and reconciliation skills
- Excellent communication and organizational abilities
- Ability to manage multiple priorities in a fast paced environment
- High attention to detail and accuracy
- Knowledge of futures trading and margin processes is preferred
- Familiarity with international shipping and customs procedures
Full Job Posting
About Heraeus
- Heraeus is a family owned global technology group with over 350 years of experience in precious metals processing.
- Heraeus Precious Metals is the world's leading provider of innovative products and services in precious metals trading and recycling.
Role Summary
- We are seeking a detail oriented and proactive Operations Analyst to support the back office operations of our metals trading group.
- This role is critical in ensuring accurate execution, documentation, and reconciliation of trading activities.
Trade & System Operations
- Assist traders with day to day operations, including trade processing using SAP.
- Confirm trades and maintain accurate transaction records.
- Maintain daily fixing, futures, and spot prices in internal systems.
- Maintain monthly contracts in coordination with traders.
Shipping & Logistics Coordination
- Arrange safe, secure, and timely physical shipments of high value metals.
- Coordinate shipment schedules with suppliers and customers.
- Advise traders on optimal shipment practices.
- Communicate shipment statuses and arrival schedules to traders and customers.
- Distribute weekly shipment alert reports.
Customer & Counterparty Support
- Assist customers with shipments, confirmations, and payment inquiries.
- Serve as a key liaison between internal teams and external/global stakeholders.
Reconciliation and Reporting
- Reconcile pool/lease accounts and confirmations with customers and affiliates.
- Create and manage pool account transfers.
- Perform daily reconciliation of futures trades and positions.
- Conduct monthly reconciliation of open and closed futures positions.
- Validate daily margin requirements with brokers.
Financial & Administrative Support
- Assist Supervisor with daily cash requirements.
- Review and approve vendor invoices.
- Maintain metal specifications and certificates of conformance in alignment with customer requirements.
Compliance & Risk Management
- Ensure compliance with insurance, customs, and regulatory requirements.
- Maintain and update customs reconciliation files.
- Understand and support customs clearance processes.
Your Profile
- Bachelor's degree in Business, Finance, Supply Chain, or related field.
- 2–4 years of experience in trade operations, trade support, or trade logistics (commodities or metals preferred).
- Experience with SAP or similar ERP systems.
- Strong analytical and reconciliation skills.
- Excellent communication and organizational abilities.
- Ability to manage multiple priorities in a fast paced environment.
- High attention to detail and accuracy.
- Experience in commodities trading, metals, or financial services is preferred.
- Knowledge of futures trading and margin processes is preferred.
- Familiarity with international shipping and customs procedures.
Why Join Us?
- Work in a dynamic global trading environment.
- Exposure to high value transactions and international markets.
- Opportunities for professional growth and advancement.
- Collaborative and performance driven culture.
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