Bullion Inventory & Vault Management Manager

Job Responsibilities:

• Oversee the overall management of the Bank's domestic and international precious metals inventory and vault network, including tracking inventory quantities, specifications, delivery eligibility, and availability status across all vaults.  

• Collaborate with trading teams to identify arbitrage opportunities and price differentials across markets and exchanges, while calculating comprehensive costs (transportation, insurance, financing, taxes, and delivery).  

• Coordinate precious metals withdrawal, transportation, customs clearance, warehousing, warrant conversion, and exchange deliveries to ensure timely settlement.  

• Maintain expertise in delivery rules, approved brands, and bar specifications of major precious metals markets (e.g., LBMA, COMEX, SGE, SHFE).  

• Monitor inventory concentration, goods in transit, and delivery risks; promptly resolve discrepancies, delays, or exceptions.  

Requirements:

• Bachelor’s degree or above in finance, economics, commodities, logistics, or related fields (preferred).  

• Minimum 3 years of experience in precious metals/physical commodities trading, inventory management, logistics, or exchange deliveries.  

• Familiarity with spot, futures, forwards, swaps, leasing, or EFP transactions for gold and other precious metals.  

• Knowledge of delivery mechanisms in key markets (LBMA, COMEX, SGE, SHFE) is a plus.

• Strong cross-market arbitrage analysis skills, with ability to evaluate pricing, financing, logistics, insurance, tax, and delivery costs holistically.  

• Market sensitivity, risk assessment, execution capability, and cross-departmental coordination skills.  

• Meticulous work ethic; ability to make swift decisions and drive execution under market volatility or urgent delivery scenarios.  

• Fluent in English and Chinese; prior experience in international banks, bullion dealers, trading firms, futures companies, or exchanges is preferred.