Job Description

Manager, Front Office

Why explore

• An opportunity to work on shaping and delivering the key strategic priorities for one of the world\xe2\x80\x99s largest companies in new and exciting areas
• Engage and influence senior leaders and make a meaningful difference to people\xe2\x80\x99s lives today, and into the future
• To invest in a diverse long-term career. Be recognised for your contribution, thinking and hard work, and go home knowing you\xe2\x80\x99ve helped the world to progress.
• Based in Singapore, global commercial hub for Rio Tinto

About the role

We are looking for a Manager, Front Office to provide functional expertise and oversee the management of FX, Interest Rate risk, Investments, and intercompany funding through execution of trades and other supporting activities. This role is a great opportunity to join a solid team with notable contributions to the commercial outcomes of the business.

Reporting to the Director, Front Office, you will be handling:

Operational Excellence

• Provide expertise for execution of financial products (FX, interest rates, investments).
• Manage Group\xe2\x80\x99s daily foreign exchange requirements.
• Responsible for investing of Group\xe2\x80\x99s surplus cash in line with Group investment strategy and risk framework.
• Manage and ensure adherence to financial counterparty exposures.
• Manage intercompany loans and structures.
• Manage and ensure adherence to policies and procedures that impose an adequate level of control over Treasury Markets activities.
• Identify areas of improvement in operational processes along the principles of improving efficiency, effectiveness and controls.
• Evaluate and recommend banking products, services and platforms as appropriate.

Advisory and Analytical

• Recommend and implement improvements to Group investment strategy and risk frameworks.
• Provide proposals and drive strategy to business units with regards to management of financial risks (foreign exchange, interest rates, investment risk).
• Develop and implement financial risk management strategies for the Group, and business units.
• Drive trading bank service reviews, including review and negotiation of trading fees and rebate structures.
• Keep abreast with Financial Market events, regulatory changes, market product developments and pricings.
• Provide market intelligence and the insights needed to anticipate competitor actions with our client\xe2\x80\x99s impact.
• Support and provide knowledge expertise in ad-hoc projects/initiatives.

About you

To be successfully considered for this role, you will have:

• Bachelor\xe2\x80\x99s Degree in finance, accounting, CFA, CPA, MBA or certified Treasury Professional preferred.
• At least 7 years of relevant treasury or market facing role in financial institution/corporates.
• FRM, CFA or any other relevant industry title.
• Cash, investments, liquidity management experience.
• Proven relevant experience and analytical skills.
• Proven ability to present concepts and results clearly.
• A proven ability to further develop existing relationships with a wide range of internal and external stakeholders.
• Experience working in an international setting will be an advantage.
• Excellent IT skills including the use of MS Office and Power BI well-regarded.
• Advanced written and spoken English.

What we offer

• A work environment where safety is always the number one priority
• A permanent position working directly for Rio Tinto
• A competitive base salary reflective of your skills and experience with annual incentive program
• Comprehensive medical benefits including health insurance for employees and immediate family
• Attractive share ownership plan
• Company provided insurance cover
• Career development & education assistance to further your technical or leadership ambitions
• Leave for all of life\xe2\x80\x99s reasons (vacation/annual, paid parental, sick leave)

Where you will be working

Rio Tinto Commercial puts the company\xe2\x80\x99s value over volume approach into practice, with the goal of maximizing the value of our physical flows to improve both our business and that of our customers. Headquartered in Singapore, and integrated with Rio Tinto\xe2\x80\x99s assets, hubs, and offices globally, our Commercial group works hand-in-hand with our product groups to ensure both the amount and types of products we produce meet our customer\xe2\x80\x99s needs, and manage the trade-off between volumes, quality, cost and capital expenditure.

About us

As pioneers in mining and metals, we produce materials essential to human progress.

Our long history is filled with firsts. We\xe2\x80\x99ve developed some of the world\xe2\x80\x99s largest and best quality mines and operations, and our people work in around 35 countries across six continents. Aluminium and copper, diamonds, gold and industrial minerals, iron ore, coal and uranium: our materials make up the world around us. You\xe2\x80\x99ll find then in smartphones, planes, cars, hospitals and throughout your home.

Creating an inclusive and diverse workforce

We are a diverse team of talented, enthusiastic individuals who foster a culture of inclusion. No matter how they may differ, our people share one thing in common. It\xe2\x80\x99s a belief that work is more rewarding when we are accepted and valued for our differences, not judged by them. We all have something to contribute, and it\xe2\x80\x99s this contribution that makes for a great organization and fulfilling career.

Application Deadline: 09 August 2023 (Rio Tinto reserves the right to remove job postings prior to the stated closing date)

Please note, in order to be successfully considered for this role you must complete all pre-screening questions.

Rio Tinto does not accept unsolicited CVs or candidate profiles from recruiters or employment agencies. Rio Tinto will not consider or agree to payment of any referral compensation or recruiter fee relating to unsolicited CVs or candidate profiles. Rio Tinto reserves the right to hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited CVs or candidate profiles, including those submitted to hiring managers, are deemed to be the property of Rio Tinto.\xe2\x80\x9d

Rio Tinto