Principal Advisor, Market Risk (Performance Analysis and Transformation) Why explore

• Be part of one of the world\'s largest mining, metals, and minerals group
• Build leading risk management structures and systems to support trading activities
• Be a part of a diverse and inclusive team.
• Partake in the transformation of the risk team
• Based in Singapore, global commercial hub for Rio Tinto

About Rio Tinto As the world\xe2\x80\x99s second largest metal and mining group, Rio Tinto is a global company with footprint in ~35 countries and 60 locations. It is a leading voice in the metals and minerals sector on ESG, Digital offers, strategic partnerships and marketing and thought leadership. The commercial strategy is primarily designed around customer centricity, shift from selling to solutions and in partnership with supply chain partners accelerate the journey towards de-carbonization, energy transition and green solution provider. About the role We are looking for a Principal Advisor, Market Risk (Performance Analysis and Transformation) as part of the efforts to build out the Market Risk Management Framework. The role will work very closely with the Risk team, Sales & Marketing, Digital and Finance teams. Reporting to the Management Analysis and Change Manager, you will:

• Support transformation efforts to establish certain middle office processes, policies, procedures and support the build out the market risk management framework for commercial.
• Using deep subject matter expert knowledge of MTM pnl, Commodities Exposure and VaR calculations, contribute strongly towards building new processes and systems for middle office.
• Perform centralised function of risk and reward analysis in the middle office.
• Deliver high quality analysis to management and coordinate associated inputs.
• Lead assigned new business analysis, integration, or small transformation projects where necessary.
• Be an integral part of a highly motivated team.

What you will need for the role To succeed in this role, you will have:

• Degree qualifications.
• 5 to 8 years of relevant experience, demonstrating in-depth experience and expertise in middle office and risk processes.
• Practical experience with process changes or systems projects in a middle office and risk environment, within a commodity trading business with physical and derivatives trading.
• Practical experience in applying basic programming skills.
• Aptitude for data analytics in reporting and analysis processes.
• Strong background in product control or risk management in a commodity trading business with physical and derivatives trading, with firm grasp of value drivers, trading contribution and associated risks.
• Business partnering skills.
• Strong bias for continuous improvement and learning.

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. 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: 24 March 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.