Job Description

Senior Advisor, Credit
Why explore

• Challenging and dynamic position
• Exposure to various stakeholders including senior leadership in Commercial and Operations
• Based in Singapore, global commercial hub for Rio Tinto

About the role
We are looking for a Senior Advisor, Credit to join the Commercial Credit Risk team whose function is to offer insightful, proactive, timely and high-quality credit analysis and risk advice to facilitate sound business decisions, promote sustainable growth and protect the company\xe2\x80\x99s balance sheet.
This role is a great opportunity for an individual with a strong partnership mindset who understands the value of considering risk and uncertainty in business decision making and who loves and thrives in delivering strong commercial outcomes in close collaboration with different stakeholders from Sales & Marketing, CS&D, Operations, Logistics, Procurement, Finance, Legal and other functions.
Reporting to the Senior Manager, Credit Risk, you will:
Credit Risk Analysis and Portfolio Management

• Analyze qualitative and quantitative data on new/existing counterparties and risk profile of deal/structure in order to determine and recommend credit rating, credit limit, payment terms and credit solutions for the counterparty and the deal/structure.
• Responsible for management of counterparties under assigned portfolio including credit reviews, queries on potential deals/exposures, checks on limits availability, onboarding requests, credit blocks release and credit alerts.
• Management of counterparty relationship together with BU/PG (e.g., onboarding, non-payment/default and/or any credit related events).
• Provide credit mitigation guidance especially in areas of trade finance (e.g., Letter of credit, Cash against documents).
• Assess complex transactions in conjunction with BU/PG & functions with an aim to develop appropriate credit solutions and proper credit rights/terms in contracts.
• Responsible for liaising with other risk teams and functions (e.g., Legal, Finance) to implement credit management measures (e.g., security arrangements, payments terms, credit rights or triggers).

Credit Monitoring and Reporting

• Monitor assigned portfolio daily using available tools/resources/market intelligence and promptly highlight any adverse credit news within the portfolio and provide early risk alert of credit events.
• Maintain close communication with BU/PG to gain a deep understanding of portfolio, in particular risk factors for the respective industry and counterparties.
• Monitor BU/PG adherence to credit limits and report all credit control breaches.
• Prepare, review, and validate credit management reports including sales forecasts, credit exposure, AR aging and excess monitoring as needed by RT, credit insurers and banks
• Ensure all credit reviews are up-to-date and all supporting documents are filed.
• Ensure credit processes maintain consistency with relevant governance framework and documents and/or reporting process are in place.

Credit Risk Systems and Credit Risk Projects

• Utilization of various credit risk and accounting systems for credit risk management and administration (e.g., SAP, S&P CIQ).
• Lead and drive standardization and automation of credit related processes and continual improvements for the credit risk function.
• Initiate and participate in credit risks system enhancement and reporting needs (e.g., credit dashboard, excess reporting).
• Participate or lead in cross functional / BU / PG projects where required.

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

• University degree.
• 5 to 8 years of relevant work experience (gained as credit risk / financial analyst ) in a financial institution, commodity trading or metals & mining environment or audit firm.
• Strong portfolio, analytical and financial analysis skills with ability to communicate final credit decisions and recommendation, both in writing and verbally.
• Team player, mature and able to work independently with minimal supervision and very strong stakeholder management skills.
• Strong PC skills, Advanced Excel and working experience with SAP, S&P CIQ . Python programming and Power BI skill a plus.
• Working knowledge of Mandarin language will be beneficial.

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
The Commercial group is focused on maximising the value of our products, growing value in the marketplace through partnership with the company\xe2\x80\x99s customers, suppliers, product groups and Group functions. Headquartered in Singapore, and integrated with Rio Tinto\xe2\x80\x99s assets, hubs, and offices globally, Commercial\xe2\x80\x99s purpose is to provide the commercial insights to drive value along the mine-to-market value chain. Commercial incorporates and utilises the knowledge and capabilities of the global Sales & Marketing, Procurement, and Marine & Logistics organisations, supported by the Market Analysis, Commercial Treasury and other functions, to ensure our approach to business is driven by a commercially astute and innovative mind-set.
The Commercial group came under the leadership of the newly appointed Chief Commercial Officer on 1 January 2018.
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: 07 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.\xe2\x80\x9d

• Health insurance