Advisor - Market Risk (18-Months Contract)

Rio Tinto Singapore Holdings Pte Ltd; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Rio Tinto Singapore Holdings Pte Ltd is seeking an Advisor - Market Risk to operationalize the Market Risk Management Framework within our Commercial group. You will report daily on mark-to-market P&L and risk positions, and work with Sales, Digital and Finance to support risk-informed decision making.

You will perform data analytics, monitor limits, and participate in monthly risk reviews, driving improvements in reporting and risk insights for the trading book.

Qualifications

• Degree in Business, Finance, Mathematics, Economics, Engineering or equivalent.
• At least 3 years of relevant experience in physical commodity trading and risk management.
• Good understanding of Risk Reporting.
• Adaptable and quick to learn new skills.
• Strong interpersonal skills and a team player.
• Experience creating trading risk and performance analyses.

Responsibilities

• Report mark-to-market P&L and risk positions daily with Trading.
• Perform detailed data analytics to identify risk and P&L drivers.
• Monitor risk and position limits and raise breaches per framework.
• Engage with trading and risk teams on strategy and positions.
• Conduct monthly risk reviews for the book and explain performance.
• Support due diligence and implementation of new trades/activities.
• Initiate continuous improvement and automation in reporting.

Skills

Market risk

P&L reporting

Data analytics

Risk frameworks

Interpersonal skills

Team player

Education

Degree in Business/Finance/Math/Economics/Engineering

Job description

Why explore

• An opportunity to work on shaping and delivering the key strategic priorities for one of the world's largest companies in new and exciting areas
• Support our global commercial business in Singapore
• Based in Singapore, a global commercial hub for Rio Tinto

About the role

We're on the lookout for a Advisor - Market Risk as part of operationalizing and building out the Market Risk Management Framework for Rio Tinto Commercial. The role will work very closely with the Sales & Marketing, Digital and Finance teams.

Reporting to the Senior Manager Business Planning and Market Risk, you will:

• Work closely with Trading to report mark-to-market P&L and Risk positions on a daily basis.
• Perform detailed data analytics to identify and explain risks and P&L drivers.
• Monitor risk and position limits and raise any limit breach in accordance with Market Risk Framework.
• Active discussions with trading and risk teams around trading strategy and trading positions.
• Perform monthly risk review for the assigned book, to explain risk and performance based on trading book strategy.
• Support due diligence, review and implementation of new transactions and/or trading activities.
• Initiate continuous improvement and automation in the reporting process.

About you

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

• Degree in Business, Finance, Mathematics, Economics, Engineering or equivalent.
• At least 3 years of relevant experience in physical commodity trading and risk management.
• Good understanding of Risk Reporting.
• Demonstrated history of being able to adapt and acquire new skills.
• Good interpersonal skills and a team player.
• Contribute to the creation of trading risk and performance analysis and implement/operationalize this.