Advisor - Market Risk (18-Months Fixed Term Contract)

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

Benefits offered by this job

Competitive salary package

Annual cash incentive awards

Career development assistance

Health and pension programs

Wellbeing benefits

Employee share program

Employee Assistance Program

Parental leave

Job summary

Rio Tinto is seeking an Advisor - Market Risk to operationalize the Market Risk Management Framework within our commercial hub in Singapore. You’ll work closely with Trading, Sales & Marketing, Digital and Finance to report P&L and risk drivers.

The role requires a degree in Business/Finance/Mathematics/Economics/Engineering and at least 3 years in physical commodity trading and risk management, with strong data analytics and risk reporting capabilities.

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.
• Demonstrated history of being able to adapt and acquire new skills.
• Good interpersonal skills and a team player.
• Contribute to trading risk and performance analysis and implement/operationalize this.

Responsibilities

• 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.

Skills

Risk reporting

Trading risk analysis

Data analytics

Adaptability

Team player

Education

Degree in Business, Finance, Mathematics, Economics, Engineering or equivalent

Job description

• 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

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.

What We Offer

Be recognised for your contribution, your thinking and your hard work, and go home knowing you’ve helped the world progress.

• A work environment where safety is always the number one priority
• A competitive salary package with annual cash incentive awards for eligible employees
• Career development & education assistance to further your ambitions
• Access top tier family-friendly health and medical programs and pension plan
• Wellbeing benefits
• Generous Rio Tinto employee share program
• Employee Assistance Program
• Ongoing individual wellbeing support for you and your family for personal and professional matter
• Leave for all of life’s reasons (vacation/annual, paid parental, sick leave)

Where you will be working

Our Commercial function at Rio Tinto connects our product groups, customers and suppliers from mine to market. We bring together Sales & Marketing and Trading (Sell), Global Procurement (Buy), and Marine & Logistics (Move) to buy, sell and move the materials the world needs, by partnering across the value chain to optimise outcomes for our customers and the Group. Headquartered in our global Commercial hub in Singapore, and with a strong presence in Chicago, Frankfurt, Antwerp and across Asia in Beijing, Shanghai, Tokyo and Seoul, we work as one team to deliver customer centric value, safely and sustainably.

Work at the heart of our global Commercial hub in Singapore, partnering cross-functionally across Buy, Sell and Move to shape strategy and deliver mine‑to‑market value around the world.

About Rio Tinto

Rio Tinto is a leading global mining and materials company. We operate in 35 countries where we produce iron ore, copper, aluminium, critical minerals, and other materials needed for the global energy transition and for people, communities, and nations to thrive.

We have been mining for 150 years and operate with knowledge built up across generations and continents. Our purpose is finding better ways to provide the materials the world needs – striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental, social and governance standards. But we can’t do it on our own, so we’re focused on creating partnerships to solve problems, create win‑win situations and meet opportunities.

Respect and Inclusion

At Rio Tinto, we particularly welcome and encourage applications from Indigenous Peoples, women, the LGBTQ+ community, mature workers, people with disabilities and people from different cultural backgrounds.

We are committed to an inclusive environment where people feel comfortable to be themselves. We want our people to feel that all voices are heard, all cultures respected and that a variety of perspectives are not only welcome – they are essential to our success. We treat each other fairly and with dignity regardless of race, gender, nationality, ethnic origin, religion, age, sexual orientation or anything else that makes us different.