Senior Analyst - Market Analysis

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

Benefits offered by this job

Safety-focused environment

Competitive salary

Annual incentive

Career development

Health and pension

Wellbeing benefits

Employee share plan

EAP

Generous leave

Job summary

Rio Tinto is seeking a Senior Market Analyst to join our Market Analysis team in Singapore. You will help shape our understanding of procurement, macroeconomic risks and commodity markets by building models used to deliver high-quality analysis and forecasts that support commercial decisions.

You will develop and maintain market insights across macroeconomics, supply and demand forecasts, and price forecasting, collaborating with global teams to drive value for Sales, Procurement and Logistics.

Qualifications

• University degree in a technical or commercial discipline.
• 3–5 years of relevant commodity-focused experience.
• Proven research or analysis experience.
• Strong data analysis and numerical interpretation.

Responsibilities

• Deepen understanding of procurement and commodity markets with models.
• Deliver insights to improve trading, forecasting and negotiations.
• Advise on benchmarks to support procurement strategies.
• Develop and maintain market research using external and internal data.
• Forecast industrial performance with transparent methodologies.
• Collaborate with Market Analysis teams for cross-commodity insights.

Skills

Data analysis

Critical thinking

Communication

Teamwork

Education

University degree (technical/commercial)

Tools

Excel

PowerPoint

Job description

Why explore

• An opportunity to work on a variety of complex projects and influence key decisions globally
• Work in a collaborative and fast paced environment
• Based in Singapore, a global commercial hub for Rio Tinto

About the role

We are looking for a Senior Market Analyst to join our Market Analysis team. In this role, you will help shape Rio Tinto’s understanding of procurement, macroeconomic risks and commodity markets by building and maintaining models used to deliver high-quality analysis, market intelligence and forecasts that support commercial decision-making.

The Market Analysis team sits within Rio Tinto’s Commercial Function and is responsible for generating short-to-medium-term market insights (up to 5 years). This incorporates macroeconomic analysis, supply and demand forecasts (including downstream sectors), trading support, and price forecasting. The team leverages on these insights and analysis to support Commercial decision-making and generate value across Sales & Marketing, Procurement and Marine & Logistics.

Reporting to the Senior Manager, Procurement, Marine & Logistics Market Analysis, you will:

• Deepen and broaden our understanding of procurement, marine and associated markets. This includes coal market trade flow analysis for dry-bulk freight market fundamentals.
• Deliver insights to the Procurement and Commercial Operations teams to improve commercial outcomes, e.g. trading and negotiation support, supplier and competitor intel, price forecasts, tools, models and scenarios.
• Advise on contractual benchmarks and market-based reference points to support procurement negotiation strategies and ensure alignment with prevailing market conditions.
• Develop and maintain regular research using our vast array of external research and internal datasets to draw market conclusions that will affect many parts of our business.
• Collect, synthesize, analyse and interpret information and data to forecast industrial performance; underpinned by a robust and transparent set of methodologies.
• Collaborate with other Market Analysis teams to coordinate price forecast updates, draw cross-commodity insights, and share best-practice.

About you

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

• University degree in either a technical or commercial discipline.
• 3-5 years of relevant experience within a commodity focused MNC.
• Demonstrable experience in a research or analysis focused role.
• Ability to critically analyse data, identify trends and key market drivers.
• High attention to detail and a proactive, curious approach to problem solving.
• Ability to synthesise quantitative and qualitative information into clear insights.
• Excellent communication skills, with the ability to convey complex concepts clearly.
• Advanced Excel and PowerPoint skills with experience in modelling and data analysis. Willingness to learn new tools and platforms to improve process flows.
• Good team-player who can work on independent projects and collaboratively as part of a global team.

It will also be beneficial if you have:

• Commodity market analysis experience at a producer, consumer, trader or consultant.
• Experience building and managing supply-demand models and forecasting tools.
• Demonstrated experience using AI tools and coding to automate data collection, processing and reporting workflows.

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.

Application Deadline: 2 October 2026 (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.

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.