Senior Advisor: Market Risk
- Based in Singapore, global commercial hub
- Support our market risk
- Working closely with commercial stakeholders
About the role
We are looking for a Senior Advisor: Market Risk as part of operationalising 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 Principal Advisor Market Risk Analytics
- Perform detailed data analytics to identify and explain risks and P&L drivers
- Create and report daily mark-to-market based P&L
- Support implementation of Risk Management Framework around VAR and Stress Test and other analysis applications
- Work closely with Trading & Sales and Finance teams to report and analyse performance, trading risk positions and Value at Risk on a daily/weekly basis
- Support due diligence, review and implementation on new transactions and/or trading activities
- Continuous improvement / streamlining of the reporting processes
- Active communication with the rest of Market Risk team in Singapore office
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 VAR methodologies and risk measurement
- Experience of programming/database languages in Python / VBA / SQL / R
- Good understanding of Product Control and Risk Reporting
- Good interpersonal skills and a team player
- Contribute to the creation of trading performance analysis and implement/ operationalise this.
- Be part of transformation efforts to establish certain middle office processes, including with trading, as well as policies, procedures and support the build out the market risk management framework for commercial.
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’s reasons (vacation/annual, paid parental, sick leave)
Where you will be working
Headquartered in Singapore, and integrated with Rio Tinto’s 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’s needs, and manage the trade-off between volumes, quality,cost and capital expenditure.