Principal advisor

5 days ago Be among the first 25 applicants A pivotal role in driving our value optimization through 3rd Origination, improving the business connection between portside and iron ore business. An opportunity to work with key stakeholders in our global commercial hub. Based in Singapore, a global commercial hub for Rio Tinto. Why explore A pivotal role in driving our value optimization through 3rd Origination, improving the business connection between portside and iron ore business. An opportunity to work with key stakeholders in our global commercial hub. Based in Singapore, a global commercial hub for Rio Tinto. About The Role We are recruiting for a Principal Advisor - Origination & Projects to be the subject matter expertise on the development of trading strategies and support the execution of key value-capturing opportunities relating to how we trade (physical & derivative), structure (structuring, origination) and sell (product development and pricing) our products in alignment with our commercial strategy and risk management frameworks. Reporting to the Senior Manager Portside & Origination Book you will be entrusted with the following responsibilities: Origination The core of this role is physical trading, business development, and contracting. Focused on third-party products that (i) help manage instability in the quality/volume profile of the Iron ore value chain and (ii) generate physical trading opportunities. Drive and deliver high-grade iron ore origination, including creating short-term sourcing strategy, building and maintaining suppliers’ relationships, and developing, negotiating, and managing end-to-end iron ore contracts. Identify new opportunities to address strategic goals of the Business Unit including identifying new suppliers or projects, potential offtake opportunities, contractual and financing opportunities in existing or new contracts, with the appropriate risk-return assessment. Manage the high-grade book allocation planning, inventory, and risk exposure. Maintain knowledge, intel, and expertise in the high-grade iron ore market and leverage product knowledge to build synergies with our overall IO book. Work with Market Analysis and Competitor analysis to help maintain above-high-grade market intel. Supply and demand models, cost/availability, and quality profile of 3rd party products. Portside Integration Complementing the work of Senior Manager Portside & Origination Book to support the alignment of marketing strategies between Portside and IO Book, product strategy, and product placement. Project Management and Business Improvement Capable of leading complex projects across multiple teams to deliver commercial changes in business processes that foster continuous improvement. Strong cross-team collaboration skills to facilitate strategic objectives. About You To be successfully considered for this role, you will have: A recognized University degree. At least 5 years of progressive experience in the commercial commodities sector, across sales & marketing, supply chain and trading, and business improvements. Prior experience in the iron ore market or other commodities is preferred. Confident in challenging the status quo and experience in driving trade-off analysis, efficiencies, and effectiveness through business improvement. Project management knowledge. Ability to manage external and internal relationships and influence commercial outcomes including at a senior level. 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 an 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 Rio Tinto Commercial puts the company’s value over-volume approach into practice, with the goal of maximizing the value of our physical flows to improve both our business and that of our customers. 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. About Us As pioneers in mining and metals, we produce materials essential to human progress. Our long history is filled with firsts. We’ve developed some of the world’s 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’ll find them 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’s 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’s this contribution that makes for a great organization and a fulfilling career. Application Deadline 04 December 2024 (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. Every Voice Matters At Rio Tinto, we particularly welcome and encourage applications from Indigenous Peoples, women, the LGBTQIA+ 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. Seniority level Not Applicable Employment type Full-time Job function Consulting, Information Technology, and Sales Industries Mining and Oil and Gas Referrals increase your chances of interviewing at Rio Tinto by 2x. Get notified about new Principal Advisor jobs in Singapore . #J-18808-Ljbffr