Principal Advisor

Why explore

• An opportunity to work in a world-class organization
• Work closely with the business to build leading risk management structures and systems to support trading activities
• Provide market risk analysis for global trading strategies around our market-leading asset portfolio
• Based in Singapore, a global commercial hub for Rio Tinto, with accessibility and
• visibility to senior stakeholders

About the role

As part of its ongoing commercial strategy, Rio Tinto Commercial has established a trading division. The role of the trading division is to enhance our commercial abilities in an agile structure that will capture additional value from optionality in our physical assets and contract portfolio with effective management of market risks.

• Maximize the value of Rio Tinto's physical flows by placing our products optimally
• Optimize our portfolio and capture additional margin from the value chain
• Work with our assets to determine optimal products and volume to produce, sell, and deliver.

We are now recruiting for a Principal Advisor, Market Risk Analytics. Reporting to the Senior Manager Market Risk, you will be entrusted with the following responsibilities:

• Develop

Why explore

• An opportunity to work in a world-class organization
• Work closely with the business to build leading risk management structures and systems to support trading activities
• Provide market risk analysis for global trading strategies around our market-leading asset portfolio
• Based in Singapore, a global commercial hub for Rio Tinto, with accessibility and
• visibility to senior stakeholders

About the role

As part of its ongoing commercial strategy, Rio Tinto Commercial has established a trading division. The role of the trading division is to enhance our commercial abilities in an agile structure that will capture additional value from optionality in our physical assets and contract portfolio with effective management of market risks.

• Maximize the value of Rio Tinto's physical flows by placing our products optimally
• Optimize our portfolio and capture additional margin from the value chain
• Work with our assets to determine optimal products and volume to produce, sell, and deliver.

We are now recruiting for a Principal Advisor, Market Risk Analytics. Reporting to the Senior Manager Market Risk, you will be entrusted with the following responsibilities:

• Develop pricing and risk models for bespoke market risk systems, including the quantitative and qualitative aspects of market risk management, performance validation, and stress testing.
• Validate existing pricing and risk models for physical base metals, freight, iron ore, and associated derivatives.
• Develop pricing and risk models for bespoke market risk systems, including the quantitative and qualitative aspects of market risk management, performance validation, and stress testing.
• Work with trading market analysts and traders to develop forecasting models and back-test trading strategies while providing market price analysis in terms of commodity price changes and factors driving it.
• Design and generate daily reporting on market risk limits utilisation, and understand key risk drivers.
• Prepare ad-hoc trading initiatives analysis in terms of valuation, exposure, and associated market risks.
• Perform periodic (daily/weekly/monthly) risk reporting for stakeholders.
• Build up capability on quantitative analysis within the team.

About you

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

• Master's degree in a relevant discipline (e.g., finance, financial engineering, maths, statistics, etc.)
• At least 8 years of relevant experience in a market risk management environment with strong technical skills and/or model developer capacity.
• Proficient in Python and working with databases like SQL Server.
• Knowledge of Data Science techniques will be a plus.
• A commodities background is an advantage, but not essential.
• Good communication skills, ability to articulate technical concepts for the general audience, and drive discussions.
• Ability to meet deadlines and work in a fast-paced environment.

What we offer

• A work environment where safety is always the number one priority
• A full-time 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

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 customers' needs, and manage the trade-off between volumes, quality, cost, and capital expenditure.

Application Deadline: 29 August 2025 (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.

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