Principal Advisor Market Risk Analytics

• Opportunity to work in a world class organization
• Exposure to global operations, processes and stakeholders
• Work in a collaborative and fast paced environment

About the role

We are looking for a Principle Advisor Market Risk Analytics to work closely with the business to build leading risk management structures and systems to support commercial activities.

· Understand Market Risk Management concepts, models, instruments, and exposures (e.g. time spread, basis risk, non-linear products)

· Articulate and with an ability to document areas of market risk, limits, and weaknesses

· Develop Market Risk models

· Develop specs/procedures necessary to validate model parameters and performance.

· Develop an in house Trading system/solution by incorporating market risk models. This includes the quantitative and qualitative aspects of market risk management, performance validation and stress testing.

· Project mange the system implementation.

· Keep up to date with technical and industry developments in the field of risk model design, development, validation, stress testing, and general regulatory requirements.

· Ability to manage risk across global portfolio of commodities.

About you

To succeed in this role, you will have:

Qualifications and experience

• At least 8 years relevant experience in a market risk management environment with strong technical skills and/or model developer capacity.
• Masters (or Ph.D.) degree in Mathematics, Statistics, Physics, Engineering, Financial Engineering or Applied Finance
• Exposure to front office and trading positions
• Good understanding of financial instruments
• Exposure to physical commodities trading is an advantage
• Track record of strong stakeholder engagement

Other requirements:

• Advanced knowledge and coding abilities in Python and VBA
• Strong analytical skills
• Strong problem solving skills
• Entrepreneurial, can-do attitude and self-motivated
• Ability to talk proactively and influence trading strategies
• A team player who is also able to work independently and meet tight deadlines

Where you will be working

The Commercial group is focused on maximising the value of our products; growing value in the marketplace through partnership with the company's customers, suppliers, product groups and Group functions. Headquartered in Singapore, and integrated with Rio Tinto's assets, hubs, and offices globally, the Commercial group provides the commercial insights to drive value along the mine-to-market value chain. The Commercial group incorporates and utilises the knowledge and capabilities of our global Sales & Marketing, Procurement, and Marine & Logistics organisations, supported by the Market Analysis, Commercial Treasury and other functions, to ensure our approach to business is driven by a commercially-astute and innovative mind-set. The Commercial group came under the leadership of the newly appointed chief commercial officer on 1 January 2018.

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 then 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 fulfilling career.

Apply now if you want to work in an environment where we challenge you to drive positive change.

Please note, in order to be successfully considered for a role you must complete all pre-screening questions.