Trading Analytics

· Maximise the value of our products and assets through physical & financial trading

· Opportunity to work with key stakeholders in our global commercial hub

· Based in Singapore

About the role

The Trading Analyst will work within a trading team to provide market analysis & support a variety of trading objectives: identification of trading opportunities through advanced market based analytics. A combination of fundamental, quantitative and data techniques will be required, with a focus on developing and maintaining a competitive edge over other market participants.

Responsibilities

§ Support the activities of physical and financial traders through creating competitive edge in market analysis and prediction:

o Facilitate or increase trading profits through a combination of fundamental analysis and advanced data science techniques

o Create prediction models for market prices or key drivers such as supply or demand

o Develop trading analytics tools to ensure traders can access and visualise model output efficiently

o Work on both deterministic and stochastic approaches to price prediction

o Ensure that the company is abreast of the latest developments in analytical approach and techniques

§ Work with digital team as required to ensure data capture/architecture/retrieval are developed to support this activity; work with data scientists as required to develop modelling or analytics tools

§ Build a close collaboration with the Commercial Market Analysis team to leverage on their work and avoid duplication of effort

§ Monitor market developments (both short and long term) to ensure that analytics approach remains effective

About you

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

§ At least 5 years of experience of market analysis within a commercially driven commodity participant (e.g. merchant trader, industrial player or financial institution)

§ A degree in an analytical discipline; and ideally computer science at graduate or postgraduate level

§ A strong understanding of commodity markets and of working with traders; ideally a exposure to trading strategies and management of risk

§ Excellent knowledge of the fundamental drivers of commodity prices, such as: short run marginal costs, long term cost of new capacity, logistics costs, value of quality differentials

§ Direct analytical expertise within sophisticated markets such as energy, metals or agricultural commodities

§ Ability to identify, gather & process the data necessary for modelling and data analytics

§ Deep understanding of programming and applied computer science; ability to work with data scientists and other data analytics professionals

§ Extensive experience of building fundamental supply/demand models and combining them with data science techniques such as machine learning

§ Good communication & presentational skills

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 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.

Building industry leading capabilities

We want to build the best commercial business in our industry, on the back of a team motivated by rewarding and meaningful work. An important step in that journey is expanding our Integrated Trading business, which will work closely with our existing sales teams to maximise the value of our products and assets through enhanced physical & financial trading, optimisation and hedging activities.

Application Deadline: 27th Nov 2020 COB Singapore time

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

"Rio Tinto reserves the right to remove job postings prior to the stated closing date, therefore, if you are interested in applying for this vacancy please submit your application as soon as possible."