Senior Advisor - Global Commodities (Back-office Operations)

• Great opportunity to work for a pioneering organization at the forefront of mining.
• Join a global network and diverse team where people are encouraged to offer unique perspectives and build knowledge and connections.
• Permanent | Location: Gurgaon

About the role

We are looking for a Senior Advisor - Global Commodities (Back-office Operations) for supporting and managing the organization's Commodity operations.

This position is an excellent opportunity to join the regional team based in Delhi. This dynamic team is responsible to assist and managing the large transactional operations for Global Commodity Back Office operations and to have strategic alignment with Commercial / Group treasury teams and Business Units Controllers, FBPs and Group leadership and the wider finance and commercial organization.

Reporting line: SDL - AR, Banking , Treasury & GCBO

Scope: Your scope will include (but not limited to) below:

• Oversight of day-to-day operations with team management and supervision responsibilities
• Partnership with Technology and Commercial Services on implementation of new commodities platform and system enhancements
• Collaborate with Commercial Services to implement process or system improvements to reduce control gaps and mitigate risk
• Responsible for ensuring all daily and month end processes are completed accurately within timeframes
• Knowledge of ETRM & CTRM domain (must)
• Derivatives Process (OTC & Exchange Traded Derivatives), Collateral Management & Derivative Deal Confirmation & Settlement Process
• Strong knowledge of European market infrastructure regulation (EMIR), Monetary Authority of Singapore MAS regulatory reporting , The Depository Trust and Clearing Corporation (DTCC)
• Ensure procedures and documentation are updated and reviewed periodically
• Preparation of key performance metrics for reporting purposes
• Support and assist with internal and external audit requests
• Support testing and rollout of new products
• Provide coverage for daily operational processes in relation to trade checking, exchange margin reconciliation, confirmations, invoicing and settlement, regulatory reporting, funding
• Provide coverage for month end process in relation to rate fixing, journal entry posting, Blackline balance reconciliation and certification
• Perform all other related duties as assigned to meet the needs of the organization.

Technical Skills

• Working knowledge of SAP, Quantum, EMIR ,ZEMA & CTRMs will be an additional benefit
• Derivative accounting will be of an additional advantage
• Have prior experience with Commodities trade and risk management platforms
• Knowledge and understanding of Balance sheet reconciliations and Blackline tool

• Degree in Accountancy and qualifications from professional accounting bodies would be an added advantage
• Knowledge in relation to adherence of Commodity RACM controls & compliances and procedures and have fair understanding of SOX controls.

About you

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

• Good understanding of commodity products (futures, options, swaps), business and operational trade lifecycle knowledge
• Good communication and organizational skills, able to interact and work effectively across functional/locations
• Detail oriented with strong risk awareness and able to perform operational responsibilities to a consistently high standard
• Strives to lead a team of advisors and bring new thoughts and ideas to drive innovation
• Self-starter with a strong desire to drive process efficiency
• Ability to manage team efficiently
• Possess a good understanding of the inherent risks and demonstrate good discipline around control and escalation.
• Displays strong sense of responsibility and accountability
• Effective verbal and written communication skills.

About Rio Tinto

Every idea, every innovation, every little thing the world calls 'progress' begins with a first step, and someone willing to take it: explorers, inventors, entrepreneurs. Pioneers. For nearly 150 years, Rio Tinto has been a company of pioneers - generations of people spanning the globe, all with the grit and vision to produce materials essential to human progress.

Our iron ore has shaped skylines from Shanghai to Sydney. Our aluminium - the world's first to be certified 'responsible' - helps planes fly and makes cars lighter. Our copper helps wind turbines power cities and our boron helps feed the world, and explore the universe. Our diamonds help us celebrate the best parts of life.

Where you'll be working

The Rio Tinto office in Gurgaon (India) is one of our corporate hubs and houses service and support functions, as well as a portfolio of product groups including; Copper, Iron Ore, Diamonds, Minerals, Exploration, Safety Technical & projects and IA Strategy & Development.

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.

So if this sounds like you and the opportunity you are looking for, apply before 6th June, 2022.

Please note, in order to be successfully considered for this role you must complete all pre-screening questions. If you would like to know more about careers at Rio Tinto, you can like us on Facebook, follow us on Twitter or join us on LinkedIn