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Group Head, Asset Management, Global

Denver, CO, US
Closing date
Mar 16, 2024

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Work Term
Work Load
Full Time
Workplace Type: Hybrid - Remote/Onsite

Posting End Date: March 2, 2024

Founded in 1921 and publicly traded since 1925, Newmont ( ) is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company has approximately 24,000 employees and contractors, with the majority working at Newmont's core operations in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.

About this role

Newmont is currently recruiting for a Group Head, Asset Management. Reporting to the Chief Technology Officer, this individual will shape the strategy, integrated systems and frameworks for the asset life cycle, anticipating new and emerging technologies to optimize value.

Your role will consist of

* Shape the strategy, standards, benchmarks, and programmes to drive a transformational shift in Asset Management (equipment and fixed plant) performance.
* Leverage the Operating Support Networks (OSNs) to develop a strategy and program to evaluate and plan for new and emerging technologies that place greater emphasis on data, automated key processes and prescriptive analytics, modelling using AI or other systems including probability analysis.
* Establish common equipment management life-plans, asset and fleet strategies and tactics, and life cycle models.
* Develop strategic partnerships with suppliers and professional providers.
* Integrate strategy and programs with mining and plant modernisation strategy and performance targets to optimise value and plan for future changes.
* Identify improvement, value risks, and set benchmarks and direction for best practice and in equipment and plant reliability and maintenance.
* Establish performance assessment/governance and reporting processes.
* Develop methodologies and manage the review of operational assets; structured reviews to determine condition and structural health, risk-based inspections, compliance to plan, delivery and that value maximisation is identified and managed. Identify and respond to all risks that might impact successful delivery.
* Input into short-, medium-, and long-term plans by life cycle projections and budgeting for anticipated operating and capital requirements.

Operations Excellence
* Support operations deliver optimal value by developing solutions for underperforming assets.
* Develop program and process for optimal shutdown cycles to create value through the life cycle of assets.
Safety & Sustainability
* Integrate process for risk evaluation related to technologies and equipment with necessary control measures in place to eliminate or reduce safety risks.
* Drive safety and sustainability improvements through deployment of new systems and technologies.

Your role will consist of (continued)

* Develop team effectiveness by providing clear context, purpose and objectives and providing feedback and coaching on performance and career development.
* Engage inclusively, leaving everyone feeling valued and able to contribute to value creation.
* Develop functional knowledge and skills for current, near future roles and those anticipated roles given the changing nature of technologies and work.
Budgeting, forecasting, and reporting financial metrics
* Ensure appropriate cost estimations for development of capital, sustaining capital, and operating costs are estimated and monitor delivery.
* Oversee capital replacement profiles and future work and technological requirements.
* Refine replacement and procurement strategies to delivery risks and leverage opportunities for acceleration and/or cost savings.

Your training, skills and experience checklist

* B.Sc. in Engineering - Mechanical/Electrical
* Equipment life cycle processes, tools, and systems
* Future equipment technologies and IT systems
* Mining value chain
* Maintenance /work management systems
* Project management

Technical Skills

* Advanced level of proficiency in developing an integrated Asset Management approach across the asset life cycle
* Advanced level of proficiency in developing plans to optimize equipment and plant performance for each production profile and reducing risks.
* Advanced level of proficiency in developing benchmark performance targets and compliance systems and methodologies to measure improvement.
* Advanced level of proficiency in integrating asset availability and reliability into production planning

Other considerations

* Travel to domestic and international mine sites
* Must be legally able to work in a designated country.
* Proficiency in English

We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you!

The salary range offered for this role is USD $280,160 - $332,690. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate's salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.

This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company's performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.

Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont's sole discretion.

Nearest Major Market: Denver

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