Rio Tinto - Analyst - risk measurement external posting full time 2 - Deadline : January 19th

About Rio Tinto

Rio Tinto is a leading international mining group, combining Rio Tinto plc, a London listed public company headquartered in the UK, and Rio Tinto Limited, which is listed on the Australian Stock Exchange, with executive offices in Melbourne.  The two companies are joined in a dual listed companies (DLC) structure as a single economic entity, called the Rio Tinto Group.

The Group finds, mines, and processes the earth's mineral resources - metals and minerals essential for making thousands of everyday products that meet society's needs and contribute to improved living standards.

To deliver superior returns to shareholders over time, Rio Tinto takes a long term and responsible approach to the Group's business. This means concentrating on the development of first class orebodies into large, long life and efficient operations, capable of sustaining competitive advantage through business cycles.

The Group's major products include aluminium, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Its activities span the world but are strongly represented in Australia and North America. There are also significant businesses in South America, Asia, Europe and southern Africa.

Wherever Rio Tinto operates, health and safety is the first priority. Group businesses also put sustainable development at the heart of their operations. They work as closely as possible with host countries and communities, respecting their laws and customs. For Rio Tinto it is important that the environmental effects of its activities are kept to a minimum and that local communities benefit as much as possible from operations.

About Rio Tinto Treasury

Rio Tinto Treasury is a global and centralised support and service function, acting as central banker to the Group.  Treasury’s primary responsibility is to ensure permanent access to capital to support all strategic and operating activities at the lowest cost of capital.  Treasury is organised into 4 functional teams – Risk Financing, Corporate Finance, Operations and the new Risk Management team.  Treasury has a physical presence predominantly in London, Melbourne and Montreal. The Global Head of Treasury reports to the Group CFO.

Treasury

• determines the Group’s target capital structure that will ensure optimal financial flexibility at competitive after tax cost of capital
• arranges external and internal financings – debt and equity; public vs private; structured vs plain-vanilla, 100% owned vs JV’s. 
• measures and manages financial risk (FX, IR, counterparty, commodity, …) in support of the overall corporate objectives
• manages the Group’s liquidity by pooling cash and repatriating distributable reserves
• manages the Group’s strategic bank group as the overall custodian of the Group’s bank relationships and relationship[ with credit agencies.

In Risk Financing, Treasury seeks to reduce uncertainty of unexpected financial loss by avoidance, reduction and control of risks as well as transfer of risk to 3rd party providers

Analyst, Risk Measurement Role

Rio Tinto is offering a full-time Analyst role, Risk Measurement in Rio Tinto treasury. The Analyst, Risk Measurement will report directly to the Director of Risk Management. He will be responsible for supporting the design and development of the Group’s overall financial risk measurement architecture, and managing the risk measurement function.

Specific accountabilities of the Analyst, Risk Measurement include:

Key attributes of the successful candidate:

-       Keen interest in the metals and mining industry

-       Intellectual curiosity, with very strong analytical skills, knowledge of financial instruments/markets and general business acumen, sees the big picture and asks the right questions

-       Excellent  knowledge in financial mathematics, statistics (stochastic calculus, financial time series analysis, models calibration and testing techniques)

-       Advanced financial modelling (Excel, Matlab, Crystal Ball, @Risk) and programming skills (Fortran, C++, VB)

-       Ability to work collaboratively across functions and at all levels of seniority within the organizations; exerting indirect influence and working through others

-       Some experience in project management and good execution skills

-       Excellent communication and presentation skills; concise and clear report writing

-       General understanding of accounting standards and tax concepts an asset

-       Good knowledge of Bloomberg an asset

-       Fluency in more than one language an asset

Please note that this role is subject to Rio Tinto's Pre-employment Screening Standard and will require your consent for Criminal Record and Credit checks.

Interested applicants are invited to submit resumes to Rosemary Goater rosemary.goater@edhec.edu