Treasury, Corporate Finance

About the role

Finding better ways to provide the materials the world needs.

We are looking for a Treasury Corporate Finance professional to lead on capital planning activities including financial modelling and associated interpretation and certain compliance matters.  The role holder will also have the opportunity to support corporate and joint venture debt funding initiatives globally. The role has interactions with a broad range of internal stakeholders including Controllers, Tax, Economics & Markets, Risk, Investor Relations and Company Secretarial.  External stakeholder interactions will include Credit Rating Agencies, Banks and Advisors.

Key accountabilities

• Maintain/develop/enhance financial model(s) to conduct financial analysis (e.g. cash flow and liquidity forecasts, credit rating metrics, scenario impact analysis) for various purposes including rating analysis, balance sheet capacity assessments, funding and the impact of ad hoc scenarios.
• Review and analyse the Group’s capital structure and capital allocation considering the Group’s strategy, investor/market expectations and risk profile.
• Participate in the execution of debt funding transactions at the corporate and JV level including capital market, revolving credit facility and acquisition finance transactions. 
• Prepare papers and presentations for the Board of Directors, Risk and Audit Committee and other relevant forums derived from the financial analysis performed.  
• Liaise with (and manage where appropriate) any internal and external supporting advisors or stakeholders involved with the above processes.
• Support in managing the rating agency relationships and associated requirements, including an understanding of their methodologies, reviewing reports and other rating matters.
• Manage the annual and ad hoc updates to the Group Treasury Policy, Standard and Procedure (which cover the management and governance over key financial risks) and provide advice on governance and compliance matters.
• Undertake certain routine reporting requirements and other treasury support matters.
• Support the London and broader funding team on projects and transactions.
• Undertake ad hoc projects and initiatives.

What you will need for this role

To succeed in this role you will be a highly motivated individual who can operate independently demonstrating initiative and curiosity.  You will have: 

• At least 5 years’ relevant experience with graduate level degree and post graduate qualification  and/or professional qualification (e.g. MBA, finance related Masters, ACA/CFA level 3/MCT/AMCT).
• Advanced financial modelling skills and accounting knowledge to work with the forecasting and group reporting teams to understand and model the impacts of group scenarios and financing transactions on the Group’s accounts. 
• An awareness of the macroeconomic outlook and implications for the wholesale funding markets. 
• Understanding of common financial instruments used by Corporates to fund their business.
• Strong analytical skills to identify and evaluate risks and opportunities relating to corporate finance activities.
• Excellent communication and presentation skills showing confidence and persuasiveness in dealing with senior management/external stakeholders.
• Strong project management skills.
• High standards on the values of team work, integrity, accountability, and performance.
• Strong interpersonal, influential and relationship building skills, strong capacity to work collaboratively and be part of a global and diverse team.

It will also be beneficial if you have:

• Experience with credit rating methodologies and relationships with rating agencies.
• Experience in international corporate treasury, financing in global capital markets and financial markets. 
• Data management skills to support the process of gathering, storing, managing, and maintaining Treasury’s data, reports and dashboards.  

What we offer

Be recognised for your contribution, you’re thinking and your hard work, and go home knowing you’ve helped the world progress.

• A work environment where safety is always the number one priority
• A competitive base salary reflective of your skills and experience with annual incentive program
• Comprehensive medical benefits including subsidised private health insurance for employees and immediate family
• Attractive share ownership plan
• Company provided insurance cover
• Extensive salary sacrifice & salary packaging options
• Career development & education assistance to further your technical or leadership ambitions
• Ongoing access to family-friendly health and medical wellbeing support
• Leave for all of life’s reasons (vacation/annual, paid parental, sick leave)

About Rio Tinto

Rio Tinto is a leading global mining and materials company. We operate in 35 countries where we produce iron ore, copper, aluminium, critical minerals and other materials needed for the global energy transition and for people, communities, and nations to thrive. We have been mining for 150 years and operate with knowledge built up across generations and continents. Our purpose is finding better ways to provide the materials the world needs – striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental, social and governance standards. But we can’t do it on our own, so we’re focused on creating partnerships to solve problems, create win-win and meet opportunities. 

Where you’ll be working

Group Treasury is the custodian of the Group’s balance sheet and liquidity. It is responsible for funding at the Group and Joint Venture level and associated risk management, liquidity management, pension funding and investments, securing insurance for the Group and risk. The role is London based but also has a presence in Singapore, Montreal and Brisbane.  

Group Treasury safeguards c.$10bn of cash investments and is responsible for $14bn of debt raised both at the corporate and joint venture level. The corporate level debt comprises $9bn of bonds raised across several markets. The joint venture debt largely comprises $3.8bn project finance for the Oyu Tolgoi mine in Mongolia. Other joint venture debt includes various debt facilities spanning South Africa, Brazil, Chile, Guinea and Oman. The company maintains an undrawn $7.5bn Revolving Credit Facility and is rated ‘A’/’A1’ by S&P and Moody’s. 

Rio Tinto’s global headquarters is situated in St. James’s Square, in the City of Westminster, London, on the edge of the West End, and is the site of the group’s original head office. Located over several floors, the office is truly a global hub for the business, and is the base for many members of the Executive Committee. As such, the grade II listed office reflects the vibrancy of the location, although it also overlooks the tranquillity of the only garden square in the district, and is a short walk from Green Park and Piccadilly underground stations.

​Every Voice Matters

At Rio Tinto, we particularly welcome and encourage applications from Aboriginal and Torres Strait Islander people, women, the LGBTI+ 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 now.

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

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