Manager- Energy Trading

Manager of Energy Trading

Where we’re all welcome 

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.

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 acknowledge that all people are different and believe that our differences are our strength. The diversity of skills, life experiences and perspectives within our team enhances our way of working and our ability to achieve success together.

About the role

As one of the world’s largest industrial users of energy, Rio Tinto has a unique challenge in the energy transition. Rio Tinto Energy & Climate (RTEC) is a new global team focused on prioritising and accelerating our decarbonisation efforts to deliver on our climate commitments while ensuring our business is well positioned for the future low-carbon economy. Led by the Chief Decarbonisation Officer, the Energy & Climate team works collaboratively across the business to drive delivery of the Group climate strategy and address our key sources of carbon emissions.

The Manager – Energy Trading  role will sit within RTEC Pacific Renewable Energy. The team covers RT assets in Tasmania, Queensland, New South Wales and New Zealand which represents nearly 50% of RT Group carbon emissions. The team is focused on developing new energy solutions to be delivered in these four locations, reducing scope 1 and 2 footprint, enabling future growth and protecting the cost position of existing assets. The energy solutions will be delivered in partnership and require a deep understanding of and relationships within the renewable energy industry and fit for purpose commercial agreements.

The position requires someone with extensive experience in the development and long term operations of an electricity trading capability. It is suited to someone who has worked as a physical/spot energy trader and managed teams of spot traders. The person will be initially responsible for developing Rio Tinto's spot market operations and trading capability including developing the strategy, risk and compliance documentation and metrics, people and resourcing capabilities, software and tools working with internal and external partners and service providers as needed.

Extensive engagement and collaboration across Rio Tinto’s business and service units will be required. Once the capability has been successfully stood up, the person will transition to an on-going operational role leading a team of front and middle office traders and quantitative analysts in developing real-time analysis and market interfaces to minimise energy cost and risk to Rio Tinto's energy intensive asset portfolio, including integration with site demand response capabilities.

Reporting to the GM Energy Development Pacific you will be :

• Developing Rio Tinto's energy trading and risk management strategy and operational capabilities

• Engaging with Internal and external stakeholders to ensure the strategy is supported within the battery limits of the business

• Ensuring compliance with applicable market rules and regulatory obligations

• Have strong ownership of the overall function and end to end delivery of the targeted business outcomes in partnership with the quantitative risk management capabilities

• Developing policies and procedures for the NEM

• Interface with the rest of the RTEC and RTA teams to ensure that market information is translated to long-term portfolio and investment strategy

• Developing tools and systems

• Ownership of Recruitment and management of a team

What you'll bring

• 10+ years trading experience in the National Electricity Market with experience in risk strategy evaluation and relationships with other market participants

• Experience in building spot trading capabilities will be highly regarded

• Independent and self directed with proven leadership experience and an ability to foster a collaborative environment

• Ability to stay informed about energy market trends and identify opportunities that arise

• Ability to develop, evaluate and assess software and tools for market trading

• Ability to develop and deliver clear strategies, effectively communicate key insights and recommendations

If you are excited about the role and think you have what it takes but your experience doesn't align 100% we still want to hear from you. 

We are committed to promoting diversity within Rio Tinto and as a special measure to we strongly encourage women to apply.

What we offer

• Be recognised for your contribution, your 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 permanent position working directly for Rio Tinto

• 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 and salary packaging options

• Career development and 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)

• Exclusive employee discounts (banking, accommodation, cars, retail and more)

Where you’ll be working

This role will be based in our Brisbane hub.

About Rio TintoRio 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 situations and meet opportunities.

Every Voice MattersAt 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.