Advisor Trade Finance

Why explore

• A challenging position working in our World Class Commercial Operations

• An opportunity to develop your career within a global organisation

• Based in Singapore, a global commercial hub for Rio Tinto

About the role

We are looking for an Advisor Trade Finance to manage our trade finance activities. The role involves ensuring that the commercial services contract-to-cash process is secure and managed efficiently, directly helping maximize cash flow for the business.

Reporting to the Supervisor Trade Finance, you will:

• Execute the Letter of Credit (LC) process from the LC draft to LC Swift vetting to ensure clean LCs are available for shipments on a timely basis.

• Support LC document presentations via the accurate creation of financial documents in SAP.

• Liaise with banks to secure the best confirmation rates for confirmed LCs and to resolve LC discrepancies and bank fee issues.

• Monitor the prompt issuance of ATL (Authorization to Load) and accurate reporting of ATL/LC status to ports and the scheduling team.

• Enhance customer credit monitoring report for various BUs.

• Proactively identify business initiatives and automation improvements to enhance business value and experience for internal and external stakeholders.

• Perform data analysis and reporting activities in a timely and accurate manner.

• Provide support to junior team members to promote learning and business engagement.

• Conduct root cause analysis and implement preventive measures with a continuous improvement mindset.

• Act as a key point of contact to improve communication and processes between Commercial Services and various stakeholders such as Treasury, Credit, and Sales teams.

• Supports the execution of Trade Finance activities in a timely and accurate manner.

• Apply professional knowledge to adhere to documentation process and performance clauses (SLA’s) to ensure customer and contract obligations are fulfilled.

• Maintain up-to-date knowledge of changes in trade finance regulations and industry standards in collaboration with other functions (e.g., Treasury, Credit, etc.)

• Support the implementation of knowledge management systems to capture up-to-date process flows and Standard Operating Procedures.

• Contribute to and support our MERP transition and implementation.

About you

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

• Degree in relevant discipline (or equivalent experience).

• At least 5 years of commercial and/or finance experience in a large multinational with previous experience working with shipping agents and shipping documentation.

• Excellent verbal and written communication skills and ability to reach out and build collaborative stakeholder relationships across different levels.

• Strong experience and background in the Commodity Industry, preferably in bulk commodities.

• International trade documentation, Supply Chain, and Trade Finance knowledge are essential. Proficiency in Incoterms and UCP600.

• Ability to work well in a matrix environment and be a good team player.

• Strong analytical and problem-solving skills.

What we offer

• A work environment where safety is always the number one priority

• A full-time position working directly for Rio Tinto

• A competitive base salary reflective of your skills and experience, with an annual incentive program

• Comprehensive medical benefits, including health insurance for employees and immediate family

• Attractive share ownership plan

• Company provided insurance cover

• Career development & education assistance to further your technical or leadership ambitions

• Leave for all of life’s reasons (vacation/annual, paid parental, sick leave)

Where you will be working

Headquartered in Singapore, and integrated with Rio Tinto’s assets, hubs, and offices globally, our Commercial group works hand-in-hand with our product groups to ensure both the amount and types of products we produce meet our customer’s needs, and manage the trade-off between volumes, quality,cost and capital expenditure.

Application Deadline: 02 June 2025 (Rio Tinto reserves the right to remove job postings prior to the stated closing date)

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

Rio Tinto does not accept unsolicited CVs or candidate profiles from recruiters or employment agencies. Rio Tinto will not consider or agree to payment of any referral compensation or recruiter fee relating to unsolicited CVs or candidate profiles. Rio Tinto reserves the right to hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited CVs or candidate profiles, including those submitted to hiring managers, are deemed to be the property of Rio Tinto.”

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 situations and meet opportunities.

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.