Growth & Ventures – Principal Advisor (Venture Capital Fund)

Growth & Ventures – Principal Advisor (Venture Capital Fund)

• Be part of a group that is safety driven and values inclusion
• Join our global leading business offering outstanding personal development & global career opportunities
• Diverse & challenging projects
• Location – Singapore

About the role

Finding better ways to provide the materials the world needs.

We are looking for a Principal Advisor to join our Growth & Ventures team, under our Development & Technology BU.

Growth & Ventures combines our existing Venture Capital fund with a dedicated Growth team focused on technology-led Incubation and Scale-ups – we have a global mandate across all part of our business (and adjacent) to create new businesses for the group from the best ideas, whether from start-ups, universities or internal ideas

This is a great opportunity for a proactive and collaborative support both our venture capital fund and our new incubation and commercial scale-up activities.

We are an open, connected global team that includes some of the industry’s best and brightest minds. We offer competitive, performance-focused remuneration and a wide range of benefits to reward your contribution. With a global reach, the opportunities to develop and grow your career are broad and exciting.

Reporting to the Head of Growth & Ventures and working in a collaborative and exciting environment, you will:

• Challenge the status quo, think of new opportunities support our start-ups with a “founder first” approach
• Support the leads across both our Growth team, including incubation and commercial scale-up opportunities, as well as Ventures in making new investments
• Pro-actively create investment hypotheses for, scout and evaluate relevant opportunities from a variety of sources aligned to our strategy and focus areas
• Support the lifecycle of investment processes from helping form the hypothesis, scouting, evaluation and execution
• Support the incubation process from ideation to proof of concept, and thereafter ultimately to commercial scale-ups
• Manage and support financial modelling and write excellent (and brief) investment memos
• Support managing the overall VC portfolio, including active management of exposure across maturity, theme, risk, cash flow and other considerations to optimise its risk adjusted return
• Bring together and collaborate with Product Group, Functional and R&D stakeholders to leverage the capabilities and expertise relevant to each project
• Contribute to a team culture of inclusiveness and foster collaboration, and be a relentless supporter of risk-taking by “playing to win” vs. “playing not to lose”
• Communicate complicated ideas in a simple way (verbal, written, slides) to a variety of internal and external stakeholders and senior leaders

What you’ll bring

• A commitment to the safety of yourself and your team
• Degree in a commercial or technical discipline
• Strong strategic thinking, analytical, and problem-solving abilities
• Outstanding communication (written and oral) and interpersonal skills
• A minimum of 5-10 years of professional experience, with a proven track record in R&D, start-ups, incubation, venture capital or similar
• Strong understanding of valuing start-ups and venture capital investments, ideally in the context of heavy industry innovation

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 competitive salary package with annual cash incentive awards for eligible employees
• Career development & education assistance to further your ambitions
• Access top tier family-friendly health and medical programs and pension plan
• Wellbeing benefits
• Generous Rio Tinto employee share program
• Employee Assistance Program
• Ongoing individual wellbeing support for you and your family for personal and professional matter
• Leave for all of life’s reasons (vacation/annual, paid parental, sick leave)

About Rio Tinto

Development & Technology (D&T) is focused on excelling in development, accelerating growth and driving the development and delivery of technology to enable decarbonisation, safety, growth, ESG and productivity advances.

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.

Applications close on: 1^st Aug 2024

(Rio Tinto reserves the right to remove advertised roles prior to this 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.