Settlements Analyst

Energy Market Settlements | Brisbane, QLD   

• Join Rio Tinto Aluminium as we enter the Queensland energy market and help build an in-house capability at a scale rarely seen in Australia.

• Design the systems, processes and operating model from the ground up before playing a key role in leading the function as it transitions into business-as-usual operations.

• Brisbane-based opportunity with significant influence across Trading, Risk, Finance and Technology stakeholders.

We’re Finding Better Ways™ to provide materials the world needs, now and in the future. Our values – care, courage and curiosity – guide how we work and how we treat each other.

About the Role

This is a rare opportunity to help shape Rio Tinto's next chapter in Australia's energy market.

As Rio Tinto continues to build its in-house energy market capability, we are looking for an experienced Settlements Analyst to help establish and operate the systems, processes and controls that support our growing electricity and environmental product portfolio.

Working at the intersection of Energy Trading, Risk, Finance and Technology, you'll play a key role in building a new capability from the ground up, creating scalable and automated settlement processes that will support Rio Tinto's participation in Australian energy markets for years to come.

If you're motivated by the opportunity to help shape a new capability, solve complex challenges and leave a lasting legacy, this role offers the chance to make a visible impact on a strategically important business initiative.

Key responsibilities include

• Lead the design and implementation of Rio Tinto's in-house energy market settlements capability, including systems, processes, controls and reporting.
• Once implemented, manage all aspects of electricity and environmental product settlements  for PPAs, OTC and exchange-traded derivatives and market settlements with AEMO.
• Translate market rules, contracts and commercial requirements into accurate and scalable settlement processes.
• Partner with Trading, Risk, Finance, Treasury and Technology teams to support market operations and business growth.
• Drive automation, continuous improvement and operational excellence across the settlements function.
• Support forecasting, reconciliations, reporting and financial control activities.

About You

We’re looking for someone whose experience aligns with the key requirements below. You do not need to meet every “helpful for success” item to apply, if you bring relevant experience and are excited by the opportunity, we encourage you to submit an application.

Required for Success:

• Safety focus: A commitment to the safety of yourself and your team.

• Skills and Capabilities: Ability to design and establish energy market settlement processes, controls and operating frameworks within a complex commercial environment.

• Experience: Significant experience in energy settlements, trading operations, middle office or back-office functions within a generator, retailer, trader, market participant or large energy user.

• Qualifications: Relevant tertiary qualification or equivalent industry experience in energy markets, commerce, finance, economics, engineering or a related discipline.

• Systems: Experience with settlement, trading or ETRM platforms, advanced Excel, SQL and the analysis of large market and interval datasets.

Helpful for Success

• Experience with AEMO settlement processes, prudential requirements and National Electricity Market operations.

• Exposure to PPAs, electricity derivatives, environmental products or broader energy trading activities.

• Experience implementing or materially improving settlement systems, controls or operational processes.

• Ability to communicate complex settlement issues to technical, commercial and senior stakeholders.

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 & 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 & cultural leave) 

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

• Possible domestic relocation assistance  

Where You’ll Be Working

Rio Tinto is a global leader in aluminium, one of the world’s most widely used metals.  

Active in the sector for more than 110 years, today we operate large-scale, high-quality bauxite mines and alumina refineries and have the world’s most modern and competitive aluminium smelter portfolio.  

Our Pacific Operations sites are located along the east coast of Australia, at the tip of the Northern Territory and in New Zealand’s south. With more than 6,000 employees, we operate a full value chain approach—mining, refining and smelting. Our portfolio includes four bauxite mines, two refineries, four smelters and one power station, and is supported by technical experts located in our Brisbane hub, including a fully operational Operations Centre for our bauxite mines.  

#gts

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.

Respect and Inclusion

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.

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