Senior Portfolio Management Advisor

Rio Tinto

Job title:

Senior Portfolio Management Advisor

Company

Rio Tinto

Job description

Senior Portfolio Management Advisor

  • Rio Tinto is a leading global mining and metals company where safety comes first
  • Competitive Salary and Benefits with career advancement opportunities are offered
  • This is a permanent role based in Salt Lake City, Utah

About the role

Finding better ways to provide the materials the world needs.

We are looking for a Senior Portfolio Management Advisor to coordinate the planning and management of Kennecott’s Development and Sustaining Capex portfolios. This role is key to ensuring that the right projects are completed at the right time to enable the best business outcome for the Capex available to Kennecott for the given year. It also ensures that the multi-year portfolio is developed and matured in advance to allow successful delivery in the budgeted year.

The role promotes discipline and stability in the capital planning process, and is the key link between site gatekeepers, Asset Management, Operations, Risk, Finance, Projects & Engineering (P&E) delivery team, and cost control for the capital portfolios. The position is suited to an energetic, enthusiastic, and self-motivated individual who is seeking a challenging role within a leading organization. Reporting to the Portfolio Manager within the P&E Governance team, you will:

  • Assist in developing and maintaining a portfolio of capital projects, aligned with the company’s strategic objectives and financial goals.
  • Evaluate and manage new project approvals to the plan. Assist in balancing and prioritizing the plan to achieve company targets and business outcomes.
  • Ensure that projects that enter the plan have a suitable business case and justification prior to being admitted into the system.
  • Maintain project data in the portfolio management system.
  • Coordinate portfolio compilation, reconciliation, and preparation activities to support periodic portfolio management working group workshops.
  • Monitor and analyze portfolio performance data and KPIs; assist with portfolio dashboards and status reports, providing regular updates to senior management on portfolio performance, issues, and risks.
  • Participate in the development of the company’s capital planning process, including the identification and prioritization of potential capital projects.
  • Develop and maintain relationships with a large range of stakeholders to ensure that the portfolio is effective and accurately managed.
  • Assist and manage risk in the capital plan throughout the year to ensure that Capital targets are achieved and that the spend occurs on projects that best benefit the business.
  • Ensure alignment with Capital portfolio and zero based opex budgets through close relationships with Asset Management.
  • Assist the independent project review team with plan inputs and impacts.
  • Support asset owners with the project initiation process, including guidance on project charters.
  • Ensure that timely project capitalizations occur across the portfolio.

What you’ll bring

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

  • Bachelor’s degree in Engineering, Business Administration, related field or equivalent industry experience.
  • At least 3 years of experience in project and/or portfolio management with a focus on capital projects
  • Experience in the mining, oil & gas, construction, manufacturing, or energy industries.
  • Strong financial acumen, with experience in developing and managing project budgets, financial forecasts, and business cases.
  • Knowledge of risk management, project scheduling, capital accounting and stage-gate processes.
  • Excellent communication, stakeholder management, and cross-functional coordination skills, with the ability to work effectively with project teams, senior management, and influence.
  • Experience with SharePoint, Excel and Power BI analysis and reporting tools
  • Understanding of relevant legislation, Rio Tinto systems, governance frameworks, and assurance requirements.

It will also be beneficial if you have:

  • Certifications: Project Management Professional (PMP) certification or other relevant certifications are desirable, but not required.
  • Knowledge of ERP software (SAP).

What we offer

We are committed to providing our employees with a generous benefits package. Be recognized for your contribution, your thinking, your hard work, and go home knowing you’ve helped the world progress, we provide:

  • A safety-focused and inclusive working environment
  • Advantageous salary package with annual cash incentive awards (STIP) for eligible employees
  • Access to top-tier family-friendly health programs including medical, prescription drug, dental, vision, life insurance coverage, and various voluntary benefits.
  • Excellent retirement plan including up to 6% defined company contribution; Generous 401k matching program
  • Generous Rio Tinto employee share program, which allows you to purchase Rio Tinto Company shares.
  • Comprehensive leave policies which cover all moments that matter in life: PTO (paid time off), paid holidays, and paid bereavement leave.
  • A favorable child-caregiver leave program (Up to 100% salary top-up)
  • Discount programs for leisure purposes and access to Virgin Pulse with incentives supporting your wellbeing
  • Ongoing Employee Assistance Program (EAP) for you and your family; to help in addressing educational opportunities, addiction treatment, depression, stress, domestic issues, financial management, and legal concerns.
  • Our team and industry experts are here to support and work with you to explore your learning potential and career goals

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

Our Kennecott mine is a world-class, fully integrated copper mining operation, including a concentrator, smelter and refinery, located just outside Salt Lake City, Utah, in the United States. We produce copper, precious metals including gold and silver, molybdenum and sulfuric acid. Kennecott has been mining and processing minerals from the rich ore body of the Bingham Canyon Mine since 1903, and is one of the top producing mines in the world, comprising approximately 11 percent of U.S. annual copper production.

Every Voice Matters

At Rio Tinto, we particularly welcome and encourage applications from Indigenous Peoples, women, the LGBTQ+ community, mature workers, Veterans and active-duty armed forces, people with disabilities and people from different cultural backgrounds.

Equal Opportunity Employer M/F/D/V

Rio Tinto participates in E-Verify to confirm work authorization. Please visit for more information.

We are committed to an inclusive environment where people feel comfortable being 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.

Expected salary

Location

Salt Lake City, UT

Job date

Sat, 27 Jan 2024 23:18:07 GMT

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