Specialist - Laytime
Why explore
Outstanding career opportunity in a world class global organization
Working with a leading mining company and gain global exposure
Dynamic work culture and environment - Singapore
Based in Singapore, a global commercial hub for Rio Tinto
About the role
We are looking for a Specialist - Laytime to generate and negotiate for a settlement on laytime claims in accordance with the Charter Party and Sales Agreement terms.
In the Pilbara region of Western Australia, Rio Tinto operates the world's largest integrated portfolio of iron ore assets with industry-leading margins. Our premium product suite, including our flagship Pilbara blend, drives strong customer relationships and is supported by technical and commercial marketing expertise. The iron ore business continues to be the world's largest autonomous truck operator and a proud leader in automated mining technologies.
This role is a great opportunity for a successful individual to get detailed understanding of laytime requirements and influencing factors and promptly calculate laytime for external and internal stakeholders.
Reporting to the CS Marine Supervisor - Post Fixture, you will be responsible for:
Interpreting charter party contracts across different trade routes and within different pricing mechanisms with external and internal stakeholders.
Interpreting clauses within the charter parties, relating to actual events and negotiating favorable commercial outcomes for Rio Tinto.
Manage laytime calculation, negotiate and finalize commercial terms with ship owners, brokers and/or operators as and when needed.
Manage laytime communications within different geographical locations and environments.
Responsible for accurate and timely review, issuance of demurrage notices timely to avoid being time-barred, respond counter proposals of demurrage claims as per sales and/or purchase contracts as well as Charter Party clauses, negotiate in the best interest of the company and settlement of demurrage claims in the most effective manner.
Provide technical expertise and advice on contractual clauses in relation to laytime and demurrage and proposals for laytime and/or demurrage language realignment for better management of potential commercial risk.
Liaise with stakeholders and legal teams to negotiate and settle charter party disputes.
Provide laytime status reports on a regular basis.
Work with the Post Fixture Invoicing team to ensure timely closure of voyages in IMOS.
About you
To be successfully considered for this role, you will have:
University degree or equivalent qualifications.
Strong numeric, analytical and negotiation skills.
Min 3 years of experience in dry bulk laytime.
It will also be beneficial if you have:
Diploma in nautical studies or relevant commercial dry bulk operations experience.
Experience in SEDNA and IMOS.
What we offer
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 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 lifes reasons (vacation/annual, paid parental, sick leave)
Where you will be working
Rio Tinto Commercial puts the companys value over volume approach into practice, with the goal of maximizing the value of our physical flows to improve both our business and that of our customers. Headquartered in Singapore, and integrated with Rio Tintos 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 customers needs, and manage the trade-off between volumes, quality, cost and capital expenditure.
About us
As pioneers in mining and metals, we produce materials essential to human progress.
Our long history is filled with firsts. Weve developed some of the worlds largest and best quality mines and operations, and our people work in around 35 countries across six continents. Aluminium and copper, diamonds, gold and industrial minerals, iron ore, coal and uranium: our materials make up the world around us. Youll find them in smartphones, planes, cars, hospitals and throughout your home.
Creating an inclusive and diverse workforce
We are a diverse team of talented, enthusiastic individuals who foster a culture of inclusion. No matter how they may differ, our people share one thing in common. Its a belief that work is more rewarding when we are accepted and valued for our differences, not judged by them. We all have something to contribute, and its this contribution that makes for a great organization and fulfilling career.
Application Deadline: 18 September 2024 (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.
