Principal - Asset Performance Risk

Join us as a Principal Asset Performance & Risk

CONTEXT

The purpose of the Marketing Business is to sustainably maximise cash flows from the marketing of Anglo American products and services. In support of this we have set ourselves a target to deliver a material uplift in value.

A critical focus within the business are our core commodities across Base Metals and Iron Ore. Being able to capture develop and execute to secure purchases of 3rd party products has been defined as one of the priorities to achieving our ambitions.

PURPOSE

To lead Sourcing and Origination (S&O) reviews and schedule an integrated investment/ risk assurance process to optimise value and reduce risk.

The role will provide clear pathways on helping the business to visualise and assess in particular technical risk and:

Ensure that all deals are assessed based on the following principles:

• Aligned with Marketing and Anglo American strategy
• Technical and ESG drivers throughout deal lifecycle
• Maximise returns on a riskadjusted basis with clear reference to reference to internal hurdle rates and trading desk demand requirements
• Developed in accordance with a consistent framework with clear technical/ financial criteria

Preparation of investment memos and papers and to provide an independent opinion on whether an investment proposition is ready to progress to the next stage and ensures high quality assurance assessments based on a combined technical commercial and financial evaluation of the investment proposal.

KEY TASKS

Leadership

• To lead the preparation and content aggregation for Sourcing & Origination reviews inclusive of long and short term capital proposals.
• Drive decision making and business tools to support the advancement of investment proposals
• Effectively share knowledge to support and drive continuous improvement in Marketing and provide coaching to Subject Matter Experts (SMEs) as appropriate

Execution and Target Delivery

• Prepare and schedule deal management in line with Sourcing & Origination guidelines and internal governance
• Provide and incorporate technical value drives and assessment from concept phase through to final due diligence.
• Early stage identification of potential technical key issues and stage gate resource deployment accordingly
• Scenario adjust risk assessment of deal returns linked to key technical milestones
• Lead drafting of Marketing Capital Memos and other relevant investment papers
• Responsible for resourcing of reviews with the appropriate Subject Matter Experts (SMEs) from across the business or externally according to review scope
• Collate and present SME reviewers reports (inclusive of findings key technical risks opportunities and recommendations)
• Engagement with and management of all stakeholder expectations throughout review (providing regular feedback as appropriate)
• Identify report and comment on key technical issues risks and opportunities for value add within area of expertise and impact thereof on the operation and/or project
• Ensure consistent and highquality assessments on an ongoing basis including stress testing opportunity economics and sensitivities through evaluation of realistic key drivers
• Support execution and scaling of the Sourcing & Origination strategy for all Commodities (and initiatives that may arise) including potential deals and alternatives to derisk syndicate and refinance existing exposures.
• Provide assurance with regards to the viability of investment proposals and make recommendations based on the techno economic evaluation of the proposal as to whether investment opportunity meets requirements to progress to the next stage
• Deliver high quality reviews of greenfield and brownfield projects globally across our core commodities (Iron Ore/ Base Metals) and support activity in the third party steelmaking coal book
• Ability to develop and vet financial models
• Support Marketing Head of Origination to develop strengthen and manage existing and new counterparty relationships (finance institutions insurance banks investment debt and private equity funds logistics providers etc) globally allowing for sustainable future pursuit of Origination related deals
• Provide support as required on Post Deal Management (PDM)

Organisation and Growth

• Institutionalise interaction with AA unique technical skills (i.e. technical corporate finance production corporate affairs)

Stakeholder Management

• Support Marketing Head of Origination to colead Commodity Marketing Teams (CMT) origination teams in providing technical pre and postsales support to counterparties
• Develop and maintain collaborative relationships with key internal stakeholders
• Work closely with commodity marketing teams and functions across Marketing business to identify new business opportunities and build valuable relationships

Risk and Governance

• Deliver in support of the Origination strategy in alignment with CMT Sourcing/ Origination strategy within Marketings defined risk and governance framework.
• Continuously improve the governance procedures that would ensure origination activities operate in a controlled risk environment.
• Coach others to embed a zerobreach culture.

Qualifications :

Knowledge

• In depth technical knowledge of one or more relevant technical disciplines (e.g. Mining Engineering Geosciences or Processing) as well as knowledge in one or two key functional areas across the Project Management life cycle (from studies through execution and into operations)
• Integrated investment assurance knowledge to optimise value and reduce risk within a global mining organisation
• Strong understanding and application of investment/ origination practices and approaches within the mining/ extractives industry
• Strong data modelling and presentation capabilities ability to confidently navigate and interrogate client data rooms.
• Strong knowledge of risk management within an investment assurance context
• Understanding of associated risks to mining/commodity financing transactions.
• Deal structures: Strong understanding of capital structures that minimise exposure to capex opex commodity prices and performance risk.
• Strong understanding of commodity industry participants global trade flows and financing structures.
• Origination Skills: Able to support the development of opportunities through deal structure and mitigating financial and technical risks to match the risk profile of the business.
• Understanding of general debt / equity structures (gearing) streaming and prepayment structures and royalties and how they are modelled and when can be prioritised over other each other
• Commercially minded innovative mindset and openness to new ideas.
• Understanding of theories and principles of international commodity marketing and sales.
• Modelling knowledge and skills ability to apply a number of financing strategies and sensitivity scenarios to negotiate the best possible deal structures and outcomes.
• Understands ESG criteria and their incorporation into investment decisionmaking for responsible investing at AA.

Additional Information :

Who We Are
We aim to lead the industry by pursuing ever safer ways of working demonstrating integrity and showing care and respect for people and the planet. That means we are constantly seeking new opportunities to mine and process our products sustainably using less water less energy and more precise extraction technologies. Our extraordinary teams work safely and collaboratively with the utmost consideration for local communities our customers and the world at large.

What We Offer
When you join Anglo American you can expect to enjoy a competitive salary and benefits package. But more than this youll find yourself in an environment where the opportunities for learning and growth are second to none. From technical training to leadership programmes we bring out the best in our people. There are plenty of opportunities to move onwards and upwards too. Were a large successful multinational company and were still growing all the time.

How We Are Committed To Your Safety
Nothing is more important to us than ensuring you return home safely after a days work. To make that happen we have the most rigorous safety standards in the industry. Not only that were also continually investing in new technologies that are helping to make mining safer.

Inclusion and Diversity
We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential.

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Remote Work :

No

Employment Type :

Fulltime