What are the responsibilities and job description for the Principal, Evaluation Modeling position at Newmont Mining?
Workplace Type: Remote
Posting End Date: March 19 2025
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America& Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
Your Impact
Lead and drive enterprise and asset-level modeling, financial evaluations, scenario analysis, and risk/uncertainty modeling to inform and drive Asset Strategy scenarios and key value drivers.
As part of our team, you will
The salary range offered for this role is USD $146,250 - 204,750. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.
This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.
Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.
When submitting your resume or CV or any other application materials (including school transcripts, proof of graduation, etc.) to Newmont, it's important to focus on your relevant skills, experience, and qualifications to show how well you fit the role. Pursuant to Colorado law, you may choose to remove or redact any age-identifying information (for example, age, date of birth, dates of school attendance, dates of school graduation, etc.). You will not be penalized for redacting or removing this information. Newmont is an equal employment opportunity employer, and does not make hiring decisions based on age or any other protected characteristics (e.g., gender, sexual orientation, disability, race, national origin, religion).
Please note that if you are offered a position, the company may need to verify your date of birth for preemployment screening purposes including background check and prohibited party screening. But age-related information is not required for the application process.
Posting End Date: March 19 2025
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America& Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
Your Impact
Lead and drive enterprise and asset-level modeling, financial evaluations, scenario analysis, and risk/uncertainty modeling to inform and drive Asset Strategy scenarios and key value drivers.
As part of our team, you will
- Develop, maintain, and enhance Asset-level and Enterprise models to ensure veracity and consistency in modeling approach.
- Oversee the financial assessment of portfolio strategies, analyzing financial data at the site level and on a portfolio-wide scale. Assess financial choices across enterprise, functional, and operational levels.
- Develop enterprise, functional, and operational scenarios that meet financial targets.
- Lead Asset, Project Options Analysis
- Devise approach and direct risk modeling at both the asset and enterprise levels understanding and modeling implications not only on finances but also on social, environmental, and commercial aspects as well.
- Investigate impact of results of Asset Impairment Analysis and generate potential consequences
- Maintain governance and direct application of asset evaluation work in studies, projects, corporate development, and sites
- Professional designation: Finance/Business-highly preferrable; Engineering a bonus.
- Preferred experience in mining industry.
- Experience in deep analytics, data interrogation and scenarios
- Broad understanding across operations, planning, capital projects, sustainability, finance, and risk
- Familiarity and experience with due diligence to support M activities
- Understand interdependencies and risk/opportunity characterization related to portfolio development.
- Advanced proficiency and broad experience in Evaluation Modeling architecture, development, optimization and utilization.
- Experience with large data set manipulation and management Advanced proficiency in completing broad tasks that impact many parts of the business and managing time constraints, competing priorities and tradeoffs.
- Experience and aptitude modeling risk and uncertainty to complement financial and physical parameters.
- Strong understanding of project management, advancing projects ranging from new discoveries to feasibility and execution of multiple large -scale projects, including ability to shift focus and reprioritize.
- Strong competency in commercial skills: budgets, forecasting, planning, analysis, reporting and communicating results.
- The position is open to qualified candidates located near our corporate headquarters, regional offices, or any of our site locations.
- Collaboration and interaction are expected with teams across the global, regional, and site organization as well as across other service and operational areas of Newmont across multiple time zones.
- Travel 10%
The salary range offered for this role is USD $146,250 - 204,750. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.
This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.
Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.
When submitting your resume or CV or any other application materials (including school transcripts, proof of graduation, etc.) to Newmont, it's important to focus on your relevant skills, experience, and qualifications to show how well you fit the role. Pursuant to Colorado law, you may choose to remove or redact any age-identifying information (for example, age, date of birth, dates of school attendance, dates of school graduation, etc.). You will not be penalized for redacting or removing this information. Newmont is an equal employment opportunity employer, and does not make hiring decisions based on age or any other protected characteristics (e.g., gender, sexual orientation, disability, race, national origin, religion).
Please note that if you are offered a position, the company may need to verify your date of birth for preemployment screening purposes including background check and prohibited party screening. But age-related information is not required for the application process.
Salary : $146,250 - $204,750
