30166 - TRADING ANALYST At
Eni, we are looking for a
Trading Analyst at ETB in
London. You will be responsible for supporting traders and managers by reporting, researching, and calculations and working on any "ad hoc" requests assigned by the team /line manager.
About ETB Eni is one of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas with a market capitalisation of €66 billion and near €100bn turnover. It is not only a leading international upstream Company but also Europe's largest natural gas Company. In line with with Eni's overall strategy in respect of the global energy transition, starting from January 1, 2021, Eni Trade & Biofuels SpA (ETB), fully owned by Eni SpA, is the sole entity responsible for the international trading of crude oil, petroleum products, bio-fuels and related financial derivatives for the Eni group. In particular, ETB is responsible for marketing Eni's oil equity productions; sourcing hydrocarbon and bio feedstock; marketing the productions of its traditional and green refineries and of its petrochemical arm Versalis. ETB's activities further include the sourcing and management of maritime transportation and logistics services, and the provision of oil risk management services, for itself and on behalf of the whole Eni group, by trading commodity derivatives on the main regulated and over the counter markets. ETB's integration with the wider Eni businesses ensures a global and integrated approach that is further reinforced by Eni's relationships and broad portfolio of global assets. ETB is present in the UK, in Italy, in Singapore and through a subsidiary, in Houston - USA.
As a member of the trading department at ETB, you will be responsible for:
- Analysing market data to help develop and execute trades. Ensure exposure position and P&L reports are accurate;
- Ensuring physical transactions are booked accurately;
- Ensuring a correct booking of derivatives transactions;
- Setting up, maintaining and improving a cargo tracking system (vessels b/l, destination, WS rate.)
- Dealing with Middle Office for P&L, exposure and pricing reconciliation;
- Identifying problems, breaking them down into components, and devising effective solutions.
- Market analysis (supply and demand, global crack spreads, margins)
- Weekly internal presentation of P&L, physical and paper activity
- Daily update of Excel sheet, reflecting market structure and movements.
- Arb and Crack calculations
- Track refinery turnarounds.
- Shipping Cargoes Tracking
- Risk management and market monitoring.
- Dealing with the Shipping Department, Operations, Contracts and other Trading desks including Overseas offices in Houston and Singapore as instructed by traders.
- Interacting with Counterparties (including Eni Group divisions) as instructed by traders.
This is the opportunity for you if you have these skills and requirements:
- University Degree in Quantitative Studies (Engineering, Math, Statistics, Physics or IT) or Economics/Finance
- Relevant experience in the trading business
- Advanced knowledge of Excel/VBA. Knowledge of SQL and Python is a plus.
- Ensuring accuracy in data analysis and reporting
- Ability to evaluate information objectively and make reasoned judgments.
- Prioritizing tasks and meeting deadlines in a fast-paced environment
Location: London
Contract: Permanent
At Eni we believe in enterprising people, capable of making a difference and making their contribution with passion and innovation, to respond to the global challenges of the energy transition. For us, the skills and attitudes of each individual , continuous training , and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being, welfare and work life-balance.
Eni will evaluate applications considering plurality and diversity as sources of enrichment. If your application is assessed to be among those most in line with the required profile, you will be contacted to continue the selection process.
Whatever your ambition, at Eni you can find the tools to make it happen.
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