Trading Analyst (Products)

IRC224840 – TRADING ANALYST (PRODUCTS)

At Eni, we are looking for a Trading Analyst within the ETB Products Trading team in London. You will support traders and managers by reporting research and calculations. You will also work 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. Eni has a market capitalization of €66 billion and has a near €100bn turnover. It is not only a leading international upstream Company but also Europe’s largest natural gas Company.

In keeping 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 and marketing the resulting 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 Products department at ETB, you will be responsible for:

• Market data analysis to help traders develop and execute trades.
• Accurate exposure position and P&L reports;
• 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;
• Preparing various reports, and research projects, such as 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 and shipping Cargoes Tracking

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.
• Proof of relevant experience in the trading business
• Proof of relevant experience with some of the Oil Products - LPG, Naphtha, Gasoline, Middle Distillates, Fuel Oil or Specialties.
• Advanced knowledge of Excel/VBA. Knowledge of SQL and Python is a plus.
• Ability to develop skills such as strategic thinking, decisiveness and risk awareness
• Flexibility to operate in challenging and ever changing environment.
• Well organised and good attention to detail.

Location:

London - Victoria

Contract type:

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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