Company: Eni
Skills: Energy / Commodity Trading
Experience: 5 + Years
Education: High School/Secondary
Location: London, United Kingdom


At Eni, we are looking for a TradeControl Analyst within EGEM in London. You will be responsible for performing daily validation activities, making sure all physical and financial energy transactions (initial focus on Oil Derivatives, subsequently moving into Natural Gas) are duly and timely captured and validated accordingly to the company procedures .

About EGEM

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 capitalisation of €33bn and has a €70bn turnover. It is not only a leading international upstream Company but also Europe's largest natural gas Company.

In January 2021, Eni integrated the Gas, LNG, Power & Emission related activities to form Eni Global Energy Markets. EGEM internationally trades Gas, LNG, Power & Emissions and Oil derivatives (mainly to hedge GLP Business contracts) while maintaining the full capabilities and trading activities of the former ETS GLP business. The integration of the trading activities into EGEM enables Eni to capture additional business opportunities in the market, EGEM will carry out physical and financial transactions on behalf of Eni Group and other activities related to management of the opportunity and flexibility of Eni's portfolio of assets. EGEM's headquarter office is in Milan, the company also has offices in London, Brussels and Singapore.

Eni has a substantial and growing LNG supply portfolio, with a global reach. The current 5.5Mtpa portfolio is expected to double in size over the next five years, with growth coming predominantly from Eni's own upstream assets.

As a member of the Trading Team at EGEM you will be responsible for:
  • Performing daily validation activities of relevant price information (spot/forward), making sure all relevant market data information is duly and timely validated accordingly to the company procedures.
  • Supporting the physical and financial transactions end of day process in the relevant ETRM systems guaranteeing the timely generation of Position and PNL reporting;
  • Performing checks on un-authorized trades and monitoring of mandates/limits (tenor/quantity/value etc.);
  • Performing daily market conformity controls to monitor both physical and financial transactions;
  • Ensuring compliance with all internal and external regulations;
  • Ensuring all internal & external audit requests/issues are promptly addressed;
  • Guaranteeing the necessary activity related to the month-end and quarter-end checks for physical and financial energy transactions (for both Oil Derivatives & Natural Gas)
  • Supporting automation efforts by driving greater use of systems within the Trade Control team, eliminating manual spread sheets and fully support the implementation of relevant controls directly into the trade capture systems;
  • Working with ICT to drive necessary developments;
  • Act as dedicated Middle Office interface with confirmation/contracts/operations Department;
  • Guaranteeing the appropriate level of support to Middle Office function for what concern New Products/Non Standard initiatives' approval;
  • Monitoring procedural compliance for the new Financial Regulations (EMIR/Dodd Frank/REMIT/MiFID II) on first level control execution (reporting, reconciliation);
  • Building good working relationship with internal (Front Office, Back Office, Market Risk, IT, Finance, Sox, Audit, Compliance etc.) and relevant external stakeholders (auditors, clearers, brokers etc.);
  • Acting as a back-up to cover other trade control members across Trade Control team;
  • Dealing with ad hoc requests/analysis.

This is the opportunity for you if you have these skills and requirements :
  • Relevant experience within a Product Control/Market Risk/Middle Office/Risk management environment in a commodity trading company;
  • Direct energy commodity market experience, knowledge of Oil Derivatives and Natural Gas physical & financial markets preferred;
  • Exposure to financial instruments related to energy products;
  • Knowledge of risk metrics and internal control systems applicable for physical and financial transactions;
  • Knowledge of control processes applicable in a trading / regulated environment;
  • Knowledge of exchanges (i.e. ICE, CME (NYMEX), EEX) and other trading platforms;
  • Knowledge of market venues, their practices and procedures especially in relation to product/trader set up and the systems interfaces between the exchange and the trading business.
  • Ability to build and nurture effective relationships internally and externally.
  • Knowledge of one or more ETRM systems would be an advantage (i.e. Open link Endur);
  • Strong and solid knowledge of Microsoft Office suite including excellent Excel and VBA skills.
  • Strong academic credentials with a numeracy-oriented specialization, preferably Finance or quantitative discipline.
  • Full command of English language (written and spoken). Knowledge of Italian would be beneficial



Contract type:


At Eni, people are the key to our success, which is why our values are focused on diversity, and lifelong learning.

Eni evaluates applications regardless of candidates' personal and cultural characteristics or orientations. If your application is among those most in line with the required profile, you will be contacted to continue the selection process .

Together we have greater energy.


Eni S.p.A.

Welcome to Eni – and your future with a dynamic global business that operates across the entire energy supply chain. Eni’s 30,000 employees can be found on virtually every continent. Throughout the 67 countries we operate in, we work on some of the most significant energy projects in the world.

Our activities span oil and natural gas exploration, field development and production, as well as the supply, trading and shipping of natural gas, LNG, electricity, fuels and chemical products.

We’ve grown dramatically since our beginnings in 1953, but we’ve stayed true to our roots in many ways. Today we may be one of the largest companies in Italy and among the world’s most successful oil and gas companies in exploration, but our culture remains genuinely people-focused. Our values of respect, integrity and sustainability guide every aspect of our operations.

As for the future, we’re adapting to rapidly shifting market conditions as we complete our transformation into a fully integrated oil and gas company. Through our strong commitment to digitalisation and decarbonisation, Eni will continue to create sustainable value within this changing energy landscape.

We’re not only one of the world’s most successful energy companies — we pride ourselves on being a dynamic and exciting place to work as well. If you join us, you’ll play a key role in shaping the energies of the future.

At Eni you’ll enjoy a progressive, inclusive and forward-thinking environment, and a wide range of benefits and rewards. We care about our people's growth, which is why we invest in talent and offer development pathways to give everyone the same opportunity to flourish with us.   

Reasons to join us

  • Take on exciting challenges: Eni's focus is on big and ambitious projects. You'll take on challenging but rewarding work to help us extract energy at depths never reached before.
  • A multicultural working environment: You’ll join a dynamic setting with cutting-edge facilities, the latest technology, and a rich and interesting mix of people from all backgrounds and specialisms.
  • Make a difference in the world: Our purpose extends further than supplying energy to power the world. Sustainable development and respect for the environment is at the heart of everything that we do.
  • Training and career growth: We provide training opportunities at the highest standard and encourage self-development, both in a personal capacity and a professional one.
  • Compensation and incentive programmes: We reward you for your commitment and success through our competitive compensation policy, which is bespoke to each location’s local regulations.
  • Pension programmes: Depending on your location, you could enrol in one of our contributory pension programmes.



ENI ranked in the Global Top 20 in the 2019 Rigzone Ideal Employer Rankings -  find out more here.