Company: Eni
Skills: Energy / Commodity Trading
Education: Bachelors/3-5 yr Degree
Location: London, England, United Kingdom


IRC223146 - TRADING ANALYST

At Eni, we are looking for a Trading Analyst within ETB in ETB offices at Eni House, Ebury Bridge Road, SW1, London . You will be responsible for contributing to the development and execution of the trading strategy of ETB-UK Branch (on the secondary and primary market) considering current and future requirements of Eni group.

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, biofuels and related financial derivatives for the Eni group.

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 portfolio management and trading at ETB you will be responsible for :

• Analyzing market data to help developing and executing trades.

• Ensuring exposure position and P&L reports are accurate.

• Ensuring physical transactions are entered accurately.

• Ensuring a correct entry of Derivatives transactions

• Setting up, maintain updated and improve a "cargo tracking" system (vessels b/l, destination, ws rate.)

• Dealing with Middle Office for P&L reconciliation.

• Marketing analysis (supply and demand, global crack spreads, margins).

• Internal reports on trading activity.

• Daily update of excel sheet, reflecting the Market Structure (time spreads).

• Arb and Crack calculations.

• Tracking refinery turnarounds.

• Risk management and market monitoring (learn basics).

• Dealing with Shipping Department, other Trading desks and Overseas offices in Houston and Singapore as instructed by traders.

• Dealing 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 a Quantitative Studies (Engineering, Math, Statistics, Physics, or IT)

• Strong mathematics and programming skills.

• Advanced knowledge of Microsoft Office.

• Strong quantitative and analytical skills.

• Understanding of trading concept.

• Good knowledge of English

Location:

ETB offices at Eni House, Ebury Bridge Road, SW1, London

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.

Energy for action takers

#LI-EIRL

Eni is an integrated energy company with more than 32,000 employees in 62 countries around the world.

 

In 2020, the company launched a new strategy which has accelerated ever since, to enable us to reach the target of zero net emissions by 2050 and to provide a variety of fully decarbonized products, combining environmental and financial sustainability, focusing on the technological leadership that has been built up over years of research and innovation.

 

Among the main levers on our path towards decarbonization are the merger of renewables, retail and e-mobility businesses into Plenitude and the recent incorporation of Eni Sustainable Mobility, the company into which bio-refining, biomethane, and the sale of mobility products and services have converged.

 

To speed up the transition, these levers were complemented by the listings of Vår Energi and Energy One and the establishment of Azule, a joint venture with BP in Angola.

 

In addition to these new business models, Eni's strategy is also based on synergy with stakeholders and the development of proprietary and breakthrough technologies to meet the challenge of decarbonization.

 

Eni aspires to contribute to the achievement of the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda, supporting a just energy transition that meets the challenge of climate change with concrete and economically sustainable solutions by promoting efficient and sustainable access to energy resources, for all.