Trading Analyst

Overview

Job title:

TRADING ANALYST —

Location:

London, UK — Job reference #: 32169 — Contract type:
Permanent — Language requirements:
Fluent in English

At Eni
, we are looking for a Trading Analyst to join Eni Trade & Biofuels (ETB) in London
, UK. As a member of the Product Trading team, you will be responsible for providing assistance to traders and managers, preparing reports, conducting research and performing calculations. You will also be expected to handle various ad hoc requests assigned by the team or your line manager, contributing to the smooth and efficient operation of trading activities.

About Eni Trade & Biofuels

ETB is at the cutting edge of sustainability and innovation in the global energy market. As a dynamic force within the Eni group, which is a leader in the energy transition, at ETB we are rapidly establishing ourselves as a key player in the new energy landscape. When you join ETB, you become part of Eni – a leading global energy company with over 32,000 employees in 61 countries.

Eni is at the forefront of the energy industry, specializing in exploration, production, transport, marketing and trading of oil, natural gas and biofuels. ETB is the crude oil, refined oil products and biofuels trading and shipping company of Eni. We are a diverse and dynamic team of around 300 professionals distributed in three offices (Rome, London and Singapore) with the addition in Houston of Eni Trading & Shipping Inc.

(ETS Inc) which handles marketing of oils and petroleum products for the US market. Our team is also involved in marketing Eni’s oil equity productions, sourcing hydrocarbons and bio feed stocks, and managing the output of our traditional and green refineries.

Main responsibilities
:

Provide support to traders:

• Analyse market data to support the development and execution of trades. Ensure exposure positions and P&L reports are accurate.
• Ensure physical transactions are booked accurately.
• Ensure correct booking of derivatives transactions.
• Set up, maintain, and improve a cargo tracking system (vessels’ B/L, destination, WS rate).
• Liaise with Middle Office for P&L, exposure and pricing reconciliation.
• Identify problems, break them down into components, and devise effective solutions.

Prepare various reports, spreadsheets, and research projects:

• Conduct market analysis (supply and demand, global crack spreads, margins).
• Deliver weekly internal presentations on P&L, physical and paper activity.
• Update daily Excel sheets reflecting market structure and movements.
• Perform arbitrage and crack spread calculations.
• Track refinery turnarounds.
• Monitor and report on shipping cargoes.

Additional responsibilities may include:

• Risk management and market monitoring.
• Liaising with the Shipping Department, Operations, Contracts and other Trading desks, including overseas offices in Houston and Singapore, as instructed by traders.
• Interacting with counter parties (including Eni Group divisions) as instructed by traders.

Skills and experience required
:

• University degree in a quantitative discipline (Engineering, Mathematics, Statistics, Physics or IT) or in Economics/Finance.
• Relevant experience in the trading business.
• Advanced knowledge of Excel/VBA; knowledge of SQL and Python is an advantage.
• Strong attention to accuracy in data analysis and reporting.
• Ability to evaluate information objectively and make reasoned judgements.
• Proven ability to prioritise tasks and meet deadlines in a fast-paced environment.
• Capacity to develop skills such as strategic thinking, decisiveness and risk awareness.
• Flexibility to operate in a challenging and ever-changing environment.
• Well-organised with strong attention to detail.
• Results-oriented approach with the ability to work under pressure and to tight deadlines.
• Self-motivated, proactive, responsible and reliable.
• Excellent communication and strong interpersonal skills.
• Demonstrated drive, innovation, and a genuine interest in energy and trading.
• Strong team player with a positive attitude.

Why ETB?

• Impactful Work
  :
  Join a team that plays a crucial role in Eni’s Net Zero 2050 strategy, benefiting from Eni’s strong trading position and global integration.
• Collaborative Culture
  :
  Experience a…