TRADING ANALYST (32098)

Job title: TRADING ANALYST
Location: London, UK
Job reference #: 32098
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, ETB is rapidly establishing itself 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 feedstocks, 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 counterparties (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 truly multicultural, supportive, and dynamic work environment.
• Career Growth: Rapid learning opportunities with potential for movement across teams and international roles.
• Work-Life Balance: Enjoy a balanced lifestyle with a comprehensive benefits package that may include health, well-being, and flexible working options.

How to apply:

• Applications are only accepted through our online application system.
• Please upload your CV in English.

About Eni

Eni is a global energy company operating in 61 Countries, with over 30,000 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni\’s goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni\’s areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy – a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.

Working at Eni

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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Job Info

• Job Identification 32098
• Job Category Front Office
• Locations Eni House, Ebury Bridge Road, 10, LONDRA, GB
• Job Function PORTFOLIO MANAGEMENT & TRADING