At a Glance
- Tasks: Support traders by analysing market data and preparing reports for trading activities.
- Company: Join Eni, a global leader in energy transition and sustainability.
- Benefits: Enjoy a competitive salary, flexible working options, and a comprehensive benefits package.
- Other info: Dynamic, multicultural team with rapid learning opportunities and a focus on work-life balance.
- Why this job: Make an impact on Eni's Net Zero 2050 strategy while growing your career.
- Qualifications: Degree in a quantitative field and prior experience in oil trading or analysis.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, UK
Contract type: Permanent
Language requirements: Fluent level of English
At Eni, we are looking for a Trading Analyst to join Eni Trade & Biofuels (ETB) in London, UK. As a member of the Products 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 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 and derivatives transactions are booked accurately.
- 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.
- 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 (e.g. Engineering, Mathematics, Statistics, Physics, Economics, Finance, or related).
- Prior experience in a role related to oil trading / analysis.
- Strong knowledge of oil products, LPG would be an advantage.
- Advanced knowledge of Excel/VBA; knowledge of SQL and Python would be an advantage.
- Results-oriented, proactive and responsible approach, able to work with a strong attention to detail in a fast-paced environment.
- Strong communication and interpersonal skills, a strong team player with a positive attitude.
- Demonstrated drive, innovation, and a genuine interest in energy and trading.
- Fluent level of English.
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.
Trading Analyst employer: Eni Plenitude
Eni is an exceptional employer, offering a dynamic and multicultural work environment in London that fosters collaboration and innovation. As a Trading Analyst at Eni Trade & Biofuels, you will have the opportunity to contribute to impactful projects aligned with Eni's Net Zero 2050 strategy while enjoying comprehensive benefits and career growth opportunities across international teams. With a strong emphasis on work-life balance and employee well-being, Eni is committed to nurturing talent and supporting your professional journey in the evolving energy landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand Eni's role in the energy transition and be ready to discuss how your skills align with their goals. Show them you're not just another candidate!
✨Tip Number 3
Practice your problem-solving skills! As a Trading Analyst, you'll need to analyse data and make quick decisions. Try mock interviews or case studies to sharpen your analytical thinking and demonstrate your expertise.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets seen. Plus, it shows you're serious about joining the team at Eni and contributing to their innovative projects.
We think you need these skills to ace Trading Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trading Analyst role. Highlight relevant experience, especially in oil trading or analysis, and showcase your skills in Excel, VBA, and any other tools mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about energy and trading. Share specific examples of how your background aligns with the responsibilities of the role and what you can bring to our team at Eni.
Showcase Your Analytical Skills:Since the role involves market analysis and reporting, include examples of past projects where you've successfully analysed data or conducted research. This will demonstrate your ability to support traders effectively.
Apply Through Our Website:Remember, applications are only accepted through our online system. Make sure to upload your CV in English and double-check everything before hitting that submit button!
How to prepare for a job interview at Eni Plenitude
✨Know Your Numbers
As a Trading Analyst, you'll be dealing with a lot of data. Brush up on your market analysis skills and be ready to discuss how you would analyse supply and demand or calculate crack spreads. Being able to demonstrate your quantitative skills will impress the interviewers.
✨Excel Like a Pro
Since advanced knowledge of Excel is crucial for this role, make sure you're comfortable with functions, pivot tables, and VBA. Prepare to showcase your skills during the interview, perhaps by discussing a project where you used Excel to solve a problem or improve a process.
✨Show Your Passion for Energy
Eni is looking for candidates who are genuinely interested in energy and trading. Be prepared to talk about recent trends in the energy market or innovations in sustainability. This shows that you’re not just looking for any job, but that you’re excited about contributing to Eni's mission.
✨Be a Team Player
The role involves liaising with various departments and working closely with traders. Highlight your communication skills and provide examples of how you've successfully collaborated in past roles. A positive attitude and teamwork are key traits that Eni values.