Overview
Market Risk Analyst (Analytics) at Eni Spa in London, UK. This is a full-time, on-site position within Eni Trade & Biofuels (ETB). The role involves daily analysis of trading activities (P&L and position reporting) for the gas desk and providing ad hoc support to other desks, including Crude Oil Derivates, LNG, and Power & Emissions. The analytics team works to improve risk procedures through automation and software development to streamline daily processes, supporting front office with system trading using techniques such as machine learning and artificial intelligence.
Main responsibilities
- Prepare and review daily P&L and risk reports, monitor limits, and proactively resolve issues in coordination with relevant teams.
- Support front office in obtaining approval for new and non-standard products.
- Identify significant risks within the business and ensure they are transparent to senior management.
- Provide information and commentary for bi-weekly Risk Committee meetings.
- Review and approve changes to the main ETRM system (Endur) where appropriate.
- Ensure compliance of trading procedures with relevant controls and support internal and external audits as required.
- Participate in the enhancement of reporting and the development of reporting systems.
Skills and experience
- University degree in a numerate discipline (e.g., economics, mathematics, pure science, finance, engineering or similar).
- Relevant experience in a market risk role within commodity trading, ideally with a focus on gas & power.
- Strong knowledge of risk metrics (VaR, stress-testing, scenario analysis).
- Good knowledge of derivatives and options.
- Strong MS Office skills including Excel and VBA. SQL and Python are advantageous.
- Knowledge of the Endur ETRM system is advantageous.
- Strong organization and attention to detail; ability to work to tight deadlines.
- Strong communication skills, able to convey information concisely to senior management and stakeholders.
- Fluent level of English.
Benefits and environment
ETB offers an environment focused on sustainability, collaboration, and career growth with opportunities across teams and international roles. The company emphasizes flexible working and a balanced lifestyle alongside a comprehensive benefits package.
