At a Glance
- Tasks: Analyse market risks and prepare reports to support trading decisions in a dynamic energy environment.
- Company: Join Eni, a global leader in the energy transition and sustainability.
- Benefits: Enjoy competitive pay, flexible working options, and a supportive work culture.
- Other info: Be part of a diverse team with opportunities for international roles and rapid learning.
- Why this job: Make a real impact on Eni's Net Zero 2050 strategy while growing your career.
- Qualifications: Degree in a numerate field and experience in market risk within commodity trading.
The predicted salary is between 60000 - 75000 £ per year.
Location: London, UK
Contract type: Permanent
Language requirements: Fluent level of English
At Eni, we are looking for a Market Risk Analyst (LNG, Power, Emissions) to join Eni Trade & Biofuels (ETB) in London, UK. You will work on real-time front-line control and business information for the management and traders, including daily PNL, risk reporting and risk analysis, participating also in projects to improve the ETRM and to support broader commercial activities.
About ETB
ETB is the trading and shipping company of Eni, covering crude oil, refined oil products and biofuels as well as gas, power, LNG and emissions. We are a diverse and dynamic team of around 300 professionals distributed in four offices (London, Rome, Brussels 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. ETB is at the cutting edge of sustainability and innovation in the global energy market.
Main responsibilities
- Prepare and review daily P&L and risk reports, monitoring limits, and proactively resolving any issues in coordination with the relevant teams.
- Analyse PnL by trading strategy and by PnL drivers (commodity market moves/FX/IR/option Greeks).
- Ensure that all risk limits are adhered to and deal with any mitigating actions following the breach of such limits.
- Assist with identifying significant risk drivers within the business, ensuring transparency with senior management.
- Support front office in obtaining approval for new and non-standard products.
- Assist with defining forward curves methodologies for accurate mark to market and fair value reporting.
- Contribute to the month/quarter/year-end closing and reconciliation activities with Back Office/Accounting teams.
- Provide information and commentary for the bi-weekly Risk Committee meetings.
- Review and approve any relevant changes to the main ETRM system (Endur).
- Guarantee compliance of trading procedures with relevant controls and support when necessary internal and external audit requests.
- Maintain a strong knowledge of current Power, Emissions and LNG market signposts and trends.
Skills and experience required
- University degree in a numerate discipline (e.g. economics, mathematics, pure science, finance, engineering or similar).
- Relevant experience in a market risk role within a commodity trading environment.
- Strong knowledge of LNG, Power and Emissions markets.
- Strong knowledge of risk metrics such as VaR, stress-testing, scenario analysis.
- Strong knowledge of MS Office suite including Excel and VBA.
- Knowledge of Python, Matlab and SQL would be a plus.
- Knowledge of the Endur ETRM system would be an advantage.
- Strong organization skills with good attention to detail and the ability to work to tight deadlines.
- Strong communication skills, able to communicate concisely with senior management in the market risk function and with all stakeholders.
- Results-oriented and proactive approach.
- 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.
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.
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.
MARKET RISK ANALYST (LNG, Power, Emissions) employer: Eni
Eni Trade & Biofuels (ETB) in London offers an exceptional work environment for a Senior Crude Operations Specialist, characterised by a collaborative culture that values teamwork and innovation. Employees benefit from professional development opportunities that allow for growth within the commodity trading lifecycle, alongside competitive compensation and a dynamic atmosphere that encourages proactive problem-solving. With a focus on operational efficiency and strong stakeholder relationships, ETB is committed to fostering a rewarding career path in the energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land MARKET RISK ANALYST (LNG, Power, Emissions)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Eni. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace MARKET RISK ANALYST (LNG, Power, Emissions)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Eni.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Eni's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Eni
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Eni.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Eni will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Eni employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
