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For Companies At a Glance
- Tasks: Execute trades and develop strategies in the dynamic world of middle distillates.
- Company: Join Eni, a global leader in energy transition and sustainability.
- Benefits: Enjoy a competitive salary, flexible working options, and a comprehensive benefits package.
- Why this job: Make an impact on Eni's Net Zero 2050 strategy while growing your career.
- Qualifications: Degree in relevant fields and extensive trading experience required.
- Other info: Collaborative culture with rapid learning opportunities and international roles.
The predicted salary is between 54000 - 84000 £ per year.
Job title: SENIOR MIDDLE DISTILLATES TRADER
Location: London, UK
Job reference #: 32162
Contract type: Permanent
Language requirements: Proficient in English
About Eni Trade & Biofuels
ENI Trade & Biofuels (ETB) is a leading global energy company focused on the trading of crude oil, refined oil products, and biofuels. ETB operates out of London, Rome, Singapore, and Houston to support Eni\’s strategy for sustainability and energy transition.
Main Responsibilities
- Oversee a significant flow in the Med thanks to our strong portfolio and downstream commercial activities.
- Execute physical and paper trades in middle distillates to maximise P&L within defined risk parameters.
- Structure and execute arbitrage opportunities across regions and markets.
- Develop and implement proprietary trading strategies to capture arbitrage, hedging, and speculative opportunities, including spread trading, volatility strategies and arbitrage.
- Support business growth through new initiatives and ideas to ensure the organic and sustainable development of the desk.
- Monitor and hedge market exposures using futures, swaps and derivatives.
- Track market fundamentals, pricing trends, freight, refining margins and inventory levels.
- Analyse macroeconomic trends, geopolitical risks, and market sentiment to inform trading decisions.
- Utilise technical analysis, quantitative models, and real-time data to identify trading opportunities.
- Build and maintain strong relationships with refiners, trading houses and end users.
- Negotiate contracts, offtake agreements and term supply deals.
- Collaborate with operations, risk, finance, and credit teams to ensure smooth execution.
- Work closely with risk management to monitor exposures and adhere to position limits.
- Communicate market views, trade ideas and risk assessments to senior management.
- Guide and mentor Trading Analysts/Juniors, contributing to their professional development.
- Ensure all trading activity is always in compliance with relevant regulatory requirements and internal controls.
Skills and Experience Required
- A degree in Engineering, Mathematics, Finance, Economics or a related field is preferred.
- Extensive experience in trading.
- Proven track record of delivering results and growing a trading desk.
- Strong understanding of futures, options, swaps and structured energy derivative products.
- Strong analytical and quantitative skills, with proficiency in trading platforms and financial modelling.
- Excellent negotiation, communication and interpersonal skills.
- Proven ability to work in a fast‑paced, dynamic environment and make informed decisions under pressure.
- Solid understanding of risk management principles and regulatory requirements.
- High level of integrity and commitment to ethical standards.
- Strong team player.
- Experience working within a global and international organisation is preferred.
- Full command of the English language (written and spoken); knowledge of additional languages would be an asset.
Benefits
- Impactful Work: Play a crucial role in Eni\’s Net Zero 2050 strategy.
- Collaborative Culture: Multicultural, supportive and dynamic work environment.
- Career Growth: Rapid learning opportunities and potential for movement across teams and international roles.
- Work-Life Balance: Comprehensive benefits package including health and well‑being, flexible working options.
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SENIOR MIDDLE DISTILLATES TRADER employer: Eni
Contact Detail:
Eni Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SENIOR MIDDLE DISTILLATES TRADER
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend trading events. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge. Be ready to discuss recent trends in middle distillates and how they impact trading strategies.
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've used data to make trading decisions or identify opportunities in the past.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people at Eni.
We think you need these skills to ace SENIOR MIDDLE DISTILLATES TRADER
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Middle Distillates Trader role. Highlight relevant experience in trading, risk management, and any specific skills like futures or options that match the job description.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share your passion for trading and how your background aligns with Eni's goals, especially in sustainability and innovation.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, be sure to mention any experience you have with quantitative analysis, financial modelling, or using trading platforms. We want to see how you can leverage data in your trading strategies.
Apply Through Our Website: Don’t forget to apply through our online application system! It’s the best way for us to receive your application and ensure it gets the attention it deserves. We can't wait to hear from you!
How to prepare for a job interview at Eni
✨Know Your Market
Before the interview, dive deep into the current trends in the middle distillates market. Understand pricing trends, geopolitical risks, and macroeconomic factors that could impact trading decisions. This knowledge will not only impress your interviewers but also show that you're proactive and well-prepared.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with quantitative analysis and financial modelling. If you have used tools like Python, VBA, or SQL, mention specific projects where these skills made a difference. Demonstrating your analytical prowess can set you apart from other candidates.
✨Demonstrate Team Spirit
Since collaboration is key in this role, share examples of how you've successfully worked within a team. Highlight any mentoring experiences you've had, especially if you've guided junior traders or analysts. This shows that you value teamwork and are willing to contribute to the growth of others.
✨Prepare for Scenario Questions
Expect questions that assess your decision-making under pressure. Prepare for hypothetical trading scenarios where you need to explain your thought process and risk management strategies. Practising these responses will help you articulate your approach clearly during the interview.