At a Glance
- Tasks: Support traders by analysing market data and preparing reports for trading activities.
- Company: Join Eni, a global leader in the energy transition and sustainability.
- Benefits: Enjoy a comprehensive benefits package, flexible working options, and career growth opportunities.
- Why this job: Make an impact in the energy sector while working in a dynamic, multicultural team.
- Qualifications: Degree in a quantitative field and prior experience in oil trading or analysis.
- Other info: Be part of Eni's mission towards carbon neutrality by 2050.
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.
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.
TRADING ANALYST (LPG) employer: Eni
Contact Detail:
Eni Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land TRADING ANALYST (LPG)
✨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 Eni and the Trading Analyst role. Understand their values and how they align with your skills. Practice common interview questions and be ready to showcase your analytical prowess!
✨Tip Number 3
Showcase your skills! Bring examples of your previous work, especially any relevant analysis or reports you've done. This will help demonstrate your capabilities and how you can contribute to the team at Eni.
✨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 Eni team and ready to make an impact in the energy sector.
We think you need these skills to ace TRADING ANALYST (LPG)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trading Analyst role. Highlight relevant experience 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 is your chance to shine! Use it to explain why you're passionate about energy trading and how your background makes you a great fit for Eni. Keep it concise but impactful!
Show Off Your Analytical Skills: Since this role involves a lot of data analysis, be sure to mention specific examples where you've successfully analysed market data or conducted research. This will show us that you have the analytical mindset we’re looking for.
Apply Through Our Website: Don’t forget to apply through our online application system! It’s the best way to ensure your application gets seen by the right people. Plus, it’s super easy to upload your CV and cover letter there.
How to prepare for a job interview at Eni
✨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. Show them you can handle the numbers!
✨Excel Like a Pro
Since advanced Excel skills are a must, make sure you're comfortable with functions, pivot tables, and maybe even some VBA. Prepare to demonstrate your proficiency during the interview, as they might ask you to solve a problem on the spot.
✨Research Eni and ETB
Familiarise yourself with Eni's mission, especially their Net Zero 2050 strategy. Understanding their role in the energy transition will not only impress your interviewers but also help you align your answers with their values.
✨Show Your Team Spirit
This role requires strong communication and teamwork. Be prepared to share examples of how you've successfully collaborated in the past. Highlight your proactive approach and how you contribute positively to team dynamics.