Job title: TRADING ANALYST
Company: Eni
Job description: IRC221379 – TRADING ANALYST
At Eni, we are looking for a Trading Analyst within ETB in London. You will be responsible for contributing to the development and execution of the trading strategy of ETB-UK Branch (on the secondary and primary market) considering current and future requirements of Eni group.
About ETB
Eni is one of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas. Eni has a market capitalization of €66 billion and has a near €100bn turnover. It is not only a leading international upstream Company but also Europe’s largest natural gas Company.
In keeping with Eni’s overall strategy in respect of the global energy transition, starting from January 1, 2021, Eni Trade & Biofuels SpA (“ETB”), fully owned by Eni SpA, is the sole entity responsible for the international trading of crude oil, petroleum products, bio-fuels and related financial derivatives for the Eni group.
In particular, ETB is responsible for marketing Eni’s oil equity productions, sourcing hydrocarbon and bio feedstock and marketing the resulting productions of its traditional and green refineries and of its petrochemical arm Versalis.
ETB’s activities further include the sourcing and management of maritime transportation and logistics services, and the provision of oil risk management services, for itself and on behalf of the whole Eni group, by trading commodity derivatives on the main regulated and over the counter markets.
ETB’s integration with the wider Eni businesses ensures a global and integrated approach that is further reinforced by Eni’s relationships and broad portfolio of global assets.
ETB is present in the Uk, in Italy, in Singapore and through a subsidiary, in Houston – USA.
As a member of Trading team at ETB you will be responsible for:
- Analysis of clients and market data to help developing and executing trades;
- Data entry: physical purchases/sales, Hedges, Freight and logistics costs, any other additional cost related to each transaction;
- Cargo Tracking: set up, maintain and improve a “cargo tracking” excel sheet (vessels b/l, destination, ws rate);
- Dealing with Middle Office for P&L reconciliation.
- Market analysis (supply and demand, global crack spreads, margins);
- Internal reports on trading activity;
- Daily update of excel sheet, reflecting the Market Structure (time spreads);
- Arb and Crack calculations;
- Track refinery turnarounds.
- Risk management and market monitoring (learn basics);
- Dealing with Shipping Department, other Trading desks and Overseas offices in Houston and Singapore as instructed by traders;
- Dealing with Counterparties (including Eni Group divisions) as instructed by traders.
This is the opportunity for you if you have these skills and requirements:
- University Degree in Engineering, Economics/Business Administration, Math/Physics are preferred;
- Strong quantitative and programming skills;
- Advanced knowledge of Microsoft Office;
- Flexibility to operate in challenging and ever changing environment,
- Well organized and good attention to detail,
- Result oriented approach and ability to work under pressure with tight deadlines;
- Drive, innovation and genuine interest in energy trading;
- Understanding of trading concepts.
London
Contract type:
Permanent
At Eni, people are the key to our success, which is why our values are focused on diversity, and lifelong learning.
Eni evaluates applications regardless of candidates’ personal and cultural characteristics or orientations. If your application is among those most in line with the required profile, you will be contacted to continue the .
Together we have greater energy.
#LI-EIRL
Expected salary:
Location: London
Job date: Fri, 14 Oct 2022 22:16:07 GMT
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