Trading Analyst (LPG)

Trading Analyst (LPG)

Eni S.p.A.

London, United Kingdom

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.

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.