Trading Analyst

Trading Analyst

Eni S.p.A.

London, United Kingdom

At Eni, we are looking for a Trading Analyst to join Eni Trade & Biofuels (ETB) in London. As a member of the Product 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 transactions are booked accurately;
• Ensure correct booking of derivatives transactions;
• 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;
• Identify problems, break them down into components, and devise effective solutions.

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 (Engineering, Mathematics, Statistics, Physics or IT) or in Economics/Finance;
• Relevant experience in an analytical role in the trading area;
• Advanced knowledge of Excel/VBA; knowledge of SQL and Python is an advantage;
• Strong attention to accuracy in data analysis and reporting;
• Ability to evaluate information objectively and make reasoned judgements;
• Proven ability to prioritise tasks and meet deadlines in a fast-paced environment;
• Flexibility to operate in a challenging and ever-changing environment;
• Results-oriented approach with the ability to work under pressure and to tight deadlines;
• Self-motivated, proactive, responsible and reliable;
• Excellent communication and strong interpersonal skills;
• Demonstrated drive, innovation, and a genuine interest in energy and trading;
• Strong team player with a positive attitude.