Trading Analyst

Job title: TRADING ANALYST

Location: London, UK

Job reference #: 31744

Contract type: Permanent

Language requirements: Full professional proficiency in English

At Eni, we are looking for a Trading Analyst within Eni Trade & Biofuels (ETB) in London, UK.

You will work under the supervision of senior team members and contribute to the development and execution of the Global Crude Trading team’s strategy within ETB. This role offers unparalleled exposure to the full commodity trading lifecycle - both physical and financial - through close collaboration with our Front Office, Risk, Finance, Back Office and various business units. Immerse yourself in the fast-paced world of energy trading, with a particular focus on the rapidly growing biofuels market. ETB is committed to your professional development, offering a dynamic environment that values knowledge, innovation and career progression. This position could be your gateway to further personal growth in trading in London or an opportunity to take on new challenges across our global network.

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:

1. Provide support to traders:

• Analyse market data to assist in trade development and execution.
• Enter data for cargo purchases and sales, hedges, freight and logistics costs, purchase and sales prices and other transaction-related costs.
• Input derivatives transactions.
• Maintain and enhance the “cargo tracking” Excel sheet (including vessel B/L, destination, WS rate, etc.).
• Coordinate with Middle Office for P&L reconciliation.

2. Prepare reports, calculations and research:

• Conduct market analysis (supply and demand, global arbitrage, margins).
• Produce internal reports on trading activity.
• Update key market tracking information daily.
• Perform arbitrage and crack spread calculations.
• Monitor refinery turnarounds.

3. Additional responsibilities may include:

• Assist with risk management and market monitoring under trader guidance.
• Liaise with crude traders in Houston and Singapore, as well as product trading desks.
• Collaborate with the Shipping, Chartering, and Operations departments.

Skills and experience required:

• University degree in a quantitative field (Engineering, Mathematics, Statistics, Physics or IT).
• Strong mathematics and programming skills.
• Advanced knowledge of Microsoft Office.
• Strong quantitative and analytical abilities.
• Ability to develop strategic thinking, decisiveness and risk awareness.
• Flexibility to operate in a challenging and ever-changing environment.
• Well-organized with strong attention to detail.
• Results-oriented approach with the ability to work under pressure and meet tight deadlines.
• Self-motivated, proactive, responsible and reliable.
• Excellent communication and interpersonal skills.
• Demonstrated drive, innovation and a genuine interest in energy and trading.
• Strong team player with a positive attitude.
• Competitive mindset with a focus on delivering results.
• Solid understanding of trading concepts.

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.

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