Applications for this job are now closed
At Eni, we are looking for a Risk Analyst– Crude and Derivatives within ETB in London. You will be responsible for preparing and reviewing of daily PNL and risk reports and follow up any issues with relevant teams.
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 capitalisation 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, will be the sole entity responsible for the international trading of crude oil, petroleum products, biofuels, and related financial derivatives for the Eni group.
ETB will be 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 the CFO Team at ETB you will be responsible for
- Ensuring that all risk limits are adhered to and assist in implementing new limits when necessary.
- Assisting in identifying the significant risk within the business, ensuring that they are transparent to senior
- management
- Maintaining a good knowledge of the current physical crude market as well as the refinery system.
- Supporting front office in new products and non-standard products approval.
- Participating in enhancement and development of in ETRM systems.
- Assisting in defining forward curve methodologies for accurate mark to market and fair value reporting.
- Contributing to the month and quarter-end activities with Back Office/Accounting for crudes and
- derivatives portfolios.
- Developing and maintaining strong business relationship with different functions, e.g FO, BO, IT, Planning &
- Control.
- Strong daily cooperation with the Refined Products market risk team and promote knowledge sharing
- between teams
- Guaranteeing compliance for trading procedures with relevant controls and support when necessary internal and external audit requests.
This is the opportunity for you if you have these skills and requirements
- University degree in economics, finance and / or engineering discipline.
- Good knowledge of derivatives trading.
- Good knowledge of EMEA oil market.
- Previous work experience/internship within a bank and trading environment is a plus.
- Strong and solid knowledge of MS Office suite including excellent Excel and VBA skills, MATLAB & SQL
- Highly organised, good attention to detail and ability to work with tight deadlines;
- Analytical mind and good numerical skills;
- Proactive and result oriented approach to work;
- Strong communication and interpersonal skills;
- Ability to build and nurture effective relationships internally and externally;
- Full command of English language (spoken and written).
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 selection process.
Together we have greater energy.
