TRADING ANALYST (32098)

Eni; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading global energy company is seeking a Trading Analyst to join their London office. This role involves analyzing market data, ensuring accurate booking of transactions, and conducting detailed market analyses to support trading activities. Candidates should have a university degree in a quantitative discipline or in Economics/Finance, and relevant experience in the trading business. Proficiency in Excel/VBA is essential, while knowledge of SQL and Python is advantageous. The position offers career growth opportunities within a collaborative and dynamic environment.

Benefits

Impactful Work

Collaborative Culture

Career Growth

Work-Life Balance

Qualifications

• University degree in a quantitative discipline or in Economics/Finance.
• Relevant experience in the trading business.
• 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 judgments.

Responsibilities

• Analyze market data to support the development and execution of trades.
• Ensure physical transactions and derivatives transactions are booked accurately.
• Set up and maintain a cargo tracking system.
• Conduct market analysis including supply and demand.
• Deliver weekly internal presentations on P&L, physical and paper activity.

Skills

Data analysis

Excel/VBA

SQL

Python

Market analysis

Problem-solving

Communication

Interpersonal skills

Education

University degree in a quantitative discipline or Economics/Finance

Tools

Excel

VBA

SQL

Python

Job description

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

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, ETB is rapidly establishing itself 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. 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.

Responsibilities

• Analyze market data to support the development and execution of trades, ensuring 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.
• 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.
• Risk management and market monitoring.
• Liaise with the Shipping Department, Operations, Contracts and other Trading desks, including overseas offices in Houston and Singapore, as instructed by traders.
• Interact with counterparties (including Eni Group divisions) as instructed by traders.

Qualifications

• University degree in a quantitative discipline (Engineering, Mathematics, Statistics, Physics or IT) or in Economics/Finance.
• Relevant experience in the trading business.
• 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.
• Capacity to develop skills such as strategic thinking, decisiveness and risk awareness.
• Flexibility to operate in a challenging and ever‑changing environment.
• Well‑organised with strong attention to detail.
• 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.

Benefits

• 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.