TRADE CONTROL ANALYST

Posted 5 days 7 hours ago by Eni

Permanent
Not Specified
Other
Not Specified, United Kingdom
Job Description
Trade Control Analyst - Eni Trade & Biofuels (ETB), London

At Eni, we are looking for a Trade Control Analyst within Eni Trade & Biofuels (ETB) in London, UK. You will be at the heart of our trading operations, playing a pivotal role in our internal control system. You'll ensure our global trading activities are executed with precision, compliance, and strategic foresight.

This role offers you unparalleled exposure to the entire commodity trading lifecycle - both physical and financial - through close collaboration with our Front Office, Risk functions, Finance, Back Office, and multiple business units.

Immerse yourself in the fast-evolving world of energy trading, particularly in the burgeoning biofuels market. ETB is committed to your professional growth, offering a vibrant environment that prizes knowledge, innovation, and career advancement. This position could be your gateway to a stimulating career path, with opportunities to expand within the Risk function, to explore other teams, or pursue 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, with a sharp focus on biofuels trading. Our work with bio feedstock and bioproducts is central to our mission of shaping a sustainable future.

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, and marketing of oil, natural gas and biofuels.

ETB is a diverse and dynamic team of around 300 professionals managing a global trading portfolio from our hubs in London (UK), Rome (Italy), Houston (USA), and Singapore. We are integral to the international trading of crude oil, petroleum products, biofuels, and related financial derivatives. 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.

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.

As a member of ETB you will be responsible for:
  • Transaction validation: Ensure timely and accurate capture and validation of all financial/physical crude and products transactions.
  • Market data validation: Validate relevant market data (spot/forward) to ensure compliance with company procedures.
  • End-of-day processes: Support oil financial and physical end-of-day processes in ETRM systems, ensuring accurate Position and PNL reporting.
  • Trade monitoring: Perform checks on unauthorized trades and monitor mandates/limits.
  • Market conformity controls: Monitor financial and physical oil transactions for market conformity.
  • Automation & system enhancement: Drive automation efforts within the Trade Control team, reducing manual processes, and implementing controls in trade capture systems.
  • Cross-department collaboration: Serve as the interface between Middle Office and confirmation/contracts/operations departments.
  • Compliance support: Monitor procedural compliance with new Financial Regulations (Mifid II/Position Limits) and execute first-level controls.

This is the opportunity for you if you have these skills and requirements:
  • Experience in the commodities industry, preferably in an oil trading company or financial institution.
  • Exposure to financial instruments related to Oil & Refined products.
  • Strong understanding of control processes in a trading/regulatory environment.
  • Familiarity with exchanges (ICE, CME, NYMEX, DME) and trading platforms like Platt's Market on Close (MOC), E-window.
  • Knowledge of IT systems (e.g. Endur) is preferred.
  • Proficiency in Microsoft Office, especially Excel, with VBA, Power BI, and Python being advantageous.
  • Background in Middle Office / product control / Back Office / risk management in a trading environment.
  • In-depth understanding of commodities markets, especially physical crude and products.


Location:
London

Contract :
Permanent

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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