SENIOR RISK ANALYST

30366 - Senior Quantitative Analyst - Energy Markets (Oil, Products, Biofuels)

At Eni, we are looking for a Senior Quantitative Analyst - Energy Markets within Eni Trade & Biofuels (ETB) in London. The ideal candidate will have a strong background in market risk processes, trade control, and the full lifecycle of trading deals, as well as experience with data management, cloud platforms, and data transformation. You will also have expertise in energy markets, particularly oil, products, biofuels and bio-feedstock. In the role, you will work closely with Market Risk, Trade Control, IT and other risk teams to optimize daily processes, drive automation, and support data-driven risk analysis, scenario planning, and stress testing for new products and markets.

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 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.

As a member of ETB you will be responsible for:

• Leading projects to enhance the performance of Middle Office functions, including Market Risk, Trade Control, through process automation, data management improvements, and enhanced reporting;
• Driving automation and improvement of risk management processes using cloud data management tools and ensure seamless data integration across platforms (leveraging tools such as DataBricks, PowerBI and Power Automate);
• Conducting stress testing and scenario analysis on both aggregated and strategy-specific levels using cloud data platforms to model, process, and store stress test results;
• Building and managing cloud data platforms to support market risk and trade control data pipelines, leveraging advanced data architecture principles;
• Collaborating with IT to develop and enhance Risk reporting activities within the company's Energy Trading Risk Management (ETRM) system and cloud data platforms, including designing and maintaining scalable cloud architecture to support large datasets and complex analysis for Market Risk and Trade Control;
• Preparing and reviewing daily P&L and risk reports, ensuring the integration of cloud data solutions for more efficient and accurate reporting processes;
• Maintaining a thorough understanding of key risk metrics (e.g., VaR, Stress Testing, Greeks) and implement data-driven improvements to these metrics using Power BI for enhanced reporting and visualization;
• Leading data management efforts and acting as a subject matter expert for cloud-based solutions, data integration, and risk reporting automation.

This is the opportunity for you if you have the following skills and experience:

• University degree in a numerate discipline (e.g. computer science, economics, mathematics, pure science, finance, engineering);
• Proven track record of successfully leading IT and data-related projects, especially within trading or risk management functions, with experience in implementing cloud data management solutions;
• Strong knowledge of Python, VBA, SQL, as well as experience working with cloud data platforms including DataBricks, PowerBI and Power Automate;
• Solid understanding of market risk metrics (VaR, stress-testing, scenario analysis);
• Familiarity with ETRM systems and data architecture principles;
• Excellent verbal and written communication skills, with the ability to present complex data and risk concepts to senior management and stakeholders clearly and concisely;
• Strong interpersonal skills, with the ability to build and nurture effective relationships across the organization, mentor junior team members, and drive team performance;
• Full command of the English language (spoken and written).

Location:

London, UK

Contract type:

Permanent

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.

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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