Trade Control Analyst

Job title: TRADE CONTROL ANALYST
Location: London, UK
Job reference #: 31770
Contract type: Permanent
Language requirements: Fluent in English; knowledge of Italian would be an advantage.

At Eni, we are looking for a Trade Control Analyst to join Eni Trade & Biofuels (ETB) in London, UK. Working closely with the front office and other teams within the middle office, you will be responsible for performing daily transaction validation and control activities focused on energy commodities (crude, products, and biofuels). The ideal candidate will have experience working with a variety of commodities, although we are open to considering experienced individuals with a particular focus on a single commodity.

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:

• Perform daily validation activities to ensure all financial and physical crude and product transactions are captured accurately and in a timely manner and ultimately validated in accordance with the company's procedures.
• Conduct daily checks on relevant prices (spot/forward) to ensure all market data is captured accurately and promptly.
• Support the oil, financial, and physical end-of-day processes in the relevant ETRM system, ensuring the timely generation of position and P&L reports.
• Carry out checks on unauthorised trades and monitor mandates/limits (e.g. tenor, quantity, value).
• Perform daily market conformity controls to monitor financial and physical oil transactions.
• Complete all required activities related to month-end and quarter-end checks for financial and physical oil.
• Ensure compliance with all internal and external regulations and respond promptly to all audit requests.
• Provide support to the Middle Office function regarding new products and non-standard deal approvals and monitor procedural compliance with new financial regulations (e.g. MiFID II, position limits) through first-level control execution.
• Support automation initiatives by promoting greater use of systems within the Trade Control team, eliminating manual spreadsheets, and fully supporting the implementation of relevant controls directly into trade capture systems.
• Manage ad hoc requests as required.

Skills and experience required:

• University degree in a numerate discipline (e.g. Finance, Mathematics or a quantitative-related field).
• Prior experience in a risk or trade control-focused role within the commodities industry.
• Strong knowledge of oil products.
• Understanding of control processes applicable in a trading or regulated environment.
• Familiarity with exchanges (e.g. ICE, CME, NYMEX, DME), Platts' Market on Close (MOC), E-Window, and other trading platforms.
• Highly proficient in Excel and VBA; knowledge of Python and Power BI would be an advantage.
• Strong organisational, time-management and team-working skills, with excellent attention to detail.
• Effective communication skills, with the ability to build relationships across a wide range of internal and external stakeholders.
• Results-oriented and proactive approach to work.
• Fluent in English; knowledge of Italian would be an advantage.

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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