RISK ANALYST - IRC217809
At Eni, we are looking for a Risk Analyst within the Market Risk Team at Eni Trade & Biofuels (ETB) in London. You will be responsible for performing day-to-day daily performance and market risk analysis for both physical crude and flow trading business and will work very closely with the traders and the other parts of the ETB business. This is a pivotal team in this dynamic business and experience in this area could lead to a range of interesting and challenging career options in the trading and shipping business.
About Eni Trade & Biofuels (ETB)
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.
In particular, 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.
As a member of the Market Risk Team, you will be responsible for:
- Reporting to the Crude & Derivatives Market Risk Manager and has the following main interfaces:
- INTERNAL: Front and Back Office, IT, other Middle Office units; Operations, Planning & Control, Finance;
- EXTERNAL: Brokers; relevant industry contacts
- Preparing and reviewing daily PNL and risk reports and following up on any issues with relevant teams.
- Ensuring that all risk limits are adhered to and assisting 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 the front office in new products and non-standard products approval.
- Participating in enhancement and development of ETRM systems.
- Assisting in defining forward curve methodologies for the accurate mark to market and fair value reporting.
This is the opportunity for you if you have these skills and requirements :
- University degree in economics, finance and/or engineering discipline.
- Relevant experience in a market risk role from trading companies or banks.
- Strong knowledge of derivatives trading.
- Strong knowledge of EMEA crude qualities (N Sea, Med & WAF);
- Advanced knowledge of risk metrics such as VaR, stress testing, scenario analysis.
- Knowledge of one or more ETRM systems would be an advantage (Endur, Symphony by Amphora).
- Strong and solid knowledge of MS Office suite including excellent Excel and VBA skills, Matlab & SQL knowledge a plus.
- Ability to communicate concisely to senior management in Market Risk and to stakeholders.
- 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.
- Ability to mentor junior members and raise the profile of the team.
- Full command of the English language (spoken and written).
Location:
ETB offices on Buckingham Palace Road, SW1, London
Contract type:
Permanent, local employment contract
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.
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