Senior Trade Control Analyst

Description

Job title: Senior Trade Control Analyst
Location: London UK
Job reference #: 33701
Contract type: Permanent
Language requirements: Fluent level of English

At Eni we are looking for a Senior Trade Control Analyst to join Eni Trade & Biofuels (ETB) in London. 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 across energy commodities (Power Gas LNG Emissions and Oil Derivatives). The role is suited for an experienced Trade Control professional able to operate autonomously across controls systems and regulatory topics to own end-to-end deliverables and to act as a reference point for more junior members of the team.

About Eni Trade & Biofuels (ETB)

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 Enis oil equity productions sourcing hydrocarbons and bio feedstocks and managing the output of our traditional and green refineries. 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 32000 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.

Main responsibilities:

• Take end-to-end ownership of assigned controls and periodic deliverables ensuring completeness adherence to validation standards and a complete audit trail within agreed deadlines.
• Act as a senior point of escalation and subject-matter reference for the Trade Control team across controls systems and regulatory topics deputizing for the Trade Control Manager where required.
• Provide day-to-day guidance review and coaching to junior analysts overseeing the quality accuracy and timeliness of their control output and supporting their technical development.
• Perform daily trade validation activities ensuring that all physical and financial energy transactions (with a focus on Gas Power Emissions LNG and Oil derivatives) are accurately completely and promptly booked in the ETRM systems.
• Perform daily curve and price validation activities (spot/forward) ensuring market data accuracy in line with company procedures.
• Support the end-of-day process for physical and financial transactions in the relevant ETRM systems ensuring the timely generation of Position and P&L reporting.
• Carry out mandate and unauthorized trade checks escalating breaches in accordance with defined governance.
• Execute daily market conformity controls both physical and financial transactions.
• Support the execution and documentation of SOX and internal controls including the collection of control evidence identification of issues and follow-up on remediation.
• Monitor and manage key trade lifecycle events (e.g. futures expiry option exercise deal amendments and cancellations) ensuring timely escalation and correct system representation.
• Support exchange and clearing activities including reconciliation with clearing houses broker fee validation margin-related controls and issue resolution with clearers and brokers.
• Ensure compliance with all internal and external regulations.
• Perform month-end and quarter-end control activities for physical and financial energy transactions (Gas Power Emissions and LNG).
• Monitor procedural compliance with new financial regulations (EMIR DoddFrank REMIT and MiFID II) as part of first-level control activities including reporting and reconciliation.
• Lead automation and digitalization initiatives within the Trade Control team including the assessment of AI-based solutions.
• Actively contribute to systems enhancements and change initiatives coordinating testing validation and go-live activities from a Trade Control perspective.
• Provide the appropriate support to the Front Office for the approval of new products or non-standard initiatives.

Skills and experience required:

• University degree in a numeracy-oriented discipline (e.g. Finance Economics Financial Engineering Risk Management).
• Significant experience within a Product Control Market Risk Middle Office or Risk Management environment in a commodity or financial trading organization. Knowledge of Gas Power Emissions and LNG is required.
• Knowledge of risk metrics and internal control systems applicable to physical and financial transactions.
• Good knowledge of IT systems tools and programming languages: Microsoft Excel VBA Microsoft Power BI (a plus) SQL (a plus) Openlink Endur (a plus) and Python (a plus).
• Understanding of control processes applicable in a trading or regulated environment including familiarity with market venues and system interfaces between the exchange and the trading business.
• Solid understanding of control processes in a regulated trading environment with exposure to regulatory reporting (EMIR REMIT MiFID II DoddFrank) and audit interactions.
• Strong control mindset with the ability to identify issues assess risks and escalate appropriately within a structured governance framework.
• Demonstrated ability to coach and review the work of junior analysts and to act as a technical reference point within a team.
• Strong organisational skills and attention to detail with the ability to work to tight deadlines.
• Strong communication skills with the ability to build and maintain effective internal and external relationships.
• Proactive results-oriented approach with experience working in an international team environment.
• Fluent level of English (knowledge of French or Italian would be beneficial.

Why ETB

• Impactful Work: Join a team that plays a crucial role in Enis Net Zero 2050 strategy benefiting from Enis 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 30000 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. Enis goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its 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 Enis areas of activity and 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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Required Experience:

Senior IC

Employment Type : Full Time
Experience: years
Vacancy: 1