Senior Market Risk Analyst (Structured Products)

Description

Job title: Senior Market Risk Analyst (Structured Products)
Location: London UK
Job reference #: 33390
Contract type: Permanent
Language requirements: Fluent level of English

At Eni we are looking for a Senior Market Risk Analyst (Structured Products) to join Eni Trade & Biofuels (ETB) in London. You will be responsible for the daily analysis of the Structured Products desks trading activities generating reports on positions and PnL as well as providing ad hoc support to other desks operations as required (Gas Crude Oil Derivatives LNG and Power & Emissions). You will also support the Market Risk projects team to provide cover for reporting and related responsibilities.

The team is constantly striving to improve its procedures through automation and a significant aspect of the role will be to continue the development of software to streamline daily processes and enhance the teams analytic addition the team is currently developing software to assist front office in system trading using a variety of techniques including machine learning and artificial intelligence. There would be scope within this role to participate in the development of these tools.

Immerse yourself in the fast evolving world of energy trading particularly within the growing biofuels market. ETB is committed to your professional development offering a dynamic environment that values knowledge innovation and career progression.

About 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:

• Preparing and reviewing daily P&L and risk reports monitoring limits and proactively resolving any issues in coordination with the relevant teams.
• Support front office in obtaining approval for new and non-standard products.
• Assisting in identifying significant risks within the business and ensuring they are transparent to senior management.
• Provide information and commentary for the bi-weekly Risk Committee meetings.
• Review and approve any relevant changes to the main ETRM system (Endur).
• Guarantee compliance for trading procedures with relevant controls and support when necessary internal and external audit requests.
• Participate in the enhancement of reporting and the development of reporting systems.

Skills and experience required:

• University degree in a numerate discipline (e.g. economics mathematics pure science finance engineering or similar).
• Relevant experience in a market risk role within commodity trading companies or banks.
• Strong knowledge of risk metrics such as VaR stress-testing scenario analysis.
• Good knowledge of derivatives and options.
• Strong knowledge of MS Office suite including Excel and VBA. SQL and Python would be a strong advantage.
• Knowledge of the Endur ETRM system would be an advantage.
• Analytical mindset and strong numerical skills.
• Strong organization skills with good attention to detail and the ability to work to tight deadlines.
• Strong communication skills able to communicate concisely with senior management in the market risk function and with all stakeholders.
• Fluent level of English.

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