SENIOR TRADER

London Area, United Kingdom

12/3/2024

Job Description

30370 – SENIOR CRUDE OIL TRADER

At Eni, we are looking for a Senior Crude Oil Trader within Eni Trade & Biofuels (ETB) in London, UK. You will be negotiating and concluding market transactions on a spot/term basis to ensure that the crude oil production of Eni’s upstream affiliates is sold to the best buyer and that the optimal feedstocks are secured for Eni’s refining system.

This role offers you unparalleled exposure to the entire commodity trading lifecycle – both physical and financial – through close collaboration with our Risk functions, Finance, Back Office, and multiple business units.

ETB is committed to your professional growth, offering a vibrant environment that prizes knowledge, innovation, and career advancement. This position could be your gateway to further personal growth in trading in London or the opportunity to pursue new challenges across our global network.

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.

As a member of the ETB, you will be responsible for:

• Maximising the P&L of ETB through the trading of physical crude oil.
• Managing price risk exposure on the trading book.
• Building and maintaining strong relationships with trading counterparties.
• Negotiating term and spot contracts with producers, refiners and traders globally and providing an analytical assessment to get management approval.
• Maintaining a deep understanding of the crude oil market and energy markets in general.
• Liaising with Refinery Supply to optimise the supply of feedstock.
• Liaising with Shipping for the chartering of shipping, on spot or term basis.
• Providing decisions.
• Defining and coordinating the strategy of the desks.
  
  

This is the opportunity for you if you have these skills and requirements:

• Proven track record of delivery in similar organisation.
• Disciplined and rigorous in managing activities within controls and procedures.
• Strong analytical and mathematical skills.
• Logical and objective approach to problem-solving.
• Competitive spirit.
• Proven and developed teamworking record.
• Resilience when faced with difficult problems or disappointing outcomes.
• Driven to achieve the goals of the team.
• Collaborative approach to achieving targets and solving problems.
• Open and transparent.
  
  

Location:

London

Contract

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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