Global Commodities Trader
2 weeks ago
Global Commodities Trader Role
At Eni, we are looking for a skilled Global Commodities Trader within our Energy Trading & Biofuels (ETB) team in London. As a key member of our team, you will contribute to the development and execution of trading strategies for heavy products, identifying opportunities and negotiating transactions to generate value for ETB.
About ETB
Eni is a leading integrated energy company with a strong presence in exploration, production, transport, and marketing of oil and natural gas. With a market capitalization of €66 billion and a turnover of nearly €100 billion, Eni is a major player in the global energy market. Our ETB division is responsible for the international trading of crude oil, petroleum products, bio-fuels, and related financial derivatives for the Eni group.
Your Key Responsibilities
As a Global Commodities Trader, you will be responsible for:
- Locating and acquiring optimal feedstock for Eni's refining system
- Locating and selling Eni's refining and petrochemical system products to the best buyer
- Developing an asset-backed trading strategy wherever Eni runs productions/assets
- Providing insight and support to the development of the long-term products trading strategy for ETB
- Building and maintaining key relationships with other trading companies, refiners, petrochemicals, and end-users
- Developing and presenting analysis to management to support future trading positions
- Tracking and communicating the developments in the market and relevant market intelligence, including supply and demand balances and competitor activities to other traders of the team
- Supporting the origination team in developing long-term asset and contractual positions in line with the ETB long-term products trading strategy
- Liaising with charterers in shipping and operations to ensure all physical movements are executed safely and efficiently
- Guiding and mentoring the Trading Analysts dedicated to the oil products trading team
Requirements
We are looking for a highly skilled and experienced trader with a strong background in energy products trading. The ideal candidate will have:
- A degree in a numerate subject such as Engineering, Mathematics, or Economics
- Experience in trading, with a focus on energy products
- Experience with derivative instruments for hedging
- Knowledge of market fundamentals and market analysis
- Experience in refining operations and processes, considered beneficial
- Knowledge of IT standard software and software dedicated to trading activities
- Full command of the English language (written & spoken), with knowledge of any other language beneficial
Location and Contract Type
This role is based in London and is a permanent position.
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