Senior Market Risk Analyst (Quant)

Posted 7 days 8 hours ago by Eni

Permanent
Not Specified
University and College Jobs
Not Specified, United Kingdom
Job Description
Job title: SENIOR MARKET RISK ANALYST
Location: London, UK
Job reference #: 31769
Contract type: Permanent
Language requirements: Full professional proficiency in English

At Eni, we are looking for a Senior Market Risk Analyst (Quant) within Eni Trade & Biofuels (ETB) in London, UK.

You will work closely with Market Risk, Trade Control, IT and other risk teams to optimize daily processes, drive automation, and support data-driven risk analysis, scenario planning and stress testing for new products and markets. In this role, you'll cover oil, products, biofuels and bio-feedstocks, gaining broad exposure to all desks within ETB. Immerse yourself in the fast-evolving world of energy trading, particularly in the burgeoning biofuels market. ETB is committed to your professional growth, offering a vibrant environment that values knowledge, innovation and career advancement. This position could be your gateway to deepening your understanding of commodities, growing within middle office and trading functions, or pursuing 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.

Main responsibilities:
  • Working on projects to enhance the performance of Middle Office functions - including Market Risk and Trade Control - through process automation, improved data management and enhanced reporting.
  • Conducting stress testing and scenario analysis at both aggregated and strategy-specific levels, using cloud data platforms to model, process and store stress test results.
  • Analysing physical and financial positions to ensure alignment with Eni's risk framework, leveraging cloud data platforms for effective dataset storage and management.
  • Preparing and reviewing daily P&L and risk reports, integrating cloud data solutions to streamline reporting processes.
  • Monitoring key risk metrics (VaR, stress testing, Greeks) and implementing data-driven improvements using Power BI for enhanced reporting and visualization.
  • Leveraging tools such as Databricks, Power BI and Power Automate workflows to build dashboards and improve reporting efficiency across functions, including Market Risk and Trade Control.
  • Collaborating with IT to develop and enhance risk reporting activities within our ETRM system.
  • Working with internal stakeholders to deliver timely and accurate data insights and risk reports.

Skills and experience required:
  • University degree in a numerate discipline (e.g., Economics, Mathematics, Computing, Finance, Pure Science, Engineering).
  • Proven track record of working on data-related projects within a trading or risk management function, preferably in the energy sector.
  • Proficient in Python, VBA, and SQL.
  • Good knowledge of market risk metrics (VaR, stress testing, scenario analysis) and product control.
  • Strong communication skills, with the ability to present complex data and risk concepts clearly and concisely to stakeholders and senior management.
  • Analytical mindset with high attention to detail and the ability to work under tight deadlines.
  • Fluent in English.

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.

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 30,000 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. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In 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 Eni's areas of activity and research. In 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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