SENIOR ANALYST – MARKET RISK PROJECTS

Job title:

SENIOR ANALYST – MARKET RISK PROJECTS

Company

Eni

Job description

Job Description:30194 – SENIOR ANALYST – Market Risk ProjectsAt Eni, we are looking for a Senior Analyst – Market Risk Projects within EGEM in London. You will be sitting within the Projects & Reporting team, responsible for managing and implementing IT projects to improve and centralise risk management within EGEM, as well as working closely with the Structured Products and Crude Oil Derivatives Market Risk teams to provide real-time front-line control and information for management and traders.About EGEMEni is one of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas. Eni has a market capitalisation of €33bn and has a €70bn turnover. It is not only a leading international upstream Company but also Europe’s largest natural gas Company. In January 2021, Eni integrated the Gas, LNG, Power & Emission related activities to form Eni Global Energy Markets. EGEM internationally trades Gas, LNG, Power & Emissions and Oil derivatives (mainly to hedge GLP Business contracts) while maintaining the full capabilities and trading activities of the former ETS GLP business. The integration of the trading activities into EGEM enables Eni to capture additional business opportunities in the market, EGEM will carry out physical and financial transactions on behalf of Eni Group and other activities related to management of the opportunity and flexibility of Eni’s portfolio of assets. EGEM’s headquarter office is in Milan, the company also has offices in London, Brussels and Singapore.As a member of the risk department at EGEM you will be responsible for:

• Analysing positions, both physical and financial, and understanding how they fit within the firm’s risk framework;
• VaR calculation and analysis, ensuring that the VaR metric is both complete and accurately reflects the risk of the desks;
• Automation and improvement of processes carried out by Trade Control and Credit departments;
• Calculating cash usage throughout EGEM in order to predict future cash requirements and monitor cash usage by Front Office;
• Analysing and calculating of stress on both an aggregated and specific strategy level;
• Leading IT projects in the market risk team. These projects can be cross-asset class and designed to improve management information and/or ease of reporting. Significant interaction with other teams will be necessary.
• Interface with IT to develop and manage all reporting activities within the company dedicated ETRM system, ensuring that best practices are applied across the EGEM risk team;
• When required, preparing and reviewing daily PNL and risk reports and following up any issues with relevant teams;
• Maintaining a good knowledge of risk metrics, namely VaR, Stress and Greeks;
• Developing and maintaining strong business relationship with different functions, e.g. Front Office, Back Office, IT, Planning & Control;
• Recording and monitoring adherence to risk limits for the trading desks;
• Guaranteeing compliance for trading procedures with relevant controls and support when necessary internal and external audit requests.

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

• University degree in computing, economics, maths, pure science, finance, engineering or a similar discipline;
• Strong IT skills: excellent knowledge of Python, VBA and SQL required;
• Experience in successfully implementing IT projects;
• Knowledge of the market risk/ product control role either within trading companies or banks;
• Knowledge of risk metrics such as VaR, stress testing, scenario analysis;
• Knowledge of the Endur ETRM system would be an advantage;
• Ability to communicate concisely to senior management in Market Risk and to stakeholders;
• Ability to mentor junior members and raise the profile of the team;
• Full command of the English language.

Location:LondonContract type:PermanentAt 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 , , and are fundamental. We promote flexible ways of working with particular attention to well-being, and work life-balance.Eni ill 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 theWhatever your ambition, at Eni you can find the tools to make it happen.Energy for action takers#LI-EIRL

Expected salary

Location

London

Job date

Wed, 17 Jul 2024 22:46:38 GMT

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