Job Description

OPEN DATE-CLOSING DATE: 17/11/2023-01/01/2024
Pacific Asia-Singapore-SINGAPORE-SG-SINGAPORE ORCHARD RD.
PROFESSIONAL FAMILY: MIDDLE & BACK OFFICE
Home National | Expert | Residential
IRC224310 \xe2\x80\x93 SENIOR TRADE CONTROL ANALYST
At Eni, we are looking for a Senior Trade Control Analyst within ETB in Singapore. You will be responsible for day-to-day trade control activities focusing on the commodities Crude and Products and biofuels. Ideally the candidate should either have experience in all commodities. You will work closely with several other departments, in particular Front Office (FO), IT, Back Office (BO) and other Eni departments both in Singapore and London. You will be performing daily price and transaction validation and controlling activities and will be working very closely with the Front Office and other streams within the Middle Office, as well as other parts of the ETB and ENI business.
About ETB
Eni 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 capitalization of \xe2\x82\xac66 billion and has a near \xe2\x82\xac100bn turnover. It is not only a leading international upstream Company but also Europe\xe2\x80\x99s largest natural gas Company. In November 2010 Eni decided to integrate its entire commodity trading activities into one Company, Eni Trading and Biofuel (ETB) to create a leader in the global commodities trading arena. ETB will have a \xe2\x82\xac40 bn turnover and will become responsible for all Eni\xe2\x80\x99s commodity trading, as oil, products, natural gas, power, CO2 and related derivatives. The integration of the trading activities into ETB will enable Eni to capture additional business opportunities in a market which is becoming more liquid and integrated across different commodities. ETB headquarter office is based in Rome, also the Company has offices in London, Houston, Brussels and Singapore. This integrated model will create a global center of excellence for Eni\xe2\x80\x99s trading and commodities risk control.
As a member of portfolio management & trading at ETB you will be responsible for:

• performing daily validation activities, making sure all physical crudes and products transactions are duly and timely captured and validated accordingly to the company procedures;

• performing daily validation activities of relevant price information (spot/forward), making sure all relevant market data information is duly and timely validated accordingly to the company procedures;

• supporting the oil physical end of day process in the relevant ETRM systems guaranteeing the timely generation of Position and PNL reporting;

• perform checks on un-authorized trades and monitoring of mandates/limits (tenor/quantity/value etc.);

• Performing daily market conformity controls to monitor physical oil transactions;

• Ensuring compliance with all internal and external regulation;

• Ensuring all internal & external audit requests/issues are promptly addressed;

• Guaranteeing the necessary activity related to the month-end and quarter-end checks for physical Oil;

• Supporting automation efforts by driving greater use of systems within the Trade Control team, eliminating manual spread sheets and fully support the implementation of relevant controls directly into the trade capture systems;

• Working with ICT to drive necessary developments;

• Acting as dedicated MO interface with confirmation/ contracts/ operations Department;

• Guaranteeing the appropriate level of support to Middle Office function for what concern New Products/Non Standard deal approval;

• Building good working relationship with internal (FO, BO, Risk, IT, Finance, Sox, Audit, Compliance etc) and relevant external stakeholders (auditors, clearers, brokers etc);

• Acting as a back-up to cover other trade control members across Trade Control team;

• Coordinating stream activities to execute ad hoc demands;

• Overseeing particular activities and analysts within the team;

• Training of new and junior personnel;

• Producing internal and management reporting of team responsibilities.

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

• Relevant experience within a Product Control/Market Risk/Middle Office/Risk management environment in an oil trading company or financial institution.

• Exposure to financial instruments related to Oil & Refined products.

• advanced knowledge of risk metrics and internal control systems applicable for oil physical transactions.

• knowledge of control processes applicable in a trading / regulated environment.

• ability to build and nurture effective relationships internally and externally;

• knowledge of one or more of IT systems would be an advantage (i.e. Endur).

• Strong and solid knowledge of Microsoft Office suite including excellent Excel and VBA knowledge a plus;

• strong academic credentials with a numeracy-oriented specialization, preferably Finance or quantitative discipline;

• experience in the middle office/product control/back office/risk management of the trading environment would be beneficial;

• understanding of the commodities markets, preferably physical crude & products markets;

• full command of the English language (written and spoken). Knowledge of Italian would be beneficial.

Location: Singapore
Contract type: Permanent
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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