Market Risk Analyst (LNG, Power, Emissions)

Market Risk Analyst (LNG, Power, Emissions)

Main responsibilities

• Prepare and review daily P&L and risk reports, monitoring limits, and proactively resolving any issues in coordination with the relevant teams.
• Analyse PnL by trading strategy and by PnL drivers (commodity market moves/FX/IR/option Greeks).
• Ensure that all risk limits are adhered to and deal with any mitigating actions following the breach of such limits (e.g. monitoring the unwinding of the related positions) and assist in implementing new limits/reallocating existing ones when necessary;
• Assist with identifying significant risk drivers within the business, ensuring transparency with senior management;
• Support front office in obtaining approval for new and non-standard products.
• Assist with defining forward curves methodologies for accurate mark to market and fair value reporting.
• Contribute to the month/quarter/year-end closing and reconciliation activities with Back Office/Accounting teams.
• Provide information and commentary for the bi-weekly Risk Committee meetings.
• Review and approve any relevant changes to the main ETRM system (Endur).
• Guarantee compliance of trading procedures with relevant controls and support when necessary internal and external audit requests.
• Maintain a strong knowledge of current Power, Emissions and LNG market signposts and trends.

Skills and experience required:

• University degree in a numerate discipline (e.g. economics, mathematics, pure science, finance, engineering or similar).

• Relevant experience in a market risk role within a commodity trading environment.

• Strong knowledge of LNG, Power and Emissions markets.

• Strong knowledge of risk metrics such as VaR, stress-testing, scenario analysis.

• Strong knowledge of MS Office suite including Excel and VBA. Knowledge of Python, Matlab and SQL would be a plus.

• Knowledge of the Endur ETRM system would be an advantage.

• Strong organization skills with good attention to detail and the ability to work to tight deadlines.

• Strong communication skills, able to communicate concisely with senior management in the market risk function and with all stakeholders.

• Results-oriented and proactive approach.

• Fluent level of 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.

• 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.

• Energy for action takers

• LI-EIRL

• Application Closing Date: 10/30/2026, 07:00 PM