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Job Title: Senior Crude Trader - Latin Americas
Location: Houston, TX, USA
Job Reference #: 32148
Employment Type: Permanent. Applicants must be authorized to work in the United States to be considered for this position.
Language Requirements: English (C2 proficiency or equivalent)

At Eni, we are seeking a Senior Crude Trader - Latin Americas to join Eni Trading & Shipping Inc. in Houston.

You will be responsible for developing a trading portfolio and managing a P&L within established risk limits. You will focus primarily on Latin American crude oil markets while supporting senior traders across global crude trading activities. This role operates within an established Supply & Trading infrastructure.

The ideal candidate will be an experienced crude trader with extensive knowledge of crude oil supply and demand dynamics across US domestic and international markets, as well as experience trading global arbitrage opportunities.

Work Authorization: Applicants must be legally authorized to work in the United States on a full-time basis for any employer. The Company will not sponsor employment visas for this position, either now or in the future.

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.

Skill Profile

• Minimum of 4 years of relevant crude trading experience, with a strong emphasis on the Latin American crude oil market.
• Spanish language skills are highly desirable.
• Strong understanding of crude oil market fundamentals, including supply and demand dynamics, pricing mechanisms, blending characteristics, logistics, regulations, operations and contractual terms used in the purchase and sale of crude oil.
• Knowledge and understanding of derivative and hedging transactions.
• Proven ability to develop and successfully execute trading strategies based on market analysis.
• Professional presence and strong interpersonal skills, with the ability to work effectively in a multicultural environment and collaborate at all levels of the organization.
• Self-motivated and results-driven, with the ability to work effectively under pressure while exercising sound judgment.

Detailed Responsibilities

• Specific areas of expertise include Latin American crude trading, derivatives, and contributing to the global trading book, particularly through the marketing of global equity crude into the US market.
• Develop a broad network of relationships to trade and optimize the value of crude barrels bought, sold, or blended across the Americas.
• Gather market data and conduct research on cargo and barge markets through third-party end users, traders, and brokers.
• Respond to and support the business needs of term partners and the home office.
• Communicate trades to the Middle Office through designated systems and management channels.
• Coordinate hedging strategies for traded cargoes, barges, and storage positions to take advantage of market structure and opportunities along the futures curve.
• Value and monitor the risk of the overall portfolio, maintaining accurate mark-to-market valuations.
• Contribute to the development of the overall trading strategy of the book in coordination with senior management.
• Identify, negotiate, and execute trades in the cargo and barge markets.
• Share market information and develop opportunities with other traders.
• Manage the physical execution aspects of transactions in coordination with Logistics.
• Exchange trade ideas and discuss supply and crude/condensate requirements with other blenders and end users.
• Negotiate terms and conditions within company guidelines.
• Ensure compliance with Company policies and procedures, Incoterms, pipeline specifications, NYMEX requirements, applicable regulations, and SOA procedures.
• Negotiate long-term contracts with counterparties.
• Comply with Credit Department policies and procedures.
• Assist with special projects as assigned.

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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