At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.
Summary:
The Clean Products Senior Trader position is a crucial part of the cross-functional organization integral to maximizing refining output value for MPC while meeting customer demands. This Clean Products Senior Trader will be responsible for executing purchases, sales, buy-sells, and exchanges for finished gasoline and distillate as well as gasoline and distillate components dictated by refinery economics marketing demands, market conditions, and logistics to maximize economic margin consistent with safe supply chain operations and other MPC core values.
This role offers an exciting growth opportunity for a highly motivated individual with strong analytical skills and a keen interest in a commercial career. This role will primarily be focused on MPC’s growing international business and may have exposure to various commodities within the value chain. This role will provide an opportunity for the successful candidate to gain an understanding of the clean products supply and trading while performing a complex and critical function.
This position is part of a job family with multiple grade levels. The successful candidate will be placed at a level commensurate with experience and qualifications.
Key Responsibilities:
Actively trade the clean products export and import markets, primarily focused on MPC’s medium term trading strategy and longer duration trading, which includes the USGC, USWC, and USACInterface directly with traders, schedulers and analysts in the Singapore and London offices to generate and execute global trading strategiesWork closely with blue water marine team on forward freight calls, vessel optimization and trading strategyDevelops and implements negotiating tactics to complement planned sales/supply strategies and to increase the efficiency of such activities.Continuously reviews market conditions and the short- and medium-term supply and sales plans; recommends and implements changes to the plan to optimize overall value to MPC (product yield shifts, sales channel shifts, import/export changes, etc.).Evaluates and executes discretionary trade and business development opportunities beyond the core business (storage, blending, freight deals).Initiates and completes negotiations and executes or recommends execution of deals (purchase, exchange, and sale contracts) that maximize economic benefits to the company.Builds and maintains internal and external relationships with counterparties and business partners.Prepares periodic reports on market activities and supply/demand or competitive developments.Collaborates with the value chain and various members of the extended business team (Credit, Legal, Accounting, etc.) to stay abreast of trading, logistical and financial activity, meet regulatory requirements, prepare contracts, address information queries, and develop acquisition/sales strategies to achieve optimum value.Participates in the negotiation or development of commercial resolutions impacting trading desk (e.g., disputes, claims, etc.).Analyzes and anticipates market conditions to optimize economic value added from purchases, sales, and exchanges in the medium term.Manages basis commodity exposure and/or physical inventory position to maximize market structure value within operational constraints in collaboration with Refining, Scheduling, and Finance groups within assigned areaMINIMUM QUALIFICATIONS:
• Bachelor’s degree required.
• Five (5) or more years of experience in Trading or Marketing including profit/loss responsibility for Product Trading, Contract Negotiation and Scheduling (rail, truck, vessel and pipe).
As an energy industry leader, our career opportunities fuel personal and professional growth.
Location:
Houston, TexasAdditional locations:
Job Requisition ID:
00015289Location Address:
500 Dallas St Ste 2900Education:
Bachelors (Required)Employee Group:
Full timeEmployee Subgroup:
RegularMarathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant, click here.
If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at talentacquisition@marathonpetroleum.com. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.
Equal Opportunity Employer: Veteran / Disability
We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.