Marathon Petroleum
Trader – Middle Distillate
Houston, Texas · Full-time
Sponsorship not specifiedDetected 13 days ago
Data AnalysisBusiness DevelopmentNegotiationAccountingSupply ChainRecruitingContract ManagementLeadershipCommunicationCollaborationMentoring
About the role
- This Middle Distillates trading role is part of Marathon's Clean Products Team inside the Commercial organization based in Houston with frontline trading responsibility for the key Northeast/NYH region.
- This position is within a cross-functional collaborative team generating trading value around marketing and refining assets, third party dealmaking, storage positions, a commercial fleet and dynamic teamwork.
- This role is within an established team of oil products trading professionals.
Responsibilities
- Primarily responsible for growing/developing the Northeast and New York Harbour trading desk as well as support to the broader MPC distillate team.
- recommends and implements changes to the plan to optimize overall value to MPC (product yield shifts, sales channel shifts, import/export changes, etc.).
- Builds and maintains internal and external relationships with counterparties and business partners.
- 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.
- Analyzes and anticipates market conditions to optimize economic value added from purchases, sales, and exchanges in the short-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.
- Continuously reviews market conditions and the short-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.).
Requirements
- Bachelor's degree required.
- Three (3) 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).
- 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)
Skills
- Accountability
- Commercial Awareness
- Communication
- Contract Management
- Customer-Focused
- Data Analysis
- Decision Making
- Entrepreneurship
- Leadership & Mentoring
- Marketing Strategies
- Risk Management
- Strategic Planning
Compensation
- Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.
Benefits
- Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.
- Initiates and completes negotiations and executes or recommends execution of deals (purchase, exchange, and sale in contracts) that maximize economic benefits to the company.
- Optimizes transportation and storage asset utilization, while managing costs and maximizing economic benefit in collaboration with key stakeholders with a focus on short term.
- Education and Experience
Company info
- If you need a reasonable accommodation for any part of the
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.
- 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.
Visa & Work Authorization
- 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
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This listing is sourced directly from Marathon Petroleum's careers page and normalized into a canonical job model.