Derivatives Trader

Marathon Petroleum Corporation • Houston, TX

1d

About The Position

The Derivatives Trader executes financial derivative instruments related to Marathon Petroleum Company’s physical commodity business, including crude oil, gasoline, diesel, natural gas, natural gas liquids, and related agricultural products. The trader supports physical traders on paper markets, conducts ad hoc analysis of energy-related commodities, participates in cross-functional teams, and serves as a liaison with Risk and Compliance on derivatives activity. Discretionary trading authority may be granted based on experience and skillset.

The role monitors market conditions and the business’s short-, medium-, and long-term supply and sales plans, then recommends and implements changes to hedging plans to optimize value to MPC. It also prepares periodic reports on market activity and supply/demand or competitive developments. The position is based in Houston, San Antonio, or Findlay, with estimated travel of 5%. The position grade may vary according to experience and qualifications.

Requirements

• Bachelor’s degree required.
• Three or more years of commercial experience in Trading or Marketing at an energy-related organization.
• Skills in accountability, commercial awareness, communication, contract management, customer focus, data analysis, decision-making, entrepreneurship, leadership and mentoring, marketing strategies, negotiation, risk management, and strategic planning.

Nice To Haves

• Relevant experience in Product Trading, Commercial Analytics, Contract Negotiation, or Scheduling (rail, truck, vessel, or pipe) is preferred.

Responsibilities

• Execute energy derivative instruments in multiple markets at the direction of physical traders and/or Risk organization members for physical commodity hedging.
• Review market conditions and the business’s short-, medium-, and long-term supply and sales plans.
• Recommend and implement hedging-plan changes to optimize overall value to MPC.
• Prepare periodic reports on market activities and supply/demand or competitive developments.
• Support physical traders on paper markets and conduct ad hoc analysis of energy-related commodities.
• Participate in cross-functional teams and liaise with Risk and Compliance regarding derivatives activity.

Benefits

• Health insurance
• Vision insurance
• Dental insurance
• Paid time off
• 401(k) matching program
• Paid parental leave
• Educational reimbursement
• Eligibility for a discretionary company-sponsored annual bonus program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level