Derivatives Trader

Marathon Petroleum Corporation•Findlay, OH

20h

About The Position

The Derivatives Trader executes financial derivative instruments in support of 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 in paper markets, conducts ad hoc analysis of energy-related commodities, and serves on cross-functional teams as a liaison with Risk and Compliance regarding derivatives activity. Discretionary trading authority may be granted based on the candidate’s experience and skillset. The position is available in Houston, Texas; San Antonio, Texas; and Findlay, Ohio. Estimated travel is 5%. The position grade may vary, with placement based on the successful candidate’s 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, and pipe) is preferred.

Responsibilities

Execute energy derivative instruments in multiple markets at the direction of physical traders and/or members of the Risk organization in support of physical commodity hedging.
Review market conditions and the business’s short-, medium-, and long-term supply and sales plans; recommend and implement changes to hedging plans to optimize overall value to MPC.
Prepare periodic reports on market activity and supply-and-demand or competitive developments.
Serve as a resource to 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.
May exercise discretionary trading authority commensurate with experience and skillset.