Pricing & Allocation Director

Marathon Petroleum Corporation•Findlay, OH

5d•Onsite

About The Position

The Pricing & Allocation Director provides enterprise leadership for light products rack pricing and allocation across multiple marketing regions and classes of trade. This role develops and executes integrated pricing strategies, leads and coaches the Pricing team, directs allocation governance and system enhancements, and applies market, supply, competitive, legal, and regulatory insights to optimize value-chain margin capture and achieve sales objectives. The Director partners with senior leaders and stakeholders across the value chain to align pricing policies and commercial strategy, communicate decisions in dynamic market conditions, and ensure compliance with applicable laws, internal controls, and audit requirements.

Requirements

Bachelor’s degree in Business, Finance, Marketing, Economics, Accounting, Engineering, or related discipline required.
Twelve (12) years of industry or related experience (i.e., supply, trading, optimization, or marketing) required.

Responsibilities

Provides leadership to the Pricing team and is accountable for performance and results across multiple trading-basis markets.
Develops, integrates, and executes pricing strategies, annual plans, and priorities that ensure market competitiveness, optimize value, and achieve light product rack sales objectives across all classes of trade at owned, exchange, and throughput terminals.
Establishes direction and provides leadership and coaching to Pricing team members, that span four marketing regions in evaluating and revising light product sales forecasts.
Directs the governance, maintenance, and use of allocation monitoring capabilities and has the authority to establish financial and operational objectives for allocating commodity rack sales across Brand, Wholesale and Fuel Source classes of trade when market conditions or corporate strategy warrant.
Leads the development and implementation of pricing and allocation system and process enhancements to address complex operational needs, changing commodity markets, and evolving business requirements.
Provides enterprise leadership on pricing and market intelligence and contributes to the development of Commercial strategy.
Develops and gains leadership support for evolving pricing strategies impacting multiple marketing regions.
Leads the pricing response to state and federal legal or regulatory inquiries involving pricing data and policies, coordinating appropriate resources and stakeholders.
Maintains accountability for ensuring MPC’s light products pricing policies and procedures comply with applicable laws, regulations, internal controls, and audit requirements.