Senior Trader NGLs & Petrochemicals

Marathon Petroleum CorporationHouston, TX
15dOnsite

About The Position

This Trading Position executes physical & financial trading strategies across NGLs and Petrochemicals to manage risk and capture margin opportunities. The role balances asset backed trading strategies and hedge execution with discretionary overlays, leveraging analytics and market insights to optimize outcomes of the NGL portfolio. NGL & Petrochemicals Trader has two primary objectives: Execute physical and financial NGL Petrochemical trading strategies across physical volumes, futures, swaps, and options to deliver incremental margin Manage book level exposure with disciplined adherence to limits and controls

Requirements

  • 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).
  • Commercial & Financial Acumen
  • Execution Discipline
  • Risk Mindset
  • Analytical Fluency
  • Decision Making
  • Entrepreneurship

Responsibilities

  • Trading & hedge execution Build and trade MPC’s physical and financial NGL and Petrochemical portfolio in the US markets Enter and manage derivative positions across NGL and Petrochemical exchanges and OTC Align hedging overlays with book level physical exposures and risk appetite Execute discretionary spreads and options structures within delegated authority
  • Risk & compliance Operate within approved position limits, liquidity, and stress limits and record exceptions per policy Partner with Middle Office to validate mark-to-market, P&L attribution, and limit usage Ensure compliance with governance protocols and exchange trading rules
  • Market development Build and maintain strong relationships with NGL and Petrochemical partners and counterparties in US markets Prepare periodic reports on market activities and competitive developments to ensure MPC remains a competitive player
  • Market & analytics integration Use curve analytics, signals, and fundamentals to inform entries and exits as well as to optimize economic value added from short-term NGL purchases, sales, and exchanges Maintain trade journals and post-trade reviews to institutionalize learning
  • Cross-functional interfaces Engage with analytics to improve models, pricing tools, and dashboards Coordinate with NGL and Petrochemical marketing & scheduling teams to align on supply forecasts, transaction structures, transport feasibility, and delivery timing to maximize market structure value Coordinate volume allocation for NGL and Petrochemical within respective trading & marketing groups (e.g., volume for trading, contractually obligated volumes, refinery needs, etc.) Collaborate with Supply, Trading, & Origination and NGL and Petrochemical Marketing teams to develop overall portfolio exposure view and align financial and physical positions

Benefits

  • 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.
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