Supply Trading Specialist

Marathon Petroleum CorporationFindlay, OH
1d

About The Position

At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment. Position Summary The Renewables Feedstock Trading team, part of Renewable Diesel Fuels Value Chain, is responsible for sourcing and trading feedstocks across our value chain. We are looking for a motivated Supply Trading Specialist to join our dynamic team. This role is perfect for a commercially driven individual who excels in a highly collaborative environment, is organized, and is passionate about renewable markets. You will play a key role in sourcing, trading, and optimizing renewable feedstocks while working closely with both internal teams and external partners to maximize commercial opportunities.

Requirements

  • Bachelor’s Degree required
  • Supply Trading Specialist – Grade 12: 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)
  • Senior Supply Trading Specialist – Grade 13: 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)
  • Communications
  • Compliance
  • Negotiating
  • Relationship Management
  • Supply & Trading
  • Business Acumen
  • Trading Analysis

Responsibilities

  • Collaborates across the value chain including ST&O, VCO, Refining, MPLX to continuously review market conditions and the short- and medium-term supply and sales plans; recommends and implements changes to the plan to optimize overall value to MPC (exchange and term sales or purchases, product yield shifts, freight optimization, sales channel shifts, import/export changes, etc.)
  • Evaluates and executes business development opportunities beyond the core business (storage, blending, freight deals) in collaboration with ST&O, VCO and other value chain partners
  • Builds and maintains internal and external relationships with counterparties and business partners.
  • Prepares periodic reports on market activities and supply/demand or competitive developments to support ST&O, VCO and other value chain 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.
  • Participates in the negotiation or development of commercial resolutions impacting supply trading desk (e.g., disputes, claims, etc.)
  • Supports communications and position management with the Martinez Renewables JV.
  • Develops expertise around feedstock logistics.
  • Lead justification for proposed logistics solutions working with scheduling for execution.

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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