Trader - Gulf Coast Gasoline

Marathon Petroleum Corporation • Houston, TX

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 Clean Products Trading is part of the Commercial organization, a cross-functional organization integral to maximizing refining output value for MPC while meeting customer demands. Clean Products Trading actively trades all US domestic trading markets and with an increasing presence internationally. Clean Products Trading interface externally executing purchases, sales, buy-sells, and exchanges for finished gasoline and distillate as well as gasoline and diesel components dictated by refinery economics marketing demands, market conditions, and logistics to maximize economic margin consistent with safe supply chain operations and other MPC core values. This position should be viewed as a growth opportunity for a highly motivated individual that has a strong aptitude and a keen interest for a commercial career. This role will provide an opportunity for the successful candidate to gain an understanding of the clean products supply and trading while performing a complex and critical function.

Requirements

• Bachelor’s degree required.
• 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).
• 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).
• Accountability
• Commercial Awareness
• Communication
• Contract Management
• Customer-Focused
• Data Analysis
• Decision Making
• Entrepreneurship
• Leadership & Mentoring
• Marketing Strategies
• Negotiation
• Risk Management
• Strategic Planning

Nice To Haves

• Experience in blending or terminal operations is strongly preferred.
• Experience in blending or terminal operations is strongly preferred.

Responsibilities

• Collectively responsible for the USGC light ends trading desk as well as support to the broader MPC light ends team.
• Continuously reviews market conditions and the short-term supply and sales plans; recommends and implements changes to the plan to optimize overall value to MPC (product yield shifts, sales channel shifts, import/export changes, etc.).
• Evaluates and executes discretionary trade and business development opportunities beyond the core business (storage, blending, freight deals).
• Initiates and completes negotiations and executes or recommends execution of deals (purchase, exchange, and sale in contracts) that maximize economic benefits to the company.
• Builds and maintains internal and external relationships with counterparties and business partners.
• Prepares periodic reports on market activities and supply/demand or competitive developments.
• 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 trading desk (e.g., disputes, claims, etc.).
• Analyzes and anticipates market conditions to optimize economic value added from purchases, sales, and exchanges in the short-term.
• Manages basis commodity exposure and/or physical inventory position to maximize market structure value within operational constraints in collaboration with Refining, Scheduling, and Finance groups within assigned area.
• Optimizes transportation and storage asset utilization, while managing costs and maximizing economic benefit in collaboration with key stakeholders with a focus on short term.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees