Trader - Gulf Coast

Global Partners LPWaltham, MA
$182,300 - $291,500Onsite

About The Position

As a key member of the Supply & Distribution Team, this role will allow the correct individual to grow a profitable trading business for Global in the U.S Gulf Coast. The role will also include commercial analysis for new trading / supply assets, in terms of both new businesses and M&A opportunities. The ideal candidate will: Have a proven track record of profitability with the petroleum industry as an experienced trader. Have a strong work ethic, along with very strong leadership skills, a desire to succeed and a willingness to do whatever it takes to get the job done. Understand locational and structural arbitrage and how to take advantage of it in both paper and physical markets. Have establish trading contacts within the petroleum markets and a proven track record of trading both with principals and brokers. At Global Partners, business starts with people. Since 1933, we’ve believed in taking care of our customers, our guests, our communities, and each other—and that belief continues to guide us. The Global Spirit is how we work to fuel that long term commitment to success. As a Fortune 500 company with 90+ years of experience, we’re proud to fuel communities—responsibly and sustainably. We show up every day with grit, passion, and purpose—anticipating needs, building lasting relationships, and creating shared value.

Requirements

  • Previous trading experience in petroleum derivatives, swaps, futures, physical products required.
  • 5-10 years Industry experience in clean product supply, NGL, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, product blending.
  • Previous experience supplying marketing.
  • Strong industry knowledge and relationships with counterparts.
  • Back-office experience in credit, risk management and finance.
  • Bachelor's Degree (Master's Degree preferred) in Finance, accounting or related field

Nice To Haves

  • Knowledge in refinery operations a significant plus.
  • Previous experience in Right Angle/Solarc a significant plus.
  • Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State regulations a strong plus.

Responsibilities

  • Daily ownership and profitability of book of business, and full responsibility to procure the most cost effective product for marketing.
  • Meeting all the requirements of Global’s risk policy including hedging all products.
  • Represent and be the lead for Supply and Trading on various projects and opportunities.
  • Prepare and present management reports as needed.
  • Work with Risk Management both on a daily processes and longer term to improve reports and overall effectiveness.
  • Prepare and present risk/return reports on opportunities and analysis as necessary.
  • Find and negotiate new exchanges, term purchases, rack deals, throughputs, etc.
  • Find and implement strategies to increase Supply’s profitability, work to grow the business in both current and new markets.
  • Support Supply and Trading on acquisitions and larger projects.

Benefits

  • Competitive salaries and opportunities for growth.
  • Talent Development Team who create trainings for growth and job development.
  • Medical, Dental, Visions and Life Insurance.
  • Additional wellness support.
  • 401k and a match component!
  • Tuition reimbursement; this benefit is offered after 6 months of service.
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