Senior Quantitative Analyst

Posted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office
Senior level
Energy
The Role
The Senior Quantitative Analyst develops analytical tools and statistical models to enhance trading decisions and commercial performance, requiring collaboration across teams.
Summary Generated by Built In
An exciting career awaits you


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

This Senior Quantitative Analyst supports MPC’s Global Supply, Trading, and Origination organization by developing high-fidelity analytical tools, statistical models, and real-time insights across crude and heavy products, clean products and renewables, freight, NGL, and specialties markets.  This role contributes directly to commercial performance by integrating fundamentals, high-frequency market data, and automated modeling pipelines to generate timely and actionable insights. 

This position is designed as a key analytics role with direct proximity to trading activity, requiring strong commercial judgment, analytical ownership, and close collaboration with fundamental analysts, traders, risk, and IT to prototype and productionize quantitative capabilities that enhance commercial decision-making on a daily basis. 

Key Responsibilities
  • Build and maintain daily and intraday analytical models encompassing prices, spreads, differentials, volatility, and refinery margin economics.
  • Design and implement robust statistical, econometric, and machine learning models for short‑horizon forecasting and signal generation using Python or R.
  • Engineer automated data pipelines in Python + SQL feeding real‑time dashboards and trading tools deployed on Azure.
  • Construct and maintain feature libraries (calendar effects, flow data, refinery outages, arbitrage indicators, freight economics, curve structures).
  • Collaborate with fundamental analysts and traders to identify model opportunities, quantify edge, and test signal value.
  • Produce clear visualizations and trading‑ready outputs in Power BI or custom Python/R dashboards.
  • Conduct backtesting, model validation, stability analysis, hyperparameter tuning, and performance monitoring.
  • Support commercial negotiations and deal structuring through quantitative scenario analysis.
  • Work with IT to translate prototypes into scalable, production-grade tools.
  • Maintain documentation, version control, and structured model governance.
Education and Experience
  • Bachelor’s Degree in Mathematics, Statistics, Economics, Engineering, Computer Science, Finance, or related discipline required.
  • Five (5) or more years of related experience.

Preferred Experience:

  • Familiarity with commodity market structures, pricing, and risk fundamentals
  • Experience modeling spreads, differentials, arbitrage economics, refinery margins, or flow-based fundamentals.
  • Experience building high-frequency or daily forecasting models (Python or R).
  • Familiarity with optimization (linear, nonlinear, or mixed‑integer).
  • Experience with Git, CI/CD, model deployment, or production-oriented workflows.
  • Curiosity, creativity, and a bias for experimentation and iterative improvement.
Skills
  • Strong proficiency in Python (pandas, NumPy, statsmodels, scikit‑learn, PyTorch/TensorFlow, Nixtla).
  • Experience using R for econometrics, forecasting, or modeling workflows.
  • Strong SQL skills and experience with cloud environments (Azure preferred).
  • Experience with time‑series modeling, including ARIMA/SARIMA, regime switching, volatility modeling, ML models, or deep learning architectures.
  • Ability to translate technical analysis into clear commercial recommendations.

Location: San Antonio, TX / Houston, TX / Findlay, OH

Relocation: Available

Estimated Travel: <10%

This position grade may vary depending on candidate experience. The successful candidate will be placed at a level commensurate with experience and qualifications.

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

San Antonio, Texas

Additional locations:

Findlay, Ohio, Houston, Texas

Job Requisition ID:

00020962

Location Address:

19100 Ridgewood Pkwy

Education:

Bachelors (Required)

Employee Group:

Full time

Employee Subgroup:

Regular

Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship  or any other status protected by applicable federal, state, or local laws.  If you would like more information about your EEO rights as an applicant, click here.
If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at [email protected]. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. 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.
Equal Opportunity Employer: Veteran / Disability

We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.

Top Skills

Azure
Power BI
Python
R
SQL
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The Company
HQ: Findlay, Ohio
15,149 Employees
Year Founded: 1887

What We Do

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

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