Trader – Middle Distillate

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.

This Middle Distillates trading role is part of Marathon’s Clean Products Team inside the Commercial organization based in Houston with frontline trading responsibility for the key Northeast/NYH region. This position is within a cross-functional collaborative team generating trading value around marketing and refining assets, third party dealmaking, storage positions, a commercial fleet and dynamic teamwork. The successful candidate will have the opportunity to deepen their knowledge of traded oil markets in Marathon, while building a dynamic Northeast portfolio and growing commercial skillsets. This role is within an established team of oil products trading professionals.

This position requires exceptional teamwork, communication and collaboration skills to grow the Middle Distillates and Products Trading portfolio across the Americas and globally. Marathon’s trading activity supports supply chain integrity and safety in all operations. MPC core values are a central feature in day-to-day operations.

• Primarily  responsible for growing/developing the Northeast and New York Harbour trading desk as well as support to the broader MPC distillate 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.

• Optimizes transportation and storage asset utilization, while managing costs and maximizing economic benefit in collaboration with key stakeholders with a focus on short term.

Trader

• 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).

Senior Trader

• 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

Location: Houston TX

Relocation: Available

Estimated Travel: Up To 25%

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.

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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.