Position SummaryThis Derivative Trader executes financial derivative instruments as they relate to Marathon Petroleum Company's extensive physical commodity footprint, including Crude Oil, Gasoline, Diesel, Natural Gas, Natural Gas Liquids and related Agricultural products. The trader serves as a resource to physical traders on paper markets and performs ad hoc analysis for energy-related commodities. The trader serves on cross-functional teams and is a liaison with Risk and Compliance as relates to derivatives activity. This trader may be given discretionary trading authority commensurate with their experience and skillset.
Key Responsibilities- Execute energy derivative instruments in multiple markets at the direction of physical traders and/or members of the Risk organization as related to physical commodity hedging.
- Continuously reviews market conditions and the short-, medium- and long-term supply and sales plans of the business; recommends and implements changes to hedging plans to optimize overall value to MPC.
- Prepares periodic reports on market activities and supply/demand or competitive developments.
Education and Experience- Bachelor's degree required.
- Three (3) or more years of commercial experience in Trading or Marketing at an energy-related organization. Relevant job experience working in Product Trading, Commercial Analytics, Contract Negotiation or Scheduling (rail, truck, vessel and pipe) preferred.
Skills- 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, San Antonio TX, and Findlay OH
Estimated Travel: 5%
This position grade may vary depending on candidate experience. The successful candidate will be placed at a level commensurate with experience and qualifications.
Location:
Houston, Texas
Additional locations:
Findlay, Ohio, San Antonio, Texas
Job Requisition ID:
00024962
Location Address:
500 Dallas St Ste 2900
Education:
Bachelors (Required)
Employee Group:
Full time
Employee Subgroup:
Regular
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.