Global Partners

Hedging & Position Optimization Desk

Global Partners • $118K — $177K *
Newton, MS 39345In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, Business, or a related discipline preferred
  • 3+ years of experience in trading, hedging, risk management, portfolio optimization, or commodity markets
  • Strong understanding of futures
  • Experience with portfolio risk analytics and exposure management
  • Excel skills with proficiency in analytical tools
  • Experience with trading and risk management systems (Right Angle, Fidessa, Marketview)
  • Strong analytical, quantitative, and problem-solving abilities

Responsibilities

  • Develop and execute hedging strategies to manage commodity risk
  • Work closely with sales and operations to balance hedge exposure and P&L
  • Monitor market conditions and execute adjustments to hedge positions
  • Evaluate hedge effectiveness and identify opportunities for improvement
  • Implement dynamic hedging and portfolio optimization strategies
  • Analyze market fundamentals, technical indicators, and macroeconomic developments
  • Produce market intelligence reports and trading recommendations

Benefits

  • Competitive salaries and opportunities for growth
  • Comprehensive health benefits including Medical, Dental, Vision, and Life Insurance
  • 401k with a matching component
  • Tuition reimbursement after 6 months of service
  • Wellness support programs
Full Job Description
Job Summary:
The Hedging & Position Optimization Desk is responsible for developing, executing, and optimizing hedging strategies that mitigate market risk while maximizing portfolio performance. This role supports Fuels Marketing in a commercial, trading, and risk management capacity by analyzing market exposures, performing hedging actions, and monitoring positions across physical and financial markets. The successful candidate will combine strong analytical capabilities, market knowledge, and forecasting skills to optimize portfolio risk, improve profitability, and ensure compliance with company risk policies.

Job Description:
  • Develop and execute hedging strategies to manage commodity risk related to market and volume changes and volatility.
  • Work closely with sales and operations to balance hedge exposure and hedge P&L against customer strategy and physical margins.
  • Monitor market conditions and execute adjustments to hedge positions.
  • Evaluate hedge effectiveness and trends and identify opportunities to improve.
  • Implement dynamic hedging and portfolio optimization strategies based on current, past and future hedge expectations.
  • Monitor daily trading positions and portfolio exposures, forecast changes based on seasonality, holidays, weather, new or lost business, terminal outages or changes, geopolitical changes and other variables.
  • Analyze open positions and identify optimization opportunities.
  • Analyze market fundamentals, technical indicators, and macroeconomic developments.
  • Monitor volatility, liquidity, and pricing trends.
  • Produce market intelligence reports and trading recommendations.
  • Identify emerging risks and recommend mitigation strategies.
  • Collaborate with Risk Management to ensure accurate position after month end rolls.
  • Identify opportunities to reduce transaction costs and improve hedge efficiency.
  • Optimize trading and hedging activities across multiple products and delivery periods.
  • Analyze basis risk and manage floating basis deals at third party supply locations.
  • Prepare daily, weekly, and monthly exposure reports.
  • Develop dashboards and performance metrics for management.
  • Reconcile lags and inconsistent data or missing BOLs with Business Ops team.
  • Present hedge performance, P&L attribution, and optimization recommendations.
  • Ensure positions remain within approved risk limits and trading mandates.
  • Reconcile physical and financial positions across multiple markets, business units and strategies.


Additional Job Description:
  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, Statistics, Business, or a related discipline preferred
  • 3+ years of experience in trading, hedging, risk management, portfolio optimization, or commodity markets.
  • Strong understanding of futures
  • Experience with portfolio risk analytics and exposure management.
  • Excel skills with proficiency in analytical tools
  • Experience with trading and risk management systems (Right Angle, Fidessa, Marketview)
  • Strong analytical, quantitative, and problem-solving abilities.
  • Experience in commodity, energy and financial markets preferred
  • Knowledge of optimization models, forecasting techniques, and quantitative risk methodologies preferred


Pay Range:

$118,300.00 - $177,400.00

The pay range for this position is outlined above. The final amount offered at the start of employment is determined based on factors including, but not limited to, experience level, knowledge, skills, abilities and geographic location, and the Company reserves the right to modify base salary at any time, including for reasons related to individual performance, Company or individual department/team performance and market factors.

Our Commitments to You
  • Coins! We offer competitive salaries and opportunities for growth. We have an amazing Talent Development Team who create trainings for growth and job development.
  • Health & Wellness - Medical, Dental, Visions and Life Insurance. Along with additional wellness support.
  • The Road Ahead - We offer 401k and a match component!
  • Professional Development - We provide tuition reimbursement; this benefit is offered after 6 months of service.


What to Expect From the Hiring Process

We value passion and potential. Please apply if you're qualified and interested-we'd love to hear from you.

A member of our Talent Acquisition team will review your application and may connect you with the hiring manager if your experience is a strong match.

Interviews are conducted virtually and in person, depending on the role. We'll provide more details about next steps if selected to move forward.

About Global Partners

Global Partners is a subsidiaries and their predecessors have served the energy needs of businesses, industrial enterprises and government agencies throughout the Northeast. We have grown with our customers. Today, Global Partners LP, a FORTUNE 500 company, is a leader in the storage, distribution and marketing of energy products across the Northeast.

Global Partners Careers

Join the dynamic team at Global Partners, a leader in industry innovation and growth. As a pivotal player in our sector, we offer unparalleled job opportunities that propel your career to new heights. At Global Partners, we are committed to fostering a culture of diversity and leadership, making it an ideal place for ambitious professionals to thrive.

Work You’ll Do

At Global Partners, you will engage in meaningful work that directly impacts our company and the industry. Our team is at the forefront of innovation, driving change and offering solutions that make a real difference. Whether you are looking to lead projects, collaborate with experts, or innovate in your field, Global Partners provides a platform for professional growth and development.

Join Our Market-Leading Team

We are proud to host a diverse and talented team, with over 20,000 dedicated professionals who excel at combining technology, industry expertise, and digital innovation. By joining our team, you will work alongside leaders in various fields, contributing to projects that reshape our industry.

Innovative Work and Career Development

Global Partners is not just a company; it's a place where you can shape your future. We offer a range of job opportunities, from internships to full-time positions, each providing a unique chance to develop your skills and advance your career. Our commitment to professional development is reflected in our robust training programs, including leadership development and diversity training, ensuring every team member is equipped for success.

Be Part of a Great Team

Our culture is built on collaboration and respect, with a focus on creating a workplace where everyone can succeed. We value the contributions of each team member and encourage creativity and innovation. The synergy of our team makes Global Partners a beacon of excellence in the industry.

Explore Job Opportunities and Benefits

Global Partners offers a competitive array of benefits designed to support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to performance bonuses, we ensure our team is well taken care of.

Future-Proof Your Career

With Global Partners, your career is future-proof. Dive into a range of positions that challenge you to grow and learn. Our hiring process is designed to identify and nurture talent, ensuring that the right skills are matched with the right opportunities.

Stay Connected

- **Join Our Team**: Search open positions that match your skills and interests. We are always on the lookout for passionate, curious, and solution-driven team players. - **Keep Up to Date**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Global Partners. At Global Partners, we are more than just a company—we are a community. We invite you to bring your skills, curiosity, and enthusiasm as you join a team that values growth, leadership, and innovation. Explore the possibilities with us and advance your career in ways only possible at Global Partners.
Learn more about Global Partners
Market Cap
$1.1 billion
Industry
Energy & Utilities
Net Income
$102.2 million
Founded
1933
5 Year Trend
+10%
Revenue
$8.3 billion
NASDAQ
GLP
* Ladders Estimates

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