Global Partners

Trader - Gulf Coast

Global Partners • $182K — $291K *
Waltham, MA 02453In-Person
Energy & Utilities
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5-10 years industry experience in petroleum trading and supply chain
  • Bachelor's (Master's preferred) in Finance or related field
  • Strong knowledge of locational and structural arbitrage
  • Proficient in Microsoft Excel
  • Previous experience with risk management and trading systems like Right Angle/Solarc
  • Strong industry relationships and knowledge of regulations

Responsibilities

  • Own daily profitability of trading book and procure cost-effective products
  • Ensure compliance with Global’s risk policy and manage hedging of products
  • Lead Supply and Trading on projects and business opportunities
  • Prepare and deliver management and risk/return reports
  • Negotiate new exchanges and contracts to enhance business opportunities
  • Identify and implement strategies to increase Supply profitability
  • Support acquisitions and larger supply projects

Benefits

  • Competitive salary with growth opportunities
  • Health, dental, vision, and life insurance
  • 401(k) plan with matching contributions
  • Tuition reimbursement after 6 months of service
  • Access to professional development training
Full Job Description


Job Summary:

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.

Job Description:

  • 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. Previous trading experience in petroleum derivatives, swaps, futures, physical products required.
  • 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.

Additional Job Description:

  • Exceptionally strong interpersonal and communication skills
  • Outstanding ability to work collaboratively
  • Excellent attention to detail
  • Excellent time management and multi-tasking skills
  • Proficiency with Microsoft Excel
  • 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.
  • Knowledge in refinery operations a significant plus.
  • Strong industry knowledge and relationships with counterparts.
  • Back-office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus.
  • Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State regulations a strong plus.
  • Ability to work in a fast-paced, changing environment, deliver quickly and adapt to changing demands
  • Outstanding organization skills -- ability to effectively manage multiple work efforts simultaneously
  • Willingness and desire to learn new skills and take on new responsibilities
  • Bachelor's Degree (Master's Degree preferred) in Finance, accounting or related field

Pay Range:

$182,300.00 - $291,500.00

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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