The posting
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
Clean Products Trading is part of the Commercial organization, a cross-functional organization integral to maximizing refining output value for MPC while meeting customer demands. Clean Products Trading actively trades all US domestic trading markets and internationally. Clean Products Trading interfaces externally executing purchases, sales, buy-sells, and exchanges for finished gasoline and distillate as well as gasoline and diesel components dictated by refinery economics marketing demands, market conditions, and logistics to maximize economic margin consistent with safe supply chain operations and other MPC core values.
This position should be viewed as a growth opportunity for a highly motivated individual that has a strong aptitude and a keen interest for a commercial career. This role will provide an opportunity for the successful candidate to gain an understanding of clean products supply and trading while performing a complex and critical function.
This role requires a strong commercial mindset and a willingness to take calculated risk. The successful candidate will be expected to develop market views, deploy risk appropriately, and capitalize on opportunities to generate trading returns for the company.
Key Responsibilities
- Part of a broader team responsible for the USGC Light Ends trading desk as well as support to the broader MPC light ends team.
- Actively manages MPC’s Jones Act Fleet and demands in the Florida market.
- 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 trades 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 within assigned area.
- Optimizes transportation and storage asset utilization, while managing costs and maximizing economic benefit in collaboration with key stakeholders with a focus on short term.
Education and Experience
- TraderBachelor’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). Experience in vessel operations, blending, and terminal operations is strongly preferred.
- Senior TraderBachelor’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)Experience in vessel operations, blending, and terminal operations is strongly 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
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.
Location:
Houston, Texas
Additional locations:
Job Requisition ID:
00024815
Location Address:
500 Dallas St Ste 2900
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.
