Financial Trading Director

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

The Financial Trading Director is a senior leadership role responsible for executing and managing paper trading strategies - both discretionary and hedge-based, across crude oil, refined products, and associated markets. The position ensures precision execution across derivatives and structured books, aligning risk transfer with commercial strategy while delivering P&L impact through speculative trading, optimized overlays, market signal interpretation, and robust control frameworks.

This role drives monetization of market optionality, manages exposure across volatile asset classes, and leads a culture of disciplined risk-taking grounded in cross-functional coordination and regulatory compliance.

Key Responsibilities

Trading Strategy Execution

- Lead all employees within Financial Trading, including proprietary paper traders and desk analysts across structured and discretionary strategies.

- Execute trading strategies across futures, swaps, options, and custom OTC instruments with scale, timing precision, and exposure visibility.

- Develop and manage structured trading books in alignment with hedge mandates, product exposure, and margin targets.

- Maintain deep fluency in CME/ICE rulebooks, trading platform requirements, and financial trading infrastructure.

- Oversee trade entry and unwind processes for both hedge and speculative positions, ensuring disciplined execution within risk thresholds.

Analytics & Pricing Insight

- Interpret curve structure, seasonal indicators, and price signals to shape discretionary overlays and hedge deployment.

- Apply advanced models and scenario frameworks to refine timing, positioning, and portfolio alignment with physical desk flows.

- Leverage Commercial Analytics to inform forward curve logic, margin uplift modeling, and tool development for trader usage.

- Track and improve trader satisfaction, model accuracy, and contribution to realized margin across desks.

Risk Management & Compliance Governance

- Own risk-adjusted return delivery through active portfolio shaping and risk transfer integration.

- Lead oversight of VaR, margining, controls, and internal governance processes tied to trading strategy and position sizing.

- Collaborate with Credit and Legal to ensure compliance with trading protocols, counterparty documentation, and structure eligibility.

- Maintain compliance with applicable trading rules (CFTC, CME, ICE), exchange margin practices, and internal controls.

Cross-Functional Interfaces

- Integrate hedge strategies, discretionary overlays and physical-to-paper risk transfer by partnering with Physical Trading Desks, Value Chains, Origination and Commercial Analytics - ensuring cohesive execution, margin optimization and curve alignment.

- Establish and refine risk controls, P&L attribution and mark-to-market validation in close collaboration with Middle Office, Compliance & Legal - upholding regulatory requirements and platform integrity.

- Drive system enhancements and process automation through coordination with IT and Support Functions, embedding improved controls, reporting and workflow efficiency across the trading lifecycle.

Leadership & Organizational Culture

- Promote a high-performance trading environment focused on accuracy, compliance, and risk-adjusted value creation.

- Develop financial trading talent across structured books and derivative markets, with emphasis on data usage and execution precision.

- Champion disciplined risk-taking with a collaborative mindset across physical desks and corporate oversight functions.

- Embed a responsive, compliance-first culture that supports enterprise-wide trading objectives.

Education and Experience

MINIMUM QUALIFICATIONS

- Bachelor’s degree required; Master’s degree preferred.

- Required: 10+ years of financial trading experience in commodity markets (crude, refined products, or related energy portfolios).

- Preferred: At least 7 years in senior derivatives trading leadership with exposure to asset-backed and merchant trading portfolios.

- Preferred: Deep understanding of derivatives markets, risk transfer mechanisms, and structured product execution.

- Preferred: Proven record managing multi-instrument trading books across OTC and exchange-traded platforms.

- Preferred: Demonstrated fluency in risk management (VaR, margining, controls) and regulatory trading protocols (CME/ICE compliance).

Skills:

Business Acumen

Energizing the Organization

Strategic Outlook

Results Driven

Authentic Communicator

Continuous Improvement Mindset

Ongoing Learning & Self-Development

Selecting and Developing People

Location: Houston TX, or San Antonio TX

Relocation: Available

Estimated Travel: As needed to support business needs

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

Houston, Texas

Additional locations:

San Antonio, Texas

Job Requisition ID:

00018644

Location Address:

500 Dallas St Ste 2900

Education:

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

talentacquisition@marathonpetroleum.com

. 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.