Marathon Petroleum Corporation

Senior Derivatives Trader

Senior Derivatives Trader
Notice info
LocationHouston, TX
Job Typefull time
On-site
Oil and Gas

About This Job

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

This Derivative Trader executes energy derivative instruments as they relate to inventory management and storage hedging. Includes, but not limited to, Crude, Gasoline, Diesel, Natural Gas, and related Agricultural products. Serves as a resource to management and physical traders on paper markets given corporate risk profile. Performs ad hoc analysis for energy related commodities. Serves on teams that serve cross functional activities. Performs back up execution on energy commodities.

Key Responsibilities

Develops and implements negotiating tactics to complement planned sales/supply strategies and to increase the efficiency of such activities.

Continuously reviews market conditions and the short- and medium-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 trade 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 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 medium 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 and medium term.


Education and Experience

Bachelor’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).


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

Travel Estimate: ~5%

This position is part of a job family with multiple grade levels. 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:

00017470

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.

Similar Jobs

company-logo

Senior Division Order Analyst

logo
Formentera
Job TypeFull time
Salary
$110000 - $130000
Austin, TX
about 1 year ago
company-logo

Senior Derivatives Trader

Marathon Petroleum Corporation
Job Typefull time
 
Houston, TX
21 days ago
company-logo

Senior Derivatives Trader

Marathon Petroleum
Job TypeFull time
 
Houston, TX
22 days ago
company-logo

Senior Power Trader

TotalEnergies
Job Typefull time
 
Houston, TX
22 days ago
company-logo

Senior Trade Accountant

B.B. Energy
Job TypeFull time
 
Houston, TX
30 days ago
company-logo

Senior Contracts Specialist

Sabre Industries, Inc.
Job Typefull time
 
Blue Bell, PA
11 days ago
company-logo

Senior Contracts Specialist

JDS Energy & Mining
Job Typefull time
 
Saskatoon, SK
16 days ago
company-logo

Senior Supply Chain Specialist

GCI
Job TypeFull time
 
Anchorage, AK
22 days ago
company-logo

Senior Price Analyst

OmniMax International
Job Typefull time
 
Duluth, GA
16 days ago
company-logo

Senior Analyst - Trading Operations

Avangrid
Job Typefull time
 
Portland, OR
24 days ago
company-logo

Senior Marketing Specialist

Valvoline Global Operations
Job Typefull time
 
Lexington, KY
6 days ago
company-logo

Senior Sales Specialist

Stem Inc
Job Typefull time
Salary
$61680 - $92520
Colorado, CO
11 days ago
company-logo

Senior Contracts Analyst

Gunvor Group
Job Typefull time
 
Houston, TX
23 days ago
company-logo

Senior Sourcing Specialist

The Mosaic Company
Job Typefull time
 
Greater Tampa Bay Area
25 days ago
company-logo

Senior Analyst, Finance

Pattern Energy
Job Typefull time
Salary
$95000 - $115000
San Francisco, CA
29 days ago
company-logo

Senior Finance Analyst

UGI Utilities, Inc.
Job Typefull time
 
Lancaster County, PA
9 days ago
company-logo

Marketing Specialist Senior

Indiana Michigan Power
Job Typefull time
Salary
$85081 - $106352
Fort Wayne, IN
17 days ago
company-logo

Marketing Specialist Senior

American Electric Power
Job TypeFull time
Salary
$85081 - $106352
Fort Wayne, IN
18 days ago
VE

Senior Director, Finance & Capital Markets

Vitis Energy
Job TypeFull time
 
Saint Augustine, FL
19 days ago
company-logo

Associate Trader

TerraForm Power
Job Typefull time
Salary
$120000 - $135000
New York, NY
3 days ago

Trending Jobs

company-logo

Electrical Engineer

Dudley Staffing
Job TypeFull time
Salary
$55 - $75
Canonsburg, PA
5 months ago
company-logo

Division Order Analyst

Coronado Resources
Job TypeFull time
 
Dallas, TX
2 months ago
company-logo

Professional Landman

Penterra Services, LLC
Job TypeContract
 
Lovington, NM
about 1 month ago
company-logo

Accounts Payable Clerk

LPR Energy
Job TypeFull time
Salary
$65000 - $65000
Dallas, TX
2 months ago
company-logo

Division Order Landman

R. Lacy Services, Ltd.
Job TypeFull time
 
Longview, TX
about 1 month ago
company-logo

contract landman

HPS Oil & Gas Properties
Job TypeFull time
 
Lafayette, LA
4 months ago
company-logo

Business Analyst – Accounting

Permian Resources
Job TypeFull time
Salary
$110000 - $150000
The Woodlands, Texas
8 days ago
company-logo

Oil and Gas Land and Title Analyst - SAM Associate II

Bank of America
Job TypeFull time
 
Dallas, TX
3 months ago
company-logo

Attorney

Toeppich & Associates
Job TypeFull time
 
Houston, TX
over 1 year ago
company-logo

Title Landman

Sustain Land Services
Job TypeFull time
 
Norman, OK
4 months ago
company-logo

Landman

Stockyards Energy Land Services
Job TypeContract
 
Akiachak, TX
6 months ago
company-logo

Senior Landman

Greenlake Energy
Job TypeFull time
 
Austin, TX
3 months ago
company-logo

Title Reviewer

Innovation Land Services
Job TypeFull time
 
Pittsburgh, PA
5 months ago
company-logo

Electrical Designer

Dudley Staffing
Job TypeFull time
Salary
$45 - $60
Canonsburg, PA
5 months ago
company-logo

Oil and Gas Title Attorney

Oliva Gibbs PLLC
Job TypeFull time
 
Houston, TX
2 months ago
company-logo

contract Landman

HPS Oil & Gas Properties
Job TypeFull time
 
Midland, TX
4 months ago
company-logo

Civil/Structural Designer

Dudley Staffing
Job TypeFull time
Salary
$30 - $60
Canonsburg, PA
5 months ago
company-logo

Data Analyst

River City Science Academy
Job TypeFull time
Salary
$20 - $45
Jacksonville, FL
4 months ago
company-logo

contract Landman

HPS Oil & Gas Properties
Job TypeFull time
 
Cheyenne, WY
4 months ago
company-logo

Senior Division Order Analyst

Formentera
Job TypeFull time
Salary
$110000 - $130000
Austin, TX
about 1 year ago