- Location: Houston, Texas
- 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 financial derivative instruments as they relate to Marathon Petroleum Company’s extensive physical commodity footprint, including Crude Oil, Gasoline, Diesel, Natural Gas, Natural Gas Liquids and related Agricultural products. The trader serves as a resource to physical traders on paper markets and performs ad hoc analysis for energy-related commodities. The trader serves on cross-functional teams and is a liaison with Risk and Compliance as relates to derivatives activity. This trader may be given discretionary trading authority commensurate with their experience and skillset.
Key Responsibilities
- Execute energy derivative instruments in multiple markets at the direction of physical traders and/or members of the Risk organization as related to physical commodity hedging.
- Continuously reviews market conditions and the short-, medium- and long-term supply and sales plans of the business; recommends and implements changes to hedging plans to optimize overall value to MPC.
- Prepares periodic reports on market activities and supply/demand or competitive developments.
Education and Experience
Bachelor’s degree required.
Three (3) or more years of commercial experience in Trading or Marketing at an energy-related organization. Relevant job experience working in Product Trading, Commercial Analytics, Contract Negotiation or Scheduling (rail, truck, vessel and pipe) 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, San Antonio TX, and Findlay OH
- Estimated Travel: 5%
- 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
Findlay, Ohio, San Antonio, Texas
Job Requisition ID
00024962
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, citizenshipor 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.
Additional Locations: Findlay, Ohio, San Antonio, Texas
Job description provided by Marathon Petroleum.
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