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Marathon Petroleum Corporation · 1 day ago

Trader - Distillates

Houston, TX

Full-time

Onsite

Mid, Senior Level

3+ years exp

Marathon Petroleum Corporation is committed to fostering a collaborative team environment and is seeking a Trader for its Clean Products Trading team. This role involves trading diesel, jet, and high sulfur distillates, optimizing market strategies, and building relationships with counterparties to maximize economic value for the company.

EnergyNatural ResourcesOil and Gas

Responsibilities

Collectively responsible for the USGC diesel, jet and high sulfur distillate trading desk as well as support to the broader MPC distillate team

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 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 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

Qualification

Contract NegotiationData AnalysisRisk ManagementCommercial AwarenessMarketing StrategiesAccountabilityEntrepreneurshipLeadership & MentoringStrategic PlanningCommunicationCustomer-FocusedDecision MakingNegotiation

Required

Bachelor'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)

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)

Accountability

Commercial Awareness

Communication

Contract Management

Customer-Focused

Data Analysis

Decision Making

Entrepreneurship

Leadership & Mentoring

Marketing Strategies

Negotiation

Risk Management