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QuikTrip · 1 day ago

Petroleum Products Trader and Supply

Tulsa, OK

Full-time

Onsite

Senior Level

$142K/yr - $177K/yr

5+ years exp

QuikTrip is seeking a Petroleum Products Trader and Supply to be responsible for trading assigned regions and improving product delivery costs. The role includes managing basis risk, developing supply portfolios, and executing speculative trades to generate profit.

FuelGroceryRetail

Growth Opportunities

Responsibilities

Lead the assigned market(s) supply groups

Assist and consult as required for other regional supply groups

Monitor statute of limitations on all open audits and keep up with extension requests

Develop, recommend, and implement supply portfolios for each assigned market(s)

Lead daily supply decisions to optimize rack supply versus bulk supply

Ensure that each market has adequate supply of product

Direct the bulk purchasing activities for all markets (gasoline and diesel fuel)

Negotiate spot pipeline purchases

Manage price and basis positions

Participate in negotiation of all term pipeline contracts

Manage The Bulk Purchasing Activities For Assigned Market(s):

Negotiate spot pipeline purchases

Manage price and basis positions

Manage daily basis positions; and

Assist in managing basis positions in assigned market(s)

Generate and execute speculative trade positions

Manage these positions daily according to each strategy’s parameters and QuikTrip guidelines

Participate in daily strategic supply meetings with responsibility for reporting market and basis trends as well as discussing trading positions and opportunities

Assist and advise with rack purchasing activities for assigned market(s)

Help and participate as required for other regions

Develop exchange and inventory balance strategies to optimize market opportunities

Independently identify trading and supply opportunities by analyzing historical relationships

Qualification

Commodity tradingAnalytical skillsMarket analysisExcel modelingOral communicationWritten communicationCustomer serviceEmerging technologiesOrganizational skillsDecision making