NGL & Petchem Trader

Marathon Petroleum Company LP; Singapore; On-site; SGD 120,000 - 240,000; Full time

Benefits offered by this job

Annual bonus

Job summary

Marathon Petroleum Company LP in Singapore is seeking an experienced Trader to support NGL & Petchem activities. You will negotiate terms, assess market conditions, and execute trades to maximize economic value within safe supply chain operations.

The role offers exposure to international markets, cross-functional collaboration, and a path toward senior trading leadership. A strong grasp of short-term trading strategies and logistics is essential.

Qualifications

• Bachelor’s degree required.
• 3+ years trading or marketing experience with profit/loss responsibility.
• Experience in contract negotiation and scheduling (rail, truck, vessel, pipe).

Responsibilities

• Develops negotiating tactics to optimize sales and supply plans.
• Continuously reviews market conditions and adjusts short-term plans.
• Executes discretionary trade and business development opportunities.
• Negotiates and closes deals to maximize economic benefits for MPC.
• Maintains relationships with counterparties and partners.
• Prepares reports on market activity and supply/demand developments.
• Collaborates with Credit, Legal, Accounting to meet regulatory needs.
• Analyses market conditions to optimize value of purchases/sales.
• Manages basis exposure and physical inventory positions within limits.
• Optimizes transportation/storage asset utilization with stakeholders.

Skills

Negotiation

Market analysis

Trading

Scheduling

Education

Bachelor's degree

Tools

Trading platforms

Job description

An exciting career awaits youAt 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 SummaryNGL & Petchem Trading is part of the Global NG, NGL & Specialties Value Chain organization, a cross-functional organization that purchases/sells, plans, transports, and accounts for natural gas, NGLs, petrochemicals, power, and specialty products. NGL & Petchem Trading has personnel located in the United States, Singapore, and the UK.NGL & Petchem Traders interface externally to negotiate pricing and terms for the purchase and sale of NGLs and Petrochemicals as dictated by refinery economics, market conditions, and logistics to maximize economic margin consistent with safe refinery supply chain operations and other MPC core values.This trading position is for a highly motivated individual that has a strong aptitude and a keen interest for a commercial career. This role will provide an opportunity for the successful candidate to gain an understanding of the crude oil supply business, while performing a complex and critical function.Key ResponsibilitiesDevelops 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-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 shortterm.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.Education and ExperienceBachelor’s degree required.TraderThree (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).Senior TraderFive (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).Location: SingaporeRelocation: Not AvailableEstimated Travel: ~10%As an energy industry leader, our career opportunities fuel personal and professional growth.Location:SingaporeAdditional locations:Job Requisition ID:00024749Location Address:101 Thomson Rd United Square 20-02/03Education:Bachelors (Required)Employee Group:Full timeEmployee Subgroup:RegularMarathon 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 [e-mail]. 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 / DisabilityWe 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.