NGL & Petchem Trader

4709 Tesoro Petroleum (Singapore) Pte., Ltd.; Singapore; On-site; SGD 120,000 - 200,000; Full time

Benefits offered by this job

Health insurance

Paid time off

401k matching program

Discretionary annual bonus

Job summary

Marathon Petroleum Corporation, located in Singapore, seeks a seasoned trader to manage NGL and Petrochemical trading activities. The role interfaces with internal teams and external counterparties to optimize margins within safe supply chain operations.

The candidate will analyze market conditions, develop negotiation tactics, and advance commercial opportunities across storage, blending, and freight deals, while managing risk and ensuring regulatory compliance.

Qualifications

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

Responsibilities

• Develops and implements negotiating tactics to complement planned sales/supply strategies and to increase efficiency.
• Continuously reviews market conditions and the short-term supply and sales plans; recommends/implements changes to optimize value.
• Executes or negotiates deals (purchase, exchange, and sale contracts) to maximize economic benefits.

Skills

Trading

Negotiation

Market analysis

Relationship building

Strategic planning

Education

Bachelor’s degree

Job description

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

NGL & 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 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-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 Experience

• Bachelor’s degree required.
• Trader 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).
• Senior Trader 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).

Location

Location: Singapore

Location Address: 101 Thomson Rd United Square 20-02/03

Estimated Travel: ~10%

Employee Group

• Full time
• Regular

Benefits

• access to health, vision, and dental insurance
• paid time off
• 401k matching program
• paid parental leave
• educational reimbursement
• 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.

Reasonable Accommodation

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.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.