Commercial Risk Analyst

Marathon Oil; Montgomery (AL); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

401(k) matching

Paid time off

Educational reimbursement

Discretionary annual bonus

Job summary

Marathon Petroleum Company LP’s Commercial Risk team seeks an analyst to measure and report market risk related to trading and hedging, provide financial analysis, and support daily trading performance.

You will work with traders and schedulers, expand knowledge of oil markets, pricing, and how instruments are used to hedge, grow in MtM methodologies, and have opportunities to join commercial teams.

Qualifications

• Minimum bachelor’s degree in Accounting, Finance, Economics, or related discipline required.
• 2+ years industry experience in analysis of financial results and reporting (energy, trading, banking or capital markets).
• Industry experience within a financial analysis (or risk team) of a trading group for physical crude oil, refined products, or natural gas preferred.

Responsibilities

• Reports and validates portfolio daily position and MTM (Marked to Market) reports.
• Performs financial analysis on trading performance P&L and issues reports on portfolio position and results.
• Collaborates with Accounting, Refining Operations, Schedulers, and Traders to design and enhance processes for accurate exposure information.
• Validates inputs to MtM results for accuracy and consistency with policies and procedures.
• Tests and validates new data sources enabling faster and more accurate position data.

Skills

Detail oriented

Multi‑project management

Interpersonal skills

Self‑motivated

Market exposure understanding

Excel proficiency

Education

Bachelor's degree in Accounting/Finance/Economics

Tools

Power BI

Tableau

Excel

Job description

Full 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.

SUMMARY

The Commercial Risk team supports Marathon’s Supply and Trading functions. The team adds value by measuring and reporting market risk as it relates to commercial trading and hedging activity and by performing financial analysis and reporting. The role is critical to understanding daily trading performance and ensuring the organization derives value from its supply and trading operations using deep financial analysis skills combined with strong commercial acumen. The team ensures financial results align with market conditions, providing independent oversight of trading performance and ensuring activities remain within defined boundaries set by the company.

An opportunity for an analyst in this team is now available. Working with the trading team, you will be assigned a portfolio of supply and trading activity and will engage with a front office team that includes traders and schedulers. As part of the team, you will expand your understanding of the oil energy markets, how various oil commodities are priced, and how purchase and sale transactions and related transportation costs impact the associated trade. You will also develop a deeper appreciation for how financial instruments are used to hedge and minimize the risks associated with the physical side of the transactions. You will gain a better understanding of price exposure, Marked to Market (MtM) methodologies and how they apply to the oil energy markets. This role opens future opportunities to join commercial teams to supply and trade commodities in an exciting and expanding company and industry.

KEY RESPONSIBILITIES

• Reports and validates portfolio daily position and MTM (Marked to Market) reports. Assists with troubleshooting and analytics of the portfolio’s returns.
• Performs financial analysis on the trading performance profit and loss and issues reports on the portfolio position and results.
• Collaborates with other team members and stakeholders—including Accounting, Refining Operations, Schedulers, and Traders—to design and enhance processes and procedures to enable accurate and timely exposure information.
• Validates inputs to MtM results for accuracy and consistency with policies and procedures.
• Tests and validates new data sources enabling faster and more accurate compilation of position data.
• Develops and maintains weekly and monthly analysis reports that provide commercial leadership with tools to enable better informed decisions and optimize commercial strategies.
• Develops and automates processes to perform daily tasks more efficiently.
• Supports the team on ad‑hoc projects when appropriate.
• Coordinates with IT Services and other organizations to improve systems required to gather, analyze, and report risk management activities.

REQUIREMENTS

EDUCATION

• Minimum bachelor’s degree in Accounting, Finance, Economics, or related discipline required.

EXPERIENCE

• 2+ years industry experience in analysis of financial results and reporting (energy, trading, banking or capital markets).
• Industry experience within a financial analysis (or risk team) of a trading group for physical crude oil, refined products, or natural gas preferred.

SPECIAL SKILLS

• Detail oriented.
• Ability to handle multiple projects and work in a fast‑moving, deadline‑driven environment.
• Strong interpersonal skills; ability to build rapport with others within the team and across disciplines.
• Self‑motivated and able to deliver results with minimal supervision.
• Demonstrated understanding of market exposure and mark‑to‑market reporting.
• Innovative and comfortable with change and challenging the status quo.
• Strong computer skills, particularly Excel.
• Experience with Power BI and/or Tableau.

WORK LOCATION

• Findlay, Ohio
• San Antonio, Texas (additional locations)

EEO STATEMENT

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, citizenship or any other status protected by applicable federal, state, or local laws.

BENEFITS

Marathon Petroleum offers a total rewards program which includes— among others—access to health, vision, and dental insurance; paid time off; 401(k) matching program; paid parental leave; and educational reimbursement. The hired candidate will also be eligible for a discretionary company‑sponsored annual bonus program.