Derivatives Trader

Marathon Petroleum Corporation; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Marathon Petroleum Corporation in Houston, TX is seeking an experienced Derivative Trader to manage energy derivatives across Crude Oil, Gasoline, Diesel, Natural Gas and NGLs. The role interfaces with physical traders and Risk/Compliance to ensure hedging aligns with market conditions.

The position requires 3+ years in trading within energy sectors, a Bachelor’s degree, and strong analytical and negotiation skills. Travel and cross-location collaboration are expected.

Qualifications

• Bachelor’s degree required.
• 3+ years of commercial experience in Trading or Marketing at an energy-related organization.
• Relevant job experience in Product Trading, Commercial Analytics, Contract Negotiation or Scheduling (rail, truck, vessel and pipe) preferred.

Responsibilities

• Execute energy derivative instruments in multiple markets at the direction of physical traders and/or members of the Risk organization as related to physical commodity hedging.
• Continuously reviews market conditions and the short-, medium- and long-term supply and sales plans of the business; recommends and implements changes to hedging plans to optimize overall value to MPC.
• Prepares periodic reports on market activities and supply/demand or competitive developments.

Skills

Accountability

Commercial Awareness

Communication

Contract Management

Customer-Focused

Data Analysis

Decision Making

Entrepreneurship

Leadership & Mentoring

Education

Bachelor’s degree

Job description

Houston, Texas

Findlay, Ohio

San Antonio, Texas

Full time

00024962

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

This Derivative Trader executes financial derivative instruments as they relate to Marathon Petroleum Company’s extensive physical commodity footprint, including Crude Oil, Gasoline, Diesel, Natural Gas, Natural Gas Liquids and related Agricultural products. The trader serves as a resource to physical traders on paper markets and performs ad hoc analysis for energy-related commodities. The trader serves on cross-functional teams and is a liaison with Risk and Compliance as relates to derivatives activity. This trader may be given discretionary trading authority commensurate with their experience and skillset.

Key Responsibilities

• 
  

  Execute energy derivative instruments in multiple markets at the direction of physical traders and/or members of the Risk organization as related to physical commodity hedging.

  
  


• 
  

  Continuously reviews market conditions and the short-, medium- and long-term supply and sales plans of the business; recommends and implements changes to hedging plans to optimize overall value to MPC.

  
  


• 
  

  Prepares periodic reports on market activities and supply/demand or competitive developments.

  
  

Education and Experience

• 
  

  Bachelor’s degree required.

  
  


• 
  

  Three (3) or more years of commercial experience in Trading or Marketing at an energy-related organization. Relevant job experience working in Product Trading, Commercial Analytics, Contract Negotiation or Scheduling (rail, truck, vessel and pipe) preferred.

  
  

Skills

• 
  

  Accountability

  
  


• 
  

  Commercial Awareness

  
  


• 
  

  Communication

  
  


• 
  

  Contract Management

  
  


• 
  

  Customer-Focused

  
  


• 
  

  Data Analysis

  
  


• 
  

  Decision Making

  
  


• 
  

  Entrepreneurship

  
  


• 
  

  Leadership & Mentoring

  
  

  Location: Houston TX, San Antonio TX, and Findlay OH

  
  

  Estimated Travel: 5%

  
  

  This position grade may vary depending on candidate experience. The successful candidate will be placed at a level commensurate with experience and qualifications.

  
  


• 
  

  Marketing Strategies

  
  


• 
  

  Negotiation

  
  


• 
  

  Risk Management

  
  


• 
  

  Strategic Planning

  
  

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

Houston, Texas

Additional locations:

Findlay, Ohio, San Antonio, Texas

Job Requisition ID:

00024962

Location Address:

500 Dallas St Ste 2900

Education:

Bachelors (Required)

Employee Group:

Full time

Employee Subgroup:

Regular

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. If you would like more information about your EEO rights as an applicant, click here (https://marathonpetroleum.brandextract.com/staged/marathonpetroleum.com/content/documents/Jobs_/Department_of_Labor_EEOC_.pdf) . 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 / 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. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.

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.