Derivatives Trader

4520 Marathon Petroleum Logistics Services LLC; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Vision and dental insurance

Paid time off

401k match

Parental leave

Educational reimbursement

Annual bonus

Job summary

Marathon Petroleum Corporation is seeking an experienced Derivative Trader to manage and execute energy derivative instruments across crude, products and gas markets. This role supports physical traders and risk/compliance teams, with potential discretionary trading authority based on experience.

Responsibilities include monitoring market conditions, adjusting hedges to maximize value, and producing periodic market and supply/demand reports for leadership.

Qualifications

• Bachelor’s degree required.
• Three or more 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 Focus

Data Analysis

Decision Making

Entrepreneurship

Leadership

Mentoring

Marketing Strategies

Negotiation

Risk Management

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

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
• Marketing Strategies
• Negotiation
• Risk Management
• Strategic Planning

Location and Travel

Location: Houston TX, San Antonio TX, and Findlay OH. Estimated Travel: 5%.

Location: Houston, Texas. Additional locations: Findlay, Ohio, San Antonio, Texas.

Position Grade

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

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.

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.

Equal Opportunity Employer

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.

Job Requisition ID: 00024962. Location Address: 500 Dallas St Ste 2900. Education: Bachelors (Required). Employee Group: Full time. Employee Subgroup: Regular.

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.