General Manager, Refined Products Trading

Delta Air Lines; Atlanta (GA); On-site; USD 200,000 - 250,000; Full time

Job summary

An established industry player is seeking a General Manager for Refined Products Trading to lead trading operations for diesel and gasoline. This role involves managing substantial commodity streams, optimizing refinery production, and ensuring compliance with government regulations. You will work closely with various teams to enhance profitability and develop strategic partnerships while navigating a dynamic trading environment. If you have a strong background in oil trading and a passion for energy management, this position offers a unique opportunity to make a significant impact in a vital sector.

Qualifications

• 5+ years of experience in Oil Trading or Supply Logistics required.
• Must possess excellent communication and negotiation skills.

Responsibilities

• Responsible for trading various commodity streams and price risk management.
• Collaborate with teams for production optimization and market evaluation.

Skills

Oil Trading

Contract Negotiations

Energy Management

Supply Logistics

Communication Skills

Conflict Resolution

Education

High School Diploma or GED

Bachelor's degree in Business/Finance/Engineering

Master’s degree in Business/Finance

Job description

General Manager, Refined Products Trading

Pay: Competitive

Location: Atlanta, Georgia

Employment type: Full-Time

Job Description

Req#: 20995

United States, Georgia, Atlanta

Fuel Management

15-May-2023

Ref #: 20995

How you'll help us Keep Climbing (overview & key responsibilities)

The General Manager, Refined Products Trading is responsible for trading a variety of commodity streams including Distillate, multiple Gasoline streams, Ethanol, Bio-diesel, and Ultra-Low sulfur heating oil and government compliance credits including Sulphur and Benzene. The position will be responsible for the daily trading, supply, and price risk management surrounding our 40kbd of diesel production (approximately $1.8B/year of product sales) and 40kbd of gasoline production (approximately $1.6B/year of product sales), focusing on refinery optimization and working with the refinery Optimization team and Wholesale Rack team to generate the production for the best margin netback. This role will assist in the procurement of Ethanol and Bio-diesel that is used in the Wholesale Rack blending program, as well as have sole responsibility for procuring benzene (approximately $15M per year of spend) and sulfur credits (approximately $10 million per year of revenue) around Monroe Energy’s obligations.

Job Dimensions:

• Job availability is 24/7 due to deadlines, job responsibilities, and interaction with the Monroe organization. The ability to travel to meet with counterparts and build relationships is required.
• Continuously monitor and evaluate the market for opportunities to optimize diesel and gasoline production and margin netbacks.
• Work closely with the products scheduling team to solve logistical issues and communicate intentions for production supply chains.
• Collaborate with the Wholesale Marketing team on forecast and procurement of ethanol and bio-diesel blending needs.
• Monitor supply/demand and market pricing for benzene and sulfur credits, focusing on value generation and risk mitigation, with a goal of beating the annual budget.
• Stay updated on news and government regulations, working closely with government affairs to manage Monroe’s risk to price fluctuations on compliance obligations.
• Become fluent in full desk coverage responsibilities for Northeast markets and pipeline distribution networks that the Monroe refinery can utilize.
• Build and maintain commercial relationships, focusing on long-term strategic partnerships.
• Develop and support business development ideas to assist with the optimization of the refinery.
• Provide ad hoc reporting for senior management as well as contributions to quarterly board meeting reports.
• Develop and execute physical and financial trades with the goal of beating index averages on a consistent basis.
• Must be able to work independently and generate creative solutions.

What you need to succeed (minimum qualifications)

• 5+ years of experience in Oil Trading, Contract Negotiations, Energy Management, or Supply Logistics experience is required.
• Excellent communication skills.
• Ability to work in a trading desk environment with exposure to changing priorities, tight deadlines, and expectations that multiple projects can be managed concurrently.
• Highly proficient in supplier communications, negotiations, and conflict resolution.
• Consistently prioritizes safety and security of self, others, and personal data.
• Embraces diverse people, thinking, and styles.
• Possesses a high school diploma, GED, or high school equivalency.
• At least 18 years of age and has authorization to work in the United States.

What will give you a competitive edge (preferred qualifications)

• Bachelor's degree in Business/Finance/Engineering or Oil and Gas related degree or Master’s degree in Business/Finance or equivalent is preferred.