Renewables Trader: Ethanol, Biodiesel & RINs

Marathon Petroleum Corporation; Findlay (OH); On-site; USD 90,000 - 150,000; Full time

Job summary

Marathon Petroleum Corporation seeks a Senior Trader for Renewables Trading (ST&O) in Findlay, OH. The role focuses on negotiating, market analysis, and developing trading strategies for Ethanol, Biodiesel, and Compliance Credits (RINs, LCFS). You will work with Credit, Legal, Accounting and other teams to maximize value.

Ideal candidates have strong financial acumen and interpersonal skills, with 5+ years in trading/marketing and P&L responsibility. Relocation is supported.

Qualifications

• Bachelor’s degree required.
• Trader: 3+ 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: 5+ years of experience in Trading or Marketing including profit/loss responsibility for Product Trading, Contract Negotiation and Scheduling (rail, truck, vessel and pipe).
• Location: Findlay, OH
• Relocation: Yes
• Estimated Travel: <10%

Responsibilities

• Develops negotiating tactics to complement planned sales/supply strategies and to maximize MPC overall value.
• 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 trading activity in collaboration with FVC, VCO and across the value chain.
• Manages basis commodity exposure and/or physical inventory position to maximize market structure value within operational constraints in collaboration with FVC, VCO and across the value chain as well as Finance.
• Representing the Company at industry functions and keeping abreast of evolving industry conditions by training, reading, building and maintaining internal and external contacts related to Renewables Trading.

Skills

Financial acumen

Negotiation

Communication

Analytical thinking

Education

Bachelor's degree

Job description

Marathon Petroleum Corporation seeks a Senior Trader for Renewables Trading (ST&O) in Findlay, OH. The role focuses on negotiating, market analysis, and developing trading strategies for Ethanol, Biodiesel, and Compliance Credits (RINs, LCFS). You will work with Credit, Legal, Accounting and other teams to maximize value.

Ideal candidates have strong financial acumen and interpersonal skills, with 5+ years in trading/marketing and P&L responsibility. Relocation is supported.