Senior Trading Operations Analyst - Middle Office

4500 Marathon Petroleum Company LP; Houston (TX); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Health insurance

401k matching

Paid time off

Paid parental leave

Educational reimbursement

Job summary

Marathon Petroleum Company LP is seeking a Trading Operations Analyst in Houston, TX. The role supports cargo-level tracking, benchmarking, and P&L reporting across Commercial Trading, Risk, and FVC Product Supply teams throughout the trade lifecycle.

You will validate data, automate processes, and develop KPI-driven insights to quantify trading value and drive operational excellence.

Qualifications

• Bachelor's degree in Business, Finance, Marketing, Economics, Engineering, or related discipline.
• 5+ years of experience in Middle Office, Commercial, Commercial Risk, Trading Analytics, Scheduling, or Marketing.
• High proficiency in Excel; Power BI and RightAngle preferred.

Responsibilities

• Cross-functional collaboration with Commercial Trading, Risk, and FVC Product Supply to validate cargo-level data flows.
• Automate and standardize cargo tracking and benchmarking processes to reduce manual reconciliation.
• Develop benchmarking frameworks comparing realized trading outcomes vs. industry markers.
• Calibrate KPIs for Clean Products Trading and integrate into Operating P&L reporting.
• Lead discussions with Traders on performance metrics and distributed reports for management.

Education

Bachelor's degree in Business, Finance, Marketing, Economics, Engineering, or related discipline

Tools

Excel

Power BI

RightAngle

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 Overview: The Trading Operations Analyst within Middle Office at MPC supports cargo-level tracking and performance benchmarking for Clean Products. The Trading Operations Analyst collaborates with the Clean Products Trading, Commercial Risk, and Fuels Value Chain (FVC) Product Supply teams to ensure every cargo is captured, priced, and valued consistently in its trade life cycle from procurement to final sale. Reporting to the Performance Measurement Value Chain Director, this role is central to quantifying the value Commercial Trading provides, as well calibrating the Operating P&L KPIs that make Commercial Trading value visible. This position is open to Houston, TX.

Key Responsibilities

• Cross-functional collaboration with Commercial Trading, Risk, and FVC Product Supply teams to validate cargo-level data flows and ensure consistent valuation methodology is applied across trading desks.
• Process Improvement: Identify opportunities to automate and standardize cargo tracking and benchmarking processes to reduce manual reconciliation effort and improve reporting turnaround time.
• Develop and maintain benchmarking frameworks comparing realized trading outcomes (freight capture, grade/quality differentials, market structure, geographic arbitrage and derivatives) vs. industry markers.
• Partner with Commercial Trading to calibrate KPIs for Clean Products Trading (e.g. net position, market structure, optionality capture, grade differential capture) and incorporate into Operating P&L Reporting.
• Lead feedback discussions with Traders on performance metrics, physical and priced positions.
• Create and distribute recurring reports for Commercial Trading and Management including P&L, exposure summaries, risk metrics, and operational performance metrics.
• Complete ad-hoc analytical projects and presentations as requested by business stakeholders.

Minimum Qualifications

• Bachelor’s degree in Business, Finance, Marketing, Economics, Engineering, or related discipline required.
• Five (5) or more years of experience in Middle Office, Commercial, Commercial Risk, Trading Analytics, Scheduling, or Marketing required.
• High proficiency in Excel is required.
• Competent in Power BI, Right Angle preferred.
• Knowledge of trade lifecycle, market structure, pricing and deal valuation preferred.

Education: Bachelors (Required)

Location: Houston, Texas Additional locations:

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.

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.

Benefits

• access to health, vision, and dental insurance
• paid time off
• 401k matching program
• paid parental leave
• 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.

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.