Trader - Biodiesel

Global Partners LP; Waltham (MA); On-site; USD 182,000 - 292,000; Full time

Job summary

Global Partners LP in Massachusetts seeks a senior trader to own daily profitability of a petroleum book, manage risk, and lead commercial analysis for new trading assets and potential acquisitions. You will build relationships with principals and brokers, optimize hedging, and present management reports.

The role requires 5–10 years of industry experience in clean products, refineries, and trading, plus strong Excel proficiency, strategic thinking, and leadership.

Qualifications

• Strong interpersonal and communication skills
• Ability to work collaboratively in a team
• Excellent attention to detail
• Strong time management and multi-tasking abilities
• Proficient with Microsoft Excel
• 5–10 years industry experience in clean product supply, NGL, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, product blending
• Experience supplying marketing
• Knowledge of refinery operations is a plus
• Strong industry knowledge and relationships with counterparts
• Back office experience in credit, risk management and finance; Right Angle/Solarc experience a plus
• Knowledge of NEFI, NORA, RFS2, EPA and state regulations a plus
• Ability to work in fast-paced environment and adapt to changing demands
• Excellent organizational skills and ability to manage multiple tasks
• Willingness to learn and take on new responsibilities
• Bachelor’s/Master’s in finance/accounting or MBA

Responsibilities

• Daily ownership and profitability of book of business, procuring cost-effective products for marketing
• Hedging all products in line with Global's risk policy
• Represent and lead for Supply and Trading on projects and opportunities
• Prepare and present management reports
• Collaborate with Risk Management to improve reporting
• Prepare and present risk/return reports on opportunities
• Identify and negotiate exchanges, term purchases, rack deals, and throughputs
• Develop strategies to increase Supply profitability and grow in new markets
• Support Supply and Trading on acquisitions and larger projects

Skills

Interpersonal skills

Collaboration

Attention to detail

Time management

Multi-tasking

Industry experience in clean product

Experience in marketing supply

Refinery operations knowledge

Industry relationships

Regulatory knowledge

Adaptability

Organizational skills

Education

Bachelor's degree in finance/accounting or related field

Master's degree in finance/accounting or MBA

Tools

Microsoft Excel

Right Angle/Solarc

Job description

As a key member of the Supply & Distribution Team, this role will allow the correct individual to grow a profitable trading business for Global. The role will also include commercial analysis for new trading / supply assets, in terms of both new businesses and M&A opportunities. The ideal candidate will: Have a proven track record of profitability with the petroleum industry as an experienced trader. Have a strong work ethic, along with very strong leadership skills, a desire to succeed and a willingness to do whatever it takes to get the job done. Understand locational and structural arbitrage and how to take advantage of it in both paper and physical markets. Have establish trading contacts within the petroleum markets and a proven track record of trading both with principals and brokers.

At Global Partners, business starts with people. Since 1933, we've believed in taking care of our customers, our guests, our communities, and each other-and that belief continues to guide us.

The Global Spirit is the cornerstone of our commitment to success. As a Fortune 500 company with 90+ years of experience, we're proud to fuel communities-responsibly and sustainably. We show up every day with grit, passion, and purpose-anticipating needs, building lasting relationships, and creating shared value.

Your Role, Your Impact

• Daily ownership and profitability of book of business, and full responsibility to procure the most cost effective product for marketing.

• Meeting all the requirements of Global's risk policy including hedging all products. Previous trading experience in petroleum derivatives, swaps, futures, physical products required.

• Represent and be the lead for Supply and Trading on various projects and opportunities.

• Prepare and present management reports as needed.

• Work with Risk Management both on a daily processes and longer term to improve reports and overall effectiveness.

• Prepare and present risk/return reports on opportunities and analysis as necessary.

• Find and negotiate new exchanges, term purchases, rack deals, throughputs, etc.

• Find and implement strategies to increase Supply's profitability, work to grow the business in both current and new markets.

• Support Supply and Trading on acquisitions and larger projects.

Qualifications

• Exceptionally strong interpersonal and communication skills

• Outstanding ability to work collaboratively

• Excellent attention to detail

• Excellent time management and multi-tasking skills

• Proficiency with Microsoft Excel

• 5-10 years Industry experience in clean product supply, NGL, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, product blending.

• Previous experience supplying marketing.

• Knowledge in refinery operations a significant plus.

• Strong industry knowledge and relationships with counterparts.

• Back office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus.

• Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State regulations a strong plus.

• Ability to work in a fast-paced, changing environment, deliver quickly and adapt to changing demands

• Outstanding organization skills -- ability to effectively manage multiple work efforts simultaneously

• Willingness and desire to learn new skills and take on new responsibilities

• Bachelor's Degree Master's Degree In finance, accounting or related field Master's in business administration or related field

Pay Range$182,300.00 - $291,500.00

The pay range for this position is outlined above. The final amount offered at the start of employment is determined based on factors including, but not limited to, experience level, knowledge, skills, abilities and geographic location, and the Company reserves the right to modify base salary at any time, including for reasons related to individual performance, Company or individual department/team performance and market factors.

Our Commitments to You

Competitive Pay - We offer competitive salaries and opportunities for growth within.

Health & Wellness - Medical, Dental, Visions and Life Insurance. Along with additional wellness support.

The Road Ahead - We offer 401k and a match component. We also provide tuition reimbursement; this benefit is offered after 6 months of service.

Professional Development - We value lifelong learning and have many internal development programs and access to other on-demand learning for continued career growth.

These commitments are offered to employees in permanent roles, as part of our support for long-term growth and success

What to Expect From the Hiring Process

A member of our Talent Acquisition team will review your application and may connect you with the hiring manager if your experience is a strong match.

Interviews are conducted virtually and in person, depending on the role. We'll provide more details about next steps if selected to move forward.

Global Partners LP is an equal opportunity employer. We foster a company culture where ideas from all people help us grow, move and thrive. We embrace the diversity of all applicants and do not discriminate against race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, protected veteran status or any other basis prohibited by federal, state or local law. If you have a disability and need an accommodation to apply, please contact our recruiting department at 781-747-9675 or 781-7GP-WORK.

Disclaimer. At Global Partners, we don't use lie detector tests for any employment decisions. We follow all the rules and regulations, so we need to let you know. In Massachusetts, it's illegal to require or administer a lie detector test as a condition of employment of continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.