Trader - Heavy Products

Marathon Petroleum; San Antonio (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Marathon Petroleum's Heavy Products Trading team within ST&O seeks a driven Trader/Senior Trader to negotiate pricing and terms for purchases and sales of vacuum gasoil, fuel oil and slurry. You will maximize margin while ensuring refinery safety and compliance, collaborating with schedulers, engineers, and finance to optimize value.

The role emphasizes strong financial acumen, negotiation and communication skills, with relocation to San Antonio or Houston and about 10% travel.

Qualifications

• Bachelor's degree with trading/marketing experience preferred.
• Experience in profit/loss responsibility for product trading (3+ years for Trader, 5+ years for Senior Trader).
• Strong financial acumen and interpersonal skills are essential.

Responsibilities

• Develops negotiating tactics and arranges purchases/sales of Heavy Products.
• Ensures feedstocks meet technical and refining parameters.
• Interacts with Traders, Schedulers, Engineers, Finance, Legal and other teams to optimize value.

Skills

Accountability

Commercial Awareness

Communication

Contract Management

Customer-Focused

Data Analysis

Decision Making

Entrepreneurship

Mentoring People

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

Heavy Products Trading is part of Supply, Trading, and Origination (ST&O) a cross-functional organization that purchases/sells, plans, transports, and accounts for Heavy Products including Vacuum Gasoil, Fuel Oil and Slurry.

Heavy Products Traders interface externally to negotiate pricing and terms for the purchase and sale of various streams as dictated by refinery economics, refinery operations, market conditions, and logistics to maximize economic margin consistent with safe refinery supply chain operations and other MPC core values.

This trading position is a role for a highly motivated individual that has a strong aptitude and a keen interest for a commercial career. Ideal candidates should possess a strong financial acumen and interpersonal skills. This role will provide an opportunity for the successful candidate to gain an understanding of the Heavy Products supply & trading business, while performing a complex and critical function.

Key Responsibilities

• Develops and implements negotiating tactics and arranging the purchase and sale of Heavy Products as dictated by refinery economics, market conditions and logistical requirements.
• Ensures purchased and transferred intermediate feedstocks meet technical and refining parameters.
• Interacting with Traders, Schedulers, Refinery Feedstock Coordinators, Accountants, Engineers, Analysts, Legal and other personnel in Commercial, Refining, Marketing, Product Quality, Transport & Logistics, Business Development, IT and Finance & Commercial Services and elsewhere. These interactions will be required to stay abreast of trading, logistical and financial activity, prepare contracts, address information queries, initiate, recommend, develop, and implement existing and new acquisition or sales strategies for achieving optimum value added from Heavy Products purchases, sales, and logistics.
• Evaluates and executes discretionary trade and business development opportunities beyond the core business (storage, blending, freight deals).
• Manages basis commodity exposure and/or physical inventory position to maximize market structure value within operational constraints in collaboration with Refining, Scheduling, and Finance groups within assigned area.
• 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 Heavy Products trading.
• Maintains and communicates relevant commodity pricing database for internal use on a daily basis.

Education and Experience

• Trader – Bachelor's degree required; Three (3) or more 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 – Bachelor's degree required; Five (5) or more years of experience in Trading or Marketing including profit/loss responsibility for Product Trading, Contract Negotiation and Scheduling (rail, truck, vessel and pipe).

Skills

• Accountability
• Commercial Awareness
• Communication
• Contract Management
• Customer-Focused
• Data Analysis
• Decision Making
• Entrepreneurship
• Mentoring People
• Marketing Strategies
• Negotiation
• Risk Management
• Strategic Planning

Location: San Antonio, TX or Houston, TX

Relocation: Yes

Estimated Travel: 10%

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

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location: San Antonio, Texas

Additional locations: Houston, Texas

Job Requisition ID: 00024313

Location Address: 19100 Ridgewood Pkwy

Education: Bachelors (Required)

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.