Trading Operations Analyst: Cargo P&L & Performance

Marathon Petroleum; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health, vision, and dental insurance

Paid time off

401k matching program

Paid parental leave

Educational reimbursement

Discretionary annual bonus program

Job summary

Marathon Petroleum in Houston, TX, seeks a Trading Operations Analyst within Middle Office to support cargo-level tracking and benchmarking for Clean Products. The role collaborates with Trading, Risk, and Product Supply to ensure cargo data are captured, priced, and valued consistently through the trade life cycle.

Responsibilities include developing benchmarking frameworks, calibrating KPIs for Operating P&L, and delivering P&L, risk, and performance reports.

Qualifications

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

Responsibilities

• Cross-functional collaboration with Commercial Trading, Risk, and FVC Product Supply teams to validate cargo-level data flows and ensure consistent valuation methodology 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.

Skills

Excel

Power BI

Right Angle

Education

Bachelor's degree

Tools

Right Angle

Job description

Marathon Petroleum in Houston, TX, seeks a Trading Operations Analyst within Middle Office to support cargo-level tracking and benchmarking for Clean Products. The role collaborates with Trading, Risk, and Product Supply to ensure cargo data are captured, priced, and valued consistently through the trade life cycle.

Responsibilities include developing benchmarking frameworks, calibrating KPIs for Operating P&L, and delivering P&L, risk, and performance reports.