Sr. Crude Trader at Marathon Petroleum Corporation

An exciting career awaits youAt MPC were 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 SummaryCrude Oil Trading is part of Global Feedstocks Value Chain (GFVC) a cross-functional organization that purchases/sells plans transports and accounts for crude oil and other refinery feedstocks. Crude Oil Trading has personnel located in the United States Canada Singapore and the UK.Crude Oil Traders interface externally to negotiate pricing and terms for the purchase and sale of Crude Oil as dictated by refinery economics market conditions and logistics to maximize economic margin consistent with safe refinery supply chain operations and other MPC core values.This trading position is for a highly motivated individual that has a strong aptitude and a keen interest for a commercial career. This role will provide an opportunity for the successful candidate to gain an understanding of the crude oil supply business while performing a complex and critical function.Key ResponsibilitiesDevelops and implements negotiating tactics and arranging the purchase and sale of crude oil as dictated by refinery economics market conditions and logistical requirements.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 crude oil purchases sales and logistics.Evaluates and executes discretionary tradeand business development opportunitiesbeyond the core business (storage blendingfreight deals).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 crude oil trading.This dynamic trading role will support MPCs Global book that encompasses foreign and domestic execution US crude exports and supply the US refining system.Continuously reviews market conditions andthe short- and medium-term supply and salesplans; recommends and implements changesto the plan to optimize overall value to MPC(product yield shifts sales channel shiftsimport/export changes etc.)Optimizes transportation and storage assetutilization while managing costs andmaximizing economic benefit in collaborationwith key stakeholders with a focus on short andmedium term.Education and ExperienceSenior TraderBachelors degree in business finance marketing economics accounting or related field of study5 or more years of experience in a commercial role trading or marketing including profit/loss responsibility for crude trading contract negotiation and scheduling (rail truck and pipe)Relocation: AvailableEstimated Travel: 10%Location Houston TX*** This position is part of a job family with multiple grade levels. 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:Houston TexasAdditional locations:Job Requisition ID:Location Address:500 Dallas St Ste 2900Education:Employee Group:Full timeEmployee Subgroup:RegularMarathon 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. If you would like more information about your EEO rights as an applicant click here.If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP please contact our Human Resources Department at . Please specify the reasonable accommodation you are requesting along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes but is not limited to access to health vision and dental insurance paid time off 401k matching program paid parental leave and educational reimbursement. Detailed benefit information is available at.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.Equal Opportunity Employer: Veteran / DisabilityWe 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 reviewing criminal history in connection with a conditional offer of employment Marathon will consider the key responsibilities of the role.Required Experience:Senior IC Employment Type : Full-Time Experience: years Vacancy: 1