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 

Crude 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 Responsibilities  

 

Develops and implements negotiating tactics to complement planned sales/supply strategies and to increase the efficiency of such activities. 

Continuously reviews market conditions and the short-term supply and sales plans; recommends and implements changes to the plan to optimize overall value to MPC (product yield shifts, sales channel shifts, import/export changes, etc.). 

 Evaluates and executes discretionary trade and business development opportunities beyond the core business (storage, blending, freight deals).Initiates and completes negotiations and executes or recommends execution of deals (purchase, exchange, and sale contracts) that maximize economic benefits to the company. 

Builds and maintains internal and external relationships with counterparties and business partners. 

Prepares periodic reports on market activities and supply/demand or competitive developments. 

Collaborates with the value chain and various members of the extended business team (Credit, Legal, Accounting, etc.) to stay abreast of trading, logistical and financial activity, meet regulatory requirements, prepare contracts, address information queries, and develop acquisition/sales strategies to achieve optimum value. 

Participates in the negotiation or development of commercial resolutions impacting trading desk (e.g., disputes, claims, etc.). 

 Analyzes and anticipates market conditions to optimize economic value added from purchases, sales, and exchanges in the short-term. 

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. 

Optimizes transportation and storage asset utilization, while managing costs and maximizing economic benefit in collaboration with key stakeholders with a focus on short term. 

This dynamic trading role will support MPC’s Global book that encompasses foreign and domestic execution, US crude exports and supply the US refining system.

Education and Experience 

Trader 

Bachelor’s degree in business, finance, marketing, economics, accounting, or related field of study 

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 in business, finance, marketing, economics, accounting, or related field of study 

5 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) 

 

*** 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.*** 

Relocation: Available

Travel: ~10%

Location: Houston

Skills 

Accountability  

Commercial Awareness  

Communication  

Contract Management  

Customer-Focused  

Data Analysis  

Decision Making  

Entrepreneurship  

Leadership & Mentoring  

Marketing Strategies  

Negotiation  

Risk Management  

Strategic Planning  

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

Location:

Houston, Texas

Additional locations:

Job Requisition ID:

00016230

Location Address:

500 Dallas St Ste 2900

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.  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 talentacquisition@marathonpetroleum.com. 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 https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.

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.