Trader - Heavy Products

About the Role

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, operations, market conditions, and logistics to maximize economic margin consistent with safe refinery supply chain operations and MPC core values.

Responsibilities

• Develops and implements negotiating tactics and arranges the purchase and sale of Heavy Products based on refinery economics, market conditions, and logistical requirements.
• Ensures purchased and transferred intermediate feedstocks meet technical and refining parameters.
• Interacts with Traders, Schedulers, Refinery Feedstock Coordinators, Accountants, Engineers, Analysts, Legal, and other personnel across Commercial, Refining, Marketing, Product Quality, Transport & Logistics, Business Development, IT, and Finance & Commercial Services to stay informed on trading, logistics, and financial activities, prepare contracts, address queries, and develop strategies for optimizing value 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.
• Represents the Company at industry functions, stays updated on industry conditions, and maintains internal and external contacts related to Heavy Products trading.
• Maintains and communicates a relevant commodity pricing database for internal use daily.

Qualifications

• 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
• Marketing Strategies
• Negotiation
• Risk Management
• Strategic Planning

Location

San Antonio, TX or Houston, TX

Relocation

Yes

Travel

Estimated 10%

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

Location Address: 19100 Ridgewood Pkwy, San Antonio, Texas

Additional Location: Houston, Texas