Crude Trader

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)