Crude Trader
Company | Marathon Petroleum |
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Location | Houston, TX, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Mid Level, Senior |
Requirements
- 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)
Responsibilities
- Source and procure lease crude from producers in the Four Corners and Permian regions.
- Build and maintain strong relationships with producers, marketers, midstream partners, and counterparties.
- Negotiate and execute term and spot purchase, sale, and exchange agreements to maximize commercial value.
- Develop and implement negotiation tactics aligned with sales and supply strategies.
- Coordinate with logistics and scheduling teams to manage truck, pipeline, and gathering system movements.
- Monitor and analyze market conditions, including regional supply/demand dynamics, crude differentials, and pricing trends.
- Evaluate crude quality and compatibility to ensure downstream marketability and blending value.
- Manage basis exposure and physical inventory positions to capture market structure opportunities within operational constraints.
- Identify and pursue discretionary trade and business development opportunities (e.g., blending, storage, freight deals).
- Optimize transportation and storage assets in collaboration with key internal stakeholders.
- Collaborate across the value chain (e.g., Legal, Credit, Finance, Accounting) to support commercial execution, compliance, and contract administration.
- Maintain accurate records of transactions, pricing structures, volumes, and contracts.
- Prepare and present periodic market updates, trading performance, and competitive intelligence to leadership.
- Support the development and execution of regional supply strategies and infrastructure projects.
Preferred Qualifications
- Accountability
- Commercial Awareness
- Communication
- Contract Management
- Customer-Focused
- Data Analysis
- Decision Making
- Entrepreneurship
- Leadership & Mentoring
- Marketing Strategies
- Negotiation
- Risk Management
- Strategic Planning