Marathon Petroleum: Distillates Trading Director - Houston, TX

Role Overview

As the Distillates Trading Director at Marathon Petroleum in Houston, Texas, you will be at the forefront of our global distillates trading operations. This pivotal role requires a seasoned professional with deep expertise in distillates markets (diesel and jet fuel), arbitrage strategies, and risk management. You will lead a team responsible for optimizing margin, managing exposures, and ensuring compliance with regulatory requirements. The ideal candidate will possess a strong commercial acumen, exceptional analytical skills, and the ability to thrive in a dynamic and fast-paced environment.

A Day in the Life

Each day as a Distillates Trading Director will present unique challenges and opportunities. You might start your day reviewing overnight market movements and assessing their potential impact on our trading positions. You'll collaborate with regional desk managers to refine trading strategies and identify arbitrage opportunities. A significant portion of your time will be dedicated to negotiating contracts, managing relationships with key counterparties, and coordinating with internal stakeholders, including refining, logistics, and finance teams. You'll also be responsible for monitoring risk exposures, ensuring compliance with trading policies, and providing guidance to your team.

Example daily activities may include:

• Analyzing market data to identify trading opportunities.
• Developing and implementing trading strategies.
• Negotiating contracts with counterparties.
• Monitoring risk exposures.
• Coordinating with internal stakeholders.
• Managing and mentoring a team of traders.
• Ensuring compliance with trading policies and regulatory requirements.

Why Houston, Texas?

Houston is the energy capital of the world, making it an ideal location for a career in the oil and gas industry. The city boasts a thriving economy, a diverse population, and a high quality of life. Marathon Petroleum's presence in Houston provides access to a vast network of industry professionals, cutting-edge technology, and ample opportunities for career advancement. In addition to its professional advantages, Houston offers a vibrant cultural scene, world-class dining, and a wide range of recreational activities.

Career Path

The Distillates Trading Director role offers a rewarding career path within Marathon Petroleum. Successful performance in this role can lead to opportunities for advancement to senior leadership positions within the trading organization, such as Vice President of Trading or Head of Global Commodities. Marathon Petroleum is committed to developing its employees and provides numerous opportunities for training, mentorship, and professional development.

Salary & Benefits

Marathon Petroleum offers a competitive salary and benefits package commensurate with experience and qualifications. The estimated salary range for this role is $180,000 - $350,000 per year. In addition to base salary, employees are eligible for a performance-based bonus program. The benefits package includes comprehensive health insurance, a generous paid time off policy, a retirement savings plan with company match, and other valuable benefits.

MPC Culture

Marathon Petroleum is committed to fostering a culture of innovation, collaboration, and respect. The company values diversity and inclusion and provides equal opportunities for all employees. MPC encourages employees to contribute their unique perspectives and ideas, and the company invests in training and development to help employees reach their full potential. MPC also has a strong focus on safety, and employees are expected to adhere to the highest standards of safety in all aspects of their work.

How to Apply

Interested candidates are encouraged to apply online through the Marathon Petroleum careers website. The application process typically involves submitting a resume and cover letter, completing an online assessment, and participating in interviews with hiring managers. Be prepared to discuss your experience in distillates trading, your knowledge of market dynamics, and your leadership skills.

FAQ

1. What are the key responsibilities of the Distillates Trading Director?

   The Distillates Trading Director is responsible for leading the global distillates trading portfolio, developing and executing trading strategies, managing risk exposures, and ensuring compliance with regulatory requirements.

2. What qualifications are required for this role?

   A Bachelor's degree in Finance, Economics, Engineering, or a related field is required, along with 10+ years of experience in distillates trading or related commercial roles.

3. What skills are essential for success in this role?

   Essential skills include deep knowledge of distillates markets, trading strategy development, risk management, negotiation, and leadership.

4. What is the salary range for this position?

   The estimated salary range for the Distillates Trading Director is $180,000 - $350,000 per year.

5. What benefits does Marathon Petroleum offer?

   Marathon Petroleum offers a comprehensive benefits package, including health insurance, paid time off, a retirement savings plan, and tuition reimbursement.

6. What is the company culture like at Marathon Petroleum?

   Marathon Petroleum fosters a culture of innovation, collaboration, and respect, with a strong emphasis on safety and diversity.

7. What are the opportunities for career advancement in this role?

   Successful performance in the Distillates Trading Director role can lead to opportunities for advancement to senior leadership positions within the trading organization.

8. Where is the position located?

   The position is located in Houston, Texas.

9. How do I apply for this position?

   Interested candidates can apply online through the Marathon Petroleum careers website.

10. What is the typical interview process for this role?

    The interview process typically involves submitting a resume and cover letter, completing an online assessment, and participating in interviews with hiring managers.