Senior NGL Trading Operations Analyst at Marathon Petroleum: A Comprehensive Overview

Role Overview

The Senior NGL Trading Operations Analyst role at Marathon Petroleum (MPC) in Houston, Texas, is a pivotal position within the NGL Trading team. This role demands a highly motivated individual with strong analytical skills and a keen interest in developing a commercial or trading career. The primary responsibility is to provide commercial, market, and analytical insights to support domestic trading and MPC's growing international export business. The analyst will work closely with traders executing physical purchases, sales, buy-sells, and exchanges for propane, normal butane, isobutane, and naphtha, as well as financial derivatives used to manage NGL price risk.

A Day in the Life

A typical day for the Senior NGL Trading Operations Analyst involves a diverse range of tasks, including:

• Monitoring and Analyzing Market Data: Tracking NGL market prices, supply and demand dynamics, and geopolitical events that may impact trading strategies.
• Supporting Trading Activities: Assisting traders with executing trades, managing positions, and ensuring compliance with regulatory requirements.
• Developing and Maintaining Models: Creating and updating supply/demand models and profit & loss statements to inform trading decisions.
• Preparing Reports: Generating weekly, monthly, and quarterly reports for management, including exposure summaries, risk metrics, and operational performance metrics.
• Collaborating with Internal Teams: Working with Commercial Risk, Operations, Producers, and Customers to reconcile differences and optimize supply and trading execution.
• Evaluating New Opportunities: Supporting the evaluation and modeling of new business opportunities and strategic initiatives.
• Interfacing with Back- and Mid-Office: Collaborating with back- and mid-office teams on customer setup, reconciliation of commercial activity, and issue resolution.

Why Houston, Texas?

Houston, Texas, is the energy capital of the world, making it an ideal location for a career in the oil and gas industry. MPC's presence in Houston provides the Senior NGL Trading Operations Analyst with access to a vast network of industry professionals, cutting-edge technologies, and numerous career advancement opportunities. Houston's diverse economy and vibrant cultural scene also offer a high quality of life for professionals and their families.

Career Path

The Senior NGL Trading Operations Analyst role serves as a stepping stone to various career paths within MPC, including:

• Trader: Progress to managing a trading book and executing trades to maximize profitability.
• Commercial Manager: Oversee commercial activities, develop business strategies, and manage relationships with key customers and partners.
• Risk Manager: Assess and manage financial and operational risks associated with NGL trading activities.
• Market Analyst: Specialize in analyzing market trends and providing insights to inform trading decisions.

Salary & Benefits

The estimated salary range for the Senior NGL Trading Operations Analyst position in Houston, Texas, is between $110,000 and $170,000 per year. MPC offers a comprehensive benefits package, including:

• Comprehensive health insurance (medical, dental, vision)
• Generous paid time off (vacation, sick, holidays)
• 401(k) retirement plan with company match
• Employee stock purchase plan
• Life insurance and disability coverage
• Flexible spending accounts (FSA) for healthcare and dependent care
• Health savings account (HSA) options
• Wellness programs
• Employee assistance program (EAP)
• Tuition reimbursement
• Professional development opportunities
• Relocation assistance (if applicable)

MPC Culture

Marathon Petroleum is committed to fostering a collaborative, inclusive, and innovative work environment. The company values diversity, encourages new ideas, and invests in the development of its employees. MPC's culture is built on a foundation of integrity, safety, and environmental stewardship.

How to Apply

Interested candidates can apply for the Senior NGL Trading Operations Analyst position 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 and team members.

Frequently Asked Questions (FAQ)

1. What are the key skills required for this role? Strong analytical, communication, and organizational skills are essential, along with a solid understanding of NGL markets and trading operations.
2. What is the typical career path for this position? The role can lead to opportunities in trading, commercial management, risk management, or market analysis.
3. What is the company culture like at Marathon Petroleum? MPC fosters a collaborative, inclusive, and innovative work environment with a strong emphasis on integrity and safety.
4. What kind of training and development opportunities are available? MPC offers tuition reimbursement, professional development programs, and on-the-job training to support employee growth.
5. What is the work-life balance like? MPC strives to provide a healthy work-life balance for its employees, with flexible work arrangements available in some roles.
6. What are the opportunities for advancement? MPC is a large company with many internal opportunities for advancement.
7. What is the interview process like? The interview process typically involves multiple rounds of interviews, including behavioral and technical assessments.
8. What is the company's commitment to diversity and inclusion? MPC is committed to creating a diverse and inclusive workplace where all employees feel valued and respected.
9. What is the company's approach to sustainability? MPC is committed to environmental stewardship and sustainable business practices.
10. What is the company's response to work life balance? MPC offers a hybrid work environment.