Senior Trader NGLs & Petrochemicals

An exciting career awaits you

At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.

This Trading Position executes physical & financial trading strategies across NGLs and Petrochemicals to manage risk and capture margin opportunities. The role balances asset‑backed trading strategies and hedge execution with discretionary overlays, leveraging analytics and market insights to optimize outcomes of the NGL portfolio.

NGL & Petrochemicals Trader has two primary objectives:

• Execute physical and financial NGL Petrochemical trading strategies across physical volumes, futures, swaps, and options to deliver incremental margin
• Manage book‑level exposure with disciplined adherence to limits and controls

• Build and trade MPC’s physical and financial NGL and Petrochemical portfolio in the US markets
• Enter and manage derivative positions across NGL and Petrochemical exchanges and OTC
• Align hedging overlays with book‑level physical exposures and risk appetite
• Execute discretionary spreads and options structures within delegated authority

• Operate within approved position limits, liquidity, and stress limits and record exceptions per policy
• Partner with Middle Office to validate mark‑to‑market, P&L attribution, and limit usage
• Ensure compliance with governance protocols and exchange trading rules

• Build and maintain strong relationships with NGL and Petrochemical partners and counter parties in US markets
• Prepare periodic reports on market activities and competitive developments to ensure MPC remains a competitive player

• Use curve analytics, signals, and fundamentals to inform entries and exits as well as to optimize economic value added from short‑term NGL purchases, sales, and exchanges
• Maintain trade journals and post‑trade reviews to institutionalize learning

• Engage with analytics to improve models, pricing tools, and dashboards
• Coordinate with NGL and Petrochemical marketing & scheduling teams to align on supply forecasts, transaction structures, transport feasibility, and delivery timing to maximize market structure value
• Coordinate volume allocation for NGL and Petrochemical within respective trading & marketing groups (e.g., volume for trading, contractually obligated volumes, refinery needs, etc.)
• Collaborate with Supply, Trading, & Origination and NGL and Petrochemical Marketing teams to develop overall portfolio exposure view and align financial and physical positions

• 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).

• Commercial & Financial Acumen
• Execution Discipline
• Risk Mindset
• Analytical Fluency
• Decision Making
• Entrepreneurship

Location:

Houston, TX

Estimated Travel:
Up to 10%

This position is part of a job family with multiple grade levels. The successful candidate will be placed at a level commensurate with experience and qualifications.

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

Houston, Texas

Additional locations:

Job Requisition :

Location Address: 500 Dallas St Ste 2900

Education:

Bachelors (Required)

Employee Group:
Full time

Employee Subgroup:
Regular

Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision‑making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws.

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