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.
SUMMARY
The Commercial Risk team supports Marathon's Supply and Trading functions. The team adds value by measuring and reporting market risk as it relates to commercial trading and hedging activity as well as by performing financial analysis and reporting. The role is critical to understanding daily trading performance and ensuring the organization is deriving value from its supply and trading operations using deep financial analysis skills coupled with a strong commercial acumen. The team ensures financial results align with market conditions thereby providing an independent oversight of trading performance and ensuring activities remain within defined boundaries set by the company.
As part of the team, you will expand your understanding of the oil energy markets. This will include how various oil commodities are priced and how purchase and sale transactions and related transportation costs impact the associated trade. You will also develop a deeper appreciation of how financial instruments are used to hedge and used to minimize the risks associated with the physical side of the transactions. You will gain a better understanding of the concept of price exposure and of Marked to Market (MtM) methodologies and how they apply to the oil energy markets. This role opens future opportunities to join commercial teams to supply and trade commodities in an exciting and expanding company and industry.
Key Responsibilities
+ Performs daily financial analysis on system generated daily MtM (Market to Market) trading performance and issues reports on the portfolio priced position and results.
+ Collaborates with other team members and stakeholders including Accounting, Refining Operations, Schedulers and Traders, designing and enhancing processes and procedures to enable accurate and timely priced position information.
+ Validates inputs to MtM results for accuracy and consistency with policies and procedures, tests and validates new data sources enabling faster and more accurate compilation of position data.
+ Maintains weekly and monthly analysis reports
Education and Experience
+ Bachelor's degree in Accounting, Finance, Economics, or related discipline required
+ Zero (0) to two (2) years of experience in analysis and reporting of supply and trading portfolios.
Skills
Accountability
Adaptability
Authentic Communicator
Continuous Learning
Critical Thinking
Data Analysis
Decision Making
Results Driven
Risk Management
Teamwork
Location: Findlay, OH
Estimated Travel: Limited
As an energy industry leader, our career opportunities fuel personal and professional growth.
Location:
Findlay, Ohio
Additional locations:
Job Requisition ID:
00019375
Location Address:
539 S Main St
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. If you would like more information about your EEO rights as an applicant, click here ( . If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at
[email protected] . Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at .The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program. Equal Opportunity Employer: Veteran / Disability
We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.
About Marathon Petroleum Corporation
Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.