Distillates Trading Director position at Marathon Petroleum Corporation.| United States Of America

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Marathon Petroleum Corporation Distillates Trading Director

Experience: 10-years

Pattern: full-time

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Houston, Texas....United States Of America

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. Position Summary Leads the global distillates trading portfolio across domestic and international markets. Responsible for optimizing margin through arbitrage strategies, structured term deals, and integration across logistics , planning, and trading execution. The Head of Distillates has four core objectives: Leads strategy and trading for diesel and jet fuel across North America and international markets, Structures spot/ term agreements and arbitrage strategies aligned with regional and global pricing, Coordinates with R efining, L ogistics, F uel s Value Chain s (FVC) and V alue Chain Optimization (VCO) to ensure flow assurance , quality compliance and owns desk-level performance through optimization and derivative hedging. Key Responsibilities Trading Strategy & Commercial Execution Set and own the global distillates trading strategy, allocating d omestic and i nternational d iesel and j et desks based on margin, volatility and regional demand Define and execute arb strategies and term structure for each regional commodity desk Support renewable diesel placement and LCFS/RIN strategy for diesel pools Optimize crack spreads and basis trades across inland vs. coastal markets, balancing physical flow constraints Structure and negotiate purchase s and sale s, aligning with refinery and terminal capabilities Coordinate the use of derivatives (spreads, swaps, futures) to hedge regional exposures and protect margin Market Intelligence & Analytics Monitor regional price differentials, crack differentials ( e.g. ULSD vs. crude), and seasonality for real‑ time decision support Partner with Analytics/VCO /FVC’s to embed market outlook into the planning cycle to improve decision making Sponsor continuous enhancement of distillates quality-arb activities and analytics Engage in performance management by assessing trading actuals vs. planning benchmarks and recalibrate strategy to hit margin and volume goals Assist in t rack ing KPIs such as regional crack capture and desk‐ specific basis performance Asset Coordination & Product Specification Management Coordinate with Refining, Terminals , Scheduling and MPLX to align distillates flow plans, storage logistics and off‐ take scheduling Manage quality/spec constraints (e.g., cetane, aromatics , cold flow) and regrade options Oversee inventory placement to optimize trading around market structure Ensure compliance with product specs, regulatory requirements and regional fuel mandates Risk, Compliance & Counterparty Engagement Collaborate with the Risk/Middle Office and the wider Finance function to design compliant hedging frameworks and approve term deals against credit limits Define hedge objectives and risk limits Partner with the Financial Trading desk for execution of broader financial portfolio trading and exposure management Build and maintain relationships with major suppliers and end‑ users in distillates markets globally Structure transactions to balance credit, counterparty reliability , economics and regulatory compliance Coordinate with Middle Office to ensure accurate P&L attribution and daily risk reporting Cross-Functional Interfaces Work closely with Origination, FVC’s, VCO and cross - commodity trading teams to align term volumes, hedges and customer deliveries Engage with the company - wide support functions including , but not limited to Legal, Regulatory, Compliance, Contracts, Risk, IT and Credit Leadership & Capability Development Build and coach a high‑ performing global distillate trading team across multiple US offices , along with Singapore and London Foster data‑ driven decision making, disciplined risk management and cross ‑ desk collaboration Identify and develop future desk leads and ensure robust succession planning Foster development of employees interested in trading and commercial roles Core Competencies: Commercial & Financial Acumen Expert in understanding fundamental and financial drive rs in the global distillate markets. Proficient in physical market and financial trading, along with structured deal negotiation Adept in cross - commodity financial markets, including cracks and other inter-commodity spreads Uses derivatives to hedge and monetize regional basis and quality arbitrage Strategic Vision & Systems Thinking Aligns regional desks to an integrated enterprise trading strategy Embeds trading insights into long-term margin capture plans Operational Excellence & Supply Chain Expertise Oversees inventory and product spec management within logistical constraints Collaborates with other MPC functions to enable physical trade execution Risk Management & Resilience Allocates hedge limits, manages risk exposures, and ensures counterparty compliance Oversees daily P&L attribution and exception management Digital & Analytical Fluency Expert understanding of supply & demand, macroeconomics and geopolitical drivers within the global distillate markets Applies basic and advanced analytics to optimize trading decisions against market signals Education and Experience Required: Bachelor’s degree required; 10 years of trader or related commercial experience , with a proven track record across multiple geographies Preferred: At least 5 years managing global distillates P&L Demonstrated leadership of regional and global distillate desks Prior experience in other refined products or crude markets Experience in both physical and paper markets Strong understanding of quality arbitrage, regrade strategies, and regulatory program compliance Proven track record structuring cycle‑ tested arb strategies and term supply agreements Strong stakeholder leadership with cross-functional and customer-facing responsibilities Strong understanding of physical logistics, regrade mechanics and spec compliance Location : Houston, TX Relocation : Available Estimated Travel : Approximately 10% of the time As an energy industry leader, our career opportunities fuel personal and professional growth. Location: Houston, Texas Additional locations: Job Requisition ID: 00018830 Location Address: 500 Dallas St Ste 2900 Education: 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 talentacquisition@marathonpetroleum.com . 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 https://mympcbenefits.com .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.

Distillates Trading Director job opportunity at Marathon Petroleum Corporation.

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