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Location Name: San Antonio, TX 
Job/Requisition ID: [[id]] 
Location Address: 19100 Ridgewood Park, San Antonio, TX, United States (US), 78259
Education Level: Bachelor's Required 
Relevant Experience Level: Entry Level (1-3 Years) 
Employee Group: Regular - Full Time
Employee Subgroup: Salaried Exempt

 

POSITION SUMMARY:

The Risk Control team supports Marathon’s Supply and Trading functions. The team adds value to the business 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 that 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 that the financial results align with what is happening in the markets thereby providing independent oversight of trading performance and ensuring that activities remain within the defined boundaries set by the company.

An opportunity for an analyst in this team is now available in Marathon’s San Antonio office. Working on the trading floor as part of the team, you will be assigned a portfolio of supply and trading activity and will be engaged with a front office team that include traders and schedulers.

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 to 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 up future opportunities to join commercial teams to supply and trade commodities in an exciting and expanding company and industry.

 

KEY RESPONSIBILITIES:

  • Reports and validates portfolio daily position and MTM (Marked to Market) reports.  Assists with troubleshooting and analytics of the portfolio’s returns
  • Performs financial analysis on the trading performance profit and loss and issues reports on the portfolio position and results. 
  • Collaborates with other team members and other stakeholders including, Accounting, Refining Operations, Schedulers and Traders to design and enhance processes and procedures to enable accurate and timely exposure information.
  • Validates pricing methodologies for accuracy and consistency with policies and procedures.
  • Tests and validates new data sources to enable faster and more accurate compilation of position data.
  • Develops and maintains weekly and monthly analysis reports. These reports provide the commercial leadership with the tools to enable better informed decision and to optimize commercial strategies.
  • Develops and automates processes to more efficiently perform daily tasks.
  • Support the Risk Control team on ad-hoc projects when appropriate. 

 

EDUCATION & EXPERIENCE:

  • Minimum bachelor's degree in Accounting, Finance, Economics or related discipline required.
  • 1-year industry experience in deep independent analysis of financial results and reporting (energy, trading, banking or capital markets preferred but not essential).
  • 1-year risk assessment experience in energy trading, banking or capital markets preferred.
  • Experience within a risk  or trading group for physical crude oil, refined products or natural gas preferred.

 

SKILLS: 

  • Detailed oriented
  • Ability to handle multiple projects and work in a fast moving, deadline driven environment
  • Strong interpersonal skills. Ability to build a rapport with others within the team and across disciplines
  • Self-motivated and ability to deliver results with minimal supervision
  • Demonstrated understanding of market exposure and mark-to-market reporting is a plus
  • Innovative and comfortable with change and with challenging the status quo
  • Strong Computer skills, particularly Excel
  • Experience with Tableau is a plus

 

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


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About Marathon Petroleum Corporation

 

Marathon Petroleum Corporation is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation’s largest refining system with more than 3 million barrels per day of crude oil capacity across 16 refineries. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. Speedway LLC, a Marathon Petroleum subsidiary, owns and operates retail convenience stores across the United States. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company which owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.


Travel Expected: Up to 10%

 

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, 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.
 

Equal Opportunity Employer: Veteran / Disability
 

Marathon Petroleum Company LP participates in the E-Verify program in some states in which it operates (including AL, AZ, GA, MS, NC, SC, TN, and UT). For more information before proceeding, please see details in English or Spanish. Right to Work Statement English or Spanish.


Nearest Major Market: San Antonio

Job Segment: Risk Management, Supply, Finance, Operations, Entry Level