Commercial Risk Analyst

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 independent oversight of trading performance and ensuring activities remain within defined boundaries set by the company.

An opportunity for an analyst in this team is now available. Working with the trading 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 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 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.

• Develops and maintains weekly and monthly analysis reports. These reports provide commercial leadership with the tools to enable better informed decisions and optimize commercial strategies.

• Develops and automates processes performing daily tasks more efficiently.

• Supports the Team on ad-hoc projects when appropriate

• Coordinates with IT Services and other organizations improving systems required to gather, analyze, and report risk management activities

REQUIREMENTS

EDUCATION

• Minimum bachelor's degree in Accounting, Finance, Economics, or related discipline required.

EXPERIENCE

• 2+ years industry experience in analysis of financial results and reporting (energy, trading, banking or capital markets).

• Industry experience within a financial analysis (or risk team) of a trading group for physical crude oil, refined products or natural gas preferred.

SPECIAL 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

• Innovative and comfortable with change and with challenging the status quo

• Strong Computer skills, particularly Excel

• Experience with Power BI and/or Tableau

This position grade may vary depending on candidate experience. 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:

Findlay, Ohio

Additional locations:

San Antonio, Texas

Job Requisition ID:

00012449

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 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