Senior Power Trader

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profile Job Location:

San Antonio, TX - USA

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

An exciting career awaits you


At MPC were 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

The Senior Power Trader will maximize value from cogeneration assets and broader ERCOT consumption. This role will actively manage volatility and margin targets focusing on spark spread optimization and creating incremental value. The trader will operate within a disciplined risk framework (limits governance reporting) partnering closely with operations and risk/control functions to ensure compliance. This is a growth role expected to help develop and scale financial power trading capabilities over time to expand the organizations value capture toolkit.

Key Responsibilities

  • Act as a market intelligence provider and proactively engage with internal and external stakeholders to pursue opportunities.

  • Contribute to a high quality of shared understanding of market opportunities trends and value potential

  • Establish meaningful commercial relationships with key power generator personal

  • Analysis of analytical themes across US power markets including the identification and impact of fundamental changes

  • Represent Marathon on trade associations to advocate for MPCs interests in the Power industry and to also act as a conduit to internal stakeholders

  • Observing and strictly complying with all regulatory guidelines

  • Build and manage a power optimization tool for MPCs power assets across the US (ERCOT experience preferred)

  • Streamline and enhance the product array and functionality of the Power desk including management of asset optimization and all facets included: forecasting intraday trading balancing

  • Responsible for the execution and maintenance of fundamental power market models

  • Articulate a Point-of-View with clear risk/reward metrics

  • Work with other supporting functions (Regulatory Finance Legal Compliance HSSE) as applicable

  • Coaching & educating colleagues including those on other teams

Education and Experience

MINIMUM QUALIFICATIONS:

  • Bachelors 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).

Preferred Experience:

  • Prioritization skills distinguishing between urgent important and essential

  • Experience in energy finance and/or trading industries

  • Knowledge of the US Power market fundamentals and intermediate knowledge of US Gas markets

  • Knowledge of the regulatory environment

  • Advanced commercial contracting skills

  • Experience negotiating with utilities

  • Market Analysis/Planning

  • Strong track record of analytical skills and insights

  • Excellent written and verbal communication skills as report preparation and subsequent interaction with traders are a significant aspect of this role

  • Ability to analyze compare contrast evaluate and judge with ease

  • This role requires an ability and willingness to quickly understand and act upon commercial opportunities often under significant time pressure

  • Proactive approach and mind set to propose and drive improvement and changes.

  • Sound understanding of credit market and financial risk

  • Experience and appreciation of purposeful collaboration

Skills

Accountability

Commercial Awareness

Communication

Contract Management

Customer-Focused

Data Analysis

Decision Making

Entrepreneurship

Leadership &

Mentoring

Marketing Strategies

Negotiation

Risk Management

Strategic Planning

Trading (phys and fin)

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:

San Antonio Texas

Additional locations:

Houston Texas

Job Requisition ID:

Location Address:

19100 Ridgewood Pkwy

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
. 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 reviewing criminal history in connection with a conditional offer of employment Marathon will consider the key responsibilities of the role.


Required Experience:

Senior IC

An exciting career awaits youAt MPC were 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 SummaryThe Senior Power Trader will maximize value from cogeneration assets and bro...
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