Senior Commercial Risk Analyst - Power

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 plays a critical role in supporting Marathon’s Supply and Trading functions by providing independent oversight of market risk and trading performance. The team delivers value through the measurement and reporting of market risk associated with commercial trading and hedging activities, as well as through in-depth financial analysis and reporting. This role is essential to understanding daily trading performance and ensuring the organization captures value from its supply and trading operations, leveraging strong financial expertise and commercial acumen.

The team ensures that financial results are aligned with prevailing market conditions, offering an independent perspective on trading outcomes and confirming that activities remain within defined risk limits and governance frameworks.

As part of the Commercial Risk team, this role will support the expansion of the Power trading platform. The Commercial Power team is undergoing a strategic shift, transitioning from reliance on third-party providers to managing power trading activities in-house. This transformation includes expanding the commercial team and partnering with IT to implement an Energy Trading and Risk Management (ETRM) system to support daily transaction management.

We are seeking a Senior Commercial Risk Analyst with demonstrated experience in Power Trading, either within a Front Office or Middle Office environment, to support this growing area and contribute to the continued evolution of the platform.

Key Responsibilities

• Partner with IT to support the design and development of the Power trading platform, including implementation of the Power ETRM system.
• Design and implement the risk reporting framework for daily monitoring of Power trading activities.
• Perform daily financial analysis of system-generated mark-to-market (MtM) trading results and produce reports on priced positions and portfolio performance.
• Collaborate cross-functionally with key stakeholders, including Accounting, Refining Operations, Schedulers, and Traders.
• Develop and enhance processes and controls to ensure accurate and timely priced position reporting.
• Validate inputs to MtM calculations for accuracy and compliance with established policies; test and onboard new data sources to improve efficiency and data quality.
• Develop, maintain, and enhance analytical reports, and perform ad hoc analysis in support of senior management.
• Provide clear, concise explanations of risk exposures and key drivers impacting portfolio performance and related strategic decisions.
• Support team initiatives and ad hoc projects, including internal and external audit requests.
• Partner with Accounting and Finance (BP&A) to reconcile and explain variances between risk management and financial reporting.
• Maintain and deliver weekly and monthly analytical reporting packages.

Education and Experience

• Bachelor’s degree in Accounting, Finance, Economics, or related discipline required.
• Four (4) or more years of experience in analysis of financial results and reporting and/or experience in refinery or supply operations.
• 2+ years of demonstrated experience trading or risk managing Power trading activities.
• Ability to use and create Power BI reports preferred.
• Preferred experience setting up Power related ETRM.

Skills & Competencies

Accountability, Adaptability, Authentic Communicator, Continuous Learning, Critical Thinking, Data Analysis, Decision Making, Results Driven, Risk Management, Teamwork

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

Houston, Texas

Additional locations:

San Antonio, Texas

Job Requisition ID:

00021879

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.