Senior Trader – Natural Gas

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

We are seeking a senior natural gas trader to lead our physical market strategy across Waha and the Gulf Coast. The role centers on capturing regional spreads, optimizing storage optionality, and managing physical gas flows while maintaining strict adherence to company risk policies. The trader will build and oversee risk frameworks and best practices, drive analytical rigor, and provide strategic market insight to senior leadership. Teamwork and collaboration are essential, as the trader will work closely with scheduling and may be expected to backfill or assist in scheduling responsibilities as needed. This is a high-visibility position requiring proven commercial performance, deep market expertise, and strong governance discipline.

Key Responsibilities

• Trade and optimize Waha to Gulf Coast spreads, capturing basis and arbitrage opportunities.

• Develop and execute storage strategies, maximizing value from injections, withdrawals, and time spreads.

• Oversee physical gas flows and collaborate with scheduling to ensure efficient and reliable operations.

• Build and maintain a robust risk framework, including limits, stress testing, and daily P&L monitoring.

• Lead the development of analytical tools and models to support trading and risk decisions.

• Ensure compliance with internal policies, audit standards, and regulatory requirements.

• Provide market insights, infrastructure assessments, and strategic recommendations to senior management.

• Backfill and support gas scheduling functions when required, ensuring seamless operational coverage.

• Mentor junior staff and promote industry best practices across trading and risk processes.

Education and Experience

• Bachelor’s degree required

• Minimum of five (5) years of experience in natural gas trading, marketing, or scheduling with direct P&L responsibility.

• Demonstrated success in physical market trading, storage optimization, and risk-managed profitability.

• Strong teamwork orientation and willingness to support or backfill scheduling operations as part of an integrated team.

Skills

Risk management (VaR, stress testing, exposure limits)

Analytical tools (Excel, VBA, SQL, Python)

Commercial acumen

Strategic thinking

Decision-making under pressure

Stakeholder management

Leadership and mentorship

Integrity and compliance orientation

Adaptability

Relocation: Available

Location: San Antonio

Estimated Travel: Less then 10%

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:

Job Requisition ID:

00019361

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 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.