Sr. Trader
Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 47 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 9,500 miles of pipeline and over 100 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which serve approximately 10,000 convenience stores, independent dealers, commercial customers, and distributors.
At Sunoco, we take great pride in what we do and wholeheartedly believe our employees drive success for our company and our customers. We are always looking for the best and brightest talent and we are committed to making your job a challenging and rewarding experience.
Join a collaborative and innovative team of entrepreneurial individuals transacting in both physical and financial markets with a common goal to supply customers with low-cost products and generate EBITDA in a challenging, fast paced environment.
Essential Duties and Responsibilities:
- Participate in physical trading strategies, both spot and term, in pursuit of both optimal system supply and trading profits.
- Develop trading strategies, initiate and manage physical and financial positions for profit, focus on supply portfolio, manage price exposure for system and trading positions, and proposes relevant risk management and hedging strategies.
- Accountable for optimization of supply for retail system requirements and for book trading positions profit/loss.
- Collaborates with commercial operations to manage physical inventories consistent with supply requirements and financial market structure. Represents the company externally and requires an extensive network of 3rd party contacts.
- Seeks out and identifies trading opportunities. Embeds optionality to reduce exposure in trading positions and trade books, interprets financial information, integrates information from a variety of sources, detects trends, associations, and cause/effect outcomes.
- Negotiates contracts both short and long-term. Builds relationships, manages third parties and internal relationships, develops contacts and gathers relevant market information.
- Participates in setting strategic plan for supply & trading team and provides leadership role to other commercial functions.
Requirements
- BS degree in Finance/Business/Engineering or other related discipline
- 5-8 years total industry experience with at least 2 prior years trading clean products and components, gasoline blending, or other related commercial activities
- Prior trading experience in financial markets (futures, swaps, options, etc.)
- Overall understanding of the global refined products business including supply, trading, logistics and operations
- Excellent analytical, communication, and interpersonal skills
- Proven negotiation skills
- Demonstrated leadership capability
Preferred Skills
- Gasoline blending experience
- Physical product and component trading experience in U.S. hub markets (USGC, NYH, CHI)
- Experience in commercial operations such as marine and pipeline movements
Working Conditions:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
· Must be able to remain in a stationary position 50% of the time due to prolonged periods of sitting or standing.
· Occasional overnight travel may be required.
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.