Arbitrage Trader Jobs (NOW HIRING)

Job Summary:

As a key member of the Supply & Distribution Team, this role will allow the correct individual to grow a profitable trading business for Global in the U.S Gulf Coast. The role will also include commercial analysis for new trading / supply assets, in terms of both new businesses and M&A opportunities. The ideal candidate will: Have a proven track record of profitability with the petroleum industry as an experienced trader. Have a strong work ethic, along with very strong leadership skills, a desire to succeed and a willingness to do whatever it takes to get the job done. Understand locational and structural arbitrage and how to take advantage of it in both paper and physical markets. Have establish trading contacts within the petroleum markets and a proven track record of trading both with principals and brokers.

At Global Partners, business starts with people. Since 1933, we've believed in taking care of our customers, our guests, our communities, and each other-and that belief continues to guide us.

TheGlobal Spiritis how we work to fuel that long term commitment to success. As a Fortune 500 company with 90+ years of experience, we're proud to fuel communities-responsibly and sustainably. We show up every day with grit, passion, and purpose-anticipating needs, building lasting relationships, and creating shared value.

Job Description:

• Daily ownership and profitability of book of business, and full responsibility to procure the most cost effective product for marketing.
• Meeting all the requirements of Global's risk policy including hedging all products. Previous trading experience in petroleum derivatives, swaps, futures, physical products required.
• Represent and be the lead for Supply and Trading on various projects and opportunities.
• Prepare and present management reports as needed.
• Work with Risk Management both on a daily processes and longer term to improve reports and overall effectiveness.
• Prepare and present risk/return reports on opportunities and analysis as necessary.
• Find and negotiate new exchanges, term purchases, rack deals, throughputs, etc.
• Find and implement strategies to increase Supply's profitability, work to grow the business in both current and new markets.
• Support Supply and Trading on acquisitions and larger projects.

Additional Job Description:

• Exceptionally strong interpersonal and communication skills
• Outstanding ability to work collaboratively
• Excellent attention to detail
• Excellent time management and multi-tasking skills
• Proficiency with Microsoft Excel
• 5-10 years Industry experience in clean product supply, NGL, crude, residual fuel, bunkers, trading, exchanges, scheduling, terminals, logistics, product blending.
• Previous experience supplying marketing.
• Knowledge in refinery operations a significant plus.
• Strong industry knowledge and relationships with counterparts.
• Back-office experience in credit, risk management and finance. Previous experience in Right Angle/Solarc a significant plus.
• Knowledge of Political legislation NEFI, NORA, RFS2, EPA and State regulations a strong plus.
• Ability to work in a fast-paced, changing environment, deliver quickly and adapt to changing demands
• Outstanding organization skills -- ability to effectively manage multiple work efforts simultaneously
• Willingness and desire to learn new skills and take on new responsibilities
• Bachelor's Degree (Master's Degree preferred) in Finance, accounting or related field

Pay Range:

$182,300.00 - $291,500.00

The pay range for this position is outlined above. The final amount offered at the start of employment is determined based on factors including, but not limited to, experience level, knowledge, skills, abilities and geographic location, and the Company reserves the right to modify base salary at any time, including for reasons related to individual performance, Company or individual department/team performance and market factors.

Our Commitments to You

• Coins!We offer competitive salaries and opportunities for growth. We have an amazing Talent Development Team who create trainings for growth and job development.

• Health & Wellness- Medical, Dental, Visions and Life Insurance. Along with additional wellness support.

• The Road Ahead- We offer 401k and a match component!

• Professional Development- We provide tuition reimbursement; this benefit is offered after 6 months of service.

What to Expect From the Hiring Process

We value passion and potential. Please apply if you're qualified and interested-we'd love to hear from you.

A member of our Talent Acquisition team will review your application and may connect you with the hiring manager if your experience is a strong match.

Interviews are conducted virtually and in person, depending on the role. We'll provide more details about next steps if selected to move forward.

Global Partners LP is an equal opportunity employer. We foster a company culture where ideas from all people help us grow, move and thrive. We embrace the diversity of all applicants and do not discriminate against race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, protected veteran status or any other basis prohibited by federal, state or local law. If you have a disability and need an accommodation to apply, please contact our recruiting department at 781-747-9675 or 781-7GP-WORK.

*Disclaimer: At Global Partners, we don't use lie detector tests for any employment decisions. We follow all the rules and regulations, so we need to let you know: In Massachusetts, it's illegal to require or administer a lie detector test as a condition of employment of continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.