Refined Products Trader

Guttman Energy, Inc.
Vernon, PA Full Time
POSTED ON 5/6/2024 CLOSED ON 6/6/2024

Job Posting for Refined Products Trader at Guttman Energy, Inc.

About The Company

Guttman Holdings, Inc. is 100% employee owned. The Guttman businesses operate in the refined petroleum products market, providing customized fueling solutions for industrial, commercial, retail, governmental, and transportation operations from the Midwest to the East Coast.

Guttman Holdings prioritizes safety, service, and respect for our fellow employee owners, customers, vendors, and the communities where we operate and serve. Those principles combined with our Core Values: respect, lead, collaborate, serve, and solve shape our culture and guide our daily operations.

Position Summary

The Refined Products Trader position directly manages Guttman's physical products position, related risk management programs, and optimization strategies. This role will be responsible for sourcing and procuring refined petroleum products (such as gasoline, diesel, jet fuel, etc.), negotiating term supply contracts, monitoring inventory levels, and ensuring an optimized supply strategy. This individual will collaborate with logistics teams to optimize transportation routes, manage storage facilities, and ensure timely delivery to customers.

Essential Functions Of The Job

  • Margin improvement of physical product origination supply, contract structure, and/or trade execution.
  • Define and implement a trading strategy around origination, inventory, infrastructure, and sales commitments with counterparties, across the Gulf Coast and Chicago markets, utilizing transportation on Explorer, Buckeye, and Laurel pipelines.
  • Execute risk management around daily electronic platform market.
  • Closely monitor inventory levels through daily collaboration with the sales group.
  • Develop and maintain strong industry relationships with major oil refiners, blenders, supply partners, terminal and pipeline operators, and the broker community.
  • Optimize logistics around product blending (butane, naphtha).
  • Identify and capture arbitrage value across regional markets.
  • Develop effective trading strategies to capture margin enhancement.
  • Identify new markets, derivative based programs, and opportunities for Guttman to participate.
  • Coordinate the clear communication of the purchase and sale of inventory hedge positions with the Program Trader to ensure the company’s daily position remains balanced in accordance with the Company’s Risk Management Policy.
  • Analyze market trends, supply-demand dynamics, and price differentials.

Minimum Qualifications/Requirements

  • Minimum five years of energy trading experience.
  • Bachelors degree (B.A. or B.S.) from an accredited four-year college or university.
  • Knowledge and experience across electronic trading platforms and related exchanges.
  • Proven track record of delivering value-add trade strategies.
  • Ability to collaborate, provide and solicit feedback, express ideas both orally and in writing and communicate relevant and timely information to customers, managers, etc.
  • Logistics and sales experience across the energy complex.
  • Value-add contributions through trading strategies, risk mitigation, and process improvement.
  • Ability to understand problems and make profitable, timely, practical business decisions.
  • Excellent verbal and written communication skills.
  • Strong computer skills; Experience working in MS-Office (Word, Excel, PowerPoint, Access, etc.), Tableau, PowerBi, CME, ICE, DTN, CQG, Refinitiv
  • Excellent mathematical & analytical skills.
  • Ability to provide strong historical track record of identifying opportunities, strategic execution, and position growth.

Note: The above statements are intended to describe the general nature and level of work being performed by people assigned this job. They are not exhaustive lists of all duties, responsibilities, knowledge, skills, abilities and working conditions associated with the job.

Eeoc Statement

Guttman Holdings is committed to a policy of equal employment opportunity for all individuals and does not discriminate on the basis of race, color, religion, sex, national origin, age, non-job-related disability, veteran status, sexual orientation, gender identity, marital status, citizenship status, or any other classification, as protected by federal, state or local law. Equal employment opportunity extends to all personnel practices.
Product Manager - Exterior Building Products
AZEK Building Products LLC -
Aliquippa, PA
Programmatic Trader
CivicScience -
Pittsburgh, PA
Raw Materials Trader
TMS International LLC -
Pittsburgh, PA

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs that are on the Refined Products Trader career path.

Click the checkbox next to the jobs that you are interested in.

Income Estimation: 
$69,182 - $76,678
Income Estimation: 
$112,571 - $261,455
Income Estimation: 
$74,295 - $106,101
Income Estimation: 
$90,328 - $136,268
Income Estimation: 
$163,277 - $271,060
Income Estimation: 
$90,328 - $136,268
Income Estimation: 
$197,539 - $502,604
Income Estimation: 
$153,619 - $226,260
Income Estimation: 
$145,447 - $262,347
Income Estimation: 
$198,011 - $322,334

Sign up to receive alerts about other jobs with skills like those required for the Refined Products Trader.

Click the checkbox next to the jobs that you are interested in.

  • Business Analytics Skill

    • Income Estimation: $106,081 - $158,551
    • Income Estimation: $107,220 - $145,055
  • Compliance Management Skill

    • Income Estimation: $93,025 - $151,453
    • Income Estimation: $98,923 - $137,804
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Guttman Energy, Inc.

Guttman Energy, Inc.
Hired Organization Address Vernon, PA Full Time
About The Company Guttman Holdings, Inc. is a 100% employee-owned energy Company and the parent organization of Guttman ...
Guttman Energy, Inc.
Hired Organization Address Pittsburgh, PA Full Time
ABOUT THE COMPANY: Guttman Holdings, Inc. is 100% employee owned. The Guttman businesses operate in the refined petroleu...
Guttman Energy, Inc.
Hired Organization Address Vernon, PA Full Time
About The Company Guttman Holdings, Inc. is a 100% employee-owned energy Company and the parent organization of Guttman ...
Guttman Energy, Inc.
Hired Organization Address Vernon, PA Full Time
Job Details Job Location Belle Vernon PA - Belle Vernon, PA Position Type Full Time Education Level Not Specified Travel...

Not the job you're looking for? Here are some other Refined Products Trader jobs in the Vernon, PA area that may be a better fit.

Refined Products Trader

Guttman Group, Vernon, PA

Crew

Trader Joe's, Pittsburgh, PA