What are the responsibilities and job description for the Chartering Specialist position at mpc?
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 As part of the Commercial Marine team, you will play a crucial role being part of a global freight team, segmented by commodity type with region specific responsibilities. The Charterer role demands a keen ability to navigate and interpret complex market structure. The primary challenge lies in adaptability to changing market dynamics, making forward freight calls, strategizing fleet positioning and balance in support Marathon’s evolving refining and marketing needs. This requires someone who is able to work in a fast-paced trading-floor environment, seamlessly collaborating with internal stakeholders. Effective communication and collaboration with the local and global teams are essential to ensure timely and strategic decision-making in a highly competitive freight market. This position is initially focused on coverage of the Crude/DPP and LPG maritime needs, but may evolve over time. Occasional domestic and/or international travel to meet clients and attend shipping conferences is required (approximately one to four times per year). Key Responsibilities Negotiate spot charters; market time charter fleet, under guidance, focusing on achieving competitive pricing and favorable terms. Track and report on market trends, supply chain issues, and geopolitical factors that may impact product availability and pricing. Manage voyage execution and ensure safe and efficient delivery. Support relationship management by maintaining regular communication with owners, charterers, and brokers. Follow established trading strategies and provide input to help optimize profitability. Coordinate and execute internal waterborne cargo requirements, confirm dates and logistic requirements, and compliance with industry and voyage related regulations. Perform tasks related to asset management, such as handling documentation, compliance, demurrage, and vessel vetting. Handle routine tasks related to physical asset management, including basic cash tracking; development of low to medium complex freight estimates to internal trading teams. Compile and submit reports on trading activities, performance metrics, and market updates for review by internal stakeholders. Work with regional teams to assist in implementing supply and sourcing plans. Education and Experience Chartering Specialist Bachelor’s Degree required. Three (3) or more years of experience in analytics, marine operations, trading or marketing including profit/loss responsibility for product trading, contract negotiation and scheduling. Senior Chartering Specialist Bachelor’s Degree required. Five (5) or more years of experience in analytics, marine operations, trading or marketing including profit/loss responsibility for product trading, contract negotiation and scheduling. Skills Accountability Commercial Awareness Communication Contract Management Customer-Focused Data Analysis Decision Making Entrepreneurship Leadership & Mentoring Marketing Strategies Negotiation Strategic Planning Location: Houston, Tx Relocation: No Estimated Travel: 20% This position grade may vary depending on candidate experience. 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: Houston, Texas Additional locations: Job Requisition ID: 00021469 Location Address: 500 Dallas St Ste 2900 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. About Marathon Petroleum Corporation Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.