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Quantitative Analyst - Middle Office

Marathon Petroleum Corporation

Houston, TXFull-timeSeen 1 day agoSeen in employer's feed 1 day ago

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At a glance

Compensation
No compensation found
Location
Houston, TX
Schedule
Full-time
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Marathon Petroleum is hiring a Quantitative Analyst to build, enhance, and maintain analytical data models for portfolio stress testing and risk metrics. The role supports Middle Office oversight and performance measurement, working with analysts and traders to identify quantitative opportunities and improve existing metrics. The position is part of a progression with increasing responsibility, and its title and pay grade depend on the selected candidate’s experience and qualifications.

Skills & qualifications

RequiredNice to have

Skills

Analytical ModelingPythonRBacktestingSensitivity AnalysisBenchmark ComparisonsSQLData PipelinesFeature EngineeringForecastingSignal GenerationScenario AnalysisModel Validation

Qualifications

Bachelor's in Listed or Related Field3+ Years Related Experience

Benefits

Medical Insurance
Vision Insurance
Dental Insurance
Paid Time Off
401(k) Match
Parental Leave
Tuition Assistance

Full job description

Findlay, Ohio

Houston, Texas

San Antonio, Texas

Full time

00024600

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 Overview:

MPC has an opportunity for a Quantitative Analyst with a focus on building, enhancing and maintaining analytical data models. This role will help develop and implement analytical models for stress testing of the Supply, Trading, & Origination portfolio and calculating portfolio risk metrics including Value at Risk (VaR), Cash Flow at Risk (CFaR), Earnings at Risk (EaR). The position will also work closely with the Risk Oversight and Performance Measurements Teams in Middle Office identify opportunities and implement enhancements to the existing oversight metrics.

Middle Office is new to MPC and this is an opportunity to help shape the Middle Office relationships and process improvements. This position is open to Findlay, OH, Houston, TX, and San Antonio, TX.

*This position is part of a progression with increasing levels of responsibility, competency, and skill. The title and pay grade of the position will be determined by the experience and qualifications of the selected candidate.

Key Responsibilities:

  • Build and maintain daily and intraday analytical models covering prices, spreads, volatility, and refinery margin economics for assigned markets.

  • Develop and refine short horizon forecasting and signal generation models in Python or R. Perform backtesting, sensitivity analysis, and benchmark comparisons to evaluate model performance, stability and incremental predictive value.

  • Design and optimize automated Python + SQL data pipelines supporting real-time dashboards and trading tools. Improve data reliability and processing efficiency.

  • Develop structured feature libraries incorporating flows, outages, arbitrage signals, freight economics, and curve structures. Test new predictive variables and quantify incremental signal value.

  • Collaborate with fundamental analysts and traders to identify quantitative opportunities and assess edge. Support trade structuring through scenario and sensitivity analysis.

  • Maintain documentation, model validation frameworks, and performance monitoring dashboards. Contribute to improving governance standards and reproducibility.

Minimum Qualifications:

  • Bachelor’s Degree in Math, Statistics, Economics, Engineering, Computer Science, Finance, or related discipline required.

  • Three (3) or more years of related experience.

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

Findlay, Ohio

Additional locations:

Houston, Texas, San Antonio, Texas

Job Requisition ID:

00024600

Location Address:

539 S Main St

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 (https://marathonpetroleum.brandextract.com/staged/marathonpetroleum.com/content/documents/Jobs\_/Department\_of\_Labor\_EEOC\_.pdf) . If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at [email protected] . 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.

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