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.