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Commercial Supply & Trading Intern (Summer 2021)


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Company

Valero

Description

Description: Valero's products fuel modern life and make a better future possible. Join a 40-year legacy of excellence and find your future with us! Exceptional students bring their game-day best to our internship program each year. This year, will it be you? The internship program inspires tomorrow's innovators by developing highly motivated students who are ready for challenging projects in the following areas: Product Supply and Trading Crude Oil Supply and Trading Transportation (Rail and Marine) Wholesale MarketingInterns will work in a collaborative environment to complete special projects that will be presented to senior management. Major accountabilities will include the following: Analyzing different business lines to determine profitability and to recommend improvements Strategizing entrances and exits of different markets Recommendations for optimizing supply systems Evaluation trading strategiesInterns will have exposure in some of the following departments: Product Supply and Trading Trade through bulk channels to maximize profit Schedules ~120 million gallons per day of product movements via barge, pipeline, truck, ship, or rail and ensures correct type, quantity, and timing of the load/unload activity Manages appropriate inventory positions that balance the existing market conditions, wholesale forecasts, production schedules, and logistic constraints to keep terminals adequately supplied and refineries balanced Communicates clearly with traders, refinery personnel, wholesale, terminal operators, and logistics operators to develop a schedule Manages secondary costs to move products in the most cost effective manner Crude Oil Supply and Trading Purchases ~3 million barrels of crude each day that provide the greatest economic value to Valero's refining assets Generates financial gains by buying and selling barrels of crude Transportation (Rail and Marine) Coordinates the most cost efficient shipping activities and railcar requirements between marketing, plants, and customers Ensures on time performance Interacts with railroad companies' support teams on service issues, trip plans, and diversions Wholesale Marketing Interacts with customers and distributors to ensure that refined products are sold into markets that generate the highest profit Manages branded and unbranded channels by working with distributorsThis position is hourly nonexempt status, which means you are eligible for overtime pay. Qualifications: Currently pursuing a bachelor's degree (or higher) in Energy Management, Finance, Supply Chain Management, Industrial Engineering, Industrial Distribution, Economics, or related field required. Overall GPA of 3.0 on a 4.0 scale (or higher) preferred. Obtained at least 60 credit hours by the start of summer internship required. Graduation dates of August 2021 through May 2023 required. Ability to work 40 hours per week required.Please include the following in your resume: Overall GPA and Major - Expected Graduation Date Fall 2020 -- Commercial Supply & Trading Internship Deadlines: Texas A&M, College Station: application deadline- October 2 University of Texas, San Antonio: application deadline-- October 6 Trinity University: application deadline-- October 6 University of Texas, Austin: application deadline-- October 16 University of Oklahoma, Norman: application deadline-- October 16Note: Valero's pre-employment process includes successful completion of a background check, hair analysis drug screen, and pre-employment physical (if applicable - depending on refinery location). About the Valero Intern Program The Valero Intern Program fuels a broader company mission to develop reliable, affordable and sustainable energy through innovation, ingenuity and unmatched execution. When you join Valero, you can expect to work with teams that are inclusive and results-driven while celebrating every employee's strengths and ideas. Visit /careers to see more great features and benefits of the Valero Intern Program.Valero is an EEO/AA Employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to legally protected status including sexual orientation, gender identity, Women, Minorities, Individuals with Disabilities and protected Veterans. Job: Intern Primary Location: United States Req ID: 20001BV
Associated topics: associate director, chief investment officer, controller, director, director finance, general operations manager, operation, recruit, staff, supervise
Posted Date
11/11/2020

Listing ID
75349111
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