Commercial Risk Analyst

ConocoPhillips • Houston, TX

10d

About The Position

The Commercial Analyst plays a vital role in helping ConocoPhillips navigate market volatility and make informed, risk‑aware trading decisions across global energy portfolios. As part of the Risk Management team, this role provides analytical insight and independent oversight of market risk exposure across commodities such as power, natural gas, crude oil, natural gas liquids (NGLs), and liquefied natural gas (LNG). This position is well‑suited for a curious, analytical professional who enjoys working at the intersection of data, markets, and decision‑making. The Analyst partners closely with trading, commercial, and compliance teams to translate complex risk metrics into clear insights that support disciplined risk‑taking, protect enterprise value, and enable responsible growth. The role offers meaningful exposure to energy markets, opportunities to deepen technical and commercial expertise, and a collaborative environment that values continuous learning and improvement.

Requirements

• Legally authorized to work in the United States.
• Bachelor’s degree or higher in Finance, Economics, Engineering, Mathematics, or a related field, or foreign equivalent.
• 3 or more years of experience in energy market risk, trading risk, product control, or a similar analytical role.
• Experience working with energy commodities such as crude oil, natural gas, power, and/or liquefied natural gas (LNG).
• Proficiency with analytical and reporting tools, including Microsoft Excel and data visualization platforms.

Nice To Haves

• Experience with one or more programming or analytics tools such as SQL, Python, Power BI, or Spotfire.
• Working knowledge of market risk concepts, metrics, and reporting methodologies.
• Experience with Energy Trading and Risk Management (ETRM) systems such as RightAngle or TriplePoint.
• Market risk or product control experience supporting crude oil trading activities.
• Advanced experience developing, enhancing, or maintaining quantitative risk models.
• Familiarity with regulatory or compliance frameworks relevant to commodity trading and risk management.
• Knowledge of advanced statistical techniques or machine learning applications in a risk or market context.
• Working knowledge of physical and financial commodity contracts, including swaps, options, futures, and forwards.
• Strong analytical, problem‑solving, and critical‑thinking skills.
• Ability to communicate complex quantitative information clearly to both technical and non‑technical audiences.
• Demonstrated ability to manage multiple priorities independently in a fast‑paced, dynamic environment.
• Builds strong relationships based on trust and seeks opportunities to collaborate across the matrix/organizational boundaries to achieve business goals.
• Invites dialogue to gain a shared understanding and influences with confidence to drive performance and achieve business results.
• Takes ownership of actions and follows through on commitments by courageously dealing with important problems, holding others accountable and standing up for what is right.

Responsibilities

• Monitor and analyze market risk exposures across energy trading portfolios, identifying trends, concentrations, and emerging risks.
• Develop, maintain, and enhance risk reporting and analytical tools to measure exposure, Value at Risk (VaR), and earnings sensitivity.
• Deliver clear, timely daily, weekly, and monthly risk reports to senior management and trading teams, translating quantitative results into actionable insights.
• Partner with front‑office trading, middle‑office, and compliance teams to ensure alignment with market risk policies, limits, and governance standards.
• Evaluate new trading strategies, products, and structures by assessing their market risk profile and potential impact to the portfolio.
• Support the design, testing, and enhancement of risk systems, models, and data processes to improve accuracy, efficiency, and transparency.
• Contribute to scenario analysis and modeling of proposed trading strategies and structured products.
• Participate in business improvement initiatives, including cross‑functional efforts to enhance systems, analytics, and risk management processes.
• Mentor less experienced analysts and contribute to a collaborative, inclusive culture focused on continuous improvement and knowledge sharing.

Benefits

• Health & Wellness: Medical, dental, vision, mental health support, and wellness programs.
• Financial Security: Competitive base pay, annual performance bonuses, and retirement savings plans.
• Work-Life Balance: Paid time off, paid parental leave, and family support resources.
• Career Development: Access to training, mentoring, and internal career mobility tools.
• Recognition & Inclusion: Peer-nominated awards, inclusive culture, and employee resource groups.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level