NGL Trader

ConocoPhillips•Houston, TX

About The Position

ConocoPhillips is seeking a highly motivated NGL Trader to join its Commercial organization. The position supports the development and growth of the company's NGL trading and marketing business by identifying, evaluating, and executing commercial opportunities across physical and financial NGL markets. The trader develops and manages relationships with producers, refiners, petrochemical companies, marketers, midstream providers, and other market participants, executing disciplined trading strategies that generate risk-adjusted value. The role requires strong market knowledge, commercial judgment, analytical capability, and adherence to established risk management practices. The successful candidate works closely with Commercial Analytics, Risk, Compliance, Scheduling, Operations, Finance, and Leadership teams to support the growth of the NGL business and help shape its future commercial platform.

Requirements

Legally authorized to work in the United States on a full-time basis.
Bachelor's degree or higher in Business, Finance, Economics, Engineering, Mathematics, Science, or a related discipline.
At least 5 years of experience in NGL marketing, trading, commercial optimization, or related commodity trading activities.
Demonstrated experience evaluating and executing commercial transactions.
Strong understanding of commodity market fundamentals and risk management principles.
Ability and willingness to support critical business periods, including occasional after-hours, weekend, or holiday requirements.
Proficiency with Microsoft Office applications and trading-related systems.

Nice To Haves

Experience trading NGL products including ethane, propane, butane, natural gasoline, condensate, naphtha, or related refined products.
Strong understanding of North American NGL supply, demand, infrastructure, storage, transportation, and export markets.
Experience managing physical and financial commodity exposure.
Knowledge of pipelines, terminals, fractionation assets, and logistics optimization.
Strong commercial negotiation and relationship management skills.
Demonstrated ability to identify and execute profitable trading opportunities.
Strong quantitative, analytical, and problem-solving capabilities.
Proven track record of operating within established risk and governance frameworks.
Ability to influence stakeholders and collaborate effectively across functions.

Responsibilities

Develop and execute NGL trading and marketing strategies across domestic and international markets.
Identify and capture value opportunities involving propane, butane, natural gasoline, condensate, naphtha, and related products.
Manage physical and financial positions within approved risk parameters and delegated authorities.
Monitor market fundamentals, supply-demand balances, transportation dynamics, inventory trends, and pricing relationships.
Execute transactions that maximize risk-adjusted returns while supporting broader commercial objectives.
Build and maintain strategic relationships with producers, customers, marketers, refiners, petrochemical companies, and logistics providers.
Identify new business opportunities and support franchise growth initiatives.
Evaluate emerging market opportunities and commercial structures that enhance portfolio value.
Contribute to the expansion of ConocoPhillips' NGL commercial presence.
Optimize transportation, storage, terminaling, and logistics assets to maximize commercial value.
Work with operations and scheduling teams to ensure efficient product movements and execution.
Identify opportunities to improve portfolio flexibility and optionality.
Ensure compliance with risk limits, delegated authorities, commercial policies, and regulatory requirements.
Partner with Risk, Compliance, Legal, and Finance to maintain effective governance.
Maintain accurate trade capture, confirmations, and reporting.
Support audit and compliance requirements as needed.
Partner with Commercial Analytics to develop market insights and trading strategies.
Contribute to the development of commercial processes, systems, and trading capabilities.
Share market intelligence and best practices with the broader commercial organization.
Support mentoring and development of analysts and junior commercial staff as appropriate.