Trader, Crude Lease

Phillips 66 • Houston, TX

1d • $171,000 - $209,000

About The Position

As a Crude Lease Trader, you’ll operate at the forefront of dynamic energy markets, using your expertise to help shape strategy, support key decisions, and elevate overall commercial performance. This is a great opportunity for someone who thrives in fast‑moving environments and loves turning complex information into clear advantages.

Requirements

• Bachelor’s degree or higher in Finance, Economics, Engineering, or a related field
• 3 or more years of experience that enables you to handle most trading situations independently and advise others
• Legally authorized to work in the job posting country

Nice To Haves

• Experience working directly with physical trading, origination, or cross‑commodity commercial teams
• Advanced grasp of market fundamentals, curve dynamics, and derivatives structures
• Demonstrated ability to develop customer‑focused solutions and contribute to commercial strategy
• Familiarity with tools, analytics, or infrastructure used to support trading and risk decision‑making
• Strong understanding of market dynamics, pricing principles, and risk considerations relevant to energy and derivatives markets
• Ability to analyze complex information, make sound commercial decisions, and execute with discipline
• Proven collaboration skills with the ability to work effectively across teams and stakeholders
• Excellent verbal communication skills and the capability to convey ideas clearly and confidently

Responsibilities

• Purchase, sell, and structure energy and derivatives transactions across short‑term and intermediate markets, using a fundamentals‑driven approach to identify value.
• Develop and execute futures, options, swaps, and other pricing strategies that enhance physical positions, manage risk, and capture location and time‑spread opportunities.
• Analyze supply and demand trends, trade flows, macro factors, and market structures to build informed trading views and respond to changing conditions.
• Negotiate pricing and terms with strategic partners while ensuring compliance with policies, regulatory requirements, and defined risk parameters.
• Apply advanced understanding of market dynamics, financial indicators, and trading techniques to solve complex problems and unlock commercial opportunities.
• Partner with physical trading, origination, analytics, and risk teams to align derivatives activity with customer needs and broader commercial strategies.
• Support demand forecasting, pricing strategy, and the development of customer‑focused risk‑management solutions.
• Contribute to business planning by developing business cases, forecasting performance, and evaluating financial implications of key initiatives.
• Help strengthen trading tools, analytics, and processes to improve efficiency, transparency, and decision‑making.
• Serve as a subject‑matter expert by staying current on regulation and market best practices, sharing insights, and contributing to team capability development.

Benefits

• Annual Variable Cash Incentive Program (VCIP) bonus
• 8% 401k company match
• Cash Balance Account pension
• Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
• Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

What This Job Offers

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