Future Talent Pipeline - Trader

Phillips 66 • Houston, TX

2d

About The Position

Are you interested in joining Phillips 66 but don’t see a current opening that matches your skills? We’d love to connect! This posting is part of our
Talent Pipeline Program for future Commercial Traders.

We are actively building a network of talented professionals we’d like to consider for upcoming positions. If a current Trader opening doesn’t align with your career goals or preferred location, we encourage you to apply to this "Future Talent Pipeline" position instead and stay connected for upcoming roles.

The Commercial Trader plays a pivotal role in dynamic energy markets, leveraging analytical skills and market insight to drive successful transactions. This position is ideal for a strategic negotiator who thrives in a fast-paced environment and is passionate about building strong relationships with partners and customers.

Requirements

• Legally authorized to work in the job posting country
• 3+ years of experience in trading or a commercial environment
• Bachelor’s degree
• Intermediate proficiency in Microsoft Excel, Word, and PowerPoint

Nice To Haves

• Solid grasp of broader commodity markets, including crude oil, gasoline, distillates, freight, NGLs, and natural gas.
• Proven ability to develop and execute trading strategies based on market fundamentals, consistently translating insights into profitable trades.
• Flexible and adaptable, able to reassess market conditions and adjust positions as needed.
• Strong collaborative skills, with experience participating in cross-functional teams.
• Firm understanding of end-user demand and rack market dynamics
• Excellent analytical, problem-solving, and organizational skills, with a proactive approach to identifying and resolving complex issues.
• High ethical standards, personal drive, and dedication to achieving team objectives.

Responsibilities

• Lead the development and execution of trading strategies for gas and distillate products, optimizing assets and capturing value.
• Analyze market trends, production and consumption requirements, and arbitrage opportunities to inform trading decisions.
• Collaborate with Marketing and cross-functional teams to maximize netbacks and trading revenue, negotiate contracts, and manage transactions from inception to completion.
• Manage risk, maintain operational compliance, and ensure all activities align with organizational policies and industry regulations.
• Build strong relationships with producers, vendors, and customers, negotiating pricing and terms to deliver customer-centric solutions.
• Leverage expertise in market analysis, pricing strategy, and inventory planning to identify new opportunities and adapt to evolving market conditions.
• Contribute to business planning, forecasting, and demand management, while continuously developing capabilities through ongoing education and collaboration.
• Apply a proactive approach, strong analytical skills, and commitment to ethical standards to drive results and support team goals in a dynamic trading environment.

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
• Number of Employees: 5,001-10,000 employees