Phillips 66 & YOU - Together we can fuel the future

We are seeking an experienced Cross-Commodity Derivatives Trader to manage and execute trading strategies across multiple energy and commodity markets, including crude oil, refined products, and other related asset classes. The ideal candidate will have deep expertise in macroeconomic trends, geopolitical risks, supply/demand fundamentals, and positioning strategies across global markets.

Responsibilities May Include:

• Develop and execute cross-commodity trading strategies focused on crude oil, refined products, and other energy derivatives.
• Trade across futures, options, and swaps, managing exposure across time spreads, cracks, and regional arbitrage opportunities.
• Monitor macroeconomic indicators, geopolitical developments, and supply/demand imbalances to identify profitable trading opportunities.
• Analyze global energy flows, refinery margins, inventory levels, and currency fluctuations to optimize trade positioning.
• Execute trades across US, European, and Asian markets (NYMEX, ICE, CME, Singapore, etc.), ensuring best execution and risk-adjusted returns.
• Work closely with research, risk management, and operations teams to ensure alignment with portfolio objectives and risk parameters.
• Leverage data analytics and quantitative models to enhance market insights and trading efficiency.
• Manage risk and capital allocation within predefined limits, continuously refining risk-reward profiles.
• Maintain strong relationships with brokers, counterparties, and market participants to optimize liquidity and execution.
• Stay ahead of evolving market trends, regulatory changes, and technological advancements impacting commodity trading.

Required Qualifications:

• Legally authorized to work in the job posting country
• Bachelor's degree
• 7 or more years of experience in commodity derivatives trading, with a focus on energy markets (crude oil, refined products, LPG, etc.)
• Strong understanding of macro trends, geopolitical risks, and supply/demand fundamentals affecting global commodities
• Proven ability to trade spreads, cracks, and arbitrage opportunities across multiple regions (US, London, Singapore)
• Expertise in futures, options, swaps, and structured products, with a track record of profitable trading
• Strong quantitative and analytical skills, with proficiency in trading platforms and market analytics tools
• Ability to work under pressure, make quick decisions, and manage multiple positions in a fast-moving market
• Excellent risk management discipline, ensuring exposure is aligned with firm-wide strategies and limits
• Strong communication and relationship management skills with banks, brokers, and internal stakeholders
• Proficiency in trading software such as Bloomberg, ICE Connect, WebICE, CME Direct, and risk management systems

Preferred Qualifications:

• Experience in a derivatives trading environment and multi-asset trading (e.g., metals, agricultural commodities, or FX) is a plus.
• Advanced degree in Finance, Economics, Engineering, or a related field is preferred.
• Background in data assimilation and automation on supply & demand, macroeconomic, positioning data, and volatility data sets.
• Proficiency in Python, SQL, VBA, Tableau to automate data pipelines and enhance trade idea generation.

The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being - physical, emotional, social, and financial - is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results - personally and professionally. Benefits for certain eligible, full-time employees include:

• 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

Learn more about Phillips 66 Total Rewards .

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.

To be considered:

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 04/08/2025 .

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities

Nearest Major Market: Houston