MidCon Distillates Trader

Phillips 66 & YOU - Together we can fuel the future

The Midcon Distillates Trader plays a key role in developing and executing discretionary distillate trading strategies across the U.S. Midcontinent. This role is responsible for optimizing Phillips 66 refinery production, sourcing competitive supply for Aviation, and capturing value through market insight, disciplined risk management, and strong commercial execution within established trading limits.

What You’ll Do

• Develop and execute discretionary diesel and jet trading strategies in the U.S. Midcontinent markets to support overall clean product optimization.
• Analyze market fundamentals, pricing dynamics, and logistics constraints to establish market views and identify trade opportunities.
• Manage physical and financial positions, including time spreads and basis swaps, to express market views and hedge exposures.
• Partner with Market Analysts to maintain accurate product balances, storage positions, and logistics plans.
• Collaborate closely with Refining, VCO, Marketing, Aviation, and Operations to align short-term optimization with longer-term commercial strategies.
• Negotiate and execute physical and derivative transactions, ensuring accurate deal capture and compliance with policies and controls.
• Monitor risk exposures and proactively take action to mitigate market, operational, and financial risks.
• Build and maintain strong relationships with internal stakeholders and external counterparties while providing timely market insights to leadership.

What You’ll Bring – Required

• Bachelor’s Degree
• 5+ years of commercial experience
• 1 or more years of verified energy trading experience
• Intermediate or above proficiency in Microsoft Excel
• Legally authorized to work in the job posting country

What Makes You Stand Out – Preferred

• Bachelor’s degree in Engineering, Finance, or Economics
• 1 or more years of verified clean products trading experience
• Advanced knowledge of U.S. clean products physical markets
• Experience with pipeline and waterborne scheduling
• Understanding of refining optimization and experience working within a refining system
• Strong negotiation, communication, and relationship-building skills
• Demonstrated ability to adapt to rapidly changing market conditions and lead through influence
• High ethical standards, strong personal drive, and commitment to team success
• Working knowledge of physical and financial energy markets and trading instruments
• Strong analytical skills with proficiency in Microsoft Excel
• Ability to manage risk within defined limits and comply with trading and operational controls

Compensation Range 

This position has a base salary range of $171,000 – $209,000. This role is eligible to participate in the company’s commercial bonus program, offering the opportunity to earn additional compensation based on business and individual performance, in accordance with program guidelines. 

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

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, cultivate an environment of trust, seek different perspectives and pursue 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 04/17/2026.

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.