Position Keeper, Renewables

Phillips 66 & YOU - Together we can fuel the future

As a Position Keeper, Renewables, you will be responsible for the monitoring and tracking of physical commodity trading obligations and associated paper positions to ensure accurate reporting of volumetric price exposure during the trading day to facilitate the management of price risk by individual traders as well as group exposures. The position works closely with Traders, Schedulers and Product Control Advisors in a fast paced and dynamic environment to mitigate flat price exposure while supporting an effective and efficient control environment, ensuring positions are monitored throughout the trading day and appropriate future positions are maintained to support the delivery of accurate and timely marked to market daily and risk management position reporting.

What You’ll Do

• Manage day‑to‑day market risk activities that support Renewable trading operations, ensuring physical and financial positions are accurately tracked, analyzed, and reported throughout the trading day.
• Monitor commodity exposures across physical and paper instruments, validating forward curves, market data, and transactions to support accurate mark‑to‑market, volumetric, and risk exposure reporting.
• Understand and execute Renewable feedstocks and Renewable products hedging processes and strategies.
• Maintain a strong control environment by reviewing transaction activity, identifying discrepancies, and ensuring trades and positions are accurately reflected in systems of record.
• Communicate with Renewables team to ensure current and future exposures are accounted for correctly while highlighting changes to plans.
• Partner closely with Traders, Schedulers, Position Control, Finance, and Planning teams to resolve issues, improve data quality, and strengthen end‑to‑end processes.
• Identify potential market risk issues, escalate limit breaches or control gaps as appropriate, and apply sound judgment in line with risk policies and procedures.
• Contribute to the development and refinement of risk reports, models, and procedures, using analytical skills to translate complex data into clear, actionable information.
• Support continuous improvement efforts by identifying opportunities to enhance reporting accuracy, efficiency, and transparency across commercial systems.
• Continue building technical, market, and industry knowledge while operating effectively in a fast‑paced, collaborative trading environment.

What You’ll Bring – Required

• Legally authorized to work in the job posting country
• Bachelor’s Degree
• Must be willing and able, with or without reasonable accommodation, to travel up to 5% of the time

• One or more years of commercial business experience working with financial products / contracts used in commodity trading and risk management (swaps, options, futures, and forwards)
• Intermediate or greater proficiency working with energy trading activities and related reporting/risk management

What Makes You Stand Out – Preferred

• Strong system aptitude with advanced skills in Microsoft Excel and Access
• Solid understanding of risk management methodologies and financial analysis
• Knowledge of trade capture systems used by the organization
• Analytical skills to derive and explain anomalies in data
• Documentation skills to record and report on findings to the business
• Detail-oriented with emphasis on accuracy and continual improvement
• Written & verbal communication skills
• Self-motivated and able to manage time with competing priorities and minimal supervision 
• Ability to work with and be part of several different teams in an open, trade floor environment

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 04/09/2026.

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.