Trader, Renewable Fuels

Phillips 66 & YOU - Together we can fuel the future

The Renewable Fuels Trader will be responsible for managing and trading global renewable fuels opportunities with a particular focus on developing domestic markets. Additionally, the successful candidate will work as part of a renewables team to support company-wide global renewable fuels growth objectives. This will include working as a key participant in the origination and business development of renewables opportunities.  The role interacts extensively with internal stakeholders working closely with Refining, Marketing, VCS&O, other Commercial groups, and management.  Supply to/from the Refining/Marketing system is a critical component as is physical and financial trading and potentially environmental credit trading.  Successful integration and management of new internal systems will be a necessity as will development/direction of new market analysis and creative market development. 

Responsibilities May Include:

• Generate value (net margin) for P66.
• Build strong relationships with external trading counterparties.
• Understand counterparty requirements, strategies, drivers, business portfolio and market views.
• Identify, pursue, and implement new sourcing and trading opportunities.
• Work with other Renewables Traders to fully manage the company’s renewable fuels portfolio.
• Build strong internal relationships within Global Commercial organization and with key internal stakeholders. 
• Optimize purchase and sale of 3rd-party physical product and potentially complement with derivative trading.
• Add value to Refining via management of production and to Marketing via management of supply.
• Acquire and communicate market intelligence to internal parties up to and including executive management.
• Help develop critical company renewables strategies and tactics to drive company-wide focus.
• Work closely with Commercial Trading, Commercial Supply, VCS&O, Refining, Marketing, Regulatory, Emerging Energy, Chief Economist, Corporate BD, ERI, Gov’t Affairs, Investor Relations and others.
• Help ensure regulatory/compliance obligations are met.
• Support Refining, Marketing, and Emerging Energy strategic initiatives that involve Renewables.
• Become a recognised expert on renewable fuels key market and trading components for Phillips 66.

Required Qualifications:

• Legally authorized to work in job posting country
• Bachelor’s Degree 
• Proficiency in Microsoft Excel 
• Wiliness to work various hours to manage communication across the globe and with key customers/suppliers
• Able to travel is 10-20%
• 1 or more years of experience in oil &/or fuels markets
• 1 or more years of experience in managing successful relationships with external parties
• 1 or more years of experience in working effectively with multiple internal stakeholders
• Working knowledge/understanding of international commodities markets

Preferred Qualifications:

• Previous experience of Biofuels products and their feedstocks and trading 
• Proven ability to make real-time commercial decisions that have a significant financial impact both independently and as part of the trading team
• Understanding of risk/hedging tools to manage underlying positions
• Ability to interface effectively with internal and external customers, suppliers, counterparties 
• Collaborative team player with ability to work constructively within a very close and often demanding team-working environment, and interact well with other parts of the group
• Self-starter with strong desire to embrace challenges of growing a business/market while adding value in the short- and long-term
• Ability to excel in a developing, unstructured market environment
• Flexible; able to reassess market conditions and adjust market views accordingly
• Extremely strong verbal and written communication skills
• Knowledge of Biofuels and the economic value it creates in the Clean Product supply chain
• Knowledge of environmental regulations and regulatory markets
• Proven ability to add significant value through trading or marketing expertise, preferably with experience of trading physical and financial products
• Previous experience with marketing/trading/refinery/blending/oil movements operations
• Knowledge/experience of marine/rail/truck/pipe issues pertaining to the movement of crude or products
• Understanding of the characteristics of products and processes in terms of oil refining, including an appreciation of specifications, and global supply/demand economics

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 03/20/2025.

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.