Med & US Export Trader

Phillips 66 & YOU - Together we can fuel the future

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. 

Phillips 66 has been operating in the UK for over 65 years and we are as excited about our future as we are proud of our past. We are committed to improving lives, and that is our promise to our employees and 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. 

Our company is built on values of safety, honour 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.

Our employees are the heart of our success, and there is a reason why we continue to attract great talent and it’s not just the excellent benefits package, or the opportunities for personal growth, it’s also the caring and committed culture of the organisation that makes everyone feel like they can bring their authentic self to work and be truly part of our team. 

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

Providing Energy. Improving Lives.

Basic Function

Trading crude oil within the European Commercial business, focusing on creating value from opportunity / speculative trading and supply optimisation of our Downstream system.

Primary Accountabilities/Responsibilities

• Add value to the Downstream refinery system through trading / optimisation.
• Buy and sell physical cargoes outside of feedstocks business to add third party value.
• Support growth of global crude trading business to include US crude exports and derivatives portfolio.
• Create value from logistics and storage plays (where market structure supports it).
• Complementary derivative trading to add value from market knowledge, when and where appropriate and at discretion of supervisor.
• Build strong internal relationships with the rest of the Commercial organisation and our key Downstream customers.
• Build relationships with external trading counterparties in order to understand their requirements, strategies, drivers, business portfolio and market views.

Essential Skills

• Legally authorized to work in the UK on a regular, full-time basis without restrictions on local terms and conditions
• Proven ability to make real-time commercial decisions that have a significant financial impact both independently or as part of the trading team.
• Experience and understanding of the international crude and products markets.
• Understanding of risk/hedging tools to manage underlying positions and monetise optionality.
• Ability to interface effectively with internal and external customers, counterparties, suppliers and consultants.
• 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 entrepreneurial attitude and desire to grow a business and develop their own role within it.
• Very strong interpersonal and networking skills.

Preferred Skills

• Proven ability to add significant value through trading or marketing expertise in the European / Middle Eastern markets, preferably with experience of trading physical and financial products and a proven p/l record.
• Practical experience of crude or products operations.
• Previous experience with trading/ refinery/ oil movements operations.
• Basic crude oil origination skills.
• Knowledge/ experience of marine 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 related to world wide supply and demand economics.
• Second business relevant language, such as, but not limited to, Russian, Arabic or French desired but not required.

Additional Information

This role requires some travel (25%) to meet with national oil companies, key counterparties and suppliers, overseas Phillips 66 offices, so willingness to travel is essential.

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 Friday 13th December 2024.

Phillips 66 is an Equal Opportunity Employer