Senior Risk Analyst

Phillips 66 & YOU - Together we can fuel the futur

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.

Role Overview:

Reporting to the Manager Risk, the incumbent will be supporting daily reporting of exposure, P&L and the evaluation of risk residing within the trading portfolio.  This role provides an opportunity to learn and develop skills in the fields of process management, project implementation and requires extensive communication with a wide range of stakeholders.  The incumbent will be responsible for the development of Risk reporting systems and associated business processes and is required to focus on aligning International practices with global reporting models and risk assessment principles.  This position provides an opportunity for the incumbent to further develop leadership skills through the coaching of less experienced members and new hires to the Commercial organisation.

Primary Function/Responsibilities:

·         Operate as lead regional analyst coordinating the work of junior analysts for a sub-group of Commercial trading desks. 

·         Coach/mentor less experienced team members in the review, analysis and preparation of daily risk reports.

·         Review the consolidated end of day performance report and authorise publication of results to the global trading organisation.

·         Support the preparation and submission of global reports i.e. drawdown analysis, global cargo reporting, VaR reviews.

·         Ensure accuracy of core data such as price feeds, curves and prod/loc set ups into systems of record.

·         Drive within function process changes and daily reporting alignment initiatives, locally and globally, into the current business models and daily work processes. 

·         Work across functions within region on projects focused on improving business processes and the quality of performance reporting. 

Required Skills / Competencies:

·         5+ years of energy commodities risk management experience.

·         Hold the legal right to live and work in the United Kingdom without restrictions or the role you are applying for meets the criteria for employer sponsorship.

·         Very strong spreadsheet capability in MS Excel and exposure to visual basic would be of an advantage.

·         Strong mathematical skills in terms of analysis of complex data to be able to draw clear and accurate conclusions.

·         Excellent communication and teamwork skills with preference for action, accountability, and developing alternatives and solutions.

·         Broad understanding of the marine transportation business required, including marine logistics, chartering, commodity trading and scheduling, optimization, and marine strategy.  Knowledge and experience of commodity trading including swaps, options and other derivative products would be of an advantage.

·         Strong multi-tasking abilities.

·         Ability to lead effectively through influence and capability to influence at all levels.

·         Able to work in both a local/dynamic small team and as part of a global team.

·         Strong desire for personal learning and sharing of skills with others.

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 6th June 2025.

Phillips 66 is an Equal Opportunity Employer