Trader, Gasoline
London, GB
Phillips 66 & YOU - Together we can fuel the future
Phillips 66 has been operating in the UK for over 65 years and we are as excited about our future as we are as 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 reflects on 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 behaviours: We Work for the Greater Good; Cultivate an Environment of Trust; Seek Different Perspectives and Pursue Excellence.
Our employees are the heart of our success, and there is a reason why we continue to attract great talent. 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.
We are on an exciting journey, are you ready to join us?
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.
Basic Purpose / Accountabilities
The Gasoline Trader will be responsible for developing trading opportunities within the Europe Commercial business, focusing on generating value through physical opportunity trading and blending, global arbitrage opportunities, and utilizing financial derivative instruments to complement their physical forward view. They will also be responsible for internal stakeholder management working closely with Refining, Emerging Energy, VCO and other Commercial groups.
Responsibilities include:
- Generate value (net margin) for Phillips 66
- Create value through buying, selling, and blending of physical gasoline, gasoline components, and naphtha within ARA, NWE, and Med markets.
- Express market view/take risk via speculative derivative instruments.
- Capture storage and global arbitrage opportunities
- 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 as part of a global trading team to fully manage the company’s gasoline portfolio
- Effectively manage price risk exposure from trading activities
- Build strong internal relationships within the European/Global Commercial organisation and with our key internal stakeholders (Refining, VCO, Marketing & Emerging Energy)
- Acquire and communicate market intelligence to internal parties up to and including executive management
- Support Refining, Marketing and Emerging Energy strategic initiatives that involve Clean Products
- Become a recognised expert on renewable fuels key market and trading components for Phillips 66
- Provide cover for other Clean Products Traders as required.
- Enter and maintain contracts in SAP.
Basic/Required Qualifications
- Legally authorised 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 and as part of the trading team
- Proven experience and track record for PnL generation in clean products trading
- Understanding of risk/hedging tools to manage underlying positions
- 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 desire to grow a business and develop their own role within it
- Flexible; able to reassess market conditions and adjust market views accordingly
- Strong verbal and written communication skills
- Proficiency in Microsoft Excel
Preferred Skills
- Previous Gasoline Blending and/or Naphtha trading experience
- Proven ability to add significant value through trading expertise in the European markets, with experience of trading physical and financial products
- Previous experience with gasoline/refinery operations
- Knowledge/experience of marine issues pertaining to the movement of clean products.
- Understanding of the characteristics of products and processes in terms of oil refining, including an appreciation of specifications, and global supply/demand economics.
- Demonstrated expertise in market analysis, pricing, risk management, and negotiation.
- Strong commercial acumen with the ability to manage ambiguity and complex decision‑making.
- Bachelors Degree from an accredited college or university
Competencies
- Deep specialist knowledge of commodity and energy markets, applying sophisticated market insight to identify, structure and execute profitable trading opportunities.
- Exercises sound commercial judgement in complex, high‑risk and ambiguous situations, making independent decisions within broad trading parameters.
- Proactively manages financial and market risk, embedding risk discipline into trading strategies while balancing opportunity and exposure.
- Uses advanced financial analysis, P&L understanding and performance metrics to optimise value creation and support broader business objectives.
- Leads complex, high‑value negotiations with internal and external stakeholders, influencing outcomes through credibility, insight and well‑reasoned arguments.
- Anticipates market trends, emerging risks and longer‑term opportunities, aligning trading activity with desk and organisational strategy.
- Works effectively across trading, risk, finance and operations, building trusted relationships and sharing insight to improve collective outcomes.
- Maintains performance, composure and decision quality under sustained pressure; role‑models professionalism and accountability.
- Acts as a recognised subject‑matter expert, providing guidance and informal leadership to less‑experienced traders.
Additional Information:
This role will require the wiliness to work various hours to manage communication across the globe and with key customers/suppliers. Some travel is required (10-25%)
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 12th October 2026. Applications will be reviewed periodically throughout the advertising window. However, we may invite candidates who pass our screening process to selection events on a first-come, first-served basis and making offers of employment to people who are successful at those events, therefore we advise that you apply as soon as possible to avoid disappointment.
Phillips 66 is an Equal Opportunity Employer