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The Supervisor, Reporting & Position Control, reporting directly to Risk Manager, is responsible for overseeing a team supporting the monitoring and reporting of all physical and paper commodity trades using the commercial department's deal capture, position reporting and risk management systems. The position serves as an expert resource to the position control and risk analysis functions, solving problems, working special projects, training new analysts and backing up analysts during transitions. The incumbent must demonstrate leadership capabilities (business knowledge / functional excellence, implementation, networking / team building, and personal leadership) in a fast-paced, complex and constantly evolving commercial environment, serving as a resource and backup to the Risk Manager.

Responsibilities May Include

• Communicating effectively with senior levels of management, maintaining a credible presence as a backup to the Risk Manager with the ability to articulate clearly the Company's risk management policies

• Supporting and maintaining the Company's internal control environment to ensure compliance with all risk policies and trading controls

• Leading daily analysis and explanation for business unit exposure and P&L in a timely and accurate manner

• Validating daily reconciliation of physical and financial positions to systems of record and front office control spreadsheets to support reporting accuracy and controls

• Ensuring prices are valid for valuing and marking all open positions to market

• Providing business explanations for the monthly financial results

• Providing daily exposure information used to calculate and back test VaR

• Performing regression testing of system upgrades and enhancements

• Supporting modeling analysis for possible trading scenarios and structured products

• Providing ad hoc analysis and decision support information for commercial business units

• Serving as back-up in order to allow for continuous coverage on all desks at all times

• Create efficient processes, systems and procedures with the goal of continuous improvement

Required Qualifications

• Legally authorized to work in the job posting country

• Bachelor's degree in Finance, Accounting or Economics

• 3 or more years of Commercial and/or Risk Management in Gas or Power

• Intermediate proficiency in Microsoft Excel

Preferred Qualifications

• A thorough understanding of the commercial aspects of the energy industry including proficiency in understanding commodity contracts and related financial instruments

• High degree of ethics, personal drive, sense of urgency, and dedication to achieve team goals and objectives

• Ability to lead a team in a collaborative manner

• Excellent written and oral communication and influence skills

• Ability to progress multiple tasks concurrently in a fast-paced work environment in order to drive consistent process improvement and meet deadlines

• Working knowledge of Allegro or equivalent ETRM experience

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 (http://hr.phillips66.com) .

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 July 4, 2024 .

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.

Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities