Location: Houston,TX, USA
Phillips 66 & YOU - Together we can fuel the future
The Analyst, Reporting & Position Control position is responsible for 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.
Responsibilities May Include:
Producing a daily analysis and explanation for business unit positions, exposure, and P&L in a timely and accurate manner
Preparing a daily reconciliation of physical and financial positions to systems of record and front office control spreadsheets to support reporting accuracy and controls
Providing business explanations for the monthly financial results Supporting and maintaining the Company's internal control environment to ensure compliance with all risk policies and trading controls
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 other regions or products to allow for continuous coverage on all desks at all times
Ensuring prices are valid for valuing and marking all open positions to market
Required Qualifications:
Legally authorized to work in the job posting country
Bachelor's degree
Intermediate proficiency in Microsoft Excel
Preferred Qualifications:
Working knowledge of Allegro
Bachelor's degree in Finance, Accounting or Economics
Ability to work with and be part of several different teams in an open trade floor environment
Previous experience with ETRM implementation and/or ETRM enhancement projects.
Market risk role or energy commodity trading experience in natural gas or power
Ability to juggle tasks in a fast-paced work environment in order to drive consistent process improvement and meet deadlines
Keen attention to detail
Organizational skills
Ability to work with minimal supervision and handle multiple priorities
Passion to excel (setting high standards, delivers results)
Solid oral and written communications skills
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 11/15/2024 .
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