Sr Risk Analyst

Phillips 66 & YOU - Together we can fuel the future

 

As a Sr Advisor I, Product Control (Sr Risk Analyst), you will provide advanced market risk analysis and help the organization understand and manage its exposure across physical and financial commodity markets. You will apply strong analytical skills, sound judgment, and business insight to strengthen daily controls, enhance reporting, and support a robust risk management framework.

 

What You’ll Do

• Deliver daily assessments of positions, exposures, and P&L drivers.
• Ensure timely and accurate reporting across assigned portfolios.
• Reconcile physical and financial positions to systems of record.
• Validate market prices and maintain strong internal controls.
• Support compliance with risk policies, trading limits, and regulatory expectations.
• Provide data for back‑testing, stress testing, scenario modeling, and MTM analysis.
• Identify trends that influence commercial decisions and provide actionable insights.
• Contribute to policy development and continuous process improvement.
• Support system enhancements and participate in testing updates to reporting platforms.
• Providing ad hoc analysis and decision support information for commercial business units.
• Coordinate across regions and products to ensure coverage and continuity.
• Train colleagues, validate models, and maintain strong data integrity.

 

What You’ll Bring – Required

• Legally authorized to work in the job posting country
• Bachelor’s degree or higher in Finance, Accounting, Economics, or a related field
• 7 or more years of experience in market risk, risk reporting, or a related commodity trading analytics environment
• Experience producing daily risk exposure reporting and performing reconciliations to systems of record
• Intermediate or greater proficiency in Microsoft Excel

 

What Makes You Stand Out – Preferred

• Strong experience in risk control for Clean Products and/or Renewables on a trade floor
• Working knowledge of SAP or experience in top tier ETRM systems such as Right Angle or Openlink
• Strong experience in SQL, VBA, Python
• Strong experience in Power BI or Tableau
• Strong organizational skills and ability to manage competing priorities in a fast‑paced environment
• Strong communication skills and experience preparing polished analytics reports
• Deep understanding of trade lifecycle, settlements and accounting
• Strong analytical skills in data analysis, risk assessment, and reporting

 

Compensation Range

This position has a base salary range of $140,400 – $171,600.

 

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

 

The Commercial organization  works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration.   Our truck and rail fleets support our feedstock and distribution operations.  Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.

 

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 incentive