Senior Trader, Renewables Fuels

Phillips 66 & YOU - Together we can fuel the future

The Senior Trader, Renewables Fuels, will be responsible for developing, managing and trading markets such as RINs, renewable products and other environmental credit market opportunities. This position will focus on integrating our expanding portfolio of renewable fuels into a wider pool of compliance and voluntary demand. The successful candidate will work as part of a trading team covering Feedstocks (Food Waste, Animal Fats and Vegetable Oils), Renewable Diesel, Sustainable Aviation Fuel (SAF), Biodiesel, Renewable Naphtha, Ethanol and credits markets. Responsibilities will include physical and financial trading; expanding the scope of our renewable fuels trading; developing new business streams; managing and optimizing storage locations; managing and optimizing compliance obligations; securing term offtake and supply agreements; diversifying our fuels & credit trading pool and internal stakeholder management working closely with Refining, Emerging Energy, Value Chain Optimization and other Commercial groups.  Successful integration of growth initiatives will be a necessity as will development/direction of market analysis and new market development.

What You’ll Do

• Generate value (net margin) for Phillips 66.
• Effectively manage price risk exposure from trading activities.
• 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 renewable fuel & feedstock portfolio.
• Build strong internal relationships within the Global Commercial organization and with our key internal stakeholders.
• Acquire and communicate market intelligence to internal parties up to and including executive management.
• Support Refining, Marketing, Origination and Emerging Energy strategic initiatives that involve Renewables.
• Help ensure regulatory/compliance obligations are met.
• Become a recognised expert on renewable fuels key market and trading components for Phillips 66.
• Develop and refine trading strategies, evaluate supply and demand dynamics, and apply pricing tools and risk‑management techniques within established limits.

What You’ll Bring – Required

• Bachelor’s degree
• 5 or more years of experience trading in renewable fuels
• Legally authorized to work in the job posting country
• Advanced proficiency in real-time commercial decisions that have a significant financial impact both independently and as part of the trading team
• Intermediate proficiency in Microsoft Excel
• Ability to work various hours to manage communication across the globe and with key customers/suppliers
• Requires occasional travel (approximately 5–20%)
• Must have previous trading experience or attended and successfully completed the ConocoPhillips (pre-split) or Phillips 66 (post-split) Trader Assessment Course

What Makes You Stand Out – Preferred

• Previous experience of Renewable fuels, credit markets and feedstocks trading
• Knowledge of Biofuels and the economic value it creates in the Clean Product supply chain
• Knowledge of US RFS program and North American LCFS programs
• Knowledge of UK/EU Biofuels directives (RTFO/RED)
• Proven ability to add significant value through trading or marketing expertise in the North American markets, preferably with experience of trading physical products, compliance & voluntary credits and financial instruments
• Previous experience with marketing/trading/refinery/blending/oil movements operations
• Knowledge/experience of marine issues pertaining to the movement of products
• Understanding of the characteristics of products and processes in terms of oil refining, including an appreciation of specifications and global supply/demand economics
• Bachelor’s degree from an accredited college or university
• 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