Phillips 66 & YOU - Together we can fuel the future

 

 

The Distillate Strategist  provides market fundamentals, short/medium term supply/demand analysis, and trader support for the Distillate supply and trading function globally. In addition, this position will support ad hoc requests from Commercial Senior Management, Commercial groups, Chief Economist, Investor Relations, and Downstream. This position will be based in our Houston, TX office.
 
Responsibilities May Include:

Understanding key trading positions of Distillate trading, globally, at all times and coordinates analytical team’s work to suggest analysis that should be conducted to ensure that all aspects of a position are understood.   Development and maintenance of supply and demand models.  This will involve working closely with trading to understand the market and trends, incorporate downtime, seasonal cycles, macroeconomic variables and utilize import/export data to ensure the models are accurate and accepted by trading. Identify market anomalies and communicate to trading on what physical market and forward market changes might occur.   Providing market analytical support for Commercial by using supply and demand modeling and macro-economic data to develop a medium term (within ~24 months) view of the market.  Drawing on fundamental and technical data as appropriate to develop forward global market view predictive models.  Working with 3rd party consultants and brokers to understand and evaluate their views on oil movements and factor those into development of P66 market view.  Communicating external study results and market views to assist traders with successful implementation of trading tactics.  Understanding and communicating geopolitical and regulatory events/factors which impact price movements.  Leading information gathering process and development of presentation packages as needed.  Sharing knowledge freely and improve peer group understanding of own niche markets. Serve as a mentor to junior market analysts. Drive improvement of existing forecast models.  Leading ad-hoc projects and analysis around market fundamentals (including infrastructure changes) to support trade ideas.

 
Required Qualifications:

Legally authorized to work in the job posting country Bachelor’s degree  4 or more years commercial/trading or related experience in the energy industry  Proficient in Microsoft Excel, Word, and PowerPoint 

 

Preferred Qualifications:

Strong communication skills, both verbal and written to ensure clarity and common understanding Strong analytical, problem solving, and organizational skills Strong ability to manage multiple projects simultaneously Capable of gaining consensus and trust across multiple functional areas within and external to Commercial to build a common vision and direction  Bachelor’s degree in engineering, finance, or economics Ability to code in Visual Basic, Python and/or R Ability to adapt to quickly evolving requirements Ability to synthesize data into useful information, and articulate it in an easy-to-understand format Proactive in problem identification and resolution, can provide creative solutions to complex issues High degree of ethics, personal drive and dedication to achieve team goals and general interest objectives Proficient in SQL, Tableau, and Power BI Experience in Machine Learning Knowledge of Commercial trading businesses  An understanding of broader commodity markets (Crude, Gasoline, Distillates, NGLs) Knowledge of global commodity trading  Refining/petrochemical knowledge  High degree of collaborative skills. Ability to develop, lead and actively participate on cross functional teams Strong willingness and ability to support internal customers in business requirements High degree of initiative and works proactively to anticipate needs Excellent written, oral communication, inter-personal and presentation skills  High degree of collaborative skills; ability to develop, lead and actively participate on teams  Ability to manage conflict, influence others and persuade/facilitate resolution  Proficiency with statistical modeling software, Access or other database software, and economic model development

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 01/25/2025.

 

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