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Phillips 66

Refines crude oil and markets fuels and lubricants

Advisor – Product Control

Risk ManagementPosted on Nov 12
Full-timeLondon, UKNo salary listed

About the Job

Requirements

  • A bachelor's degree in Finance, Accounting, Economics, Engineering, Math, or a related field is required.
  • Relevant experience in product control, middle office, finance, or accounting is required.
  • Strong Excel skills and a deep understanding of the trade lifecycle, settlements, and accounting are required.
  • Strong quantitative, critical reasoning, and problem-solving skills are required, including the ability to challenge assumptions and work through ambiguity with limited oversight.

Responsibilities

  • Lead timely and accurate exposure and profit and loss reporting for multiple books or more complex portfolios.
  • Perform advanced risk controls, including profit and loss explained, value at risk, and drawdown analysis, and investigate complex variances and valuation questions.
  • Partner with Trading, Operations, Risk, FP&A, and Accounting to resolve issues, align stakeholders, and improve reporting outcomes.
  • Lead month-end and mark-to-market to generally accepted accounting principles activities for assigned areas and help ensure sound control execution.
  • Support talent enhancement by mentoring junior analysts, sharing technical knowledge, and helping set priorities.
  • Drive continuous improvement efforts that optimize reporting, control processes, and stakeholder transparency.

Desired Qualifications

  • Intermediate SQL, VBA, or Python skills for data modeling, reporting, and variance analysis.
  • Experience with Power BI or similar reporting tools.
  • Knowledge of options, Greeks, storage valuation, or other advanced commodity valuation concepts.
  • Experience working with Market Risk on methodology alignment around value at risk and stress testing, or supporting audit evidence and remediation activities.
  • Professional certifications such as Financial Risk Manager or Chartered Financial Analyst.

About the Company

Phillips 66

Refines crude oil and markets fuels and lubricants

Phillips 66 refines crude oil into gasoline, diesel, jet fuel and other products, and moves energy through its own pipelines, terminals and gas processing plants. Its Midstream business gathers, processes and fractionates natural gas liquids, and the company owns half of Chevron Phillips Chemical, a large petrochemicals producer. It sells fuel to drivers and businesses under the Phillips 66, 76 and Conoco brands and makes Kendall lubricants. Revenue comes from refining margins, fee-based midstream services, fuel marketing, renewable fuels and its chemicals stake. Its roots trace to Phillips Petroleum, founded in 1917 in Bartlesville, Oklahoma, and it has operated independently from Houston, Texas, since 2012.

Company size
10,001+
Company stage
IPO
Headquarters
Houston, TX
Founded
1917

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