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Phillips 66 North Sea Crude Oil Trader in London, United Kingdom

Phillips 66 & YOU - Together we can fuel the future

Basic Function

The post holder will be expected to create and deliver value for the P66 refining system, optimizing supply of advantaged feedstocks.The role provides an excellent opportunity to work as part of a global trading with a mandate for growth and diversification of trading activity.

Primary Functions / Responsibilities

  • Working with the other Global Sweet Crude traders and becoming a vibrant part of the London Crude team within Global Crude Trading.

  • Optimize P66 refining assets through purchases and sales of advantaged crude oil in the Atlantic basin region.

  • Work with the crude oil operations team to address any cargo operational issues.

  • Liaise with derivatives team to ensure any supply cargos are correctly hedged.

  • Monitor cargo B/L dates and adjust hedging requirements accordingly.

  • Drive market fundamental view and information flow across the Global Sweet Trading Team.

  • Liaison with other departments such as risk, contracts, finance and IT, activity as an ambassador for Global Crude Trading and assisting in the development of capability of back and middle office on support of global crude trading growth.

Critical Skills/Leadership Criteria

Basic/Required Qualifications:

  • Passed P66 Trader Assessment program or industry equivalent.

  • Market Analysis, Operations and position keeping experience preferred.

  • Hold the legal right to live and work in the UK on a permanent basis without restrictions or meet the criteria for employer sponsorship.

  • Bachelor's Degree from an accredited college or university.

  • Relevant experience in a similar role with a proven track record of earnings.

Preferred Skills / Competencies

  • Ability to deal with stress and what can be at times an extremely hectic working environment.

  • Basic understanding of refinery operations.

  • Creativity and ability to liaise with different individuals with different styles effectively.

  • Working knowledge of Platts Europe Crude Pricing Mechanism.

  • Excellent analytical & problem-solving skills.

  • Financial, economic and statistical analysis and/or modeling experience.

  • Outstanding MS Excel skills

  • Excellent written, oral communication, and presentation skills

  • Solid understanding of macroeconomic business environment drivers, i.e., supply, demand, price drivers.

  • Strong commercial acumen; quick thinker

  • Strong planning and organisational skills

  • Strong desire for personal learning and sharing of skills with others; team player.

Phillips 66 has significant marketing operations in Europe. In the UK the business is primarily wholesale, selling fuels to distributors (some of whom are branded JET) and resellers. The fuels are either collected by customers or delivered through a contracted road tanker fleet operating out of a number of UK distribution points. In addition, Phillips 66 Limited supplies a network of approximately 330 independently owned petrol forecourts, all of which are branded JET.

Other markets served are aviation, marine and LPG. JET supplies some of the UK's growing secondary airports using owned and shared refuelling tankers and storage, and delivers to airlines through contracted refuelling operations. Marine markets are served using contracted vehicles, as is the LPG business.

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 Monday 8th October 2024.

Phillips 66 is an Equal Opportunity Employer

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