Commercial Risk Analyst

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.

Who We Are

We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.

We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.

Fostering an Inclusive Work Environment

To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.

Job Summary

The Commercial Analyst plays a vital role in helping ConocoPhillips navigate market volatility and make informed, risk‑aware trading decisions across global energy portfolios. As part of the Risk Management team, this role provides analytical insight and independent oversight of market risk exposure across commodities such as power, natural gas, crude oil, natural gas liquids (NGLs), and liquefied natural gas (LNG).

This position is well‑suited for a curious, analytical professional who enjoys working at the intersection of data, markets, and decision‑making. The Analyst partners closely with trading, commercial, and compliance teams to translate complex risk metrics into clear insights that support disciplined risk‑taking, protect enterprise value, and enable responsible growth. The role offers meaningful exposure to energy markets, opportunities to deepen technical and commercial expertise, and a collaborative environment that values continuous learning and improvement.

Position Overview

Your responsibilities may include:

- Monitor and analyze market risk exposures across energy trading portfolios, identifying trends, concentrations, and emerging risks.

- Develop, maintain, and enhance risk reporting and analytical tools to measure exposure, Value at Risk (VaR), and earnings sensitivity.

- Deliver clear, timely daily, weekly, and monthly risk reports to senior management and trading teams, translating quantitative results into actionable insights.

- Partner with front‑office trading, middle‑office, and compliance teams to ensure alignment with market risk policies, limits, and governance standards.

- Evaluate new trading strategies, products, and structures by assessing their market risk profile and potential impact to the portfolio.

- Support the design, testing, and enhancement of risk systems, models, and data processes to improve accuracy, efficiency, and transparency.

- Contribute to scenario analysis and modeling of proposed trading strategies and structured products.

- Participate in business improvement initiatives, including cross‑functional efforts to enhance systems, analytics, and risk management processes.

- Mentor less experienced analysts and contribute to a collaborative, inclusive culture focused on continuous improvement and knowledge sharing.

Basic requirements:

- Legally authorized to work in the United States.

- Bachelor’s degree or higher in Finance, Economics, Engineering, Mathematics, or a related field, or foreign equivalent.

- 3 or more years of experience in energy market risk, trading risk, product control, or a similar analytical role.

- Experience working with energy commodities such as crude oil, natural gas, power, and/or liquefied natural gas (LNG).

- Proficiency with analytical and reporting tools, including Microsoft Excel and data visualization platforms.

Preferred requirements:

- Experience with one or more programming or analytics tools such as SQL, Python, Power BI, or Spotfire. Working knowledge of market risk concepts, metrics, and reporting methodologies.

- Experience with Energy Trading and Risk Management (ETRM) systems such as RightAngle or TriplePoint.

- Market risk or product control experience supporting crude oil trading activities.

- Advanced experience developing, enhancing, or maintaining quantitative risk models.

- Familiarity with regulatory or compliance frameworks relevant to commodity trading and risk management.

- Knowledge of advanced statistical techniques or machine learning applications in a risk or market context.

- Working knowledge of physical and financial commodity contracts, including swaps, options, futures, and forwards.

- Strong analytical, problem‑solving, and critical‑thinking skills.

- Ability to communicate complex quantitative information clearly to both technical and non‑technical audiences.

- Demonstrated ability to manage multiple priorities independently in a fast‑paced, dynamic environment.

- Builds strong relationships based on trust and seeks opportunities to collaborate across the matrix/organizational boundaries to achieve business goals.

- Invites dialogue to gain a shared understanding and influences with confidence to drive performance and achieve business results.

- Takes ownership of actions and follows through on commitments by courageously dealing with important problems, holding others accountable and standing up for what is right.

Physical Demands & Work Environment:

- This role is primarily office‑based in a professional work environment.

- Extended periods of time spent working at a computer and analyzing data are expected.

- Occasional travel may be required depending on business needs.

Apply By:

Mar 23, 2026

Sponsorship:

ConocoPhillips’ sponsorship for employment authorization in the U.S. is NOT available for this position.

Benefits Overview

ConocoPhillips offers a competitive and comprehensive benefits package designed to support your well-being and career growth:

- Health & Wellness: Medical, dental, vision, mental health support, and wellness programs.

- Financial Security: Competitive base pay, annual performance bonuses, and retirement savings plans.

- Work-Life Balance: Paid time off, paid parental leave, and family support resources.

- Career Development: Access to training, mentoring, and internal career mobility tools.

- Recognition & Inclusion: Peer-nominated awards, inclusive culture, and employee resource groups.

Why ConocoPhillips

At ConocoPhillips, we believe our people power the future of energy. We’re committed to creating a workplace where employees feel valued, supported, and inspired to grow—professionally and personally.

We don’t just offer jobs—we offer meaningful careers in a company that values how we work as much as what we achieve.

EEO:

In the US, ConocoPhillips is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information, or any other legally protected status.