ConocoPhillips

Sr. Analyst, Commercial Risk

Houston, TX

Full-time

About This Job

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

We are seeking a highly analytical and experienced Senior Energy Market Risk Analyst to join our Risk Management team. This role is critical in identifying, assessing, and mitigating market risks associated with energy trading activities, including power, natural gas, power, crude, ngl and LNG. The ideal candidate will have deep knowledge of energy markets, strong quantitative skills, and the ability to communicate complex risk concepts to stakeholders across the organization.

Position Overview

Your responsibilities may include:

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Monitor and analyze market risk exposures across energy trading portfolios

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Develop and maintain risk reporting tools for the monitoring and reporting of exposure, VaR, and earnings

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Provide daily, weekly, and monthly risk reporting to senior management and trading desks

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Collaborate with front office, middle office, and compliance teams to ensure risk policies are adhered to

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Evaluate new trading strategies and products for risk implications

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Support the development and enhancement of risk systems and tools

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Mentor junior analysts and contribute to a culture of continuous improvement

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Support modeling of proposed trading scenarios and structured products

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Participate in business improvement projects that might include supporting or leading cross-functional teams that implement systems enhancements and/or new business processes

Basic/Required:

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Must be legally authorized to work in the United States

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

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5 or more years of experience in energy market risk, trading risk, or a related analytical role

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5 or more years of experience with energy commodities such as electricity, natural gas, crude, or LNG

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Intermediate level of proficiency with Excel

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Intermediate level of proficiency in data visualization skills

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Intermediate level of knowledge of SQL and data visualization tools (e.g., Spotfire, Power BI, or related programs)

Preferred:

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Advanced level of proficiency in the development or maintenance of complex models

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Intermediate level of proficiency in risk modeling tools and platforms

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Intermediate level of knowledge of physical and financial products/contracts used in commodity trading and risk management (swaps, options, futures and forwards)

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Beginner level of knowledge of Right Angle and/or TriplePoint ETRM systems techniques

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Beginner level of knowledge of machine learning or advanced statistical

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Familiarity with regulatory frameworks

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Strong analytical and problem-solving abilities

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Excellent communication and presentation skills

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Ability to work independently and manage multiple priorities in a fast-paced environment

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Demonstrated willingness to drive change and improve work processes

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Delivers results through realistic planning to accomplish goals

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Builds effective solutions based on available information and makes timely decisions that are safe and ethical

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Listens actively and invites new ideas for shared understanding, then influences and acts to drive performance and achieve results

Apply By:

Jun 29, 2025

Sponsorship:

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

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.