Trader, Crude Lease

Phillips 66 & YOU - Together we can fuel the future

As a Crude Lease Trader , you’ll operate at the forefront of dynamic energy markets, using your expertise to help shape strategy, support key decisions, and elevate overall commercial performance. This is a great opportunity for someone who thrives in fast‑moving environments and loves turning complex information into clear advantages.

What You’ll Do

Purchase, sell, and structure energy and derivatives transactions across short‑term and intermediate markets, using a fundamentals‑driven approach to identify value.

Develop and execute futures, options, swaps, and other pricing strategies that enhance physical positions, manage risk, and capture location and time‑spread opportunities.

Analyze supply and demand trends, trade flows, macro factors, and market structures to build informed trading views and respond to changing conditions.

Negotiate pricing and terms with strategic partners while ensuring compliance with policies, regulatory requirements, and defined risk parameters.

Apply advanced understanding of market dynamics, financial indicators, and trading techniques to solve complex problems and unlock commercial opportunities.

Partner with physical trading, origination, analytics, and risk teams to align derivatives activity with customer needs and broader commercial strategies.

Support demand forecasting, pricing strategy, and the development of customer‑focused risk‑management solutions.

Contribute to business planning by developing business cases, forecasting performance, and evaluating financial implications of key initiatives.

Help strengthen trading tools, analytics, and processes to improve efficiency, transparency, and decision‑making.

Serve as a subject‑matter expert by staying current on regulation and market best practices, sharing insights, and contributing to team capability development.

What You’ll Bring – Required

Bachelor’s degree or higher in Finance, Economics, Engineering, or a related field

3 or more years of experience that enables you to handle most trading situations independently and advise others

Legally authorized to work in the job posting country

What Makes You Stand Out – Preferred

Experience working directly with physical trading, origination, or cross‑commodity commercial teams

Advanced grasp of market fundamentals, curve dynamics, and derivatives structures

Demonstrated ability to develop customer‑focused solutions and contribute to commercial strategy

Familiarity with tools, analytics, or infrastructure used to support trading and risk decision‑making

Strong understanding of market dynamics, pricing principles, and risk considerations relevant to energy and derivatives markets

Ability to analyze complex information, make sound commercial decisions, and execute with discipline

Proven collaboration skills with the ability to work effectively across teams and stakeholders

Excellent verbal communication skills and the capability to convey ideas clearly and confidently

Compensation Range

This position has a base salary range of $171,000 - $209,000.

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.

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 (http://hr.phillips66.com) .

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, cultivate an environment of trust, seek different perspectives and pursue 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 03/20/2026 .

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 Equal Opportunity Employer