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Phillips 66 Gasoline Trader in London, United Kingdom

Phillips 66 & YOU - Together we can fuel the future

Phillips 66 has been operating in the UK for over 65 years and we are as excited about our future as we are proud of our past. We are committed to improving lives, and that is our promise to our employees and 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.

Our company is built on values of safety, honour 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.

Our employees are the heart of our success, and there is a reason why we continue to attract great talent and it’s not just the excellent benefits package, or the opportunities for personal growth, it’s also the caring and committed culture of the organisation that makes everyone feel like they can bring their authentic self to work and be truly part of our team.

Basic Function

The Gasoline Trader will be responsible for developing trading opportunities within the Europe Commercial business, focusing on generating value through physical opportunity trading and blending, global arbitrage opportunities, and utilizing financial derivative instruments to complement their physical forward view.

Primary Accountabilities/Responsibilities

  • Creating value through buying, selling, and blending of physical gasoline, gasoline components, and naphtha within ARA, NWE, and Med markets.

  • Express market view/take risk via speculative derivative instruments.

  • Capture storage and global arbitrage opportunities.

  • Build strong internal relationships within the Global Commercial organization and with our key internal customers (Refining and Marketing)

  • Build strong relationships with external trading counterparties in order to understand their requirements, strategies, drivers, and business portfolio and market views.

  • Communicate market intelligence to key internal customers.

  • Negotiate term and spot contracts at multiple locations.

  • Provide cover for other Clean Products Traders as required.

  • Enter and maintain contracts in SAP.

Critical Skills/Leadership Criteria

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

  • Proven ability to make real-time commercial decisions that have a significant financial impact both independently and as part of the trading team

  • Knowledge/understanding of the international products markets

  • Understanding of risk/hedging tools to manage underlying positions

  • Ability to interface effectively with internal and external customers, counterparties, suppliers and consultants

  • Collaborative team player with ability to work constructively within a very close and often demanding team-working environment, and interact well with other parts of the group

  • Self-starter with desire to grow a business and develop their own role within it

  • Entrepreneurial mindset

  • Flexible; able to reassess market conditions and adjust market views accordingly

  • Strong verbal and written communication skills

  • Bachelors Degree from an accredited college or university

  • Proficiency in Microsoft Excel

Preferred Skills / Competencies

  • Previous Gasoline Blending and/or Naphtha trading experience

  • Proven ability to add significant value through trading expertise in the European markets, with experience of trading physical and financial products

  • Previous experience with gasoline/refinery operations

  • Knowledge/experience of marine issues pertaining to the movement of clean products.

  • Understanding of the characteristics of products and processes in terms of oil refining, including an appreciation of specifications, and global supply/demand economics.

Additional Information:

This role will require the wiliness to work various hours to manage communication across the globe and with key customers/suppliers. Some travel is required (10-20%)

In order to be considered for this position you must complete the entire application process, which includes answering all pre-screening questions and providing your signature by the requisition closing date.

We are on an exciting journey, are you ready to join us?

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 24th January 2025 .

Phillips 66 is an Equal Opportunity Employer

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