Business Analyst, Reporting and Position Control Specialist

4 weeks ago


Houston, Texas, United States Phillips Full time

Job Summary

The Position Control and Risk Analysis Specialist, Reporting and Analysis will support the monitoring and reporting of all physical and paper commodity trades using the commercial department's deal capture, position reporting, and risk management systems.

This role serves as an expert resource to the position control and risk analysis functions, solving problems, working special projects, training new analysts, and backing up analysts during transitions.

Key Responsibilities

  • Producing a daily analysis and explanation for business unit positions, exposure, and P&L in a timely and accurate manner
  • Preparing a daily reconciliation of physical and financial positions to systems of record and front office control spreadsheets to support reporting accuracy and controls
  • Providing business explanations for the monthly financial results
  • Supporting and maintaining the Company's internal control environment to ensure compliance with all risk policies and trading controls
  • Providing daily exposure information used to calculate and back test VaR
  • Performing regression testing of system upgrades and enhancements
  • Supporting modeling analysis for possible trading scenarios and structured products
  • Providing ad hoc analysis and decision support information for commercial business units
  • Serving as back-up in other regions or products to allow for continuous coverage on all desks at all times
  • Ensuring prices are valid for valuing and marking all open positions to market

Requirements

  • Legally authorized to work in the job posting country
  • Bachelor's degree
  • Intermediate proficiency in Microsoft Excel

Preferred Qualifications

  • Working knowledge of Allegro
  • Bachelor's degree in Finance, Accounting, or Economics
  • Ability to work with and be part of several different teams in an open trade floor environment
  • Previous experience with ETRM implementation and/or ETRM enhancement projects
  • Market risk role or energy commodity trading experience in natural gas or power
  • Ability to juggle tasks in a fast-paced work environment in order to drive consistent process improvement and meet deadlines
  • Keen attention to detail
  • Organizational skills
  • Ability to work with minimal supervision and handle multiple priorities
  • Passion to excel (setting high standards, delivers results)
  • Solid oral and written communications skills

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company with a history of more than 140 years. 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.


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