. Phillips 66 & YOU - Together we can fuel the future

The primary purpose of this position is to optimize the feedstock slate to the Rodeo Renewed complex, and coordinate between Trading, Refining, Scheduling and Midstream to maximize profitabily across the value chain.

Responsibilities:

• Driving cross-functional dialogue to continually optimize global renewables feedstock slates and rates.
• Maximize CI credit capture economics within MOC limits.
• Understand LP model inputs and outputs, and be actively involved in the runs and results.
• Work with facility planning/economics personnel, traders, trade floor-based LP modeler and schedulers to align around feedstock availability assumptions.
• Lead the process to approve new feedstocks at the facility.
• Understand market developments/direction and share across the value chain to enable better, quicker decisions within the optimization process and better plan future refinery slates and rates.
• Work with London and Singapore on feedstock questions and optimization.
• Assist in setting up and implementing the process around the feedstock Quality Monitoring System at the facility.
• Be an active participant in determining refinery turnaround schedules/strategies given market factors and economic implications.
• Work with the team to minimize demurrage and dock optimization.
• Serve as Rodeo feedstock strategy point person and as a resource for regional refining system studies and projects including logistics opportunities and commitments.
• Help develop feedstock supply inventory targets and manage inventories to target. This includes heightened year-end activities support.
• Driving maximum results across the value chain:
  • Evaluate renewables feedstock logistics infrastructure to understand availabilities and relative general interest economics across the PSX system considering facility yields, inventory consequences, market structure implications, GI cost to ship, GI management of firm space commitments, 3rd party opportunities, etc.).
  • Ensure that we are optimizing across commodities (feedstock, renewable products, intermediates, etc.) and across functional lines (Commercial, Refining, Midstream, Marketing, etc.).
  • Work with RBI, Trading, Strategy, VCO Managers, Refining HQ and others to develop, implement and maintain crude feedstock strategy for the facility.
  • Lead optimization of feedstock supply during unplanned downtime events.
  • Work closely with scheduling to ensure that the refineries receive what was determined to be the most optimum achievable slate.
  • Track other feedstock optimization efforts results and report them timely (weekly one-liners, Opportunity Tracking Tool, etc.).

Required Qualifications:

• Legally authorized to work in the job posting country.
• Bachelor's degree.
• 3 or more years of Commercial experience in the fuel industry and value chain (refining, marketing, transportation).
• Intermediate proficiency of Microsoft Office Excel, Word, PowerPoint, Outlook.
• Must have the ability and willingness to work extended and non-standard hours, and/or be available 24/7 for questions/updates, and cover all issues during weekend or holiday coverage.

Preferred Qualifications:

• Bachelor's Degree in Chemical Engineering.
• 5 or more years of Commercial experience in the fuel industry or value chain (renewables, refining, marketing, transportation).
• 1 or more years of experience working with financial products/contracts used in commodity trading and risk management (swaps, options, futures and forwards).
• 3 or more years of experience scheduling petroleum products/crude/renewables.
• 1 or more years of experience with hedging.
• 1 or more year of contract negotiation.
• Understanding of US crude waterborne movements, inventory, crude oil contracts.
• 1 or more years of experience with the mid/back office duties of a global energy trading organization.
• Analytical approach to problem solving.
• Self-motivated.
• Able to multi-task and adapt to a changing environment.

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 .

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 06/03/2024 .

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 EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities

Nearest Major Market: Houston