Phillips 66

Advisor III, Product Control - Risk Analyst

Phillips 66$125K — $152K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the United States
  • Bachelor's degree in Finance, Accounting, Economics, or a related field
  • 3+ years of experience in market risk, product control, middle office, finance, or accounting
  • Intermediate proficiency in Microsoft Office, especially Excel

Responsibilities

  • Monitor and analyze market developments and risk parameters across various financial products.
  • Produce accurate analyses of business positions, exposures, and P&L, and reconcile reporting accuracy.
  • Provide clear analysis and actionable insights to stakeholders, establishing trust as a contributor.
  • Interpret complex data to identify potential risks and prepare insightful reporting for decision-makers.
  • Evaluate issues using business activity understanding and recommend solutions aligning with risk policies.
  • Support scenario modeling and strengthen internal controls to ensure compliance and risk alignment.
  • Partner with business units to deliver ad hoc analyses and process improvements.

Benefits

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with annual Health Savings Account contribution
  • Total well-being programs including Employee Assistance Plan and family care services
Full Job Description
As the Advisor III, Product Control- Risk Analyst, you'll join a team that values clarity, integrity, and inclusive teamwork-helping the business make confident decisions in an ever changing market. This role is best suited for someone who brings strong analytical judgment, commercial curiosity, and the ability to work independently in a fast-paced environment. You'll apply advanced problem-solving skills to interpret complex position, exposure, and P&L information, provide clear business insights to stakeholders, strengthen controls, and help drive continuous improvement across processes, reporting, and systems.

What You'll Do
  • Independently monitor and analyze market developments, track risk parameters, and support market risk management activities across various financial products.
  • Produce timely and accurate daily analyses of business unit positions, exposures, and P&L; identify, investigate, and explain key drivers of P&L change; reconcile physical and financial positions to ensure reporting accuracy and compliance with internal and external policies.
  • Serve as a trusted individual contributor and thought partner to Risk, Scheduling, Trading, FP&A, and other key stakeholders by providing clear analysis, sound judgment, and actionable insights.
  • Collect, interpret, and synthesize complex data to identify potential risks, explain financial results, and prepare insightful reporting for business partners and leadership.
  • Apply a deeper understanding of business activity, market drivers, and control processes to evaluate issues, recommend solutions, and escalate concerns appropriately.
  • Support scenario modeling, maintain and strengthen internal controls, and provide recommendations that ensure activities align with risk policies, accounting guidance, and regulatory requirements.
  • Partner with commercial business units to deliver ad hoc analysis, decision support, and process improvements that enhance reporting quality, operational efficiency, and risk transparency.
  • Investigate and resolve complex issues and queries from internal teams, support system enhancements and upgrades, and provide coverage and guidance across the team as needed.
  • Demonstrate strong attention to detail, organization, and prioritization skills to manage competing deadlines and deliver high-quality work with limited oversight.
  • Build and maintain effective working relationships across functions while contributing to a culture of integrity, accountability, safety, inclusion, and high performance.


What You'll Bring - Required
  • Legally authorized to work in the United States
  • Bachelor's degree in Finance, Accounting, Economics, or a related field
  • 3 or more years of experience in market risk, product control, middle office, finance, or accounting
  • Intermediate or greater proficiency in Microsoft Office, with a strong emphasis on Microsoft Excel


What Makes You Stand Out - Preferred
  • 5 or more years of experience in a market risk or energy commodity trading environment, with an understanding of trade lifecycle and settlement processes
  • Experience in ETRM systems (Right Angle, Openlink, and/or SAP)
  • Ability to thrive in a fast-paced, open trade floor environment and manage multiple priorities


Compensation Range

This position has a base salary range of $125,100 - $152,900.

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.

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.

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 July 5, 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.

About Phillips 66

Phillips 66 is a growing energy manufacturing and logistics company. They’re the only integrated downstream company to combine leading midstream, chemicals, refining, and marketing and specialties businesses. With this diverse portfolio, Phillips 66 is uniquely positioned to capture opportunities of the changing energy landscape. Their Midstream segment includes Phillips 66’s transportation business, including operations of Phillips 66 Partners LP, their master limited partnership which conducted an initial public offering in July 2013; a 50 percent interest in DCP Midstream, LLC; and natural gas liquids (NGL) operations. DCP Midstream is the largest NGL producer and one of the largest natural gas gatherers and processors in the United States, with 63,000 miles of pipeline, 62 plants and 12 NGL fractionators.

Phillips 66 Careers

Join the Phillips 66 team today and be part of a thriving company renowned for leadership in the energy sector. At Phillips 66, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Work You’ll Do

Embark on a career with Phillips 66, where you can apply your skills to influence the energy industry positively. Our team is dedicated to excellence and seeks professionals who are passionate about driving change and achieving results. With Phillips 66, you will lead projects that matter, from groundbreaking energy solutions to sustainable practices that shape the future.

Explore Our Diverse Opportunities

Whether you're looking for an internship, a full-time position, or a leadership role, Phillips 66 has a range of employment options to suit your career ambitions. Our job opportunities span various disciplines, offering roles in engineering, business development, finance, and more. Each position at Phillips 66 is a stepping-stone to further growth and professional development.

Innovate and Grow

At Phillips 66, innovation is at the core of everything we do. We encourage our team to bring fresh ideas and perspectives to the table, fostering a culture of continuous improvement and creative problem-solving. Join us and contribute to industry-leading projects and initiatives that set Phillips 66 apart from the competition.

Develop Your Career

Phillips 66 is committed to the development of its employees. We offer comprehensive benefits and diversity training programs designed to enhance your skills and advance your career. From leadership development workshops to networking events, we provide the resources you need to succeed.

Be Part of Our Team

Our company culture celebrates diversity, encourages collaboration, and promotes an inclusive environment where everyone is respected and valued. By joining Phillips 66, you become part of a global team committed to excellence, integrity, and respect for the community and the environment.

Future-Proof Your Career

With Phillips 66, you are not just finding a job; you are building a career. We support your journey with unmatched training, mentorship, and opportunities to advance. Tailor your career path with various roles and projects that challenge and excite you.

Stay Connected

Discover the many ways Phillips 66 can enhance your career through our Jobs and Careers portal. Search open positions that match your interests and skills, and prepare your resume to take the first step towards a rewarding career at Phillips 66.

Keep Up to Date

Stay informed with the latest company news, career tips, and industry insights by subscribing to our careers blog. Gain insider perspectives that can help you navigate your professional journey effectively.

Join Our Team

Ready to make a significant impact? Explore the employment opportunities at Phillips 66 and find the perfect role that aligns with your skills and career goals. We are continuously hiring and looking for ambitious, curious, and driven team players.

SEARCH PHILLIPS 66 JOBS

Phillips 66 is where your career can thrive, surrounded by a community of leaders and innovators. Join us and fuel your future with one of the leading energy companies in the world.
Learn more about Phillips 66
Size
14,000 employees
Market Cap
$47.8 billion
Industry
Net Income
-$3.9 billion
Founded
1917
5 Year Trend
+5.6%
Revenue
$63.4 billion
NASDAQ

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