Phillips 66

Engineer III, Pipeline Risk

Phillips 66 • $127K — $156K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the United States
  • Bachelor's degree or higher
  • 3 years of experience analyzing engineering, asset, inspection, reliability, integrity, or operational data
  • Experience applying structured risk-management and risk-assessment methods
  • Experience interpreting pipeline design and integrity information

Responsibilities

  • Perform risk analyses using the Phillips 66 Pipeline Risk Model and other risk-assessment methods
  • Maintain, evaluate, and enhance risk-model data inputs and quality processes
  • Integrate and analyze pipeline information from various data sources
  • Validate and ensure data accuracy in risk models
  • Evaluate risk measures and provide technical recommendations
  • Develop and update risk assessments and technical deliverables
  • Prepare executive-level summaries explaining risk changes and recommendations

Benefits

  • 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
  • Total well-being programs including Employee Assistance Plan and well-being reimbursement
Full Job Description
As an Engineer III, Pipeline Risk, you will apply engineering judgment, pipeline integrity principles, and data-driven risk practices to help Phillips 66 Midstream understand and manage pipeline integrity risk. This role combines technical analysis, risk-model interpretation, and cross-functional collaboration to produce clear recommendations that support safer operations, informed decision-making, and continuous improvement in risk management. You will work closely with Asset Integrity, field, technical, and data teams to strengthen the quality, usability, and strategic value of pipeline risk information.

What You'll Do

  • Perform pipeline risk analyses using the Phillips 66 Pipeline Risk Model and other applicable risk-assessment methods, analyzing probability-of-failure and consequence-of-failure drivers to identify high-risk pipeline segments and threat-specific risk profiles.

  • Maintain, evaluate, and improve risk-model data inputs, lookup values, algorithms, and data-quality processes, applying structured data analysis techniques to inspect, cleanse, transform, and model information used in the risk model.

  • Integrate and analyze pipeline information from sources such as PODS, CIM, GIS data, inspection records, operating history, maintenance history, corrosion data, damage-prevention information, and consequence-related datasets.

  • Validate risk-model data, identifying gaps, inconsistencies, outliers, and misalignments; partner with data owners and subject-matter experts to resolve issues and strengthen data accuracy and completeness.

  • Evaluate preventive and mitigative measures, including leak-detection capability, geohazards, third-party damage, and corrosion, and provide risk results and technical recommendations that support assessment planning, inspection-method selection, and reassessment prioritization.

  • Develop and update risk worksheets, risk assessments, assessment-planning inputs, alignment-sheet information, dashboards, and other technical deliverables, and respond to ad hoc requests for business planning, facility risk applications, and regulatory support.

  • Prepare executive-level summaries that clearly explain risk-ranking changes, uncertainty, assumptions, and recommended actions to management and field stakeholders, and document analysis methods, data limitations, results, and decision rationale in a clear, traceable manner.

  • Support the integration of risk outputs with GIS, pipeline integrity, facility integrity, and other Asset Integrity processes.

  • Monitor changes in applicable regulations, codes, standards, company procedures, and industry practices, and assess their impact on risk methods and data requirements.

  • Identify and lead opportunities to automate, simplify, standardize, and improve risk-analysis workflows, data integration, reporting, and quality controls, contributing to the ongoing refinement of Phillips 66's broader data and analytics strategy.

  • Participate in incident, near-miss, and lessons-learned evaluations that inform risk-model or risk-data updates, and follow Phillips 66 safety, operating, information-management, engineering, and integrity-management requirements.

  • Build and maintain technical expertise in pipeline risk and data analysis through ongoing training, professional development, and awareness of emerging technology, regulations, and industry best practices.


What You'll Bring - Required

  • Legally authorized to work in the United States

  • Bachelor's degree or higher

  • 3 years of experience analyzing engineering, asset, inspection, reliability, integrity, or operational data

  • Experience applying structured risk-management, risk-assessment, reliability, or engineering-analysis methods


  • Experience interpreting pipeline design, construction, operating, maintenance, inspection, corrosion, and integrity information


What Makes You Stand Out - Preferred

  • Bachelor's degree in engineering, applied mathematics, data science, geology, geography/GIS, or a related technical discipline

  • 6 years of experience analyzing engineering, asset, inspection, reliability, integrity, or operational data

  • Experience with pipeline integrity management for gas transmission, hazardous-liquid transmission, or gathering systems

  • Working knowledge of PHMSA requirements, including 49 CFR Parts 192 and 195, and related state requirements

  • Working knowledge of API RP 1160, ASME B31.8S, and other applicable pipeline integrity standards

  • Experience with quantitative, probabilistic, relative, scenario-based, or consequence-based risk assessment

  • Experience with pipeline risk models, spatial risk analysis, or integrity-management databases, including tools such as PODS, CIM, SRA, Esri ArcGIS, or Oracle/SQL data

  • Experience integrating tabular, spatial, inspection, operating, maintenance, corrosion, and public data sources

  • Experience with data-quality assessment, data governance, data visualization, dashboard development, or workflow automation

  • Experience with HCA/MCA evaluation, spill-impact analysis, and public-safety and environmental consequence analysis, including air-dispersion analysis for HVL pipelines using PHAST where applicable

  • Proficiency with Microsoft Excel and PowerPoint, and experience with SQL, Python, FME, or Power BI

  • Experience preparing technical documentation for audits, regulatory inquiries, management reviews, or formal integrity records


Compensation Range

This position has a base salary range of $127,800 - $156,200.

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.

Midstream

The Phillips 66 Midstream business is a safe, reliable, and trusted provider for the movement, storage, gathering, and processing of liquid or gas energy via pipelines or terminals. We are an industry leader in logistics and operate or manage more than 70,000 miles of pipelines that transport crude oil from oil fields to refineries and finished products from refineries to storage terminals. We operate 39 terminals that supply finished products to consumer gas stations, as well as crude oil and NGL storage terminals and NGL fractionation facilities. Our capabilities include extensive natural gas gathering and processing operations, enhancing our wellhead-to-market strategy. We also provide the connectivity between the various Phillips 66 business units.

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.

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.

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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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