Phillips 66

Real Time Power Trader IV

Phillips 66$147K — $180K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the United States.
  • High School Diploma or GED equivalent.
  • 3+ years of relevant commercial, trading, or energy-market experience.
  • Experience in real-time power trading or regional power markets.

Responsibilities

  • Purchase, sell, and exchange physical and financial power under defined limits.
  • Analyze market fundamentals and trends to inform trading decisions.
  • Manage physical and financial positions using approved systems.
  • Document and communicate market activity accurately and timely.
  • Optimize demand, generation assets, and transmission utilization for value capture.
  • Negotiate transactions with producers, traders, and customers.
  • Engage in Virtual and FTR markets.

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 and incentives, including an Employee Assistance Plan.
Full Job Description
As the Real Time Power Trader IV, you will support short-term and intermediate power trading activities by applying sound commercial judgment, expert market analysis, and disciplined execution. The Trader plays a key role in optimizing value across power markets while operating within defined risk limits and maintaining strong internal and external relationships.

This position works a 12 hour rotating shift schedule (DuPont) including days, nights, weekends, and some holidays.

What You'll Do
  • Purchase, sell, and exchange physical and financial power within defined limits to support short-term and intermediate trading strategies.
  • Analyze market fundamentals, pricing trends, and locational dynamics to identify opportunities and inform trading decisions.
  • Schedule and manage physical and financial positions using approved trading and risk management systems.
  • Ensure accurate documentation and timely communication of market activity.
  • Optimize electricity demand, generation assets, and transmission utilization to capture value across markets.
  • Negotiate transactions with producers, traders, and customers in accordance with established policies and procedures.
  • Participate in Virtual and FTR markets.
  • Contribute to the development and expansion of trading strategies, products, and regional activity.


What You'll Bring - Required
  • Legally authorized to work in the United States
  • High School Diploma or GED equivalent
  • 3 or more years of relevant commercial, trading, or energy-market experience that prepares you to handle complex situations independently
  • Experience in real-time power trading, Virtual/FTR markets, or regional power markets


What Makes You Stand Out - Preferred
  • Bachelor's degree or higher
  • Experience with financial risk management tools and trade management systems
  • Experience purchasing, selling, or exchanging energy commodities
  • Experience negotiating pricing structures and commercial contract terms
  • Strong understanding of market fundamentals, risk management principles, and compliance requirements
  • Highly analytical with the ability to interpret complex market data and make timely decisions
  • Strong communication skills and ability to build effective counterparty and customer relationships
  • Demonstrated resilience and ability to perform in fast-paced, high-pressure trading environments


Compensation Range

This position has a base salary range of $147,600 - $180,400. This role is eligible to participate in the company's commercial bonus program, offering the opportunity to earn additional compensation based on business and individual performance, in accordance with program guidelines.

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.

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 July 1, 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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