About the Role
The Global Trading Lead, Derivatives will build and manage an energy-focused derivatives trading team within the Phillips 66 Commercial organization, guiding the team through complex market environments while ensuring strategic alignment and accountability.
Responsibilities
- Build, structure, and develop a derivatives trading team and execution model.
- Manage the derivatives trading team within authorized risk and drawdown levels.
- Collaborate with trade compliance to ensure adherence to exchange position limits.
- Communicate trading positions to management and other traders.
- Execute day-to-day trading of flat price, time spread, crack, margin, regional arbitrage, and cross-commodity derivatives.
- Develop, communicate, and execute derivatives trading strategies.
- Monetize information captured within the asset system and physical trading activities.
- Identify and execute opportunities to improve physical hedging activities.
- Support, advise, and manage risk associated with new physical business growth.
- Collaborate with physical trading and fundamental analyst teams to improve forward mass balance and trading analytics.
- Develop systematic and macro trading models to complement the trading portfolio.
- Coach, develop, and assess the team, including succession planning and talent development.
- Establish team priorities, performance expectations, and accountability mechanisms.
Requirements
- Legal right to live and work in the UK on a permanent basis or eligibility for employer sponsorship.
- Bachelor’s degree or higher.
- Proven trading experience with a record of strong derivative trading results.
Skills
- Quantitative analysis
- Option modelling
- People leadership
- Derivatives trading
- Risk management
- Strategic planning
- Systematic and macro trading modeling
Location
- London, UK
Education Level
- Bachelor’s degree or higher
About the Company
- Phillips 66 has over 140 years of experience in the energy industry.
- Committed to improving lives and fostering a diverse, inclusive work environment.
- Recognized by the Human Rights Campaign, U.S. Department of Labor, and Military Times for inclusive practices.
Equal Opportunity
- Phillips 66 is an Equal Opportunity Employer.
