Home > United States > Texas > Houston > trades services

Pricing Director

Pricing Director

Pricing Director

Phillips 66
Houston, TX 77042

Job details

Job Type

Phillips 66 & YOU - Together we can fuel the future

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. 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. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.


The Pricing Director will be part of an international team providing single point of contact to the business for forward price curve designs, price validation and curve uploads as required for the Phillips 66 Commercial organization. This includes coordinating with IT support groups to ensure that the "right prices are delivered to the right systems at the right time". The price curves will service our Houston, London and Asia trade portfolios. This role is critical to the daily Profit/Loss and global Value at Risk calculations.

Responsibilities May Include

Designing and maintaining price curves for the US, London and Asia portfolios.

Working with systems support teams to ensure that curve requests are completed in a timely manner and that curves perform per customer expectations.

Performing end of day manual curve uploads and developing quality assurance checks to ensure that manual prices are correct for overnight business processes.

Driving consistency in curve designs across different target systems and regions.

Designing time adjusted price curves to ensure traders in different regional offices have locally timed price curves for Profit/Loss and Risk measurement.

Working with IT to automate price delivery into the target systems and reduce the number of curves that require manual loading.

Working with Position Control, Risk and Finance analysts to review Profit/Loss, Mark to Market and VaR results for accuracy regarding the input prices.

Maintaining data on manually loaded curves for audit/SOX.

Supervising a small staff of pricing analysts - provide mentoring, promote knowledge transfer, and maintain alignment of pricing processes with the broader P66 Commercial organization.

Required Qualifications

Legally authorized to work in the job posting country

Bachelor’s degree

2 or more years of experience reviewing, building or validating price curves

2 or more years of experience working with position valuation calculations

Preferred Qualifications

7 or more years of experience in energy supply and trading (crude oil, refined products, renewables, natural gas, and power)

Experience with Energy Trading and Risk Management systems (ETRMs) and associated supporting software (Solarc, OpenLink, Aligne, Morningstar/LIM, SAP)

Ability to provide pricing support on all days that commercial conducts business (will include some corporate holidays)

Proficiency maintaining complex Excel models that use Visual Basic

Excellent interpersonal and team skills

Detail oriented and organized

Strong customer service focus

Prior experience leading a team or project

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, with an additional 0-4% Company 401k contribution based on the Company’s financial performance

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 at .

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 February 22, 2022 .

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

Requisition ID: 55564

Location: Texas - Houston

Job Field: Pricing and Supply

Division : Finance

Technical Req : No

Hiring Insights

Hiring for this role

• Mobile: NA

• Location: NA

• Post ID: 21430736

Related Ads (See all)

Home | My Account | Contact | Privacy | Terms | Free Classifieds | Free ads
bedpage is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2022  bedpage