Full Time Climate Risk Analyst Jobs in Texas (NOW HIRING)

Phillips 66 & YOU - Together we can fuel the future
As the Risk Analyst (Advisor I, Product Control), 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 a great fit if you're detail-oriented, comfortable with numbers, and eager to translate insights into clear, compelling narratives. You'll gain exposure to modern risk tools, partner with commercial stakeholders, and grow through structured learning and hands-on mentorship-all while contributing to a culture that strives for excellence and supports your development.
What You'll Do

• Monitor and analyze market developments, track risk parameters, and support market risk management for various financial products.
• Produce timely and accurate daily analyses of business unit positions, exposures, and P&L; monitor and explain drivers of P&L change, reconcile physical and financial positions to ensure reporting accuracy and compliance to internal and external policies.
• Collaborate closely with Risk, Scheduling, Trading and FP&A teams to ensure data accuracy.
• Collect and interpret data to identify potential risks, provide business explanations for financial results, and contribute to the preparation of insightful reports.
• Support scenario modeling, maintain internal controls, and offer recommendations to managers, ensuring activities align with risk policies and regulatory requirements.
• Partner with commercial business units to deliver ad hoc analysis, decision support, and drive continuous process improvements.
• Resolve queries from internal teams, support system upgrades, and back up colleagues to ensure seamless coverage.
• Apply keen attention to detail and organizational skills to effectively manage competing priorities in a fast-paced environment and drive results.
• Develop your own capabilities through ongoing learning and contribute to a culture of integrity, accountability, and excellence, supporting the company's commitment to safety, inclusion, and high performance.

What You'll Bring - Required

• Legally authorized to work in the job posting country
• Bachelor's degree in Finance, Accounting, Economics, or a related field
• 1 or more years of relevant experience in market risk analysis, financial products, or a similar environment
• Intermediate or greater proficiency in Microsoft Office, with a strong emphasis on Microsoft Excel

What Makes You Stand Out - Preferred

• Experience in a market risk or energy commodity trading environment, 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 $93,600 - $114,400.
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.
The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.
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.
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. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. 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, cultivate an environment of trust, seek different perspectives and pursue excellence.
Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.
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 June 2, 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.
Phillips 66 is an Equal Opportunity Employer