Power Trader Jobs (NOW HIRING)

Phillips 66 & YOU - Together we can fuel the future

As a Trader III, Real Time Power, you will support short-term and intermediate power trading activities by applying sound commercial judgment, market analysis, and disciplined execution. This role plays a key part in optimizing value across power markets while operating within defined risk limits and maintaining strong internal and external relationships.

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 job posting country.
• Bachelor's degree.
• 3+ years of experience enabling independent handling of most trading situations.

What Makes You Stand Out - Preferred

• Experience in real-time power trading, Virtual/FTR markets, or regional power markets.
• 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.
• 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.

Compensation Range 

This position has a base salary range of $125,100-$152,900. 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.

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 05/19/2026.

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.