Professional Risk Manager Jobs in Houston, TX (NOW HIRING)

Phillips 66 & YOU - Together we can fuel the future

The Senior Manager, Global Product Control Crude position provides strategic leadership over market and commercial risk management activities, ensuring risk exposures are identified, monitored, and managed in alignment with the organization's risk appetite. This role leads a team of risk professionals, partners closely with business and trading stakeholders, and plays a critical role in protecting financial performance while enabling informed, risk-aware decision-making.

What You'll Do

• Lead and manage a team of market risk specialists and analysts responsible for day-to-day and long-term monitoring of market and commercial risk exposures across physical and financial products.
• Analyze, assess, and quantify risks associated with products, transactions, business activities, and market conditions, including the development and execution of tactical risk and scenario modeling.
• Enforce risk limits, validate physical and financial transactions, and ensure adherence to trading limits, risk control policies, and internal governance standards.
• Develop, implement, and maintain financial risk management policies, procedures, and control frameworks to support regulatory compliance and sound financial practice.
• Oversee audit programs related to commercial and financial risk, monitor remediation of findings, and escalate significant issues as appropriate.
• Partner with senior leaders to align risk management strategies with broader business objectives, budget plans, and organizational priorities.

What You'll Bring - Required

• Legally authorized to work in the job posting country
• Bachelor's degree
• 10 or more years of progressive experience in commercial, market, or financial risk management
• Advanced proficiency in risk assessment, risk mitigation, financial analysis, budgeting, and audit management
• Travel up to 5% of the time

What Makes You Stand Out - Preferred

• Experience managing risk for complex portfolios involving both physical and financial products
• Strong background in audit planning, regulatory compliance, and risk governance frameworks
• Proven ability to lead change, optimize processes, and build high-performing, diverse teams
• Advanced skills in scenario analysis, forecasting, and data-driven decision support
• Ability to anticipate emerging market, regulatory, or industry risks through horizon scanning and external awareness
• Demonstrated ability to interpret complex financial and market data to inform sound business decisions
• Strong leadership, communication, and performance management skills

Compensation Range 

This position has a base salary range of $180,900 - $221,100.

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.

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 14, 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.