At a Glance
- Tasks: Lead and develop a dynamic Derivatives trading team in the energy sector.
- Company: Join Phillips 66, a leader in energy with over 140 years of experience.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse teams and inclusive practices are at the heart of our mission.
- Why this job: Make an impact in a fast-paced environment while shaping the future of energy trading.
- Qualifications: Bachelor’s degree and proven trading experience required.
The predicted salary is between 80000 - 100000 £ per year.
Phillips 66 & YOU – Together we can fuel the future.
The Global Trading Lead, Derivatives is responsible for building and managing an energy-focused Derivatives trading team within the Phillips 66 Commercial organization.
This position can be based in London or Houston – a separate posting (62326) is open for Houston-based candidates.
At Phillips 66, Lead Forward is our leadership approach.
It defines how leaders show up, make decisions, and support their teams while delivering results in a complex, fast‑changing environment.
Leaders who lead other leaders are expected to scale strong leadership across teams.
This includes coaching leaders, aligning work to strategy, and breaking down barriers so teams can work together effectively.
You’ll guide others through change, encourage sound decision‑making, and ensure accountability for results.
- What You’ll Do
- Build, structure, and develop a Derivatives trading team as well as the execution model for derivatives within Phillips 66.
- Manage Derivatives trading team within authorized risk and drawdown levels
- Collaborate with the trade compliance team to ensure adherence to exchange position limits across the company.
- Efficiently communicate trading positions to management and other traders
- Day‑to‑day trading of flat price, time spread, crack, margin, regional arbitrage, and cross‑commodity derivatives positions
- Develop, communicate, and execute derivatives trading strategies
- Drive monetization of information captured within the Phillips 66 asset system and physical trading activities
- Identify and execute on opportunities to improve current physical hedging activities
- Support, advise, and manage risk associated with the growth of new physical business
- Work with the current physical trading and fundamental analyst teams to improve the process, accuracy, and usability of forward mass balance and other trading analytics
- Develop systematic and macro trading models to complement the Phillips 66 trading portfolio
- Coach, develop, and assess the Derivatives team, including leading succession planning and talent development
- Establish team priorities, performance expectations, and accountability mechanisms
- What You’ll Bring – Required
- Hold the legal right to live and work in the UK on a permanent basis, or the role you are applying for meets the criteria for employer sponsorship
- Bachelor’s degree or higher
- Proven trading experience, with a record of strong derivative trading results
- What Makes You Stand Out – Preferred
- Prior experience as a People Leader
- Expertise in quantitative analysis
- Experience with option modelling
We are on an exciting journey, are you ready to join us?
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.
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.
- Phillips 66 is an Equal Opportunity Employer
- #J-18808-Ljbffr
Global Trading Lead, Derivatives employer: Phillips 66
Phillips 66 is an exceptional employer, offering a supportive and inclusive work culture that values safety, honour, and commitment. With over 65 years of experience in the UK, employees benefit from excellent growth opportunities, a comprehensive benefits package, and a strong emphasis on personal development, all while being part of a diverse team that fosters trust and collaboration. Join us in our mission to fuel the future and make a meaningful impact in the communities we serve.
StudySmarter Expert Advice🤫
We think this is how you could land Global Trading Lead, Derivatives
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Phillips 66. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Global Trading Lead, Derivatives
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Phillips 66.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Phillips 66's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Phillips 66
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Phillips 66.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Phillips 66 will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Phillips 66 employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
