About the role
The Analyst, Reporting & Position Control position is responsible for supporting the monitoring and reporting of all physical and paper commodity trades using the commercial department's deal capture, position reporting and risk management systems. The position serves as an expert resource to the position control and risk analysis functions, solving problems, working special projects, training new analysts and backing up analysts during transitions.
Responsibilities May Include:
Producing a daily analysis and explanation for business unit positions, exposure, and P&L in a timely and accurate manner.
Preparing a daily reconciliation of physical and financial positions to systems of record and front office control spreadsheets to support reporting accuracy and controls.
Providing business explanations for the monthly financial results.
Supporting and maintaining the Company's internal control environment to ensure compliance with all risk policies and trading controls.
Providing daily exposure information used to calculate and back test VaR.
Performing regression testing of system upgrades and enhancements.
Supporting modeling analysis for possible trading scenarios and structured products.
Providing ad hoc analysis and decision support information for commercial business units.
Serving as back-up in other regions or products to allow for continuous coverage on all desks at all times.
Ensuring prices are valid for valuing and marking all open positions to market.
About the company
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, create an environment of trust, seek different perspectives and achieve excellence.