LPG Waterborne Trader

LPG Waterborne Trader IV

Location:

Houston, TX, US, 77042 Job Field:
Commercial Phillips 66 & YOU - Together we can fuel the future The LPG Waterborne Trader IV supports the execution of trading strategies primarily within the Phillips 66 global LPG and NGL business. The Global NGL Trading team is actively involved in building a high-performing organization by identifying and capturing trading opportunities and working across the NGL barrel to generate profit both regionally and globally as part of the Global NGL Trading team.

As part of the team, the LPG Waterborne Trader will be focused on trading LPG and supporting the broader Global NGL Trading Team in realizing annual profit objectives while adhering to Phillips 66 core values and vision to ensure the business remains a high-performance work unit. This role will contribute to providing offtake to Phillips 66 fractionation and export assets, including the Sweeny fractionation hub.

This is primarily an individual contributor role working under the guidance of the Global LPG Trading Lead to meet NGL trading functional and business goals in a timely and organized manner.

What You'll Do

• Serve as a key contributor to global LPG team strategy and execution of strategy.
• Work closely with the Phillips 66 Midstream Sweeny Hub Optimization team.
• Execute spot and short-term LPG contracts.
• Optimize LPG cargo activity at Freeport LPG Export Terminal.
• Serve as backup to the Waterborne LPG trader and others.
• Collaborate with Origination to develop long-term customer portfolio.
• Collaborate and share information with traders in our Houston, London, and Calgary offices to proactively identify, develop, and implement trading strategies linked to regional and global arbitrage opportunities.
• Support physical LPG trading activity and use financial and derivative tools, as appropriate, to add value.
• Contribute to the Houston NGL team realizing annual profit objectives.
• Develop and maintain counter party relationships to conclude LPG transactions, expand our market presence, and increase trading potential.
• Work with the marine department, operations, and other logistics teams to optimize freight and execution.
• Work closely with risk management and follow company risk management policies for all trades to ensure proper controls and return thresholds are aligned with corporate goals.
• Contribute to and leverage data analytics to enhance market insights and trading efficiency.
• Capture deal details accurately into our Deal Capture System for accurate reporting.
• Coordinate and promote business development and growth activities.
• Work with mid- and back-office support teams to ensure accurate reporting of positions.
• Continuously challenge and debate existing strategies and new trade ideas.

What You'll Bring – Required

• Legally authorized to work in the job posting country
• Bachelor's degree or higher
• 3 or more years of relevant commercial, trading, or energy experience
• 1 or more years of LPG, NGL, or related products trading, marketing, scheduling, or commercial experience

What Makes You Stand Out – Preferred

• Prior experience as an LPG Trader
• Entrepreneurial mindset and ability to work effectively in a dynamic commercial environment
• Understanding of LPG and NGL trade flows and the commercial drivers of regional and global arbitrage
• Familiarity with supply and demand fundamentals, pricing structures, and market dynamics affecting LPG markets
• Understanding of pricing and volume exposures and tools and strategies for managing risk
• Analytical mindset with strong decision-making skills
• Strong negotiating skills
• Knowledge of LPG cargo operations, marine markets, and logistics
• Knowledge of regional LPG logistics, terminals, and export infrastructure
• Results oriented with the ability to think and act decisively under changing circumstances
• Excellent teamwork, interpersonal, and communication skills, including the ability to work effectively across functions and cultures
• Ability to collaborate, share market intelligence, and contribute in a high-performing team environment
• Proficiency in trading software such as Bloomberg, ICE Connect, and WebICE
• Advanced computer spreadsheet skills

Compensation Range

This position has…