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Trading Team Lead, NGL - North America

Job in Houston, Harris County, Texas, 77246, USA
Listing for: Phillips 66
Full Time position
Listed on 2026-07-01
Job specializations:
  • Management
    Corporate Strategy, Risk Manager/Analyst, Financial Manager, BD Manager
Salary/Wage Range or Industry Benchmark: 244800 - 299200 USD Yearly USD 244800.00 299200.00 YEAR
Job Description & How to Apply Below

Phillips 66 & YOU – Together we can fuel the future. The Trading Team Lead, NGL – North America (Director) is the trading team lead for North America NGL trading within the Phillips 66 Commercial organization. Building upon existing physical assets, customer relationships, and commercial flows, this role is accountable for setting strategy and leading value generation through physical and financial trading, origination, portfolio optimization, and commercial integration activities.

As a member of the Global NGL Trading leadership team, the position serves as the commercial and organizational leader for the North America NGL trading desk. The role is responsible for setting direction for NGL trading activity, maximizing value for Phillips’ refinery and Midstream assets, supervising and developing a team of traders across Houston and Calgary, and overseeing earnings responsibility for Phillips’ butane blending business and propane marketing.

The leader will ensure the desk meets profit, growth, portfolio, and risk management objectives and works closely with the Team Lead, Global LPG to align strategy.

What You’ll Do
  • Lead the North America NGL trading desk to achieve annual profit objectives while maintaining alignment with company risk, governance, and performance expectations.
  • Manage all refinery supply and offtake of NGL, ensuring high utilization of downstream conversion units.
  • Collaborate closely with Midstream teams to maximize value across the full Midstream asset base, including fractionators, storage caverns, pipelines, and terminals.
  • Develop and set the strategic direction for North America NGL physical and financial trading activities to support profitability, growth, portfolio optimization, and integration with the broader global LPG business.
  • Own the overall performance of the desk, including commercial results, portfolio positioning, risk alignment, decision quality, and execution standards.
  • Supervise, coach, and develop traders located in Houston and Calgary, providing clear direction, regular feedback, performance management, and day‑to‑day leadership to support strong commercial execution and professional growth.
  • Assume strategy and profit responsibility for Phillips’ butane blending and propane marketing businesses.
  • Build, retain, and attract high‑performing trading talent by leading staffing plans, succession planning, promotions, recruiting, and organizational capability development as business needs evolve.
  • Establish desk priorities and role clarity across the team, and ensure resources are aligned with business needs and commercial opportunities.
  • Actively trade one or more physical and financial books.
  • Work closely with the Trading Lead, Global LPG to align commercial priorities, portfolio strategy, customer and supply development, and market views across related businesses and regions, providing local support for Global LPG team personnel.
  • Lead all North America NGL growth initiatives, including development of new commercial opportunities, origination activity, customer relationships, and market positioning that expand Phillips 66 participation and profitability.
  • Guide traders and marketers on daily commercial tactics and portfolio decisions, ensuring trading activity is grounded in sound economics, aligned with strategic priorities, and informed by evolving market conditions.
  • Lead the desk in aligning market views, managing exposures, challenging assumptions, and making disciplined portfolio decisions.
  • Lead the desk’s approach to market intelligence, scenario analysis, and commercial planning.
  • Provide senior support or back‑up coverage across trading books when required, while maintaining primary accountability for leadership of the desk.
  • Collaborate with trading leads in other commodities, regions, and offices to share market intelligence, align strategy, and identify cross‑commodity or cross‑regional value opportunities.
  • Ensure the trading organization complies with all governance and internal control requirements related to risk management, legal, compliance, credit, delegations of authority, and corporate policies.
  • Maintain strong internal relationships as a senior commercial point…
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