Trading Team Lead, NGL - North America
$244.8k - $299.2kPhillips 66
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 of contact for NGL trading across Commercial, Midstream, CFR, Risk, Finance, Operations and other key value‑chain partners to ensure appropriate support, issue resolution, and alignment on business priorities. Cultivate and manage key external relationships at a senior level to expand market presence, strengthen commercial access, and increase trading potential. Communicate strategy, performance, market developments, and risk perspectives clearly to senior stakeholders and leadership teams. Mentor talent and reinforce high standards for integrity, risk discipline, and commercial performance across the desk. What You’ll Bring – Required Legally authorized to work in the country where the posting is located. Bachelor’s degree or higher. 15 or more years of energy supply, trading, origination, or commercial experience. Deep understanding of NGL markets, commercial drivers, and the latest North American and global market developments. Demonstrated leadership experience overseeing commercial teams and managing performance in a fast‑paced trading environment. Proven ability to lead through others while maintaining accountability for desk‑level performance, portfolio alignment, and talent outcomes. What Makes You Stand Out – Preferred Proven ability and track record of generating value through strategy execution, trading, and leading high‑performing teams. Experience leading teams, developing talent, and building high‑performing commercial organizations. Results oriented with the ability to think and act decisively and independently under changing circumstances. Strong ability to work effectively with stakeholders across multiple functional areas to drive alignment and common goals. Highly developed negotiation skills with the ability to close complex transactions. Effective communication and collaboration skills, with experience partnering across functions and influencing senior stakeholders. Strong analytical, problem‑solving, and organizational skills. Ability to interface effectively with internal and external customers. Entrepreneurial mindset with the ability to grow a business, strengthen an organization, and continuously improve team capability. Demonstrated success in retaining, recruiting, and developing commercial talent in a competitive market environment. Knowledge or understanding of international energy markets. Compensation Range Base salary range: $244,800 – $299,200. The role is eligible to participate in the company’s commercial bonus program, offering the opportunity to earn additional compensation based on business and individual performance, in accordance with program guidelines. Benefits 8% 401(k) 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 Leadership Approach Lead Forward is our leadership approach; it defines how leaders make decisions and support their teams while delivering results in a complex, fast‑changing environment. This role emphasizes acting with integrity, making timely and thoughtful decisions, and taking ownership of outcomes while supporting collaboration across teams. To Be Considered To be considered for this position you must complete the entire application process, including answering all prescreening questions and providing your eSignature on or before the requisition closing date of June 29, 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 U.S. immigration law. 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. Phillips 66 is an Equal Opportunity Employer. #J-18808-Ljbffr Phillips 66
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