Senior Market Risk & Quantitative Analyst

Phillips 66 Company; Houston (TX); On-site; USD 140,000 - 172,000; Full time

Benefits offered by this job

VCIP bonus

401k match

Medical benefits

Well-being programs

Job summary

Phillips 66 is seeking a Sr Market Risk & Quantitative Analyst to join a team supporting commodity trading by identifying, measuring, and reporting market risks. You will help build risk systems and perform analytics to monitor exposures and ensure adherence to risk appetite.

The role requires a strong quantitative background, expert Python, and SQL skills, plus experience in on-trading floor environments. Eligible for a comprehensive rewards package and salary range.

Qualifications

• Bachelor's degree or higher in STEM, financial engineering, or another highly quantitative field.
• 3+ years of market risk and quantitative analysis experience OR 3+ years of Python engineer-level coding in a quantitative environment.
• Expert-level Python programming skills and strong experience managing large data sets using SQL and other tools.

Responsibilities

• Produce timely and accurate global daily risk reports, including VaR and stress testing, and explain key drivers of change.
• Build and maintain systems used to calculate and report market risk, from position and price data through to published reporting.
• Provide commodity-level coverage for one or more trading desks, delivering clear risk assessments including key portfolio activity, risk drivers, and market developments.
• Collaborate closely with Product Control and other support functions to support holistic risk reporting.
• Support scenario analysis and modeling, maintain internal controls, and provide recommendations to management to ensure activities align with risk policies and regulatory requirements.
• Develop your own technical capabilities and business acumen through intentional professional development and continuous learning.

Skills

Python

SQL

Quantitative analysis

Education

STEM/quantitative degree

Tools

RightAngle

Allegro

Job description

Phillips 66 is seeking a Sr Market Risk & Quantitative Analyst to join a team supporting commodity trading by identifying, measuring, and reporting market risks. You will help build risk systems and perform analytics to monitor exposures and ensure adherence to risk appetite.

The role requires a strong quantitative background, expert Python, and SQL skills, plus experience in on-trading floor environments. Eligible for a comprehensive rewards package and salary range.