Job Description

Phillips 66 & YOU - Together we can fuel the future

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. 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. Phillips 66 was recognized by Forbes as one of Americas Best Employers in 2019.

Description

The Director, Compliance Advisory is accountable for managing the Compliance function on the trade floor, including managing Compliance staff. The primary goals of this function are to provide senior management with assurance that the Commercial business units are following all internal policies and external regulatory requirements. This position requires extensive dialogue with Front-Office Traders, their Business Support Teams, Legal, Regulatory Agencies, and Industry Trade Groups.

Responsibilities May Include

* Responsible for the US and Canada Commercial compliance activities.

* Responsible for interactive communication between the front, mid and back office trading activities and compliance oversight.

* Staying abreast of industry developments, whether regulatory in nature or emerging technologies.

* Assisting in the development of processes and procedures related to regulatory requirements. Coordinate as necessary with Government Affairs, Legal, and other internal groups to address and/or influence ultimate requirements.

* Assisting in the interpretation and communication of pending and promulgated regulations effecting all aspects of our Commercial trading operations.

* Partnering with Legal to coordinate any agency mandated compliance requirements as well as the development of policy and implementation of processes effecting same.

* Continually benchmarking and assessing our commercial regulatory practices against industry and peer group counterparts and provide recommendations for improvement to the department Manager accordingly.

* Periodically reporting to management on the state of the industries P66 operates in and provide updates on pertinent dockets and rulemakings. Assessing impacts on P66.

* Participating in the preparation of training for trading personnel and support groups on relevant regulatory and compliance requirements.

* Ensuring an effective and appropriate compliance program is in place for FERC regulatory requirements supporting the Midstream business activities and pipelines.

Position Requirements

Basic/Required:

* Legally authorized to work in the job posting country

* Bachelors degree

* 5 or more years of direct Commercial involvement that includes exposure to front and mid- office trading activities

* Working knowledge of one or all the following commodities/markets: Crude Oil and Products, NGLs, Renewables, and financial derivatives

* Experience influencing, developing and implementing new business processes

Preferred:

* Excellent interpersonal and team skills

* Effective and well-developed written and oral communication skills are vital to this position.

* Ability to manage multiple/conflicting priorities

* Constantly looks for business process improvement opportunities

* Experience with regulations issued by the Commodity Futures Trading Commission (CFTC) and Federal Energy Regulatory Commission (FERC), and Exchanges

To be considered

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of February 17, 2021 .

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 8 U.S.C. 1160(a) or 1255(a)(1). 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 EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities

Requisition ID: 53681

Location: Texas - Houston

Job Field: Legal

Division : Legal & General Counsel

Technical Req : No

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