Phillips 66 & YOU - Together we can fuel the future
The Economic/LP Modeler purpose of the position is to determine crude values and recommend slate decisions for the Commercial Crude Supply and Trading organization with optimizing refinery crude mix and maximizing full value chain earnings for the region. The refinery LP model will be the primary tool to provide crude values that will be used in the crude purchasing decisions for the Lake Charles, Sweeny and Bayway refineries. The position will evaluate the economics of crudes for the refineries including relative crude values (RCVs) and breakeven values (BEVs). The LP Modeler will perform ad hoc studies to support company initiatives. The LP modeler will be accountable for making sure the LP model is aligned with each refineries’ current model, and reflects the current operational constraints that are established by each refinery. The LP modeler will be accountable for key two-way communication: (1) providing technical knowledge of refinery economic drivers, constraints and operations to the Commercial organization and (2) providing market knowledge to the refineries relevant to crude selection and optimization. The role will also help to drive company business transformation initiatives through special teams and projects.
Responsibilities May Include:
Developing and publishing the monthly RCV Report for Lake Charles, Sweeny and Bayway, consistent with the refining business guideline. Performing ad hoc crude evaluations for the Crude Supply Director, Crude Trader, others. Performing LP analyses of new crude opportunities. Evaluating regional opportunities to optimize cargos between Sweeny and Lake Charles. Evaluating opportunities to swap or re-optimize purchased cargos as market conditions allow. Developing and maintaining a strong working relationship with both the Lake Charles and Sweeny Planning and Economics teams, Trading, and central refining resources. Developing and maintaining a strong working relationship with the Commercial Crude organization, applicable Traders, and Regional Optimization Manager (ROM). Providing regional competitor market intelligence to the Commercial Trading organization. This may include using additional tools HCOMETS and PRISM.
Required Qualifications:
Legally authorized to work in the job posting country Bachelor's Degree in Engineering Direct refining experience in the fields of refinery economics, operations, process engineering or fuels blending/scheduling Direct experience working with LP modeling Experience with AspenTech PIMS Program Strong understanding of downstream value chain business drivers Excellent computer skills and proficiency with Word, Excel, PowerPoint, PIMS Strong analytical/data management skills Must be able to quickly develop and maintain internal and external respect and trust Periodic travel is required to visit regional sites
Preferred Qualifications:
The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.
Total Rewards
At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:
Annual Variable Cash Incentive Program (VCIP) bonus 8% 401k 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
Learn more about Phillips 66 Total Rewards.
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. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. 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.
Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.
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 01/31/2025.
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