Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We Are
We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
Fostering an Inclusive Work Environment
To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.
Job Summary
The Power Cash / Term Trader plays a critical role in optimizing the value of the power portfolio through disciplined execution across cash and term markets while managing market, operational, and regulatory risk. The role supports commercial objectives by translating market signals, asset positions, and portfolio strategies into effective trading outcomes that enhance profitability and reliability.
This position works in close partnership with scheduling, market analytics, risk management, origination, and operations to ensure coordinated execution, accurate positioning, and adherence to internal controls and external market requirements. The role requires timely decision‑making, strong market awareness, and effective communication across multiple functions.
Position Overview
Your responsibilities may include:
- Execute real‑time and day‑ahead power transactions across applicable ISO/RTO markets to optimize physical and financial positions in alignment with portfolio objectives.
- Manage term power positions, including monthly, quarterly, and annual products, to support asset strategies, hedging programs, and longer‑term commercial goals.
- Analyze market fundamentals such as load, generation, outages, congestion, weather, and transmission constraints to inform trading decisions and position management.
- Adjust trading strategies in response to evolving market conditions, portfolio exposures, and risk parameters to protect value and enhance performance.
- Coordinate with power schedulers to ensure timely, accurate submission of bids, offers, and schedules that reflect executed trades and asset positions.
- Partner with market analytics and risk teams to evaluate pricing, volatility, scenario outcomes, and portfolio sensitivities.
- Execute transactions within established risk limits, credit thresholds, and regulatory requirements, escalating issues as appropriate.
- Maintain accurate trade capture, documentation, and confirmations within approved trading and risk management systems.
- Contribute to portfolio P&L through disciplined execution, continuous strategy refinement, and post‑trade performance review.
- Share market insights, drivers of performance, and emerging risks with internal stakeholders to support informed decision‑making.
Basic requirements:
- Legally authorized to work in the United States.
- Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or a related field.
- 7 or more years of experience trading or supporting power markets, including cash and/or term products.
- Knowledge of ISO/RTO market structures, pricing mechanisms, and settlement processes.
- Experience using trading, scheduling, or risk management systems within power markets.
- Demonstrated ability to operate within defined risk limits and control frameworks.
Preferred requirements:
- Ability to communicate effectively with trading, scheduling, analytics, and risk teams.
- Experience trading power in PJM and/or other North American ISO/RTO markets.
- Exposure to congestion management, nodal pricing, and transmission constraints.
- Experience supporting or managing asset‑backed power portfolios or structured power products.
- Advanced proficiency with Excel and exposure to market analytics or visualization tools.
- Prior demonstrated contribution to P&L in a power trading or commercial support role.
- Invites dialogue to gain a shared understanding and influences with confidence to drive performance and achieve business results.
- Analyzes stakeholder needs, global, political, and market trends to understand how they shape the future and impact our business results.
- Builds strong relationships based on trust and seeks opportunities to collaborate across the matrix/organizational boundaries to achieve business goals.
Physical Demands & Work Environment:
- Work is primarily performed in an office or trading floor environment.
- Role may require prolonged periods of sitting, screen use, and focused concentration.
- Work schedule may align with market hours and require responsiveness to time‑sensitive market events.
- Periodic interaction with multiple internal teams in a fast‑paced, dynamic setting.
Apply By:
Mar 30, 2026
Sponsorship:
ConocoPhillips’ sponsorship for employment authorization in the U.S. is NOT available for this position.
Benefits Overview
ConocoPhillips offers a competitive and comprehensive benefits package designed to support your well-being and career growth:
Taking Care of Your Health & Wellness: Medical, dental, vision, mental health support, and wellness programs.
Supporting and Building Financial Security: Competitive base pay, annual performance bonuses, and retirement savings plans.
Promoting Work-Life Balance: Paid time off, paid parental leave, and family support resources.
Offering Career Development: Access to training, mentoring, and internal career mobility tools.
Guiding Recognition & Inclusion: Peer-nominated awards, inclusive culture, and employee resource groups.
Why ConocoPhillips
At ConocoPhillips, we believe our people power the future of energy. We’re committed to creating a workplace where employees feel valued, supported, and inspired to grow—professionally and personally.
We don’t just offer jobs—we offer meaningful careers in a company that values how we work as much as what we achieve.
EEO:
In the US, ConocoPhillips is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information, or any other legally protected status.