Third Party Risk Analyst- Houston, TX

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 “America’s Best Employers” in 2021.

Learn more about Phillips 66 and watch our video "Trying New Things" by visiting phillips66.com/about.

Description

The Third-Party Risk Analyst will conduct third-party due diligence and monitoring activities on behalf of Phillip’s 66 operations in the US and provide assurance to management that business is conducted in accordance with the requirements of external regulators and internal corporate policies. This position requires extensive dialogue with traders, business representatives, business support teams, and external third parties. The ideal candidate is a self-starter, analytical, detail oriented, great communicator, and enjoys collaborating in a dynamic, fast-paced environment with a globally distributed team. This is an individual contributor role.

Responsibilities May Include

Initiate and facilitate Anti-Corruption due diligence and sanctions reviews for third party relationships to ensure any relevant risks to Phillips 66 are identified and mitigated.

Review and interpret third party documentation to determine nature of business and ownership structure.

Work with external third parties and internal business representatives as necessary to obtain due diligence documentation.

Assist with on-going monitoring duties, including analyzing and investigating potential sanctions screening matches and clearing alerts from screening tools.

Articulate due diligence requirements and the onboarding process to stakeholders at all levels of the organization and escalate red flags that require further investigation in a timely manner.

Provide ad hoc advice and guidance to other business areas i.e., Commercial, Marine, Lubricants and Specialties.

Coordinate with internal partners such as Contract Management, Credit and Master Data Group to ensure proper documentation and approvals are in accordance with internal controls and performed in SAP.

Ensure consistency with Company compliance policies, procedures, and standards.

Complete periodic reviews of existing third parties as necessary.

Assist with special projects including but not limited to risk assessments, investigations, and presentations.

Required Qualifications

Legally authorized to work in the job posting country

Bachelor’s degree; Accounting, Finance, Business, or related discipline

2 – 5 years of experience conducting anti-bribery due diligence and/or compliance/accounting/auditing experience

Experience with SAP

Proficient with MS Office tools: Excel, Word, and SharePoint

Ability to collaborate and manage relationships across different businesses and functions

Preferred Qualifications

Certified Fraud Examiner or Society of Corporate Compliance and Ethics member

Ability to multitask, manage multiple priorities and meet deadlines, often under pressure

Knowledge of relevant laws and regulations including the FCPA, UKBA and OFAC

Experience synthesizing and analyzing large data sets using Excel, Power BI

Understanding of complex corporate structures including identification of ownership

Understanding of the risks of operating in high-risk jurisdiction with Politically Exposed Persons

Exceptional analytical skills, with high attention to detail

Excellent oral and written communication skills

Self-starter who can work independently demonstrating personal drive and taking own initiative, yet can collaborate and work effectively in a team

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, with an additional 0-4% Company 401k contribution based on the Company’s financial performance

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 at hr.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 June 16, 2023 .

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: 57451

Location: Texas - Houston

Job Field: Legal

Division : Legal & General Counsel

Technical Req : No