• Job Description

  Req#: 59173

  . Phillips 66 & YOU - Together we can fuel the future

  Job Description

  At Phillips 66, we are committed to maintaining the highest standards of integrity and compliance. As a global leader, we recognize the critical importance of managing risk associated with our third-party relationships. We are seeking a talented and motivated Third-Party Risk Analyst to join our dynamic team. The Third-Party Risk Analyst will play a critical role in identifying and mitigating risk related to our engagement with third parties, including risks related to corruption, sanctions, supply chain integrity, and modern slavery on behalf of Phillip’s 66 operations. As a member of the Global Ethics and Compliance team, the Third-Party Risk Analyst will 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 internal stakeholders, business representatives, business support teams, and external third parties to ensure ethical practices and compliance. The role involves analyzing data, conducting risk assessments and effective screening processes. The role also involves helping Phillips 66 appropriately calibrate risk associated with its third parties, effectively communicating risk findings to the business and escalating risks to leadership as appropriate. 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.
  
  

  Primary Functions/Responsibilities:

  • Initiate and facilitate due diligence and sanctions reviews for third party relationships to ensure any relevant risks to Phillips 66 are identified and mitigated, including Anti-Corruption/Anti-Money Laundering, Supply Chain, and Modern Slavery.
  • Work as a part of an international team to ensure consistent execution of a Global Compliance plan, which considers regional differences where appropriate.
  • 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.
  • Scrutinize supply chain partners to ensure compliance with labor laws, environmental regulations, and ethical standards.
  • 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, Specialties, Marketing, and Procurement.
  • Ensure consistency with Company compliance policies, procedures, and standards.
  • Review and revise existing Compliance policies and procedures to ensure that they meet both external regulatory requirements and internal corporate standards.
  • Assist with special projects including but not limited to risk assessments, investigations, and presentations.
  

  Required Qualifications:

  • Bachelor’s degree
  • Hold the legal right to live and work in the UK on a permanent basis without restrictions, or meet the relevant criteria for employer sponsorship.
  • Relevant experience working in and ethics and compliance role
  • Exceptional analytical skills, with high attention to detail and ability to analyze complex data and identify patterns.
  • Understanding of anti-corruption laws, supply chain regulations, and modern slavery legislation.
  • Engaged self-starter who can work independently demonstrating personal drive and taking own initiative yet can collaborate and work effectively in a global team.
  • A learning orientation and an ability to face new challenges, seek solutions and ask the right questions.
  • Ability to effectively prioritize and meet deadlines, often under pressure.
  • Proficient with MS Office tools: Excel, Word, and SharePoint
  • Open to different points of view; seeks to understand others; seeks out and encourages multiple perspectives.
  • Excellent oral and written communication skills
  

  Preferred Qualifications

  • Experience conducting anti-bribery due diligence and/or compliance/accounting/auditing background.
  • Knowledge of relevant laws and regulations including the FCPA, UKBA and OFAC, supply chain regulations, and modern slavery legislation.
  • Knowledge of the UK requirements for Anti-Money Laundering and Financial Crime Prevention, including POCA, JMLSG guidelines and Money Laundering Regulations and FCA Handbook
  • Knowledge of multiple legal entity structure types and associated documentary requirements.
  • Experience synthesizing and analyzing large data sets and/or experience with Power BI
  • Understanding of corporate structures and complex entity structures including identification of ownership
  • Society of Corporate Compliance and Ethics member or Certified Fraud Examiner
  • Understanding of the risks of operating in high-risk jurisdiction and with Politically Exposed Persons
  • Experience with SAP
  

  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 23rd June 2024.

  Phillips 66 is an Equal Opportunity Employer

• About the company

  The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas.

Notice