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 Structurer plays a critical role in unlocking long‑term value from ConocoPhillips’ growing U.S. power portfolio. This position sits at the intersection of origination, trading, analytics, risk, and operations, translating commercial opportunities into well‑designed, executable, and risk‑aligned power transactions.Working within a lean, highly integrated commercial power team, the Power Structurer supports the development and execution of structured power deals across competitive U.S. markets. The role is purpose‑built to strengthen structuring, pricing, and risk assessment capabilities as portfolio complexity and origination activity continue to scale.
This is not a back‑office modeling role. It is a front‑line commercial position offering meaningful exposure to real assets, real load, regulatory constraints, and live deal execution—within a collaborative, disciplined environment that prioritizes sustainable value creation.
Position Overview
Your responsibilities may include:
Supporting the design, structuring, and pricing of complex physical and financial power transactions, including power purchase and offtake agreements, tolling and heat‑rate‑based structures, load‑following and full‑requirements contracts, and virtual power purchase agreements (VPPAs).
Translating commercial objectives into executable deal structures that align with portfolio strategy, operational constraints, and defined risk appetite.
Contributing to the valuation of structured power transactions using fundamental and dispatch‑based models, scenario analysis, and sensitivity testing.
Evaluating key risk drivers such as commodity price exposure, basis risk, shape risk, volumetric variability, and operational optionality.
Incorporating market inputs including load profiles, renewable generation output, fuel curves, volatility, and weather assumptions into deal analysis.
Partnering with Power Originators during early‑stage opportunity development to assess structural feasibility and pricing.
Supporting Traders by ensuring structured transactions integrate effectively into portfolio positions and hedging frameworks.
Collaborating with Operations and Scheduling teams to confirm transactions are executable within Independent System Operator (ISO) and Regional Transmission Organization (RTO) requirements.
Developing and maintaining internal pricing tools, analytical models, and datasets using Python, Excel, VBA, or similar tools.
Monitoring power market fundamentals such as supply and demand dynamics, transmission constraints, renewable penetration, and regulatory developments.
Providing analytical insight that supports both transaction execution and broader portfolio optimization.
Participating in end‑to‑end deal execution, including term sheet review, risk approvals, and post‑trade monitoring.
Coordinating with Risk Management and Legal teams to ensure compliance, documentation accuracy, and governance standards are met.
Clearly communicating deal economics, assumptions, and risk exposure to support internal review and approval processes.
Basic requirements:
Bachelor’s degree or higher in Finance, Economics, Mathematics, Engineering, Physics, or a related quantitative field, or foreign equivalent.
3 or more years of relevant experience in power structuring, trading analysis, origination support, quantitative analytics, or energy risk management.
Knowledge of North American power markets and market fundamentals.
Strong quantitative, analytical, and problem‑solving skills.
Ability to communicate complex analysis clearly to both technical and non‑technical stakeholders.
Preferred requirements:
Advanced degree or progress toward professional certifications such as Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM).
Experience across competitive U.S. power markets such as the Electric Reliability Council of Texas (ERCOT), PJM Interconnection (PJM), California Independent System Operator (CAISO), or Midcontinent Independent System Operator (MISO).
Programming experience in Python, R, C++, or similar analytical languages.
Familiarity with structured power products, forward curves, volatility, and market risk drivers.
A collaborative mindset and comfort working in tightly integrated commercial teams.
The ability to connect quantitative analysis with commercial decision‑making.
Discipline and attention to detail while operating in time‑sensitive environments.
A long‑term perspective focused on building durable capability rather than short‑term transaction volume.
Takes ownership of actions and follows through on commitments by holding others accountable and standing up for what's right.
Listens actively and invites dialogue for exchanged views, then influences and acts to drive performance and achieve results.
Builds strong relationships based on trust and seeks collaboration across organizational boundaries to achieve goals.
Apply By:
Mar 30, 2026Sponsorship:
ConocoPhillips’ sponsorship for employment authorization in the U.S. is available for this position.Benefits Overview
ConocoPhillips offers a competitive and comprehensive benefits package designed to support your well-being and career growth:
Health & Wellness: Medical, dental, vision, mental health support, and wellness programs.
Financial Security: Competitive base pay, annual performance bonuses, and retirement savings plans.
Work-Life Balance: Paid time off, paid parental leave, and family support resources.
Career Development: Access to training, mentoring, and internal career mobility tools.
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.Top Skills
What We Do
We are a global oil and gas company tasked with an important job—to safely find and deliver energy for the world. We’re experts in what we do—from the well site to the office. Across our operations and activities in 15 countries, we never forget our responsibility to be a great neighbor, and a great place to work. Guided by our SPIRIT Values—Safety, People, Integrity, Responsibility, Innovation and Teamwork—we deliver strong performance, keeping our promises to our stakeholders, communities and each other. We solve problems and develop new approaches together, as a team of people—not job titles.
