Advisor, Third Party Risk

About the role

At Phillips 66, you will play a critical role in translating regulatory requirements into practical, business-aligned policies and processes while helping manage third-party risk across global operations.

Responsibilities

• Serve as a strategic advisor to business stakeholders by interpreting laws and regulations and translating them into actionable compliance policies, procedures, and controls.
• Design, implement, and continuously improve compliance programs, including anti-corruption and third-party risk frameworks across global operations.
• Manage third-party due diligence processes, including risk assessments, screening, escalation, documentation, and ongoing monitoring.
• Plan and execute compliance audits, including third-party audits and transactional testing, to evaluate adherence to regulatory requirements and internal controls.
• Identify, assess, and escalate regulatory, financial, and commercial risks while recommending practical solutions to strengthen controls and governance.
• Develop and deliver targeted training programs to enhance awareness of compliance requirements, including anti-corruption policies and third-party risk management.
• Collaborate cross-functionally with internal teams and external partners to ensure effective implementation of compliance programs and processes.
• Analyze trends and data to identify emerging risks and opportunities for continuous improvement in compliance program effectiveness.

Requirements

• Legally authorized to work in the job posting country
• Bachelor’s degree in a relevant discipline
• 5 or more years of experience in ethics, compliance, regulatory, or related roles
• Intermediate proficiency with Microsoft Office applications (Excel, Word, SharePoint)

Preferred

• Experience conducting anti-bribery and third-party due diligence or audits
• 7 or more years of experience in ethics, compliance, regulatory, or related roles
• Knowledge of sanctions regulations, supply chain compliance, and human rights requirements
• Experience working with SAP or compliance management systems
• Relevant professional certifications such as CCEP or CFE
• Experience working in global organizations with cross-functional collaboration
• Strong data analysis and reporting capabilities to support compliance decision-making
• Demonstrated expertise in anti-corruption laws and regulations (e.g., FCPA, UK Bribery Act) and compliance program implementation
• Strong analytical and problem-solving skills with the ability to assess risk, identify trends, and make data-driven decisions
• Experience designing and executing compliance processes, audits, and controls within complex organizations
• Excellent communication and stakeholder management skills, with the ability to influence across all levels of the organization
• Ability to work independently, manage competing priorities, and operate effectively in a fast-paced environment

Pay

This position has a base salary range of $125,100- $152,900.

Schedule

N/A

Benefits

• 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