Credit Analyst

Chevron

Philippines

On-site

PHP 600,000 - 900,000

Full time

14 days+

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Benefits offered by this job

Hybrid work model

Competitive salary

Health care coverage

Annual corporate incentive bonus

Career development opportunities

Long-term savings plan

Life insurance

Job summary

Chevron Philippines Incorporated in Makati City, Philippines, is looking for a Credit Analyst to manage credit risk for a portfolio of customer accounts. You will monitor credit limits, review counterparty financials, and prepare assessments for approval.

You will advise on documentary credits, bank guarantees, and LC terms, and work with banks and internal teams to ensure compliant credit practices. This role offers competitive compensation and hybrid options.

Qualifications

Bachelor's degree in Accounting or related fields.
Proficient in MS Office and SAP.
Fluent in English (written and spoken).
Strong analytical skills and accounting background.
Ability to prioritize tasks and meet deadlines.
Ability to balance risks with business needs.

Responsibilities

Analyze counterparty financials to assess credit risk and determine credit limits.
Prepare credit assessments and manage approval processes.
Advise on documentary credits, bank guarantees, and letters of credit.
Monitor KPIs like DSO, CEI, and payment performance.
Collaborate with banks and internal teams to issue LC formats.

Skills

Fluency in English

Analytical skills

Prioritization

Communication with management

Systematic thinking

Initiative

Risk assessment

Data reporting / BI experience

Education

Accounting degree

Tools

MS Office

SAP

Job description

About Us

Chevron is a leading multinational energy company with operations in over 180 countries. Founded in 1879, Chevron has a rich history of innovation and growth, making significant contributions to the global energy landscape.

Chevron markets Caltex® fuels, lubricants and other petroleum products in the Philippines. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines.

Chevron supports its operations in the Philippines and worldwide through two subsidiaries: Chevron Philippines Incorporated (CPI), which manages downstream operations and markets Caltex brand fuels, lubricants and petroleum products, and Chevron Holdings Incorporated (CHI), a global business services organization. Established in 1998, CHI provides business support services in finance and accounting, information technology, supply chain management, human resources, customer service and marketing. It serves Chevron affiliates around the world and has grown to be one of the leading global business services organizations in the Philippines. The company has received various recognition as one of the country’s top employers and as a champion of diversity and inclusion in the workplace.

At Chevron, we believe humanity can solve any challenge – including meeting the world’s energy needs of today, while advancing a cleaner energy tomorrow.

About the Role

We have an exciting opportunity for a Credit Analyst. This role will be based in 6750 Building, Makati City, Philippines.

Responsibilities include, but are not limited to, the following

Handles a portfolio of customer accounts with key activities as follows:

Monitors and reviews credit limits of new and existing counterparties; involving in-depth analysis of counterparty’s financial standing, industry review, business outlook, risks and opportunities;

Prepares credit assessment and administer the approval process for credit limits and terms;

Applies credit risk mitigation strategy including obtaining acceptable forms of securities from counterparty;

Updates and maintain the credit limits and data in system;

Provides advisory function on documentary credit, bank guarantees and standby letter of credit;

Provides advisory function on credit issues in the contract and credit structures such as collateral and mitigation strategy and trade finance tools;

Monitors credit key performance indicators (KPIs) such as Payment Performance; Collection Efficiency Index (CEI); Days Sales Outstanding (DSO), etc;

Reviews, assesses and administers approval process for orders blocked due to credit violations;

Contributes towards developing and implementing credit risk management processes;

Active participation on improving credit risk management policies to meet industry best practices;

Actively implement & comply with the Credit Policy; Ensure the trading and marketing business activities of S&T and Downstream business is conducted according to the Credit Policy

Identifies, measures and control credit risk mitigation activities in S&T and Downstream business;

Active participation in the development of information systems to accurately capture credit exposures;

Prepares credit management reports; and

Maintains and develops relationships with relevant stakeholders

Collateral Management:

Knowledge and appreciation of ICC UCP600 & ICC ISP98

Handles Letter of Credits i.e. Documentary Letter of Credit (DLC) & Stand by Letter of Credit (SBLC) review & negotiation with S&T counterparties

Coordinates with Banks, S&T Operations, Traders and Legal team for issuance of acceptable LC formats from Chevron bank list

Provides timely clearance and issuance ofCredit Security Notification (CSN) for trading deals fully secured by LCs

Identified as Letters of Credit (LC) – SME, and provides support and guidance as necessary, on review of DLC & SBLC terms & conditions

Provides support in management of fully secured deals inBrady Credit Risk (BCR)

Reviews and processes all LC related bank charges and confirmation fees

Collateral Drawings:

Closely monitor due dates of all active trading deals fully secured by acceptable LCs.

Prepares all necessary documents to facilitate timely & full collection of all deals covered by letter of credit

About You

We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated and talented individuals with a keen interest in the energy industry are encouraged.

Knowledge, Skills, and Experience:

Bachelor's Degree major in Accountancy, Management Accounting, Accounting Technology and related courses.

Proficient in MS Office and SAP system

Fluency in English

Good analytical skills (quantitative and qualitative analysis) and strong accounting background highly preferred

Ability to work systematically, prioritize tasks and adhere to deadlines

Ability to balance risks and business requirements

Ability to adapt to varying work situations and is flexible in the approach to resolving challenges

Works with minimal supervision and shows Initiative

Ability to communicate at all levels of management

Experience in data reporting, business intelligence, or corporate data analysis.

Everything we do at Chevron is guided by our values and our commitment to The Chevron Way (https://www.chevron.com/about/the-chevron-way). At the heart of The Chevron Way is our vision to be the global energy company most admired for its people, partnership, and performance.

Participate in world-leading energy projects, advance your professional development and expand your career within an inclusive, collaborative and high-performing workplace.

Benefits

At Chevron, we are committed to fostering diversity and inclusion at all levels of our company and at all stages of the employee experience. We constantly strive to attract, develop and retain diverse Filipino talent. Globally, Chevron Corporation has achieved a rating of 100 percent in the Human Rights Campaign Equality Index for the past 17 years. The Index ranks American companies based on their commitment to equality in the workplace.

Competitive salary

Allowances, medical and optical reimbursements

Health care coverage for you and your eligible dependents

Robust employee centered programs for health and wellness

Time-off to promote healthy work-life balance or to care for your family

Annual corporate incentive bonus when the company meets established goals

Recognition & awards program

Long-term savings plan

Life insurance

Career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups