Total Number of Openings
1
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 of Credit 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 in Brady 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
Hybrid work model - work remotely from home several days a week
Connect with us
Chevron participates in E-Verify in certain locations as required by law.
