Credit Analyst

Chevron is accepting online applications for the position Credit Analyst through October 15, 2025 at 11:59 p.m. (CDT).  

The Credit Analyst is part of Corporate Treasury – Credit & Risk Control division. Our mission is to provide strategic and effective credit risk management, commodity-based risk controls, trading exposure and mitigations as well as compliance with commodity market regulatory requirements to protect the financial integrity and reputation of Chevron. The Credit division’s primary responsibility is to manage credit risk associated with commodity trading while serving an advisory role for our Supply & Trading (S&T) business worldwide. S&T buys, sells and supplies crude oil, refined products, LNG, natural gas and gas liquids to support Chevron’s crude and gas production operations and its refining and marketing network worldwide through three major trading hubs located in Houston, Singapore and London.

Co-located with the Supply & Trading (S&T) business in Houston, Texas, the Credit Analyst is a key member in our Global S&T Credit team and a key business partner with S&T who plays an integral role in providing effective credit risk management, directly managing and/or maintaining the relationship with banks, credit risk insurers/brokers and working closely with cross-functional teams across the organization. This role is an exciting opportunity to join a collaborative, dynamic team that provides stewardship and advice to the S&T organization with a global reach and high visibility to senior management on credit risk assessments, appetite, utilization and mitigation actions and solutions with high visibility to senior management.

Key Considerations:

• Position is located in Houston, Texas.
• Work schedule: full-time with alternative work schedules (e.g. 9/80 compressed workweek with alternate Mondays or Fridays off). Hybrid work schedule is available with 4 days in office (Mo-Th), 1 day remote (Fr).
• Chevron seeks career-minded individuals with technical and leadership potential. The company is committed to continuous learning, development and career growth, rewarding strong performance with competitive pay and benefits as well as advancement opportunities.
   

Responsibilities for this position include but are not limited to:

• Manage and monitor credit risk for counterparties including the following:
  • Evaluate counterparties to determine creditworthiness and risk profile.
  • Maintain robust monitoring and control daily credit exposure, including credit hold/release activity, notification and escalation to management of any material risks or significant events.
  • Negotiate, obtain and manage collateral as required including coordinate collateral for global accounts as required.
  • Source and/or structure credit solutions that mitigate risks and potential losses, applying credit solutions using a combination of PCGs, cash collateral, security, and other credit mitigating solutions.
  • Liaise, co-ordinate with Global Business Solutions center on letter of credit (LC) and collateral-related matters as needed.
  • Draft, develop and negotiate credit provisions for agreements with counterparties and work closely with traders, other internal departments commercial/operations staff, contract, finance, legal and external parties.
  • Ensure all contracts comply with the S&T Credit Policy and have the appropriate credit risk mitigations to protect the business adverse risk events.
• Recommend credit line approvals including analysis, trends, and business rationale and liaise with Global Business Solutions center as needed.
• Advise Traders and Originators on credit risk appetite for counterparties, including real-time support on the identification and assessment of credit risks in new business proposals, spot and term deals.
• Partner with Origination teams in the design, evaluation and monitoring of complex commercial deal structures to highlight and mitigate credit risks where applicable.
• Track and stay abreast of market changes related to counterparty, industry and/or country developments that may impact counterparty’s creditworthiness.
• Monitor credit exposure through various systems and ensure all systems are synchronized for credit limits and exposures are properly reported.
• Maintain effective working relationships with S&T, business partners, banks, insurers and counterparties and work closely to obtain information required for credit analysis and structure credit solutions.
• Coordinate with business and finance teams to follow up with counterparties on collection issues.
• Provide back-up support for other credit analysts as required. Collaborate with other regional credit analysts to achieve team, group and company objectives. 
• Support/lead design and development of credit risk tools/capabilities and system requirements for S&T’s global credit organization.
• Drive business and process efficiencies through new ways of working, process improvements and contribute to systems enhancements and projects.
• Engage in special projects as requested.

Required Skills and Qualifications:

• Bachelor’s degree in Finance, Economics or Business with 3+ years’ relevant credit experience gained in energy trading or global banks covering complex commodities/ natural resources businesses.
• Strong understanding of accounting principles to conduct in-depth financial statement analysis.
• Proficient in the concept of credit scoring models (e.g. Moody’s KMV EDF) and S&P and Moody’s rating rationale.
• In-depth commodity trading knowledge and have detailed knowledge of oil and gas markets especially LNG.
• In-depth knowledge of credit concepts, credit management and mitigations tools e.g. LCs, PCGs, BGs, margining, trade credit insurance, factoring, netting, ISDA negotiation, margining desk and other financial/banking products/tools.
• Proficient in drafting, developing credit language and negotiating contract credit provisions for master agreements.
• Ability to work proficiently in a fast-paced, open-concept trade floor environment.
• Strong team player with excellent communication, presentation and influencing skills.
• Demonstrated ability to consider impact of decisions on other aspects of the business.
• Strong business partnering, problem solving, analytical and change management experience.
• Demonstrated initiatives to continuously seek enhancements in work processes and engagements.

Preferred Qualifications:

• Advanced degree is a plus.
• Proven track record in supporting the natural gas and/or LNG trading business.
• Proficiency/prior experience with trading system (Endur, RightAngle) and credit system (e.g. Endur, Brady, CubeLogic).
• Prior experience developing credit pricing methodologies/practices and credit risk modeling with credit exposure metrics (e.g. PFE, CVaR).
• Experience supporting energy-related origination and structured finance transactions.
• Demonstrated experience with accounting software (SAP) and Microsoft Office 365, including intermediate and advanced Excel, PowerApps and Power BI
• Ability to design and manage data visualization tools (e.g. Power BI, Tableau).

Relocation Options:

• Relocation may be considered within Chevron parameters.

International Considerations:

• Expatriate assignments will not be considered.
• Chevron regrets that it is unable to sponsor employment visas or consider individuals on time-limited visa status for this position.

U.S. Regulatory notice:

Chevron is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex (including pregnancy), sexual orientation, gender identity, gender expression, national origin or ancestry, age, mental or physical disability, medical condition, reproductive health decision-making, military or veteran status, political preference, marital status, citizenship, genetic information or other characteristics protected by applicable law.

We are committed to providing reasonable accommodations for qualified individuals with disabilities. If you need assistance or an accommodation, please email us at [email protected].

Chevron participates in E-Verify in certain locations as required by law.