Associate, Reservoir Engineer - Global Investment Banking / Energy
Scotiabank · Houston, TX · 1 mo ago
EngineeringFull-time
Join a purpose‑driven, winning team committed to results in an inclusive and high‑performing culture.
Purpose
Contributes to the overall success of the Domestic and International A&D Technical team within the Global Investment Banking – Energy Division located in Houston, TX, USA. Ensures individual goals, plans, and initiatives are executed in support of the team’s business strategies and objectives while complying with governing regulations, internal policies, and procedures.
Responsibilities
- Provide engineering support for the Houston Domestic and International A&D team, focusing on upstream and midstream oil and gas pitches, live mandates, and ad‑hoc technical requests.
- Develop and integrate technical inputs into valuation and economic models to support investment decisions across North American and International basins.
- Analyze key engineering and geological drivers, including PDP forecasting, type‑curve development, and inventory delineation (base vs. upside).
- Build, run, and sensitize technical inputs that feed economic models; manage and maintain technical and economic databases (e.g., ARIES, PHDWin, ComboCurve) and deliver timely, accurate outputs to senior Technical and Corporate Finance colleagues.
- Support ad‑hoc analysis by pulling third‑party data (Enverus, Wood Mackenzie, Welligence) using Spotfire or other proprietary tools for evaluations and related client or senior banker requests.
- Continuously develop new tools that enhance database‑related efficiency and accuracy.
- Provide troubleshooting and close knowledge gaps for colleagues/customers using engineering database management software.
- Contribute engineering content to Management Presentations and pitch materials, assisting with slide preparation and analysis under senior engineering oversight.
- Maintain working knowledge of oil and gas industry technical trends (e.g., completion strategies, performance trends), commodity prices, and technology developments using public and proprietary data.
- Consider the Bank’s risk appetite and risk culture in day‑to‑day activities and decisions.
- Actively pursue effective and efficient operations in line with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, ensuring robust business controls (operational, compliance, AML/ATF/sanctions, conduct risk).
- Champion a high‑performance, inclusive work environment.
- Champion a customer‑focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Requirements
- University/College degree in Petroleum Engineering.
- 2‑5 years of experience in oil and gas engineering‑related roles.
- Expert knowledge of ARIES and/or PHDWin (required).
- Strong knowledge of third‑party support products (e.g., Enverus Prism, Wood Mackenzie Welligence).
- Beneficial: exposure to oil and gas acquisitions and divestiture activity in a prior role.
- Exposure to economic evaluation (net present value), fiscal regimes, and SEC Reserves.
- Proven ability to work concurrently across multiple tasks/activities related to oil and gas asset or corporate evaluations.
- Strong computer skills, including Microsoft Office products and technical oil and gas software.
Benefits
- Flexible benefit programs supporting family, financial, physical, mental, and social health.
- Holistic well‑being focus.
- Inclusive and accessible work environment.
- Opportunities to grow and diversify talent within a performance‑oriented culture.
Pay
Salary range: $190,000 – $230,000 (guideline only; actual salary may vary based on knowledge, skills, and experience).
Schedule
5‑day in‑office presence required with domestic travel comprising less than 10 % of time.
Location
United States – Texas – Houston.