Risk Management-Petroleum Engineer- Vice President
JPMorganChase · Houston, TX · 3 wk ago
On-siteEngineeringFull-time
Job Responsibilities
- Perform independent, comprehensive oil and gas reserve and economic evaluations for prospective and existing customer loan requests and borrowing base reviews
- Collaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships focused on reserves evaluation as collateral
- Document evaluation results in memorandums that summarize recommended loan value, estimated economics, key assumptions, downside risks, and asset quality
- Apply established policies, practices, and procedures in reserves evaluation, seeking guidance from Senior Petroleum Engineers on complex issues
- Classify oil and gas reserves according to PRMS deterministic reserve categories
- Utilize standard economic software such as Aries and PHDWin for reserve and economic analysis
- Develop and maintain Excel models to support reserve and economic evaluations
- Communicate technical findings and recommendations through clear, concise technical writing
Required Qualifications, Capabilities, And Skills
- Bachelor's degree in Engineering or a related field
- Minimum 3 years of experience with an E&P operating company, including exposure to reservoir engineering, operations, geology, major capital projects, and business development
- Experience estimating oil and gas reserves and running economics
- Understanding of PRMS reserve designations and deterministic reserve classification
- Proficiency in standard oil and gas economic software (Aries, PHDWin)
- Advanced Excel modeling skills
- Strong technical writing skills
Preferred Qualifications, Capabilities, And Skills
- MS Degree or MBA highly preferred
- Experience with additional software such as ComboCurve or Spotfire
- Demonstrated ability to work independently and collaborate across teams
- Experience preparing memorandums for lending or risk management purposes
- Exposure to business development in the oil and gas sector
- Strong analytical and problem-solving skills