Jobs · Engineering · Texas

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

Similar jobs

VP of Risk Management

Heritage Financial Credit UnionHeadquarters, KY· 3 mo ago
Sales$157k–$175k/yrapply on recruiting.paylocity.com