Specialty Assets Manager
MidFirst Bank · Oklahoma City Metropolitan Area · 1 wk ago
On-siteFinanceFull-time
Key Responsibilities
- Administer and manage mineral, royalty, overriding royalty, and working interest properties held in trust, agency, and estate accounts.
- Review, interpret, and negotiate oil & gas leases, surface use agreements, division orders, and other mineral-related contracts.
- Monitor production reports, royalty payments, and lease compliance to ensure timely and accurate revenue collection.
- Cook with operators, attorneys, surveyors, and title companies to resolve ownership, title, and operational issues.
- Conduct due diligence and valuation for mineral asset acquisitions or dispositions within fiduciary accounts.
- Research on and collection of suspended funds for trust, agency, and estate accounts.
Client & Fiduciary Services
- Provide proactive, professional communication to trust beneficiaries, co-trustees, and internal trust officers regarding mineral asset performance and activity.
- Prepare and present asset summaries, production analyses, and revenue reports for client meetings.
- Advise fiduciary officers and clients on market trends, asset optimization strategies, and potential divestitures or acquisitions.
Compliance & Risk Management
- Ensure compliance with all fiduciary, regulatory, and internal policy requirements related to mineral management.
- Maintain accurate and up-to-date mineral ownership records and documentation.
- Oversee proper severance tax reporting, lease obligations, and regulatory filings.
Market & Technical Expertise
- Stay current on oil, gas, and mineral market trends, regulatory changes, and emerging issues affecting mineral owners.
- Utilize land management and mapping software to track and analyze mineral holdings.
Education & Experience
- Bachelor’s degree in Petroleum Land Management, Energy Management, Business, Law, or related field preferred; equivalent experience considered.
- 5+ years of oil & gas land, mineral management, or trust administration experience, preferably in a fiduciary or institutional setting.
- Strong understanding of mineral title, lease negotiation, division orders, and production revenue accounting.
- Sales experience preferred.
Skills & Competencies
- Excellent negotiation, contract review, and analytical skills.
- Proficiency with land management software, GIS mapping, and Microsoft Office Suite.
- Knowledge of accounting concepts and software.
- Strong organizational skills with the ability to manage multiple accounts and deadlines.
- Exceptional interpersonal skills for working with clients, beneficiaries, and industry professionals.
- Able to interpret and apply legal documents, contracts, and regulatory requirements.
Preferred Certifications
- Registered Professional Landman (RPL) or Certified Professional Landman (CPL) – AAPL
- Certified Mineral Manager (CMM) – NARO
- Trust and fiduciary-related certifications (CTFA) a plus.