Bank Of America Oil & Gas Engineer Executive 

United States, Texas, Dallas 

875902702

Job Description:

Job Description:

This job is responsible for leading a dynamic oil and gas engineering process that evaluates the client's oil and gas reserves to determine proper loan asset values and potential collateral risks that could jeopardize loan repayment. The successful candidate will possess the necessary technical skills and relevant managerial experience to lead a team of bank engineers to execute the process at a high level while continuing to drive for process improvements and operational efficiencies.

Bank of America’s engineering staff is responsible for evaluating the client's oil and gas reserves in conjunction with new financing transactions under consideration plus semi-annual borrowing base redeterminations. The engineering position supports the process by performing analysis and risk assessment of client engineering data. This position will have responsibilities for managing associates, but will also require the engineer to provide engineering analysis and support for their own clients.

Specific Responsibilities include:

• Drive accuracy, consistency and timely execution of the engineering process

• Champion data driven decision-making and removes obstacles to optimize operations

• Develop and refine engineering techniques for continued process improvement

• Coach to sustain and elevate organizational performance

• Efficiently allocate and manage resources to drive short and long term profitability

• Inspect and challenge risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk

• Contribute to enterprise strategy and connect team contributions to business purpose, results, and success

Minimum Candidate Qualifications

• BS Petroleum Engineering

• 10+ years of relevant experience with 3+ years managerial experience working for a financial institution

• Strong Aries experience is required; Strong PHDwin experience is preferred

• Strong Microsoft Access and Excel skills; Excel modeling experience required

• Experience with bank E&P (Exploration & Production) borrowing bases required

• Significant business knowledge of risk management and regulatory interactions

• Strong analytical and organizational skills; focus on attention to detail

• Excellent written and verbal communication skills. Effectively packages and communicates complex content and information.

• Demonstrated ability to engage and communicate at the executive level, establish, and maintain collaborative partnerships and provide thought leadership to strategic decisions

• Critical thinker with the ability to influence senior leaders, including to challenge the status quo, produce appropriate changes and implement goals

• An individual who can lead a diverse associate population, inspire a strong sense of camaraderie and accountability, and motivate continuous improvements to performance. Able to attract, retain and develop top talent

Technical Competencies Include:

• Data input, organization, manipulation, and presentation of oil and gas cash flow projections

• Execution of engineering software (ARIES, PHDWin) to analyze data and prepare forecasts

• Extraction of model cash flow projections into Excel-based credit models to assess asset performance

• Preparation of narrative engineering reports and supporting documentation

• Routine correspondence with internal partners and external clients related to engineering matters

• Preparation of internal reports related to the oil and gas portfolio

• Adherence to credit policy and due diligence guidelines

1st shift (United States of America)