Oil and Gas Petroleum Engineer - SAM Associate III

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
Manages most advanced & complex portfolio within a given segment of specialty assets, i.e., the real estate, oil & gas, farm & ranch, timberland and private businesses group. Partners closely with Private Bank relationship/client managers - provides creative solutions to complex customer/asset needs. Provides engineering, geological and other technical advice and recommendations as part of the Bank of America Mineral Management team.

Job Responsibilities include:

• Preparation of net income projections and fair market value appraisals (in-house or third party); 
• Proficient with utilizing PHDWin reserve and economic software, excellent Microsoft Office skills, presentation skills and communication skills;
• Review joint interest billings;
• Review authority for expenditures (AFEs) and provide election recommendations and consultation with assigned asset managers; knowledge base requires field experience including drilling, completion and production operations;
• Review and provide feedback on joint operating agreements, unitization agreements and farmout agreements;
• Ability to inspect working interest operations on designated working interest assets and comment on environmental matters relating thereto. In appropriate cases, should be able to communicate with well operators for remediation of any environmental issues found;
• Must work closely with other professionals (in-house and third party engineering firms) to deliver top-tier asset management services for clients and team.

Required Qualifications:

• 10+ years of related field experience
• Exploration and production experience with a major or independent oil company
• Proficient with PHDWin reserve and economic software and Enverus’ multiple data platforms
• Familiarity and proficient gathering information from various state oil and gas agencies in order to make well-qualified decisions and recommendations on AFEs and building material for client presentations
• Excellent presentation skills with an ability to explain complex subject matter in a clear and concise manner to clients who may not be as familiar with the Energy industry
• Strategic thinker who is a team player, self-starter, and strong communicator

Desired Qualifications:

• Petroleum Engineering degree or other applicable engineering degree
• Reservoir engineering experience
• Licensing as a Professional Engineer

Skills:

• Collaboration
• Decision Making
• Issue Management
• Prioritization
• Strategic Thinking
• Critical Thinking
• Customer and Client Focus
• Oral Communications
• Project Management
• Written Communications
• Active Listening
• Adaptability
• Analytical Thinking
• Continuous Improvement
• Innovative Thinking

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: