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JP Morgan Chase

Runs a consumer bank and an investment bank

Petroleum Engineer Vice President

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeHouston, TX, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Engineering or a related field is required.
  • At least 3 years of experience with an E&P operating company, including exposure to reservoir engineering, operations, geology, major capital projects, and business development is required.
  • Experience estimating oil and gas reserves and running economics is required.
  • Understanding of PRMS reserve designations and deterministic reserve classification is required.
  • Proficiency in standard oil and gas economic software, including Aries and PHDWin, is required.
  • Advanced Excel modeling skills are required.
  • Strong technical writing skills are required.

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.
  • Use 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.

Desired Qualifications

  • An MS degree or MBA is highly preferred.
  • Experience with additional software such as ComboCurve or Spotfire is preferred.
  • Ability to work independently and collaborate across teams is preferred.
  • Experience preparing memorandums for lending or risk management purposes is preferred.
  • Exposure to business development in the oil and gas sector is preferred.
  • Strong analytical and problem-solving skills are preferred.

About the Company

JP Morgan Chase

Runs a consumer bank and an investment bank

JPMorgan Chase runs the largest bank in the United States, which serves households and small businesses as Chase and large companies, governments, and investors as J.P. Morgan. During the 2008 financial crisis it bought the failing investment bank Bear Stearns and lender Washington Mutual, and in 2023 it took over First Republic Bank after regulators seized it. Chase takes deposits and earns interest on credit cards, mortgages, and car loans, while the investment side earns fees for advising on mergers, raising money for companies, trading stocks and bonds, and managing wealth. Formed in a 2000 merger, JPMorgan Chase traces its roots to 1799 and is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1799

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