Vice President Wealth Oil and Gas

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We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description:

 Office Location:

Abilene, Texas, United States

SCOPE/CONTACTS:

Responsible for executing Wealth Oil & Gas projects related to mineral interests, including negotiating oil and gas leases, assignments, contracts, and other related agreements. Ensures transactions and activities are properly administered in accordance with applicable compliance, accounting, and documentation requirements.

ESSENTIAL FUNCTIONS:

• Negotiate oil and gas contracts in a fiduciary capacity across all major basins.
• Initiate set-up of new accounts and/or assets through business development with Administrators.
• Provides specialty asset management for wealth plans, including oil, gas and other mineral related interests.
• Manage contracts and leases, monitors drilling activity, oversees royalty and lease bonus income, and monitors property valuations.
• Verifies production statements against public records (i.e. the Texas Railroad Commission and Texas Comptroller) and tracks title records.
• Coordinate with operations to perform necessary work in software platform and monitor results.
• Prepare reports and schedules (both internal and external) such as asset reviews and accounting reports.
• Assist other team members with problems related to a wealth or estate involving mineral interest.
• Communicate with other landmen, attorneys, and engineers for estate appraisals.
• Research, prepare, and execute necessary conveying documents involving mineral interest.
• Verify division order decimals for execution, monitor lease expirations, process Ad Valorem Taxes, and perform annual audit reviews for mineral accounts.
• Develop relationship with clients/beneficiaries to answer questions and arrange any necessary services performed.
• Research all title curative requirements.
• Actively participate in the sales and service culture, support the values of organization, and follow established bank policies and procedures.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in business administration or related field.
• Five (5) years’ experience in oil and gas industry required.
• Two years of wealth management or law experience is preferred.
• Strong organizational skills with the ability to set priorities, ensure follow-through, and maintain consistent execution across assigned areas.
• Proficient with Microsoft Office Suite or similar software; experience with core banking, lending, contact center, or related financial systems preferred.
• Strong negotiation skills, Ability to multi-task, Excellent oral and written communication skills.
• Must have a high degree of accuracy, proficiency in mathematics, and general accounting.
• Preferred AAPL member, with appropriate certification.

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)