Citizens Bank

1 week ago

Petroleum Engineer

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Evaluate oil and gas assets for reserve-based lending by performing reserve and risk assessments, gathering and analyzing technical and financial data, and preparing evaluation memos for loan committee review. Partner with relationship managers, portfolio managers, and credit officers to support valuations, commodity price assumption reviews, and presentations. Assist with marketing and screening new loans, and help improve the efficiency of engineering software and hardware.

Location: Houston

Workplace: Hybrid

Employment Type: Full time

Seniority: Mid level

Key Responsibilities

•Conduct reserve-based lending (RBL) valuations, including due diligence to validate prudent assumptions using past performance, industry trends, and peer performance.
•Obtain and analyze engineering evaluation data from customer engineering and financial personnel to determine validity, accuracy, and reserve estimates.
•Prepare evaluation memos summarizing risk assessment, technical staff quality, and collateral characteristics, and communicate results to the loan committee.
•Support marketing and new business by assisting outside calls with relationship managers and screening potential new loans for viability.
•Collaborate on inherent risks and value determination methods, provide input to commodity price assumption assessments, and recommend improvements to engineering software and hardware.

Pay and Benefits

Salary: USD 121,720 - 236,280 annually

Perks:MedicalDentalVisionRetirement BenefitsParental LeaveFlexible WorkWellness Stipend

Key Requirements

•5-7 years of relevant experience in reserve evaluation and risk assessment in the Energy Industry.
•Proficiency with Aries for Windows, PHDWin, and Microsoft Office.
•Demonstrated strong business judgment, communication, leadership, and integrity.
•Ability to collect and analyze complex data and solve problems while working independently and collaboratively.
•Bachelor's degree in Petroleum Engineering or a related field from an accredited university.

Experience:5-7 yearsEnergyOil and gasReserve evaluation

Education:Bachelor's in Petroleum Engineering or related degreean accredited university

Skills:Interpersonal skillsVerbal and written communicationListeningProblem-solvingLeadership

Tech Stack:Aries for WindowsPHDWinMicrosoft Office

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Citizens Bank

Regional bank offering retail and commercial banking, mortgage lending, wealth management, and payment services to individuals and businesses across the United States.

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Providence, United States

Founded: 1828

Website

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Citizens Bank

1 week ago

Petroleum Engineer

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 13 hours agoStatus: Live

Job Summary

Location: Houston

Workplace: Hybrid

Employment Type: Full time

Seniority: Mid level

Key Responsibilities

•Conduct reserve-based lending (RBL) valuations, including due diligence to validate prudent assumptions using past performance, industry trends, and peer performance.
•Obtain and analyze engineering evaluation data from customer engineering and financial personnel to determine validity, accuracy, and reserve estimates.
•Prepare evaluation memos summarizing risk assessment, technical staff quality, and collateral characteristics, and communicate results to the loan committee.
•Support marketing and new business by assisting outside calls with relationship managers and screening potential new loans for viability.
•Collaborate on inherent risks and value determination methods, provide input to commodity price assumption assessments, and recommend improvements to engineering software and hardware.

Pay and Benefits

Salary: USD 121,720 - 236,280 annually

Perks:MedicalDentalVisionRetirement BenefitsParental LeaveFlexible WorkWellness Stipend

Key Requirements

•5-7 years of relevant experience in reserve evaluation and risk assessment in the Energy Industry.
•Proficiency with Aries for Windows, PHDWin, and Microsoft Office.
•Demonstrated strong business judgment, communication, leadership, and integrity.
•Ability to collect and analyze complex data and solve problems while working independently and collaboratively.
•Bachelor's degree in Petroleum Engineering or a related field from an accredited university.

Experience:5-7 yearsEnergyOil and gasReserve evaluation

Education:Bachelor's in Petroleum Engineering or related degreean accredited university

Skills:Interpersonal skillsVerbal and written communicationListeningProblem-solvingLeadership

Tech Stack:Aries for WindowsPHDWinMicrosoft Office

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Citizens Bank

Regional bank offering retail and commercial banking, mortgage lending, wealth management, and payment services to individuals and businesses across the United States.

Industry: Banking

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Providence, United States

Founded: 1828

Website