Director, Petroleum Engineer - Commercial Credit Risk & Analytics in Houston, United States

at Capital One
Location Houston, United States
Date Posted December 18, 2018
Category Petroleum Engineer
Job Type Permanent

Description

Houston Energy Office (31035), United States of America, Houston, Texas

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Director, Petroleum Engineer - Commercial Credit Risk & Analytics

Role: Director, Petroleum Engineer
Location: Houston, TX

This position is part of the Commercial Credit Risk & Analytics team, which serves as a second line of defense risk function supporting the Commercial Bank Line of Business.

Responsibilities:
The Petroleum Engineer provides a thorough and timely technical evaluation of the oil and gas assets of
Capital One Energy Banking’s clients and prospects. This evaluation and analysis is used by Relationship
Managers, Underwriters, Credit Officers, and leadership to make informed credit decisions and for ongoing
portfolio monitoring. The Petroleum Engineer reports to the Senior Petroleum Engineer.

Specific responsibilities include, but are not limited to:

Technical Evaluations
Coordinating detailed technical evaluations of proved oil and gas reserves and associated cash flow
projections.
Conducting thorough due diligence activities to confirm the utilization of prudent assumptions in the
projections used in asset evaluations, including evaluations of the borrower’s past performance,
industry performance, and basin-wide trends.
Working closely with the bank Relationship Managers, Underwriters, and Credit Officers in the
evaluation of all energy related transactions, ensuring optimal communication through the underwriting
process.
Effectively interfacing with clients’ technical and management teams and agent banks’ technical teams
to supplement and confirm due diligence efforts.
In cases where Capital One is Administrative Agent, assisting clients in preparing engineering
information for syndication purposes and interfacing with prospective participating bank engineers and
bankers to assist in their internal reserve analysis.
Developing qualitative view of borrower’s assets, technical team capabilities, past performance, and
quality of information used to prepare reserve reports.

General Duties:
Assisting in department activities to continually improve evaluation procedures and data collection
efforts.
Analyzes technology trends, human resource needs, and market demand of the oil and gas industry to
effectively evaluate risk inherent to the activities of clients/customers.
Assists the Senior Petroleum Engineer in the recommendation and implementation of new policies and
procedures as approved by or directed by executive management.
Provides input to price policy used for the determination of reserve-based lending, compiles
appropriate information, makes recommendations for action, and checks on results obtained.
Ensures compliance of bank policies, procedures, and objectives regarding processes, initiatives, and
projects.
Coordinates technical reviews with auditors and regulators.Works to provide knowledge and insight to partners (underwriting, relationship management, and credit
officers) regarding basic engineering analysis techniques, general and basin specific industry trends,
etc.

Basic Qualifications:
Bachelors Degree in Engineering or military experienceAt least 8 years of experience in the energy industryAt least 6 years in reserve evaluations and risk management within the energy industry

Preferred Qualifications:
Masters Degree in Engineering or Quantitative fieldProfessional Engineer CertificationAt least 10 years of experience in the energy industryAt least 10 years in reserve evaluations and risk management within the energy industryExperience in dealing with internal and external auditors as well as regulatorsDemonstrate strong business judgment, communication, leadership and integrityProficient in Aries for Windows, PHDWin, Microsoft Office, and Google Suite

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Related Posts