Reserves Evaluation Engineer at US Bank National Association
Dallas, TX 75240, USA -
Full Time


Start Date

Immediate

Expiry Date

30 Nov, 25

Salary

163800.0

Posted On

31 Aug, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Microsoft Office, Management Skills, Petroleum Engineering, Computer Skills, Communication Skills, Financial Services, Microsoft Access, Python, Independence, Regulations

Industry

Financial Services

Description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

JOB DESCRIPTION

This role is responsible for executing a comprehensive engineering process to evaluate customers’ petroleum reserves in support of Reserve Based Lending (RBL). The successful candidate will apply strong technical expertise to assess collateral value and identify potential risks, contributing to the accuracy and efficiency of the lending process.
The Reserves Evaluation Engineering culture revolves around innovation, creativity, execution, process improvement, and collaboration across all three lines of defense and regulatory bodies. Individuals seeking to join the team should possess an inquisitive, growth mindset, track record of taking initiative, and agility to problem-solve in a team setting.

MINIMUM QUALIFICATIONS:

  • B.S. Petroleum Engineering.
  • 10+ years of relevant engineering experience.
  • Experience and understanding of discounted cash flows and cash flow modeling.
  • Strong Aries experience is required.
  • Strong Microsoft Access and Excel skills; Excel modeling experience required.

PREFERRED SKILLS/EXPERIENCE:

  • Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
  • Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls.
  • Thorough knowledge of Risk/Compliance/Audit competencies.
  • Ability to act with a high degree of independence.
  • Effective written and verbal communication skills. Self-motivated with a high level of individual initiative.
  • Strong analytical capabilities with the ability to make technically and economically sound recommendations with limited information.
  • Excellent time management skills with ability to manage multiple assignments concurrently and meet deadlines.
  • Strong analytical, problem-solving and negotiation skills.
  • Proficient computer skills, especially Microsoft Office, SLQ, Python, and PowerBI Technologies.
  • Applicable professional certifications.
    If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Responsibilities

KEY RESPONSIBILITIES:

  • Ensure accuracy, consistency, and timely completion of engineering evaluations.
  • Conduct engineering and economic assessments of oil and gas assets for RBL purposes.
  • Prepare detailed narrative engineering reports and supporting documentation.
  • Communicate regularly with internal stakeholders and external clients regarding technical matters.
  • Generate internal reports related to oil and gas portfolio performance and risk.
  • Follow established credit policies and due diligence procedures.
  • Analyze and present oil and gas cash flow projections.
  • Utilize engineering software (e.g., ARIES, PHDWin) to model reserves and forecast production.
  • Contribute to the development and refinement of engineering methodologies to improve processes.

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by la
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