Risk Management-Petroleum Engineer- Vice President Job at JP Morgan Chase, Houston, TX

  • JP Morgan Chase
  • Houston, TX

Job Description

Join J.P. Morgan and make a direct impact on the evaluation of oil and gas reserves that drive our lending decisions. As a Petroleum Engineer, you will leverage your technical expertise to assess energy assets and support business growth. This is your opportunity to collaborate with industry leaders, apply advanced engineering skills, and help shape the future of energy finance. You will work in a dynamic environment where your insights and recommendations matter. Be part of a team that values innovation, accuracy, and professional development.As a Petroleum Engineer in the Reserves Evaluation team, you will independently conduct comprehensive oil and gas reserve and economic evaluations for customer loan requests and borrowing base reviews. You will collaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships and ensure that evaluation results are clearly documented and communicated. Your work will help us make informed lending decisions and manage risk effectively.Job ResponsibilitiesPerform independent, comprehensive oil and gas reserve and economic evaluations for prospective and existing customer loan requests and borrowing base reviewsCollaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships focused on reserves evaluation as collateralDocument evaluation results in memorandums that summarize recommended loan value, estimated economics, key assumptions, downside risks, and asset qualityApply established policies, practices, and procedures in reserves evaluation, seeking guidance from Senior Petroleum Engineers on complex issuesClassify oil and gas reserves according to PRMS deterministic reserve categoriesUtilize standard economic software such as Aries and PHDWin for reserve and economic analysisDevelop and maintain Excel models to support reserve and economic evaluationsCommunicate technical findings and recommendations through clear, concise technical writingRequired qualifications, capabilities, and skillsBachelor’s degree in Engineering or a related fieldMinimum 3 years of experience with an E&P operating company, including exposure to reservoir engineering, operations, geology, major capital projects, and business developmentExperience estimating oil and gas reserves and running economicsUnderstanding of PRMS reserve designations and deterministic reserve classificationProficiency in standard oil and gas economic software (Aries, PHDWin)Advanced Excel modeling skillsStrong technical writing skillsPreferred qualifications, capabilities, and skillsMS Degree or MBA highly preferredExperience with additional software such as ComboCurve or SpotfireDemonstrated ability to work independently and collaborate across teamsExperience preparing memorandums for lending or risk management purposesExposure to business development in the oil and gas sectorStrong analytical and problem-solving skills JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management. We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransJ.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Full timePosting Date: 2026-06-24

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