Jr. Petroleum Engineer

The Petroleum Engineer partners and interacts with the Senior Petroleum Engineer and the Energy Team’s Relationship Managers (RMs), Portfolio Managers (PMs) and Credit Officers, and is responsible for the technical evaluation of oil and gas assets. The successful incumbent has strong interpersonal, business skills, and excellent verbal and written communication skills, skilled in collecting and analyzing complex data and possesses excellent listening and problem-solving skills, work independently and collaboratively, while building strategic relations with colleagues and constituents. Primary responsibilities include but will not be limited to: Reserve Based Lending (RBL) Valuations: Conducting thorough due diligence activities with the client and Agent Bank technical teams to confirm the use of prudent assumptions in the projections including an assessment of past performance, industry trends, and in-basin peer performance. Obtaining data for engineering evaluation from customer's engineering and financial personnel, using engineering expertise to analyze data provided by customers to determine validity and accuracy of information, while using accepted petroleum engineering methods to arrive at oil and gas reserve estimates. Preparing memos that summarize the results of the evaluation including risk assessment, quality of customer's technical staff and grading of collateral characteristics. Communicating to the loan committee the RBL results and risk assessment of the engineering evaluation of oil and gas properties, to ensure all pertinent aspects of the collateral are known and understood. For Agented deals, 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. Marketing and New Business: Assisting in marketing efforts by making outside calls with Relationship Managers (RM's) with an emphasis on potential customers where technical knowledge will help generate new business. Screening potential new loans for viability. Training and Collaboration: Collaborating with the Senior Petroleum Engineer, RM’s, PM's and Credit Officers on the RBL valuation process, inherent risks and value determination methods and provide input to the periodic assessment of Bank commodity price assumptions used for the determination of loan values. Initiating recommendations to improve the efficiency of engineering software and hardware. Participating in presentations to leadership, Credit Officers and other bank groups as needed. Minimum Qualification Requirements 5-7 years of relevant experience in reserve evaluation and risk assessment in the Energy Industry Proficient in Aries for Windows, PHDWin, Microsoft Office Evidence of strong business judgment, communication, leadership and integrity Financial Industry background is preferred Education: Bachelor's Degree from an accredited university in Petroleum Engineering or related degree To thrive as a colleague at Citizens, candidates must demonstrate a strong customer-centric mindset, exhibit persistence and resilience in the face of challenges, and embrace continuous learning to adapt and grow in a dynamic environment. Hours and Work Schedule: (4 days in office, 1 day remote) Hours per Week: 40 Work Schedule: Monday-Friday Work Location: Houston, TX Pay Transparency The salary range for this position is $121,720 - $236,280 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits . Citizens will not sponsor an applicant for a work visa, such as an H-1B, for this position.