Risk Management-Petroleum Engineer- Vice President

JPMorganChase; Houston (TX); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Retirement savings plan

Tuition reimbursement

Mental health support

Job summary

JPMorganChase in Houston is looking for a Petroleum Engineer to evaluate oil and gas reserves that inform lending decisions. You will independently conduct comprehensive evaluations for customer loan requests and collaborate with various teams to ensure thorough documentation and communication of results.

The ideal candidate will have a Bachelor's degree in Engineering and at least 3 years of experience in the E&P sector, proficient in relevant economic software and Excel modeling. The role offers competitive compensation and benefits.

Qualifications

• Minimum 3 years of experience with an E&P operating company.
• Experience estimating oil and gas reserves and running economics.
• Proficiency in standard oil and gas economic software.

Responsibilities

• Conduct comprehensive oil and gas reserve evaluations for loan requests.
• Collaborate with teams to ensure effective evaluations.
• Document evaluation results in comprehensive memorandums.

Skills

Oil and gas reserve estimation

Technical writing

Excel modeling

PRMS reserve classification

Education

Bachelor's degree in Engineering or a related field

Tools

Aries

PHDWin

ComboCurve

Spotfire

Job description

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 Responsibilities

• Perform independent, comprehensive oil and gas reserve and economic evaluations for prospective and existing customer loan requests and borrowing base reviews
• Collaborate with Engineering Technicians, Risk teams, and bankers to develop business relationships focused on reserves evaluation as collateral
• Document evaluation results in memorandums that summarize recommended loan value, estimated economics, key assumptions, downside risks, and asset quality
• Apply established policies, practices, and procedures in reserves evaluation, seeking guidance from Senior Petroleum Engineers on complex issues
• Classify oil and gas reserves according to PRMS deterministic reserve categories
• Utilize standard economic software such as Aries and PHDWin for reserve and economic analysis
• Develop and maintain Excel models to support reserve and economic evaluations
• Communicate technical findings and recommendations through clear, concise technical writing

Required Qualifications

• Bachelor's degree in Engineering or a related field
• Minimum 3 years of experience with an E&P operating company, including exposure to reservoir engineering, operations, geology, major capital projects, and business development
• Experience estimating oil and gas reserves and running economics
• Understanding of PRMS reserve designations and deterministic reserve classification
• Proficiency in standard oil and gas economic software (Aries, PHDWin)
• Advanced Excel modeling skills
• Strong technical writing skills

Preferred Qualifications

• MS Degree or MBA highly preferred
• Experience with additional software such as ComboCurve or Spotfire
• Demonstrated ability to work independently and collaborate across teams
• Experience preparing memorandums for lending or risk management purposes
• Exposure to business development in the oil and gas sector
• Strong analytical and problem‑solving skills

Benefits

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Eligible roles may receive commission‑based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity. We also offer a range of benefits and programs to meet employee needs, including 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.

J.P. Morgan is an equal opportunity employer and places a high value on diversity and inclusion. 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/Veterans.