Risk Management-Petroleum Engineer- Vice President

Location: Houston, TX, United States

Job Family: Credit Risk

About the Role

At J.P. Morgan Chase, we are a leading global financial services firm with a strong commitment to innovation and risk management in the energy sector. As a Vice President and Petroleum Engineer on our Energy Team within Credit Risk, you will play a pivotal role in evaluating the technical and financial viability of clients' oil and gas assets. Based in our Houston office, you will leverage your engineering expertise to support the firm's lending and investment decisions, ensuring robust risk assessments that align with J.P. Morgan's high standards of integrity and client service. This position offers the opportunity to work on high-profile energy deals, collaborating with cross-functional teams including credit analysts, investment bankers, and senior executives to drive sustainable growth in the upstream oil and gas market. Your primary focus will be on conducting in-depth analyses of petroleum reserves, production forecasts, and operational efficiencies to inform credit risk ratings. You will utilize advanced modeling techniques to simulate various market scenarios, incorporating factors like oil price fluctuations, geopolitical risks, and technological advancements in extraction methods. By integrating your petroleum engineering knowledge with J.P. Morgan's proprietary risk frameworks, you will help mitigate potential losses and identify opportunities for value creation in client portfolios. This role demands a blend of technical precision and financial acumen, as you review engineering reports, perform site audits, and contribute to the approval of multi-billion-dollar financing structures. In addition to core analytical responsibilities, you will engage with industry stakeholders to stay abreast of emerging trends in sustainable energy practices and regulatory compliance. J.P. Morgan values diversity of thought and encourages professional growth through mentorship and training programs tailored to the financial services landscape. If you are a seasoned petroleum engineer passionate about the intersection of energy and finance, this Vice President role provides a platform to make a meaningful impact on one of the world's most dynamic sectors while advancing your career at a premier institution.

Key Responsibilities

• Conduct detailed technical evaluations of customers' oil and gas reserves, production profiles, and asset performance to support credit risk assessments
• Perform economic modeling and sensitivity analyses on petroleum assets, incorporating commodity price volatility and operational risks
• Collaborate with J.P. Morgan's credit risk team to provide expert insights on upstream energy projects and financing structures
• Review and validate third-party engineering reports, reserve estimates, and decline curve analyses for accuracy and compliance
• Assess potential environmental and regulatory risks associated with oil and gas operations, advising on mitigation strategies
• Support due diligence processes for energy sector loans, bonds, and structured finance deals
• Develop and maintain relationships with key clients in the oil and gas industry to gather proprietary data and insights
• Contribute to the development of risk rating models specific to petroleum engineering parameters
• Monitor market trends in energy commodities and their impact on client portfolios
• Prepare comprehensive reports and presentations for senior management and risk committees

Required Qualifications

• Bachelor's degree in Petroleum Engineering or a related engineering discipline from an accredited university
• Minimum of 7-10 years of professional experience in petroleum engineering, with a focus on upstream oil and gas operations
• Proven expertise in reservoir engineering, production optimization, and economic evaluation of oil and gas assets
• Strong understanding of financial risk assessment in the energy sector, including credit risk modeling for energy clients
• Experience working with financial institutions or in a risk management capacity within the oil and gas industry
• Ability to travel up to 20% for site visits and client meetings
• Professional engineering license (PE) or equivalent certification preferred

Preferred Qualifications

• Advanced degree (Master's or PhD) in Petroleum Engineering or Engineering Management
• Prior experience at a major investment bank or financial services firm in energy risk analysis
• Familiarity with J.P. Morgan's risk management frameworks and credit approval processes
• Knowledge of regulatory requirements such as Dodd-Frank and Basel III as they apply to energy financing
• Proficiency in ESG (Environmental, Social, and Governance) considerations for oil and gas investments

Required Skills

• Expertise in petroleum reservoir simulation software (e.g., Eclipse, CMG)
• Proficiency in economic evaluation tools like Aries or PHDwin
• Strong analytical skills for financial modeling and risk quantification
• Knowledge of oil and gas accounting standards (e.g., SEC reserves reporting)
• Excellent communication skills for presenting complex technical data to non-technical stakeholders
• Project management abilities to handle multiple risk assessments simultaneously
• Familiarity with drilling and completion technologies in unconventional reservoirs
• Data analysis proficiency using Excel, Python, or R for risk scenarios
• Understanding of credit risk metrics such as PD, LGD, and EAD in energy contexts
• Team collaboration skills in a fast-paced financial services environment
• Attention to detail in reviewing engineering reports and financial projections
• Adaptability to volatile energy markets and regulatory changes
• Problem-solving skills for identifying hidden risks in asset valuations
• Interpersonal skills for building client relationships in the energy sector

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development programs and tuition reimbursement for advanced education
• Employee stock purchase plan and access to financial wellness resources
• On-site fitness centers and wellness programs at Houston office
• Relocation assistance for eligible candidates

JP Morgan Chase is an equal opportunity employer.