Location:

600 Travis Street - Houston, Texas 77002

Job Summary
The Petroleum Engineer Team Leader will report directly to the Senior Vice President and Leader of Energy, Banking Group Private Loan Management ("SVP-BGPM") and will be located in KeyBank's office in Houston, TX. As a key part of KeyBank's Energy team, the Petroleum Engineer Team Leader will manage the KeyBank Petroleum Engineering Team that provides the corporate banking function with engineering support, leading the technical and economic evaluation of oil and gas properties in a manner that conforms to good engineering practice and KeyBank policy as it relates to oil and gas reserve based loans and other extensions of credit. The Petroleum Engineer Team Leader's prime function is to lead the determination of corporate lending values for the team based on a strong understanding of oil and gas lending risks. The Petroleum Engineer Team Leader will partner closely with KeyBank's team of Energy Relationship Managers to evaluate, build, support, and maintain portfolios when engineering support is required. The Petroleum Engineer Team Leader regularly attends industry forums, client and prospect calls in partnership with Energy origination and execution bankers. This individual will communicate with technical personnel, and senior executives of clients and prospects regarding the technical aspects of the client's producing properties and infrastructure as it relates to borrowing base determinations. The Petroleum Engineer Team Leader will discuss the engineering risks and merits of each deal with the SVP-BGPM, Relationship Managers, the Credit team, and bank senior management. The Petroleum Engineer Team Leader will from time-to-time assist banking and the SVP-Banking Group Portfolio Management in the establishment of lending policies and the oil and gas pricing deck.

ESSENTIAL TEAM LEAD JOB FUNCTIONS

• Evaluates 3rd party reserve reports with a view to establishing an independent lending value that is in adherence to KeyBank’s formal lending policy and historical risk tolerances. 
• Performs periodic reviews/testing of portfolio metrics.
• Supports complex technical evaluation of oil & gas assets as well as production updates to complete a collateral valuation, credit analysis and cash flow models for upstream companies.
• Discusses the engineering risks and merits of each deal, providing perspective and guidance to BGPM, Relationship Managers, the Credit team, and bank senior management.
• Employs industry software (e.g. Aries / PHDWin) to confirm client reserve assessments.
• Reviews the technical and economic input parameters to the client reserve report to ensure compliance with historical data.
• Utilizes a corporate cash flow model using KeyBank’s standard models incorporating economic assumptions such as production forecasts, reserves, commodity prices, operating costs, discount rate.
• Assesses the experience level and competence of a client’s technical management team, the reasonableness of a client’s business strategy as well as historical success at achieving strategic targets drawing upon broad industry and historical perspective.
• Prepares memos in support of complex or significant value credit applications that contain an independent assessment of an appropriate lending value, the risks and merits of the client’s asset portfolio, abilities of management, and the quality of a client’s producing assets as it relates to other clients and the industry in general.
• Assists as needed in business development and execution of bank mandates including syndications.
• Maintains an active network of other bank petroleum engineers to assess market risk issues and to establish an appropriate oil and gas price deck.
• Assists in the establishment of lending policies and the oil and gas pricing deck, leveraging deal and industry experience.
• Makes regular client and prospect calls to conduct due diligence in coordination with the Oil and Gas banking team. 
• Assists with miscellaneous technical project related duties as required.

• REQUIRED QUALIFICATIONS

• Undergraduate degree in Petroleum Engineering or equivalent technical discipline combined with relevant industry experience.
• Minimum of 10 years of domestic/international oil and gas evaluation experience, preferably with a financial institution, exploration & production company or engineering consulting firm.
• Demonstrated technical expertise in reserve evaluation and economics of oil and gas properties.
• Working knowledge of Aries/PHDWin and Access; competency with Microsoft Office and the ability to learn and effectively utilize other technology applications as needed.
• Working knowledge of PRMS and SEC oil and gas reporti