Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Petroleum Engineer, you will report to the Head of Engineering within PNC’s Independent Risk Management organization.

This is a hybrid position which provides flexibility to work both in the office and remotely and is based in Houston, TX. Certain job responsibilities may require time in the office on a regular basis.

We are seeking the following qualifications:

• Evidence of success in working in a fast-paced environment with strict
deadlines.
• Experience in major onshore US basins preferred.
• Prior experience with petroleum engineering software Aries or PHDWin is
required.
• Strong proficiency in Microsoft Excel including advanced functions (e.g.
VLOOKUP, pivot tables, macros) and data analysis tools.
• Proficiency in Microsoft Access including database design, query, and
reporting data analytics.
• Experience in Spotfire (or equivalent) to create and maintain dashboards,
visualizations with the ability to analyze and interpret complex data sets.
• Ability to communicate engineering findings effectively to both technical
and non-technical stakeholders.
• Ability and willingness to keep abreast of industry trends, basin trends,
A&D trends, and operator track records.
• Familiarity and/or experience in Enverus (or similar) to analyze data,
assess performance, and provide actionable insights.
• Serve as a resource and partner for entire bank for knowledge and insight
regarding basic engineering analysis techniques and any energy related
trends, which at times may even require support for special energy
projects such as renewables, ESG initiatives, carbon capture, etc.
• Collaborative, team player with the willingness to partner on special
projects and in-person meetings/presentations.
• Experience at an active E&P company, a third-party reserve audit firm, an
A&D firm, or financial / banking institution.
• Professional engineering license and/or finance experience is a plus.

Primary Roles and Responsibilities:

• Provide support for PNC Energy Team consisting of primarily Credit,
CPG/Underwriting, and C&IB.
• Complete thorough, independent engineering due diligence assessment of
proposed deals and redeterminations for existing and prospective RBL and
Midstream onshore US oil and gas clients by assessing engineering and
commercial viability and identifying key risks, typically semi-annually, for
existing clients and as needed throughout the year for prospective clients.
• Assess technical risks for each deal and client using information provided
by client for analysis, prior industry experience, and data service or other
outside industry resources, ensuring potential risks are conveyed to
appropriate Energy Team members (Credit, CPG and C&IB).
• Apply standard reserve reporting methodology to engineering analysis that
adheres to internal PNC Engineering Policy guidelines, Underwriting Policy,
OCC guidelines and all other PNC policies as well as oil and gas reporting
SEC and PRMS guidelines, with basis of loan value analysis rooted in
valuation of proved reserves, prior experience with reserve classification a
plus.
• Communicate key findings to Energy Team members in a concise, relevant,
effective manner through written documentation as well as pre-screen or
other formal approval meetings with key decision makers; requires strong
communication skills and fundamental understanding of economics,
payouts, rates of return, and cash flow to assess fully assess and
communicate technical risk especially to non-engineering Energy Team
members.<