At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

This role is responsible for executing a comprehensive engineering process to evaluate customers’ petroleum reserves in support of Reserve Based Lending (RBL). The successful candidate will apply strong technical expertise to assess collateral value and identify potential risks, contributing to the accuracy and efficiency of the lending process.

The Reserves Evaluation Engineering culture revolves around innovation, creativity, execution, process improvement, and collaboration across all three lines of defense and regulatory bodies. Individuals seeking to join the team should possess an inquisitive, growth mindset, track record of taking initiative, and agility to problem-solve in a team setting.

Key Responsibilities:

• Ensure accuracy, consistency, and timely completion of engineering evaluations.
• Conduct engineering and economic assessments of oil and gas assets for RBL purposes.
• Prepare detailed narrative engineering reports and supporting documentation.
• Communicate regularly with internal stakeholders and external clients regarding technical matters.
• Generate internal reports related to oil and gas portfolio performance and risk.
• Follow established credit policies and due diligence procedures.
• Analyze and present oil and gas cash flow projections.
• Utilize engineering software (e.g., ARIES, PHDWin) to model reserves and forecast production.
• Contribute to the development and refinement of engineering methodologies to improve processes.

Minimum Qualifications:

• B.S. Petroleum Engineering.
• 10+ years of relevant engineering experience.
• Experience and understanding of discounted cash flows and cash flow modeling.
• Strong Aries experience is required.
• Strong Microsoft Access and Excel skills; Excel modeling experience required.

Preferred Skills/Experience:

• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls.
• Thorough knowledge of Risk/Compliance/Audit competencies.
• Ability to act with a high degree of independence.
• Effective written and verbal communication skills. Self-motivated with a high level of individual initiative.
• Strong analytical capabilities with the ability to make technically and economically sound recommendations with limited information.
• Excellent time management skills with ability to manage multiple assignments concurrently and meet deadlines.
• Strong analytical, problem-solving and negotiation skills.
• Proficient computer skills, especially Microsoft Office, SLQ, Python, and PowerBI Technologies.
• Applicable professional certifications.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $139,230.00 - $163,800.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.