Oil and Gas Asset Manager SAM Associate II

Bank of America - Dallas, TX

Full-time - Mid Level

Dallas, TX

Credit Intermediation and Related Activities

About the position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Responsibilities

• Manages more complex specialty assets within The Private Bank Group with a full and in-depth understanding of all fiduciary aspects associated within a given segment of specialty assets, i.e., real estate, farm & ranch, timberland, oil & gas, private businesses.
• Partners closely with Private Bank relationship/client managers in proactive client service and sales activities to generate new business.
• Links up closely with a Private Bank market to determine appropriate resources needed within Specialty Asset Management to obtain new business.
• Provides creative solutions to complex customer/asset needs.
• Responsible for the comprehensive management of oil, gas and mineral assets held in trusts, estates, agency accounts, or corporate entities.
• Negotiates oil and gas leases, and manages the development of oil and gas assets.
• Involved in all aspects of lease administration, division order administration, title verification, deed/contract interpretation and preparation, domicile and ancillary probate procedures, and gas marketing.
• Reviews and approves payment of ad valorem taxes.
• Reviews and approves joint interest billings for working interests.
• Works as part of client team to prepare and present customized presentations.
• Performs annual reviews on client accounts.
• Reviews and makes recommendations to approve or reject the acceptance of new accounts, and coordinates and assists with all necessary paperwork associated with closing accounts.

Requirements

• 2-5+ years of professional experience in the oil and gas industry
• Strong verbal, written, and presentation skills
• Proficiency in Microsoft Office Suite
• Results driven, detail oriented, and motivated self-starter
• Exceptional organizational skills and ability to manage multiple tasks

Nice-to-haves

• Bachelor's degree in Petroleum Land/Energy Management or legal background
• Fiduciary mineral management experience
• Proficiency with DrillingInfo RPL, CPL, or other certifications

Benefits

• Competitive benefits to support physical, emotional, and financial well-being