Associate, Reservoir Engineer - Global Investment Banking / Energy (Houston)

Scotiabank • Houston, TX

3d • Onsite

About The Position

This role is an engineering support position for the Houston Domestic and International A&D team within the Global Investment Banking – Energy Division. The position focuses on the execution of upstream and midstream oil and gas pitches, live mandates, and ad hoc technical requests. The Associate, Reservoir Engineer will be responsible for the accuracy and timely delivery of data analysis and ARIES/PHDwin database work related to advisory mandates. This role does not have budgeting responsibilities or signing authority. The successful candidate will develop and integrate technical inputs into valuation and economic models to support investment decisions across North American and International basins, analyze key engineering and geological drivers, and build, run, and sensitize technical inputs that feed economic models. They will also manage and maintain technical and economic databases, support ad hoc analysis by pulling third-party data, and contribute to engineering portions of Management Presentations and pitch materials. A working knowledge of oil and gas industry technical trends, commodity prices, and technological developments is expected. The role also involves understanding the Bank's risk appetite and culture, championing a high-performance and inclusive work environment, and fostering a customer-focused culture.

Requirements

• University/College degree in Petroleum Engineering
• ~10 years of experience working in oil and gas engineering related roles
• Expert knowledge of ARIES and/or PHDwin is a requirement
• Strong knowledge of third-party support products (e.g. Enverus Prism, Wood Mackenzie Welligence)
• Proven ability to work concurrently across multiple tasks / activities primarily related to oil and gas asset / corporate evaluations
• Strong computer skills including Microsoft office products and technical oil and gas software

Nice To Haves

• Beneficial to have exposure to oil and gas acquisitions and divestiture activity in a prior role
• Exposure to economic evaluation (net present value), fiscal regimes, SEC Reserves

Responsibilities

• Engineering support role for Houston Domestic and International A&D team, focused on execution of upstream and midstream oil and gas pitches, live mandates and ad hoc technical requests
• Responsible for accuracy and timely delivery of data analysis and ARIES/PHDwin database work related to advisory mandates
• Develop and integrate technical inputs into valuation and economic models to support investment decisions across North American and International basins
• Analyze key engineering and geological drivers, including PDP forecasting, type curve development and inventory delineation (base vs. upside)
• Build, run and sensitize technical inputs that feed economic models; manage and maintain technical and economic databases (e.g., ARIES, PHDwin, ComboCurve) and provide timely and accurate outputs to senior Technical and Corporate Finance colleagues
• Support ad hoc analysis and requests by pulling third party (Enverus, Wood Mackenzie, Welligence) data using Spotfire or other proprietary tools to assist with evaluations and any related client / senior banker request
• Continuously develop new tools that enhance database related efficiency and accuracy
• Provide colleagues / customers with troubleshooting issues and closing any knowledge gaps with engineering database management software
• Contribute to engineering portions of Management Presentations and pitch materials, including assisting with slide preparation and engineering analysis with senior engineering oversight
• Maintain working knowledge of oil and gas industry technical trends (e.g. completion strategies and performance trends at operator and basin levels), commodity prices, and latest developments in technology using public and proprietary data
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk
• Champions a high-performance environment and contributes to an inclusive work environment
• Champions a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge

Benefits

• Employee Referral Program – Potential Reward: $3,500.00
• flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree