Energy Asset Manager

Wells Fargo•Denver, CO

9d•$75,000 - $114,000•Hybrid

About The Position

About this role: Wells Fargo is seeking an Energy Asset Manager within Banking, Lending & Trust, part of Wealth & Investment Management (WIM). This role supports the Energy Asset Management Group and is responsible for administering and overseeing energy-related specialty assets held in fiduciary accounts (e.g., trusts, estates, agencies). The position requires a strong risk mindset, attention to detail, and the ability to partner effectively with internal stakeholders and external parties to help ensure asset administration aligns with governing documents, policy, and applicable requirements. In this role, you will: Manage a portfolio of energy-related specialty assets held in fiduciary accounts, supporting ongoing administration and lifecycle events (e.g., onboarding, changes in ownership, dispositions), as applicable. Review and interpret governing documents and asset-related instruments (e.g., deeds, leases, assignments, probate documents, title opinions, and other recorded instruments) to determine ownership rights, restrictions, and required actions. Coordinate with external counterparties (e.g., operators, land professionals, attorneys) to address documentation, ownership updates, payment questions, and other asset administration needs. Research and resolve exceptions, discrepancies, and operational breaks (e.g., suspense items, missing payments, division order updates, ownership changes), documenting actions taken and outcomes. Reconcile cash flows and revenue statements, validate supporting documentation, and escalate issues consistent with internal procedures. Maintain timely and audit-ready files in systems of record, adhering to documentation standards, retention requirements, and controls. Prepare portfolio and status reporting for business partners and/or leadership, as needed, including trending of exceptions or key risks. Partner across fiduciary administration, legal, tax, operations, risk/compliance, and finance to support issue resolution and a strong control environment. Identify opportunities to improve processes, reduce exceptions, and strengthen controls; contribute to job aids and training as appropriate. Manages oil, gas, mineral, and renewable assets held in fiduciary accounts, including asset reporting, risk management, lease negotiations, title review, and division order execution, while partnering with internal teams and external advisors to support fiduciary and client objectives.

Requirements

2+ years of experience in Energy Industry or Fiduciary Specialty Asset Products or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

Registered Landman (RL) or Registered Professional Landman (RPL) or Certified Professional Landman (CPL)
Experience supporting trust, estate, or fiduciary administration involving specialty assets.
Working knowledge of energy asset types and concepts (examples may include mineral/royalty interests, lease terms, division orders, unitization/pooling, suspense resolution).
Ability to interpret land/title/legal documents and partner with attorneys/land professionals to resolve ownership and documentation issues.
Experience reconciling revenue statements/cash flows and researching variances; familiarity with basic valuation concepts for energy-related assets is a plus.
Intermediate to advanced Excel skills (pivot tables, lookups, data validation); experience with Power BI or similar reporting tools preferred.
Demonstrated success working in a highly controlled environment, with strong documentation discipline, attention to detail, and a risk-and-control mindset.
Experience working with enterprise workflow/case management tools and/or relevant industry systems (or proven ability to learn new systems quickly).
Strong written and verbal communication skills; ability to explain complex asset issues clearly to business partners and/or clients.
Bachelor’s degree in Finance, Accounting, Business, Economics, Energy Management, Petroleum Land Management, or related field preferred.

Responsibilities

Manage a portfolio of energy-related specialty assets held in fiduciary accounts, supporting ongoing administration and lifecycle events (e.g., onboarding, changes in ownership, dispositions), as applicable.
Review and interpret governing documents and asset-related instruments (e.g., deeds, leases, assignments, probate documents, title opinions, and other recorded instruments) to determine ownership rights, restrictions, and required actions.
Coordinate with external counterparties (e.g., operators, land professionals, attorneys) to address documentation, ownership updates, payment questions, and other asset administration needs.
Research and resolve exceptions, discrepancies, and operational breaks (e.g., suspense items, missing payments, division order updates, ownership changes), documenting actions taken and outcomes.
Reconcile cash flows and revenue statements, validate supporting documentation, and escalate issues consistent with internal procedures.
Maintain timely and audit-ready files in systems of record, adhering to documentation standards, retention requirements, and controls.
Prepare portfolio and status reporting for business partners and/or leadership, as needed, including trending of exceptions or key risks.
Partner across fiduciary administration, legal, tax, operations, risk/compliance, and finance to support issue resolution and a strong control environment.
Identify opportunities to improve processes, reduce exceptions, and strengthen controls; contribute to job aids and training as appropriate.