VP Wealth Oil & Gas

First Financial Bank•Abilene, TX

5d•Onsite

About The Position

The VP Wealth Oil & Gas executes wealth projects involving mineral interests, including negotiating oil and gas leases, assignments, contracts, and other related agreements. The role ensures transactions and activities are administered in accordance with applicable compliance, accounting, and documentation requirements. It provides specialty asset management for wealth plans involving oil, gas, and other mineral interests, and works with clients, beneficiaries, internal teams, and external professionals.

Requirements

Bachelor’s degree in business administration or a related field.
Five years of experience in the oil and gas industry.
Strong organizational skills, including the ability to set priorities, ensure follow-through, and maintain consistent execution.
Proficiency with Microsoft Office Suite or similar software.
Strong negotiation skills.
Ability to multitask.
Excellent oral and written communication skills.
High degree of accuracy, proficiency in mathematics, and general accounting knowledge.

Nice To Haves

Two years of wealth management or law experience.
Experience with core banking, lending, contact center, or related financial systems.
AAPL membership with appropriate certification.

Responsibilities

Negotiate oil and gas contracts in a fiduciary capacity across all major basins.
Initiate setup of new accounts and/or assets through business development with Administrators.
Provide specialty asset management for wealth plans involving oil, gas, and other mineral-related interests.
Manage contracts and leases; monitor drilling activity, royalty and lease bonus income, and property valuations.
Verify production statements against public records, including the Texas Railroad Commission and Texas Comptroller, and track title records.
Coordinate with operations to complete necessary work in the software platform and monitor results.
Prepare internal and external reports and schedules, such as asset reviews and accounting reports.
Assist team members with problems related to wealth or estate matters involving mineral interests.
Communicate with landmen, attorneys, and engineers regarding estate appraisals.
Research, prepare, and execute conveying documents involving mineral interests.
Verify division order decimals for execution, monitor lease expirations, process Ad Valorem Taxes, and perform annual audit reviews for mineral accounts.
Develop relationships with clients and beneficiaries, answer questions, and arrange necessary services.
Research title curative requirements.
Participate in the sales and service culture, support organizational values, and follow established bank policies and procedures.