Wealth Management Solutions, Trusts & Estates Oil & Gas Regional Property Manager, Executive Director

JPMorgan Chase • Dallas, TX

89d

About The Position

The Global Trusts & Estates Practice is an integral part of Wealth Management's product offerings, delivering enduring fiduciary expertise and comprehensive oversight to protect the legacy of our clients. Over the last 160 years, we have been serving the world's wealthiest families as wealth advisor, trustee and investor. We have over 500 fiduciary professionals, located in 19 states and 4 countries, administering over $150 billion in fiduciary assets in the U.S., Europe, Asia and Latin America. J.P. Morgan is one of the few firms to have on staff full teams of professionals experienced in, and dedicated to, estate administration, trust administration, investment management, tax compliance and administration, philanthropy and grant administration, and management of specialty assets. Mineral Asset Management (“Oil & Gas”) is a specialized team within J.P. Morgan's Global Trusts & Estates practice that manages clients' mineral interests as fiduciary for Trust, Agency and Foundation accounts holding oil, gas and minerals. This includes providing land management and oversight of oil and gas assets held in these entities. Each Mineral Property Manager is responsible for overseeing a book of accounts with mineral assets and works closely with fiduciary officers to insure that client related issues are addressed and all aspects of the oil and gas assets are understood as part of the entire relationship. The Regional Mineral Property Manager will manage a team comprised of Mineral Property Managers and Analysts and will also be responsible for his/her own book of accounts. Candidate will oversee all areas of mineral management including but not limited to: negotiating leases; sale of assets; performing surface inspections of working interest properties; performing annual account reviews; analyzing cash flows and well activity to insure proper and timely payment of revenues; monitoring and approving ad valorem taxes to be paid; preparing and presenting client presentations with the trust officers and bankers; attending client meetings with account officers; assisting other bank personnel to market our mineral management services; reviewing and making recommendations to approve or reject new accounts holding oil and gas assets; reviewing and approving WI joint interest billings and authorizing expenses; coordinating and assisting in the closing and transfer of accounts; maintaining pending legal (litigation) and environmental file for risk and reporting purposes; overseeing asset set up and verification of division of interest; and understanding and curing title issues.

Requirements

• 5+ years of experience in a comparable role.
• Minimum 10 years in-house landman experience with an E&P company or mineral management company.
• Bachelor's degree required; advanced degree such as JD or MBA preferred.
• CPL designation required.
• Exceptional ability to serve in a client-facing role.
• Experience managing a team with excellent leadership and staff development skills.
• Strategic thinker who can anticipate issues and drive results.
• Proven ability to develop collaborative relationships with business partners, advisors, and clients.
• Proven ability to deliver operational efficiencies through process improvements.
• Demonstrated understanding of wealth management, trust and estate administration, and/or vendor management preferred.

Responsibilities

• Lead a team of 8 oil & gas professionals.
• Manage a book of accounts.
• Work closely with the Global Head of Mineral Asset Management to ensure high standards of service.
• Collaborate with fiduciary officers to address client-related issues.
• Participate in new business opportunities by partnering with client advisors.
• Oversee mineral management functions including lease negotiations and asset sales.
• Maintain fiduciary risk management processes.
• Coordinate and respond to client inquiries and property servicing needs.
• Work on various internal operational initiatives with the Global Head of Mineral Asset Management.
• Ensure high standards of work product and customer service.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree