Description
Summary:
The Managing Director - Petroleum Engineering will serve as a technical subject matter expert within the bank’s Energy Finance team, providing in-depth engineering, operational, and economic analysis of oil and gas assets. This role supports lending, investment, and risk management decisions by evaluating reserves, production forecasts, capital programs, and operational risks associated with upstream, midstream, and downstream oil and gas projects.
Duties and Responsibilities
- Conduct engineering-based evaluations of client assets, including reserves, production profiles, and development plans.
- Provide technical due diligence for loans, structured finance, and capital markets transactions involving oil and gas companies.
- Assess field development plans, drilling programs, and production strategies to validate borrower projections.
- Analyze economic models (NPV, IRR, payout) using commodity pricing, operating cost assumptions, and development risks.
- Monitor ongoing borrower performance against engineering projections and report variances to credit/risk teams.
- Support portfolio monitoring by updating reserves valuations and technical assessments.
- Collaborate with bankers, credit officers, and risk managers to structure financings that reflect operational realities and risks.
- Participate in client meetings, site visits, and management discussions to gather and validate operational data.
- Stay current on energy industry trends, technology developments, and regulatory changes that impact credit and investment decisions.
- Performs other duties as assigned.
Basic Qualifications
- Bachelor’s Degree
- 10+ years of experience in petroleum engineering, reservoir evaluation, or oil & gas asset management.
Preferred Qualifications
- Strong understanding of reserves classification systems (SEC, PRMS) and engineering evaluation methodologies.
- Proficiency with petroleum engineering software (e.g., Aries, PHDWin, or similar reserves/economics tools).
- Financial acumen, with the ability to translate technical analysis into business and credit implications.
- Excellent communication skills, including the ability to present complex technical findings to non-technical stakeholders.
- Prior experience in reserve-based lending (RBL), energy private equity, or advisory
Exempt Status
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Workplace Type
Office
Our approach to Office Workplace Type: Our in-office and remote work model combines the best of both worlds. Specific work arrangements will be provided by the hiring team.
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
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