PETROLEUM ENGINEER SR
Union Bank - Houston, TX

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Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $97 billion at December 31, 2012. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 447 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on December 31, 2012. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE: MTU), one of the world's largest financial organizations. Visit www.unionbank.com for more information.

Job Summary:

Responsible for providing technical review of all oil and gas reserve secured credit facilities to ensure that underlying asset value and credit structure adhere to the Bank's Technical Underwriting Parameters.

Major Responsibilities:

Assist lending officers in reviewing requests for new loans. May suggest nature, depth, and timing of further evaluation.

Review consultant engineering reports to determine the reliability of engineering and economic evaluations. Verify the validity of economic assumptions against the Bank's technical guidelines. Adjust engineering analysis and economic parameters as required.

Prepare internal engineering and economic evaluations.

Coordinate the preparation of new engineering evaluation with the customer's engineering staff and their outside consultants.

In conjunction with lending officer, tailor the loan, including the loan amount, term, and required debt service, to fit the engineering projections. Utilize financial experience in assisting lending officers in structuring the credit facility.

Prepare a final engineering and loan summary for loan presentation package.

Advise all concurring officers of the engineering risks associated with the credit. Monitor the collateral performance throughout the term of the credit facility.

Maintain extensive knowledge of market trends, incorporating these trends in helping establish the Bank's economic parameters.

Give technical and financial advice and counsel to energy customers and prospects. Identify potential financing opportunities and participate in developing new business.

Perform related duties as assigned.
      Qualifications
      Typically requires a degree from a four-year college (e.g., B.A., B.S.) and with at least 5 years of technical experience.

      Union Bank is committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. EOE. M/F/D/V.

      Union Bank - 18 months ago - save job - block
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      About this company
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      Union Bank is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial, retail banking...