Petroleum Engineer
Citi - Houston, TX

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Brief Description of the Organization
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.
Petroleum Engineer - 13035727
Description
Support the credit risk requirements of Citi”s expanding oil and gas corporate and commodities business. The business is expanding the product coverage necessitating increased resources by Risk Management/Business Unit to support this activity.
• Provide technical support in the analysis of oil and gas properties and occasionally mid stream projects.
• Valuations will be used in making decisions involving debt, equity, and combinations of both.
• Critical auditing of independent third party evaluations, in all key areas of technical due diligence.
• Audit will include reserve estimates, volume forecasts, expenses, cost estimates and all other economic assumptions.
• Analysis of technical risks associated with the investment of the bank’s capital.
• Monitoring of physical performance through variance analysis of actual versus forecast and its potential effects on financial performance.
• Interface with clients and business leaders for market trends.
• Proactive identification of deterioration in client’s risk profile to protect Citi’s interest.
• Develop framework or standards for timely turnaround of client and business requests
Qualifications
• Knowledge of the production and drilling process with emphasis on reservoir engineering and economic valuation.
• Understanding of US reserve analysis methodologies and relationships between geographies.
• Experience reviewing complex geologies making sound judgments in a fluid environment.
• Conducted on site due diligence with third party consultants and clients.
• Knowledge of hydrocarbon reserve valuation and associated technical tools.
• Proficient in Microsoft Word and Excel or other word processing and spreadsheet packages.
• Proficient in third party software needed to perform required analysis.
• Bachelor’s or Master’s degree in Petroleum, Chemical, or Geological Engineering preferred.
• 10+ year’s of direct exploration and production of oil and gas industry or related experience, preferably with some years in a smaller E&P firm where a wider scope of the industry is gained.
• An MBA or formal Credit Training is a plus.
• Proficient in Microsoft Word and Excel or other word processing and spreadsheet packages.
• Proficient in third party software needed to perform required analysis.
• Strong technical skills with ability or keen interest in credit skills.
• Good communication skills.
• Ability to work on a team.
• Have the ability to multi-task in a fast paced environment.
• Knowledge of the Energy Industry in multiple geographies.
• Attention to detail, analytical, and ability to work under short time constraints.
Primary Location : NAM-USA-TX-Houston

Schedule : Full-time
Education Level : Bachelor's Degree
Shift : Day Job
Employee Status : Regular
Travel : No

Office Location / Address : 811 Main Street, Houston, TX

About this company
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Citi is today's pre-eminent financial services company and was built to create a highly diversified financial services company that could...