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.
Job Summary:
The Regional Mineral Property Manager will manage a team of 5 comprised of Mineral Property Managers and Analysts and will also be responsible for his/her own book of accounts. You 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.
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Responsibilities:
- Work closely with the Global Head of Mineral Asset Management to ensure the business serves clients and internal advisors to a consistently high standard
- Work closely with fiduciary officers to insure client related issues are addressed and all aspects of the mineral assets are understood as part of the entire relationship
- Participates actively in new business opportunities by partnering with client advisors and engaging with clients and prospects
- Leads a team of professionals and is responsible for talent management including development
- Maintain appropriate fiduciary risk management processes with the appropriate level of review and oversight
- Manage a team responsible for asset-related client service, including coordinating and responding to client inquiries, requests and property servicing needs
- Work with Global Head of Mineral Asset Management on various internal operational initiatives
- Oversee mineral management functions and processes, including lease negotiations, sale of assets, inspections and valuation of properties, annual reviews, and payment of ad valorem taxes
- Works in tandem with other Regional Property Managers to maintain a high standard of work product and customer service
Required Skills & Qualifications
- 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
- CPL designation required
- Exceptional ability to serve in a "client-facing" role, including initial prospect meetings and day-to-day client service, advice and execution
- Experience managing a team, including 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, fostering partnerships quickly across multiple disciplines and functions
- Proven ability to deliver operational efficiencies through process improvements with a view to mitigating operational risk, optimizing productivity and delivering "best in class" client service
Preferred Skills & Qualifications
- Advanced degree such as JD or MBA
- Demonstrated understanding of wealth management, trust and estate administration, and/or vendor management
ABOUT US
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.