CIBC US · 1 day ago
Director, Petroleum Engineer
Houston, TX
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expCIBC is a relationship-oriented bank for the modern world, seeking talented professionals dedicated to client success. The Director of Petroleum Engineering will analyze and assess third-party reserve reports and other data to determine the collateral value of oil and natural gas assets, supporting Reserve Based Loans while ensuring compliance with lending guidelines.
BankingFinancial Services
Responsibilities
Evaluate corporate reserve reports with a view to establishing an independent lending value that is in adherence to CIBC’s lending guidelines, independently of the loan production and credit approval functions
Assess the quality of the client’s, or prospective client’s) asset quality, experience and competence of a their technical team, and the reasonableness of their business strategy
Utilize industry software (e.g. Aries) to confirm client reserve assessments
Review the technical and economic input parameters to the client reserve report to ensure compliance to historical data
Deliver corporate cash flow projections using CIBC’s standard templates incorporating economic assumptions such as production forecasts, reserves, commodity prices, operating costs, and discount rate
Prepare evaluations for credit applications that contain an independent assessment of an appropriate lending value, and the risks and merits of the client and their asset portfolio
Provide input for CIBC’s price forecasts for oil and natural gas at least semi-annually or as market conditions dictate
Compile semi-annual portfolio analysis
Other ad hoc responsibilities:
Support US Corporate Solutions Group with commodity derivative (hedging) analysis
Provide input and analysis to Institutional Structuring and Securitization Group for deals supported by oil and natural gas collateral
Qualification
Required
10+ years of domestic oil and natural gas evaluation experience, preferably with a financial institution, exploration & production company or engineering consulting firm
Expertise in economic evaluations of exploration, development and exploitation properties
Familiarity with major resource plays in the United States
Excellent oral and written communication skills
Strong leadership skills and an ability to manage a team
Excellent research skills and analytical capabilities
Strong relationship management and interpersonal skills
Superior time management skills, with ability to effectively prioritize
Successful candidates must exhibit CIBC's values of trust, teamwork, and accountability
Benefits
Medical
Dental
Vision
Health Savings Account
Life Insurance
Disability
Other Insurance Plans
Paid Time Off (including Sick Leave, Parental Leave, and Vacation)
Holidays
401(k)
Company
CIBC US
CIBC US provides tailored commercial and personal banking services, private banking, wealth management and small business financial solutions.
1001-5000 employees
H1B Sponsorship
CIBC US has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (35)
2024 (42)
2023 (29)
2022 (11)
2021 (77)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
Brant Ahrens
Chief Administrative Officer
Recent News
2025-07-25
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