Wealth Management Solutions, Trust & Estates Mineral Asset Management Regional Property Manager - VP

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.

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
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