Reservoir Engineer, Oil And Gas* Job Details

At Macquarie we offer you the experience and freedom to grow your career whilst making your mark within a highly successful organization. Key to our success is the entrepreneurialism we encourage in all our people. We give you the opportunity to progress your career as quickly as you can demonstrate your ability.

Macquarie's business is structured into six operating groups and four service groups. The Credit department, which sits within Macquarie independent Risk Management Group (RMG), is the custodian of Macquarie Group's balance sheet, working closely and engaging in ongoing dialogue with senior management and deal teams across all business units to identify relevant credit issues. Central to the Credit department's operational model is a collaborative approach with business areas. We build our teams to mirror those of our businesses, often along industry and geographic lines.

The Houston Credit Team primarily supports Macquarie's Energy and Commoditybasedbusinesses. The team oversees and shapes the diligence and risk analysis of transactions across the energy sector where Macquarie has credit exposure and ultimately evaluates and approves all material deals.

The Credit team has an opportunity for an Oil and GasReservoir Engineerto joinour team in Houston. In this role you willbe directly involved in assessing new business transactions (including senior and mezzanine finance, equity investments and derivatives trading) in relation to our upstream energy businesses. You will manage/execute commercial and financial due diligence and work closely with technical advisors and Group executives to achieve efficient and effective processing of transactions in a high deal flow environment.

You will be responsible for:

Have direct involvement in the assessment of new and reviewing existing business transactions (including senior and mezzanine, project and corporate finance, equity investments and derivatives trading)

• Work independently to complete credit analysis of oil and gas counter parties, corporate clients, and producers to determine appropriate exposure limits by completing technical and commercial due diligence
• Engineering responsibilities include utilization of Phdwin and Aries software to forecast reserves, analysis of operating expenses and capital budgets, evaluation of third party reserve reports, assessment of reasonableness of production forecasts based on available data (may include production data, well logs, maps, seismic (in house geologist reviews, etc), formulation of downside reserves case, review of existing and/or proposed operations including environmental issues, assessment of development programs and associated economics, estimation of reasonable hedge volumes, and calculation of appropriate differentials
• Commercial responsibilities include reviewing agreements, terms of loans, gas/oil marketing agreements, corporate and organizational structure, market and operational aspects (including pricing, relevant contracts, due diligence of financial model), working with legal group on credit agreement and associated documents
• Manage and execute due diligence, including financial outcomes of technical due diligence, commercial risk, industry analysis, country risk, financial risk and other counterparty-related risk
• Partner with businesses on transactions, working closely with the deal team to problem solve and structure to achieve efficient and effective processing of transactions in a high deal flow environment
• Manage and provide professional on the job training to junior engineers/analysts
• Communicate technical and commercial analysis to approvers and senior management

To be successful in this role you will have:

• Strong academic credentials including tertiary qualifications in Petroleum Engineering (additional financial qualifications such as an MBA would be advantageous)
• More than 7 years sound technical reservoir engineeringexperience gained from the oil and gas industry
• Previous experience in assessing credit risk associated with oil and gas project finance and derivatives transactions would be advantageous
• Well developed analytical skills, attention to detail, sound judgement and a well developed sense of materiality
• Financial modelling experience
• Sound written and oral communication skills
• Good relationship and persuasion skills
• Experience with reviewing acquisition / lending / project documents

This outstanding opportunity would ideally suit a commercially focusedreservoir engineer who is seeking to build on their strongreservoir engineering skills and gain exposure and take an active lead in the reviewing the commercial aspects of Macquarie's oiland gas financing and derivatives businesses. The ideal candidate is someone who is seeking the opportunity to play a high profile role in the evaluation of upstream energy exposures within Macquarie.

Macquarie is an equal opportunityemployer (M/F/D/V).

*LI-PK1

Advertised: 21 Jan 2013 Central Standard Time