Oil and Gas Title Analyst - SAM Associate II

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Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
Manages more complex specialty assets within The Private Bank Group with a full and in-depth understanding of all fiduciary aspects associated within a given segment of specialty assets, i.e., real estate, farm & ranch, timberland, oil & gas, private businesses. Partners closely with Private Bank relationship/client managers in proactive client service and sales activities to generate new business. Also links up closely with a Private Bank market to determine appropriate resources needed within Specialty Asset Management to obtain new business. Provides creative solutions to complex customer/asset needs. May have indirect coaching responsibilities.

Job Responsibilities:

• Reviewing division orders and confirming account ownership interest

• Working with internal departments to set up new accounts, new assets and properties, and new wells

• Working with internal departments to take down assets and wells where appropriate and assist with closing accounts

• Detailed analysis of legal descriptions, gross and net acreage, ownership interest, lease data, production data, and researching internal and external records

• Identifying and setting up well and payer information in order to efficiently process income

• Identifying account and property information on class action settlement checks, shut in payments, and delay rental payments

• Communicating with oil companies and purchasers about change of ownership, discrepancies in ownership interest, improper deductions, and making demands for statutory interest on late payments

• Reviewing escheated items and working with the asset manager to claim the escheated funds from state agencies

• Reviewing JIB statements and confirming ownership interest

• Reviewing check detail on production and revenue to identify and allocate funds appropriately within the Bank's accounting system

Required Qualifications:

• 5+ years oil and gas title experience with experience in the analysis of title documents, oil and gas leases, land contracts, production sharing agreements, operating agreements, and division orders

• Experience with Enverus DrillingInfo/PRISM and other industry software used for title research

• Advanced in Microsoft Office (Excel, PowerPoint, Word, Visio)

• Strong written and verbal communication skills

• Highly organized with the ability to multi-task and handle several ongoing projects at one time

Desired Qualifications:

• Bachelor's degree in related field

• Registered/Certified Professional Landmen (RPL/CPL), Certified Professional Lease and Title Analyst (CPLTA), and/or Certified Mineral Manager (CMM) designation

Skills:

• Collaboration

• Decision Making

• Issue Management

• Prioritization

• Strategic Thinking

• Critical Thinking

• Customer and Client Focus

• Oral Communications

• Project Management

• Written Communications

• Active Listening

• Adaptability

• Analytical Thinking

• Continuous Improvement

• Innovative Thinking

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:
1st shift (United States of America)

Hours Per Week:
40

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