Bank of America Corporation

Mineral Asset Manager/ SAM Associate III

Bank of America Corporation$90K — $120K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of professional experience in the oil and gas industry
  • Bachelor's degree preferred in Petroleum Land/Energy Management or legal background a plus
  • Strong understanding of oil and gas law, mineral rights, and title matters
  • Experience in fiduciary/trust mineral management is a plus
  • Excellent communication and relationship-building abilities
  • Results-driven, detail-oriented, and motivated self-starter
  • Exceptional organizational skills with multitasking proficiency.

Responsibilities

  • Analyze, monitor, and evaluate portfolios of oil, gas, and mineral assets for performance alignment with client goals
  • Negotiate and manage mineral leases, pooling agreements, and other contracts while ensuring compliance
  • Conduct legal and title research to verify ownership and recover funds
  • Track and monitor royalty payments and ensure accurate financial reporting for clients
  • Audit oil and gas production and ensure compliance with legal standards
  • Oversee property tax payments and provide tax-related documents for client preparation
  • Communicate regularly with clients about industry activity and asset performance
  • Evaluate drilling prospects and mineral management strategies to maximize asset value.

Benefits

  • Access to a wealth management platform with diverse asset portfolios
  • Opportunities for professional development and growth in a specialized field
  • Collaboration with a team of experienced professionals in the oil and gas sector
  • Engaging work environment focused on innovation and client service
  • Strong focus on compliance and ethical management standards.
Full Job Description
Job Description:

This job is responsible for managing the most complex specialty asset portfolios, including farm and ranch land, timberland, real estate, mineral and energy interests, and private businesses. Key responsibilities include overseeing advanced asset strategies, supporting client and prospect meetings, and delivering tailored asset solutions in partnership with private bank teams. Job expectations include demonstrating deep asset knowledge, applying sound fiduciary judgment, leading asset decisions with growing independence, and delivering strong client support and execution.

Responsibilities:

The Mineral Asset Manager is responsible for the comprehensive management of oil, gas and mineral assets held in trusts, estates, and investment management accounts on Bank of America's wealth management platform. This role requires strong negotiation, research, and communication (written and verbal) skills to liaise with clients, oil and gas operators, and other professions. Key responsibilities include:
  • Portfolio management: analyze, monitor, and evaluate a portfolio of oil, gas, and mineral assets to ensure performance aligns with client goals.
  • Lease and contract management: Negotiate mineral leases, pooling agreements, term assignments, and other contracts; oversee compliance with all lease provisions.
  • Legal and title research: Research and verify ownership and title issues, and recover escheated or suspended funds.
  • Revenue and payment processing: Track and monitor royalty payments, shut-in's, delay rentals, lease bonuses, and other oil and gas related income to ensure accurate payments and provide clients with consolidated financial statements. Where applicable, review and approve authority for expenditures (AFEs) joint interest billings (JIBs).
  • Auditing and compliance: Monitor oil and gas production to verify operator payments and ensure compliance with legal requirements. On an annual basis complete detailed analysis and review of each accounts oil and gas holdings.
  • Tax and financial administration: Oversee property tax payments and provide annual reports and other tax-related documents for client tax preparation.
  • Client and stakeholder communication: Provide clients with regular updates on industry activity, asset performance, and strategic recommendations to optimize the oil and gas portfolio.
  • Responsible for negotiating oil and gas leases, and managing the development of oil and gas assets
  • Asset development and risk mitigation: Evaluate drilling prospects and participation, unleased mineral acreage, and other active mineral management strategies to maximize asset value and mitigate risk.


Required Qualifications:
  • 8+ years of professional experience in the oil and gas industry
  • Bachelor's degree preferred in Petroleum Land/Energy Management or legal background a plus
  • Strong understanding of oil and gas law, mineral rights, and title matters
  • Experience working in the fiduciary/trust mineral management space is considered a plus
  • Excellent communication and relationship-building skills to work with clients and industry partners
  • Results driven, detail oriented, and motivated self-starter
  • Exceptional organizational skills and ability to manage multiple tasks.


Desired Qualifications:
  • Proficiency with Enverus Drillinginfo and other standard industry software
  • Register Professional Landman (RPL), Certified Professional Landman (CPL), or other certifications preferred but not required.


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

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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