Mineral Asset Manager/ SAM Associate III

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. Key Responsibilities 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 account’s 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 in Petroleum Land/Energy Management or related field; 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. Proficiency with Enverus Drillinginfo and other standard industry software. Register Professional Landman (RPL), Certified Professional Landman (CPL), or other certifications preferred but not required. Desired Qualifications 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 Bachelor’s Degree or equivalent. Shift & Hours Shift: 1st shift (United States of America) Hours per week: 40 #J-18808-Ljbffr Dormont Manufacturing Co