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Job Description & How to Apply Below
Address:525 8th Ave SW East Tower Job Family Group:
Capital Mrkts Sales & ServiceBMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US $1.1 trillion total assets and approximately 53,000 employees as of October 31, 2025. #BMOCapital Markets The Energy Team in Calgary is currently hiring a Petroleum Engineer for North America. The successful candidate will provide technical expertise, reservoir and asset evaluation, and analytical insights to support transaction execution, client advisory, and investment decision-making across upstream oil & gas assets.
Job Description As the Petroleum Engineer you will play a critical role in bridging technical petroleum engineering expertise with capital markets decision-making, supporting credit adjudication, portfolio risk management, and transaction execution. This role requires a strong understanding of how reservoir performance, development strategy, and commodity assumptions translate into lending risk, valuation, and capital structuring addition to technical evaluations, the Petroleum Engineer will contribute to structuring discussions, client strategy, and portfolio monitoring, providing insights into asset quality, sustainability of production, and capital efficiency across client portfolios.
Operating precisely at the intersection of engineering, finance, and risk, requiring both deep technical expertise and strong commercial acumen, the role aligns well to those seeking a role to leverage their expertise within capital markets.
Key Accountabilities Translate engineering analysis into actionable credit insights, including borrowing base recommendations, covenant considerations, and risk mitigation strategies
Support deal teams in structuring lending facilities by assessing asset quality, decline risk, capital intensity, and commodity exposure
Provide ongoing portfolio surveillance, identifying early warning indicators related to production performance, cost inflation, reserve revisions, or capital program changes
Partner closely with risk management, credit adjudication, and front-office teams to ensure alignment between technical findings and credit decisions
Contribute to syndicated lending processes, interacting with external engineering evaluators, partner banks, and client technical teams
Enhance internal technical models, tools, and processes to improve consistency, efficiency, and defensibility of reserve-based lending evaluations
Deliver clear, concise, and defensible technical opinions in high-stakes forums including credit committees and senior leadership discussions
Support stress testing and scenario analysis (commodity price, cost escalation, production variability) to assess portfolio resilience
Act as a mentor to junior engineers and analysts, contributing to capability building within the Technical Services function
Provide insights into energy transition risks and opportunities, including asset decarbonization, regulatory impacts, and evolving capital allocation trends
QUALIFICATIONS:
12+ years of oil and gas technical engineering experience.
Currently a licensed engineer or technical professional within Canada.
University degree with a focus on Engineering, Geology, Geophysics or similar background.
Prior experience in corporate or investment banking or capital markets experience is considered an asset.
Technical & Engineering Depth Demonstrated expertise in reserves evaluation methodologies, including NI 51-101, and SEC public disclosure rules, and SPEE–COGEH and SPE-PRMS associated reporting standards
Strong experience in decline curve analysis, type curve generation, and probabilistic forecasting techniques
Familiarity with unconventional resource evaluation (tight oil, shale gas, oil sands, SAGD) and associated development considerations
Experience reviewing and challenging third-party reserve evaluations and technical assumptions
Capital Markets & Commercial Acumen Strong understanding of reserve-based lending structures, borrowing base mechanics, and redetermination processes
Ability to connect…
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