Mineral Asset Manager/ SAM Associate III
Company: Bank of America
Location: Dallas
Posted on: April 1, 2026
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Job Description:
Job Description: At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. We do this by driving Responsible Growth and
delivering for our clients, teammates, communities and shareholders
every day. Being a Great Place to Work is core to how we drive
Responsible Growth. This includes our commitment to being an
inclusive workplace, attracting and developing exceptional talent,
supporting our teammates’ physical, emotional, and financial
wellness, recognizing and rewarding performance, and how we make an
impact in the communities we serve. Bank of America is committed to
an in-office culture with specific requirements for office-based
attendance and which allows for an appropriate level of flexibility
for our teammates and businesses based on role-specific
considerations. At Bank of America, you can build a successful
career with opportunities to learn, grow, and make an impact. Join
us! Job Description: Manages most advanced & complex portfolio
within a given segment of specialty assets, i.e., the real estate,
oil & gas, farm & ranch, timberland and private businesses group.
Partners closely with Private Bank relationship/client managers -
provides creative solutions to complex customer/asset needs.
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 required,
preferably in 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
Keywords: Bank of America, Allen , Mineral Asset Manager/ SAM Associate III, Accounting, Auditing , Dallas, Texas