About Northern Trust
As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.
Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.
With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
About the Energy & Minerals Management Group:
The Energy & Minerals Management Group (EMM Group) consists of 15 professionals, including certified professional landmen, oil and gas attorneys, and petroleum engineers with over 120 years of collective experience in the oil and gas industry. The team manages over 20,000 oil, gas and mineral interests.
Services that the EMM Group provides to clients include:
Conducting annual performance reviews and investment oversight
Negotiating leases, farmout agreements, gas purchase contracts and related proposals
Proactively mitigating the risks of drilling and production activities
Evaluating the costs and benefits of investment proposals for capital projects
Monitoring working interest expenses and payment of joint interest bills
Performing technical evaluations of drilling and workover proposals
Conducting title research and identification of assets held in trust and agency accounts
Collecting revenue and tracking monthly production income
Reviewing and paying ad valorem taxes
Job Description Summary:
Responsible for the management of special assets held in trusts, estates, and agency accounts. Responsibilities include taking possession of the asset, coordinating its management, evaluating its investment potential, recommending the investment policy, and assisting in or handling its sales where necessary. Assigned assets may include highly sensitive account situations and those requiring a high degree of technical knowledge. Assist Northern partners in the sale process for Specialty Asset fiduciary and/or advisory services while building Northern Trust’s brand and awareness of its Specialty Asset capabilities both internally and externally. Job expectations include demonstrating deep asset knowledge, applying sound fiduciary judgment, leading asset decisions with growing independence, and delivering strong client support and execution.
Major Duties:
Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work.
Coordinates and completes Annual Investment Reviews and valuations, including the formulation of investment recommendations, and determination of whether is a market for an asset.
Responsible for the management of a portfolio of complex assets reviewing critical documents and financial data to ensure when possible that asset is performing acceptably.
Assists in the evaluation and remediation of new assets.
Work with partners, fiduciaries and third parties to make necessary business decisions regarding the asset.
Assists in the collection of information necessary for the ongoing asset management and completion of Annual Investment Reviews and may review Annual Investment Reviews prepared by Analysts and/or Asset Managers where appropriate.
Makes recommendations, receives and reviews appraisals, values assets where necessary. Advises account administrators and clients of activities and issues.
Makes recommendations to the appropriate management committees regarding the suitability of retaining an asset.
Sells or assists in the sales of assets from fiduciary accounts, when appropriate.
Ensures that revenues are collected, expenses are paid, proceeds from sales are properly credited, fees collected, and asset is removed from record or documentation.
Coordinates or assists in the coordination of the execution of all contracts, legal documents and closing documents subject to trust attorney review.
As required, act as manager, officer and/or director of entities when appropriate and approved by senior management when necessary.
Monitors newly assigned assets to assure that they are placed on record and coded/valued appropriately.
Assists with the resolution of audit and regulatory issues as required within agreed timeframes.
Participates in marketing, business development and prospecting activities as needed.
As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level
Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities
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.
Knowledge:
Knowledge of managing complex specialty assets including acquisitions, sales, fiduciary issues usually acquired through related work experience or formal training.
Experience working in the fiduciary/trust mineral management space is considered a plus
Strong understanding of oil and gas law, mineral rights, and title matters
Accounting and financial analysis skills are needed to analyze financial statements, budgets, leases, financing, investment structures and returns. Outstanding communication skills, both written and verbal.
The ability to engage clients and/or prospects, present and sell Specialty Asset Services (Fiduciary and Advisory) as well as the ability to execute and deliver the needed advice providing clear and concise communication throughout the assignment.
Leadership and organizational skills are required to develop periodic goals and manage and motivate Team members.
Requires specialized depth and/or breadth of expertise in own job discipline or field
Experience:
A College or University degree, preferred in Petroleum Land/Energy Management and/or relevant proven work experience is required / preferred. Related Industry qualification is required / preferred. 7-10 years of related professional experience in either the oil and gas industry or asset management experience; legal background a plus
May lead functional teams or projects with moderate resource requirements, risk, and/or complexity 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), JD or other certifications preferred but not required.
Work Authorization
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
Working with Us
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Reasonable Accommodation
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.
Skills Required
- 7-10 years of related professional experience in oil and gas or asset management
- Proficiency with Enverus Drillinginfo and other industry software
- Strong understanding of oil and gas law, mineral rights, and title matters
- Accounting and financial analysis skills to analyze statements, budgets, AFEs, and returns
- Ability to engage clients, present and sell Specialty Asset fiduciary and advisory services
- Leadership and organizational skills to set goals and manage multiple tasks and team members
- College or University degree (preferred in Petroleum Land/Energy Management) or equivalent experience
- Experience in fiduciary/trust mineral management
- Register Professional Landman (RPL), Certified Professional Landman (CPL), JD or other certifications
- Authorized to work in the U.S. without employment-based visa sponsorship
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
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Retirement Support — Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
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Leave & Time Off Breadth — Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
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Healthcare Strength — Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
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