Investment Banking Associate - Energy (Houston, TX)

Job Description Summary The Energy Investment Banking team is seeking an Associate to support the execution of merger and acquisition, capital markets, and strategic advisory assignments for clients across the energy sector. Associates work closely with senior bankers and clients, playing a key role in transaction execution while developing strong financial, analytical, and sector expertise. This position offers meaningful responsibility, exposure to senior decision-makers, and opportunities for professional growth within a collaborative team environment. Job Description Responsibilities Support transaction execution across M&A, equity, and debt advisory assignments from initial analysis through closing Develop and review financial models, including operating models, valuation analyses (DCF, comparable companies, precedent transactions), and transaction-related analyses Prepare high-quality client materials, including pitch books, confidential information memoranda (CIMs), management presentations, and board-level materials Perform company-specific, industry, and market research across energy subsectors such as upstream, midstream, power, renewables, and energy services Coordinate and manage transaction processes, including due diligence activities and interaction with clients, investors, legal counsel, accountants, and other advisors Review and oversee analysts’ work product, providing guidance, feedback, and quality control Assist senior bankers with business development efforts and ongoing client relationship management Qualifications Bachelor’s degree required; MBA or other advanced degree preferred 2–4 years of relevant experience in investment banking, corporate finance, or a related field; energy sector experience preferred Strong financial modeling, valuation, and analytical capabilities Proficiency in Microsoft Excel, PowerPoint, and relevant financial databases Ability to manage multiple priorities in a deadline-driven environment Strong written and verbal communication skills High level of professionalism, attention to detail, and commitment to teamwork Preferred Experience Prior experience in energy investment banking, energy-focused private equity, commercial or investment banking, or corporate development Familiarity with energy-specific financial and operating metrics Experience supporting M&A transactions Our Culture Raymond James offers a client-first culture that values integrity, collaboration, and long-term relationships. Associates are encouraged to take ownership of their work, contribute ideas, and build lasting relationships with colleagues and clients while developing their careers in a supportive environment. Education Bachelor’s: Accounting (Required), Bachelor’s: Business Administration (Required), Bachelor’s: Finance (Required) Work Experience General Experience - 3 to 6 years Certifications Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA) Travel Less than 25% Workstyle Resident At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to: • Grow professionally and inspire others to do the same • Work with and through others to achieve desired outcomes • Make prompt, pragmatic choices and act with the client in mind • Take ownership and hold themselves and others accountable for delivering results that matter • Contribute to the continuous evolution of the firm At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, rather than on Wall Street, we have always embraced being a different kind of financial services firm. Today, Raymond James has locations and subsidiaries across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF. Thanks for your interest in working with Raymond James. While we might not have the perfect role for you today, we'd love to keep in touch. Join our Talent Network to stay up to date on career opportunities that may be a good fit for you. Our business is deeply focused on people and their financial well-being. We're committed to helping individuals, corporations and institutions achieve their goals, while also supporting successful professionals and helping our communities prosper. We believe doing well and doing good aren't mutually exclusive. As an established but ever-evolving company, you can start – or continue – growing your career here. We invest in you with wide-ranging benefits and the support of leaders and colleagues who care. From development opportunities and enriching networking groups to prioritizing diversity, inclusion and the power of different perspectives, Raymond James is where good people grow. Our people-first culture is outlined in our Culture Blueprint. Check it out to see why many choose to work at Raymond James – and why they stay.