Associate, Investment Banking (A&D), Energy - BMO Capital Markets

BMO•Calgary, AB

4d•Hybrid

About The Position

Reporting to the Managing Director and Head, A&D Advisory, within the BMO Capital Markets Investment Banking Energy Group, the “Associate, Investment Banking (A&D)” role is responsible for completing, coordinating, and leading detailed financial and technical analysis including the integration of engineering, geological and financial information, and will work on a blend of divestiture, acquisition, and merger mandates. The ideal candidate acknowledges the hybrid nature of energy banking, combining both financial and technical elements of the industry. The successful candidate must be flexible, adaptable, and capable of working in a high pace environment where multitasking different priorities is essential. As an energetic self-starter, you also have exceptional interpersonal/communication skills, enjoy a challenge, and thrive in a team environment. This role provides a combination of deep industry sector expertise, innovative thinking in a team-based approach and world class execution across a full suite of products to clients through an integrated Capital Markets platform using a sector ecosystem approach. Collaborates to generate creative, client-focused solutions to prospective and current clients.

Requirements

Typically between 4 – 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Requirement for an undergraduate degree.
Focal areas of engineering strongly preferred (with consideration given to geoscience related degrees) with high academic achievement and/or energy finance backgrounds.
Direct investment banking relevant experience in A&D, client coverage, negotiating and structuring financial transactions is viewed as a differentiator for this role.
CFA or equivalent is also recognized.
Relevant energy sector experience and business development understanding will be a precursor for success.
History of energy deal execution and/or project management skills - ability to manage more than one workflow and respond to changing deadlines
Direct experience in exploiting and evaluating resource oil and gas plays or experience in heavy oil / thermal operations.
Broad understanding and fluency in the greater North American upstream energy landscape is required to succeed in an energy investment banking environment.
Reservoir technical experience as well as the ability to apply economic evaluation principles including production performance and decline analysis, type curve and inventory analysis, understanding key cost and economic drivers leading to full scale development planning and play commercialization concepts
Significant experience with reserves software (preferably Val Nav, but others considered an asset also).
Advanced experience with Microsoft Excel and PowerPoint and significant experience in building complex financial models is a differentiator.
Skills or familiarity in creating sector specific statistical analysis using analytics packages such as Enverus, Spotfire, etc.
Any programming experience supporting automation and selected data analytics techniques applicable to the energy industry is considered a strong asset, including but not limited to languages such as Python, R, Microsoft VBA, etc.
Experience with automated play forecasting, auto-decline algorithms, and the application of data science into reservoir engineering workflows in the form of multi-variate play analysis and more advanced machine-learning analysis techniques will be considered differentiating, with incremental growth potential to an evolving leadership role within the team in both engineering and data science.

Responsibilities

Operates as key member of the deal team with efforts to maximize sector penetration and returns.
Leadership role in the execution and completion of technical evaluations, economic performance analysis, reservoir and asset descriptions, upside identification and other interpretation related outputs.
Comfort in a high velocity environment with growing business development and project execution responsibilities.
Critical role in coverage material design and marketing document design (teasers, management presentations, etc.).
Opportunity to grow to manage a diverse portfolio of private and middle market companies with progression toward increasing client responsibility.
Conducts due diligence (e.g. client visits, analyzing business models, and comprehensively reviewing industry trends and related regulations).
Collaborates with sector coverage partners for clients and prospects to identify / deliver creative, timely solutions.
Provides deal expertise and prepares/oversees delivery of creative and analytically driven pitch material.
Maintains key ongoing coverage contact with clients and sector stakeholders.
Identifies and leverages key decision makers and influencers in client / internal organizations and is comfortable developing client relationships to deliver the advantages of the firm as a single organization.
Maintains awareness of all firm products and services offered and facilitates means of receiving continuous updates.
Assists in the development of strategic plans and supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Works with investment banking coverage team as needed to support successful deal completion.
Creates and diagnoses financial models to analyze opportunities as dictated by business needs.
Applies appropriate technical concepts and leads consistent and reliable technical and financial analysis to support client deliverables.
Understands the complexity of transactions and related risks (credit, market, operational, legal/compliance, etc.).
Balances the Bank's risk appetite with client needs when making recommendations / proposals.
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
Mentors, reviews and guides work of Analysts.
Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.
Works independently and has an adaptability to handle non-routine situations.