Investment Banking Associate | Oil & Gas
At a glance
Junior Investment & Corporate Development role at Lateral. Houston · full-time · $175,000–$200,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Build and assess financial models, value businesses, and explain historical results alongside projections
- Coordinate commercial diligence and help prepare deal materials, including confidential books and management presentations
- Run the planning and delivery of marketing engagements, including pitch work
- Stay in direct contact with clients, potential clients, advisers, and other deal participants
- Guide junior colleagues while supporting transactions across oil and gas sectors
What you bring
- Three to four years in investment banking, in M&A or an industry group, preferably oil and gas
- A record of closing sell-side M&A deals and a sound grasp of how that process works
- Strong valuation and modeling skills, including NAV, DCF, and LBO work
- A solid academic record, advanced Excel ability, and professional English communication skills
Who this fits
This associate role suits an experienced investment banker who can handle modeling, deal execution, and direct client contact while mentoring junior staff. The role is based in Houston.
From the employer
Business Unit:
Corporate FinanceIndustry:
Oil & Gas

Overview
Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com.

Corporate Finance
Houlihan Lokey has extensive expertise in mergers, acquisitions, divestitures, activist shareholder and takeover defense, and other related advisory services for a broad range of U.S. and international clients. Our experience in M&A has earned us consistent recognition throughout the industry. In 2025, LSEG ranked our firm the No. 1 investment bank for all global M&A transactions.

Oil & Gas
Houlihan Lokey’s Oil & Gas (O&G) Group is a recognized leader in providing a wide range of investment banking advisory services to companies and investors operating in the oil & gas industry.
This dedicated team of financial and technical professionals focuses primarily on large, complex transactions in the oil & gas industry, including across the upstream, midstream, and downstream sectors as well as in molecule-related alternative energies.
The O&G Group is comprised of a global team with dedicated industry bankers in Houston, Dallas, New York, London, Dubai, and Hong Kong and regularly works on cross-border deals. The O&G Group is a cross-product industry vertical.
Responsibilities
As an Associate, you will:
Prepare, analyze, and help explain historical and projected financial information
Create financial models and value companies and businesses
Coordinate and perform business due diligence
Prepare confidential information memoranda, management presentations, and marketing pitches
Lead the planning and execution of marketing engagements
Build relationships and maintain direct contact with clients and prospective clients, professional advisors, and other stakeholders
Supervise and mentor junior staff
Requirements / Qualifications
The environment at Houlihan Lokey is results-driven and entrepreneurial. As such, it rewards top performers with substantial responsibility and interaction with senior-level professionals and clients.
The following qualifications/skills are required:
A strong academic track record
3-4 years of investment banking experience within either an M&A generalist or industry team (preferably Oil & Gas)
A solid understanding of the sell-side M&A process, along with proven experience in successfully closing deals
Fundamental understanding of financial valuation methodologies and applications
Advanced financial modeling and analytical abilities; Strong NAV, DCF, and LBO modeling skills
Strong qualitative and quantitative research skills
Understanding of financial statements analysis with the ability to work through key assumptions, implicit caveats, and limitations
Excellent verbal and written communication skills in English are essential
Advanced knowledge of Excel
Independent thinker and resourceful problem solver
Strong work ethic, organizational skills, and ability to multitask
Motivated and demonstrated ability to work cooperatively with all levels of staff in a rapidly changing, demanding, but ultimately rewarding environment
Ability to work independently in a fast-paced environment
Compensation and Benefits
Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is:

$175,000-$200,000


Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience and the location where this position may be filled.

Houlihan Lokey provides a competitive benefits package. Our current benefits offerings can be found here:
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.