Americas
Financial Advisory
Houston
Lazard is one of the world’s leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn and willing to teach to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives — they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward — and for careers to take flight.
Through our financial advisory business, Lazard advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Our client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, we have exceptional depth of expertise across industry sectors and geographies. We value the rich diversity that comes from blending local perspective with our global network.
Vice Presidents play a key leadership role within Lazard’s Power, Energy & Infrastructure (“PEI”) Investment Banking team. Within a group that spans the entire energy and power value chain, with clients ranging from global corporations, financial sponsors, governments and other key stakeholders, this role will largely support advisory and transaction execution for Lazard’s oil and gas and upstream exploration and production clients and is based in Houston, Texas. The successful candidate will leverage deep industry expertise and financial acumen to lead transaction execution, drive business development and manage client relationships. The successful candidate will also mentor and guide junior team members, ensuring the highest standards of quality in work product and supporting professional development.
We’ll trust you to:
- Lead the execution of mergers, acquisitions, divestitures, recapitalizations, restructurings, capital raising and strategic advisory mandates across the PEI universe, with focus allocated to the upstream sector
- Oversee and develop due diligence and financial analyses and modeling for valuation analysis (discounted cash flow, net asset value, trading comparables and precedent transactions), weighted average cost of capital analysis, ability to pay analysis, transactions and company operating model forecasts
- Prepare, create and review client presentations, marketing materials, investment memoranda, client updates and other key transaction documents, as well as summarize and analyze bids and term sheets
- Lead meetings and presentations with client senior executives, and articulate complex financial concepts and strategic recommendations, serving as a trusted advisor
- Identify and address needs of clients with tailored and situation-specific solutions
- Manage deal processes through coordination with cross-functional teams, including technical professionals (engineering, geology and GIS) and legal, accounting and tax advisors to ensure seamless transaction execution
- Manage all facets of execution processes including counterparty outreach, due diligence coordination, transaction agreement facilitation and virtual data room management
- Conduct market and company-specific research to identify emerging trends and insights to support senior leadership in providing strategic advice and in sourcing new business
- Provide guidance and mentorship to Associates and Analysts, supervising and reviewing work product to ensure accuracy and quality
- Support ongoing professional development of Associates and Analysts via constructive feedback
You’ll need to have:
- At least 3 years of investment banking experience in the Power, Energy & Infrastructure sector, with significant experience in oil and gas, and upstream exploration and production
- Bachelor’s degree in Finance, Economics, Engineering, or a related field; MBA/CPA/CFA preferred
- Strong quantitative financial modeling background and analytical skills coupled with deep understanding of operating models, financial statement analysis and valuation methodologies, industry dynamics and a meticulous attention to detail
- Strong client management and presentation skills, with a proven ability to build and maintain strong relationships
- Top performance with comfort operating in an unstructured environment which values initiative, creativity, maturity, and poise
- Demonstrated leadership skills with a “player-coach” approach and a strong motivation to contribute to a positive team culture
- Proven ability to support, manage, and empower junior bankers
- Excellent verbal and written communication skills with the ability to clearly articulate complex concepts and proactively manage a variety of transactions and projects simultaneously
What we offer:
We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.
Does this sound like you?
Apply! We’ll get in touch on the next steps.
Inclusion at Lazard
Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.
Our appreciation of diversity’s strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.
The ongoing cultivation of diversity and an inclusive, equitable culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, color, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential and our collective success.
