Investment Banking Analyst - Energy & Infrastructure

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. Following our acquisition by U.S. Bancorp in 2026, we combine BTIG’s high-touch, client-first approach with the scale and stability of the nation’s fifth largest commercial bank. We take pride in attracting the best and brightest individuals from diverse backgrounds and mindsets, and we continue to foster a culture where entrepreneurial spirit thrives—now supported by the resources and long-term commitment of U.S. Bancorp.

Job Description

BTIG seeks a highly motivated and high‑performing Investment Banking Analyst to join the Energy &Infrastructure team based in Texas (Dallas or Houston). The Analyst will play a critical role in supporting senior bankers across a variety of domestic and international corporate finance transactions. These include sell-side and buy-side mergers and acquisitions (M&A), public and private equity and debt capital raises, and strategic advisory assignments.

The ideal candidate will possess a strong financial background, exceptional analytical skills, and a keen interest in the broader energy and infrastructure landscape, including the upstream, midstream, downstream, and oilfield services (OFS) sub-sectors.

Duties & Responsibilities:

• Build, maintain, and analyze complex financial models, including discounted cash flow (DCF), net asset value (NAV) for E&P companies, leveraged buyouts (LBO), accretion/dilution, and comparable company/precedent transaction analyses.
• Assist in the day-to-day execution of M&A and capital markets transactions, coordinating closely with internal teams, legal counsel, and clients.
• Prepare comprehensive marketing materials, including pitch books, confidential information memoranda (CIMs), management presentations, and board materials.
• Conduct in-depth research and strategic analysis on domestic and international energy markets. Monitor commodity price trends, regulatory changes, macro-economic drivers, and competitive landscapes across various sub-sectors.
• Manage data rooms and coordinate the due diligence process for active transactions, including the detailed review of technical and financial documents.
• Communicate effectively with senior bankers, clients, lawyers, accountants, and other advisors. Participate in client meetings and calls, providing analytical support and taking detailed notes for strategic follow-ups.

Requirements & Qualifications:

• Bachelor’s or Master’s degree in Finance, Economics, Accounting, Business, Engineering, or a related quantitative discipline with a strong academic track record.
• 1–2 years of experience in Investment Banking, M&A, Corporate Development, Private Equity, or a closely related transaction advisory field. Prior exposure to the Energy, Infrastructure, or Oil & Gas sectors is highly preferred.
• Strong understanding of corporate finance and M&A processes. Familiarity with oil and gas specific valuation metrics (e.g., EV/EBITDAX, $/flowing barrel, reserve life, NAV) is a strong plus.
• Exceptional proficiency in Microsoft Excel and PowerPoint. Experience with financial data platforms (e.g., Bloomberg, FactSet, CapIQ) and industry-specific tools (e.g., Enverus) is advantageous.
• Outstanding analytical and problem-solving abilities with high attention to detail. Excellent written and verbal communication skills.
• Ability to work independently and collaboratively within a lean deal team structure. Must be able to manage multiple workstreams and projects simultaneously under tight deadlines in a fast-paced, high-pressure environment.
• SIE, Series 79, and Series 63 licenses are preferred, or the candidate must have the ability to obtain them shortly after joining.

Compensation:

• Salary range is based on a variety of factors including, but not limited to, location, years of applicable experience, skills, qualifications, licensure and certifications, and other business and organization needs.
• The current estimated base salary range for this role is $90,000.00 - $150,000.00 per year. Please note that certain positions are eligible for additional forms of compensation such as discretionary bonus or overtime. 

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.