Devon Energy Corporation

Director, Corporate Development

Devon Energy Corporation$150K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Economics, Accounting, or related discipline; MBA preferred.
  • 10+ years of relevant experience in investment banking with upstream energy focus or corporate M&A/A&D experience.
  • Strong preference for candidates with Houston energy banking experience and prior domestic upstream transaction knowledge.
  • Exposure to international or new venture transaction experience is a plus.
  • Proficient in financial modeling, valuation, and due diligence processes.

Responsibilities

  • Lead financial modeling and valuation for upstream M&A and A&D transactions.
  • Establish and govern the financial infrastructure, ensuring consistency and quality of analysis.
  • Develop and mentor junior financial talent within Corporate Development.
  • Conduct financial due diligence, synthesizing technical and financial data for investment analysis.
  • Prepare executive-level presentations for investment and Executive Committees, summarizing deal rationales.
  • Support divestiture processes through data room preparation and bid evaluations.
  • Collaborate with leadership to prioritize analytical resources across the deal pipeline.

Benefits

  • Opportunity to work on high-impact enterprise level financial analysis and deal execution activities.
  • Mentorship and career development support for junior finance professionals.
  • Access to work alongside industry experts in upstream M&A and A&D transactions.
  • Engagement with top investment banks and financial advisors throughout transaction lifecycle.
  • Involvement in strategic deal structuring and execution decisions with senior leadership.
Full Job Description
The Director, Corporate Development is responsible for leading enterprise level financial analysis and deal execution activities within Devon's Corporate Development function. The role serves as the primary financial resource for upstream M&A and A&D transactions, building and owning the analytical infrastructure that underpins investment decision-making across the deal pipeline. The role will build and lead junior financial talent within Corporate Development and partners closely with the VP of Corporate Development on deal structuring, valuation, and execution from initial screening through close. The role interfaces with investment banks, financial advisors, and counterparties throughout the full transaction lifecycle - on both the buy and sell side - and collaborates with Devon's Asset Evaluation, Engineering, and Geoscience teams to integrate technical inputs into financial assessments. • Leads all financial modeling and valuation work across upstream M&A and A&D transactions, including corporate acquisitions, asset-level deals, and select new venture opportunities, developing and maintaining directing the development and refinement of best-in-class DCF, NAV, and comparable company/transaction frameworks. • Establishes and governs the team's financial infrastructure - transaction comps, trading comps, and standardized model templates - setting the standard for analytical consistency and quality across the deal pipeline. • Builds, leads, and develops junior finance professionals within Corporate Development, providing modeling guidance, direct deal exposure, and career development support. • Leads financial due diligence on active transactions, interfacing with internal engineering and geoscience teams, external advisors, and counterparty data rooms to synthesize technical, commercial, and financial inputs into investment-ready analysis. • Prepares investment committee and Executive Committee materials, including executive-level presentations and Board-ready analyses summarizing deal rationale, valuation, risk/return profile, and strategic fit; presents findings directly to Devon's senior leadership. • Supports divestiture processes, including preparation of data room materials, financial summaries, and bid evaluation frameworks, working alongside the VP of Corporate Development and external advisors. • Partners with the VP of Corporate Development to evaluate the deal pipeline, triage opportunities, and prioritize analytical resources across active transactions and strategic initiatives. • Develops and maintains market intelligence on E&P transaction activity, public company valuations, commodity price outlooks, and capital markets trends using platforms including Enverus, Bloomberg, and FactSet; supports partners with the VP of Corporate Development in engagement with the energy banking and advisory community. • Actively participates in and advises on negotiation and structuring of transactions. • Manages multiple workstreams simultaneously, demonstrating the ability to prioritize effectively and deliver rigorous analysis on deal timelines. • Coordinates with counterparts in Asset Evaluation to integrate reserve and resource estimates into financial models and ensure analytical alignment across functions. Education • Bachelor's Degree in Finance, Economics, Accounting, or related discipline required. MBA preferred. Experience • +10 years of relevant experience in investment banking (upstream energy coverage) or a combination of banking and corporate M&A/A&D experience. Houston energy banking experience strongly preferred. Prior exposure to domestic upstream transactions is essential; international or new venture transaction experience is a plus. Competencies • Strategic Thinking • Results Oriented • Stakeholder Relationships • Team Management • Cross-Functional Integration • Executive Influence Skills • Financial Modeling • Mergers & Acquisitions • Valuation • Capital Markets • Due Diligence • Divestiture Management • Investment Analysis • Energy Economics • Risk Analysis

About Devon Energy Corporation

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs).

Devon Energy Corporation Careers

Join the dynamic team at Devon Energy Corporation, a leading name in the energy sector, where innovation, leadership, and a commitment to sustainability drive the way forward. At Devon, we offer a range of job opportunities that allow you to explore your potential and propel your career to new heights. Work You’ll Do At Devon Energy Corporation, you’ll be part of a culture that cherishes diversity, innovation, and leadership. Our team is composed of highly skilled professionals dedicated to advancing the energy industry through smart, sustainable practices. Whether you’re interested in a technical, administrative, or leadership position, Devon provides a platform for professional growth and personal development. Join our market-leading team to help redefine the energy landscape and make a significant impact on a global scale. Lead from a unique position in the marketplace, at the intersection of technology, industry expertise, and digital innovation. Career Opportunities Devon Energy Corporation is not just a company; it’s a place where you can shape your future. Explore job opportunities in various fields, including engineering, geoscience, environmental science, and business management. With Devon, you can go as far as your ambition takes you, thanks to our extensive support in training, development, and certification. Internship Programs Kickstart your career with Devon’s internship programs. Gain invaluable industry experience, develop your skills, and network with professionals. Our internships provide a solid foundation for understanding the core aspects of the energy sector and help you build a robust resume. Innovation and Growth Drive innovation and contribute to growth within an environment that values visionary thinking and a proactive approach to challenges. Devon is committed to employing advanced technologies and practices that lead to efficient and responsible energy production. Benefits and Culture Choose Devon and enjoy a wealth of benefits that go beyond the standard employment package. We offer competitive health benefits, retirement plans, and continuous diversity training to ensure a supportive and inclusive workplace. Our culture is built on mutual respect, collaboration, and a commitment to excellence. Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, creative, and solution-driven team players. At Devon, every team member plays a crucial role in our success. Stay Connected Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Join our community of forward-thinkers who are dedicated to making a difference in the world. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Devon Energy Corporation. Explore the possibilities with Devon Energy Corporation and be part of a team that’s leading the way in energy innovation and sustainability. Your journey to a fulfilling career starts here.
Learn more about Devon Energy Corporation
Size
1,600 employees
Market Cap
$39.7 billion
Industry
Net Income
-$2.6 billion
Founded
1971
5 Year Trend
+3.4%
Revenue
$4.8 billion
NASDAQ

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