Energy Corporate Banking - Analyst III (Upstream/E&P)The Energy Corporate Banking Analyst III is a senior analytical contributor responsible for delivering high-quality financial modeling, underwriting support, and execution deliverables within the firm's Upstream (E&P) coverage vertical. The Analyst III works closely with Associates, Vice Presidents, and Senior Coverage Bankers to support the origination, structuring, and execution of financing and strategic solutions for public and private E&P companies, including mineral and royalty, operated, and non-operated working interest clients.
This role requires strong technical skills, attention to detail, and the ability to manage multiple workstreams in a fast-paced environment. The Analyst III will gain increasing exposure to clients and play a key execution role across reserve-based lending (RBL) facilities, corporate credit transactions, advisory support, and capital markets activities.
We are seeking candidates who are committed to a long-term career in banking and demonstrate analytical rigor, intellectual curiosity, and a strong team-oriented mindset.
Key ResponsibilitiesClient Coverage & Sector Support- Prepare presentation materials for client meetings, prospect discussions, internal committees, and capital markets interactions.
- Maintain working knowledge of covered clients' operating strategies, reserve profiles, capex programs, breakeven economics, and key financial/credit metrics.
- Support senior bankers as they develop tailored financing and strategic ideas across RBLs, term loans, acquisition financings, hedging strategies, and capital markets alternatives.
- Assist in tracking sector-specific developments, commodity price trends, and comparable company/transaction data to support idea generation and business development.
Transaction Execution & Underwriting- Serve as a core execution resource for active transactions, assisting in diligence coordination, financial modeling, internal/external materials, and documentation review.
- Build and maintain engineering-based cash-flow models, borrowing base models, corporate credit models, comparable benchmarking analyses, valuation tools, and portfolio monitoring models.
- Support the diligence of RBLs and upstream corporate credit facilities through preparation approval materials, financial analysis, sensitivity cases, covenant assessments, and general trend review and interpretation.
- Aid in the review of engineering evaluations (production forecasts, type curves, PDP/PUD distributions, sensitivity scenarios) and summarize key findings for Associates and senior bankers.
- Prepare diligence requests, manage data rooms, and support preparations for management presentations, lender meetings, and internal approval committees.
- Contribute to ongoing portfolio monitoring, including covenant tracking, borrowing base variance analysis, performance trends, and periodic internal reviews.
Internal Collaboration- Work closely with risk, petroleum engineering, capital markets, syndications, treasury, and sales & trading teams to ensure coordinated and efficient transaction execution.
- Participate in internal workstreams such as market updates, model enhancements, and maintenance of internal databases and tools.
- Serve as a resource for junior analysts, providing informal guidance on modeling, analysis, and presentation best practices.
QualificationsRequired- Bachelor's degree in Finance, Accounting, Economics, Energy Commerce, Engineering, or a related discipline.
- 2.5-3.5 years of relevant experience in Corporate Banking, Energy Investment Banking, Leveraged Finance, or Private Credit.
- Solid understanding of upstream/E&P credit fundamentals-including cash flow forecasting, leverage metrics, covenant structures, and borrowing base mechanics.
- Strong proficiency in financial modeling (DCF, comparable analysis, borrowing base modeling, A&D analysis) and other Excel-based analytics.
- Excellent analytical and problem-solving skills with the ability to synthesize complex technical and financial information.
- Very strong communication, writing, and presentation skills with the ability to work effectively in a team-oriented, deadline-driven environment.
- Deep working knowledge of Microsoft Excel, PowerPoint, and Outlook; familiarity with Salesforce or similar CRM tools.
Preferred- Prior experience supporting energy-sector transactions, including acquisition finance (particularly RBL underwriting), upstream credit analysis, and/or private credit.
- Exposure to petroleum engineering concepts, reserves analysis, and direct interactions with engineering staff.
- Familiarity with commodity hedging strategies, derivatives, and commodity price market fundamentals.
- Formal Excel / financial modeling coursework or equivalent practical experience
- FINRA SIE, Series 79, and Series 63
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.
