Position Description

Associate
Location Aberdeen
Business Area Investment Banking
Employment Type Full Time
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Simmons Energy - A Division of Piper Jaffray

Simmons was an independent investment bank for over 40 years and was acquired by Piper Jaffray companies in early 2016.  Simmons has built a lasting reputation for specialising in the entire spectrum of the energy industry and continues to do so as the energy-specific branch of a larger firm.  Simmons has acted as financial advisor in over $166 billion transactions, including 592 merger and acquisitions worth nearly $100 billion.  Simmons has a large equity research team with coverage of approximately 130 public energy companies in the integrated oil, E&P, coal, power and alternative energy sectors.  Simmons has served as co-manager on over $62 billion in public debt and equity offerings.  The firm's clients range from small, privately held companies to multi-billion dollar public entities.  Consistent with its specialised approach, Simmons recruits high calibre individuals with the goal of offering a rewarding career to its employees.

We are currently looking to add an experienced Investment Banking Associate with prior industry experience to our Energy Investment Banking team in Aberdeen.

Investment Banking Associate:

Overall Objective/Purpose:

  • To provide support to the Vice Presidents and Directors/Managing Directors in the execution of corporate finance projects including company/business acquisitions, disposals, mergers and financings

  • To identify potential new transaction opportunities within the oil & gas M&A market

  • To act as project liaison for all parties to the project

Specific Responsibilities:

  • Develop and agree (with relevant Director/Managing Director) overall strategy for project including objectives, timetable and manpower levels

  • Draft information packs for parties for each project

  • Prepare or review valuation analysis including comparable company, comparable transaction and DCF analysis

  • Draft detailed information memoranda, valuations, market analyses, management presentations and other transaction documents

  • Process detailed financial models and projections

  • Manage the marketing effort on sale side deals including marketing calls, issuing of teasers, confidentiality agreements and memos

  • Co-ordinate the commercial, market, financial, tax and other due diligence processes on buy side and sale side transactions

  • Produce accurate and appropriate reports on deal progress for all parties

  • Manage relationships with clients and counterparties through regular attendance at meetings and through telephone and email communication

  • Assist in the review all legal documentation (in liaison with relevant parties) ie, sale and purchase agreements, shareholders agreements, disclosure letters and financing agreements

  • Manage Analysts and Senior Analysts

  • To develop client relationships through the organisation and/or attendance of dinners, social events, etc

Other Responsibilities:

Compliance

  • Ensure all controls and procedures are implemented to maintain compliance with all regulatory requirements of the FCA

  • Communicate any relevant regulatory requirements to all parties of the project

Risk Management

  • Identify potential areas of difficulty and suggest solutions to avoid the failure of projects with consequent loss of revenue

  • Manage time and resource input to mitigate such event

Employees

  • Supervise and appraise subordinate staff
  • Support and improve personal development by delegating work and encouraging exposure to new areas of experience

  • Act as a mentor to subordinate staff by offering guidance and feedback when required

  • Involve and encourage input from staff in project meetings

 

Competencies:

 

Technical

  • Understanding of project related legal documentation and processes, ie, sale and purchase agreements, shareholders agreements, financing agreements, etc

  • Experience in drafting proposals relating to business acquisitions and disposals, projections, investment memoranda, shareholder proposals, financial modelling and valuations

  • Experience in the commercial, market, financial, tax and other due diligence processes

  • Knowledge and experience of general accounting procedures and practices

  • Knowledge of the oil and gas market, industry dynamics, competition and other relevant considerations such as technological developments and social, political and economic factors

Managerial

  • Effective communication and co-ordination skills

  • Effective delegation skills

  • Ability to work in team environment

  • Effective project/task management skills

  • Ability to manage several projects simultaneously

The application deadline is Friday 16th November 2018.

 

 

 

 

 

 

 

 

 

 

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