Director, Corporate Development

Job Description

Director, Corporate Development | Devon Energy

The Tone:
This is a full-time role at Devon Energy, likely located in Houston, TX. Devon Energy is an energy company focused on upstream M&A and A&D transactions, committed to innovation and creative problem-solving to address today’s challenges. This role is critical as it leads enterprise-level financial analysis and deal execution within the Corporate Development function, directly influencing the company’s investment decisions and strategic direction. The position offers unmatched opportunities to contribute to positive change and growth.

The TL;DR
• Role: Leadership
• Type: Full-time
• Location: In-person, Houston, TX

• Team: Corporate Development function, partnering with the VP of Corporate Development, Asset Evaluation, Engineering, and Geoscience teams.
• Mission: Lead enterprise-level financial analysis and deal execution for upstream M&A and A&D transactions, building and owning the analytical infrastructure that underpins investment decision-making.
• Tech Stack: Enverus, Bloomberg, FactSet

What You’ll Actually Do
• Financial Modeling: Lead all financial modeling and valuation work for upstream M&A and A&D transactions, developing and refining best-in-class DCF, NAV, and comparable frameworks.
• Infrastructure Management: Establish and govern the team’s financial infrastructure, including transaction and trading comps, and standardized model templates, ensuring analytical consistency.
• Team Leadership: Build, lead, and develop junior finance professionals within Corporate Development, providing modeling guidance, direct deal exposure, and career support.
• Due Diligence: Lead financial due diligence on active transactions, synthesizing technical, commercial, and financial inputs from internal and external sources into investment-ready analysis.
• Executive Presentation: Prepare and present investment committee and Executive Committee materials, including Board-ready analyses, summarizing deal rationale, valuation, and strategic fit to senior leadership.

The Must-Haves
• Background: Bachelor’s Degree in Finance, Economics, Accounting, or a related discipline, with a focus on corporate development and M&A leadership.
• Experience: +10 years of relevant experience in investment banking (upstream energy coverage) or a combination of banking and corporate M&A/A&D experience.
• Skills: Financial Modeling, Mergers & Acquisitions, Valuation, Capital Markets, Due Diligence.
• Bonus: MBA preferred; Houston energy banking experience strongly preferred; prior exposure to domestic upstream transactions is essential; international or new venture transaction experience is a plus.