Hybrid Senior Director, Turnaround & Restructuring

at Ankura

• Job title: Senior Director, Turnaround & Restructuring
• Job type: Full Time
• Experience level: Senior
• Salary: $110,000 - $240,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Chicago, United States

About the role

• Senior Director managing restructuring and turnaround initiatives for distressed companies at Ankura. Leading complex analyses, overseeing financial modeling, and providing strategic guidance to clients.

Responsibilities

• Leads the review of and provides guidance on complex analyses
• Facilitates team in the development and understanding of analytical tools including and outside of Excel
• Supervises and manages team working directly with Client to obtain relevant data
• Provides direction on disaggregate complex problems and into simpler parts
• Leads in challenging assumptions and hypotheses generated by early career consultants
• Oversees the review of complex accounting and financial concepts to the situation at hand
• Analyzes risks to existing or proposed covenant packages
• Leads and provides guidance on analyses on different credit products
• Delivers guidance and clearly articulates restructuring concepts and applies to the situation at hand
• Responsible for building fully integrated financial and transaction models from start to finish including supervising all parts of the analysis and drawing preliminary conclusions
• Takes ownership and manages key elements of bankruptcy case management
• Effectively plans engagement workstreams and manages multiple sections of work plan
• Prepares and supervises deliverables including identifying and writing issues and situations at hand for review by senior professional
• Determines an effective approach / content level based on audience in most situations
• Builds lasting relations with clients beyond initial engagement
• Coordinates with team on prioritization plans
• Provides leadership to junior professionals and shapes the work of the team

Requirements

• Minimum 8 years of relevant restructuring / distressed experience in a professional service or consulting firm environment
• An undergraduate degree from a top academic institution
• Advanced degree(s) and applicable professional certification(s) are preferred (CFA, CIRA, CPA)
• Prior hands-on experience building / developing / overseeing integrated 3-statement financial and 13-week cash flow models
• High energy style, flexible and adaptive, with the ability to work well in a very fast paced environment
• Ability to adapt to complex client environments and situations
• Proven track record of effectively planning for and proactively mitigates risks on projects and work streams
• Exceptional negotiation skills with complex/sophisticated situations involving senior level stakeholders
• Able to develop credible recommendations under shortened time constraints and imperfect information
• Quickly recognizes critical areas requiring analysis and review while understanding the big picture
• Experience synthesizing complex unstructured information rapidly and applies good business judgment driving quickly to deep insights into possible impacts and solutions
• Expert written communication skills, self-directed with preparation of client ready document and presentation development
• Articulate, persuasive, communicator able to handle executive and difficult audiences well adjusting style accordingly
• Ability and willingness to undertake extensive travel is required
• Willingness to work long hours during the week and on weekends due to client demands may be necessary

Benefits

• Health insurance
• 401(k) retirement plan
• Flexible working hours
• Paid time off
• Professional development opportunities