Dallas, TX, 75219, USA
31 days ago
Managing Director, Turnaround & Restructuring
Ankura is a team of excellence founded on innovation and growth. Ankura Turnaround & Restructuring Practice Overview Ankura’s professionals have diverse backgrounds and varied experience including banking, consulting, restructuring, accounting firms and public/private industries. Our professionals are trusted advisors who work collaboratively and in a very measured and expedient way to maximize value for our clients. We are experts known for leading challenging processes and bringing together disparate stakeholder groups. Ankura Turnaround & Restructuring Managing Director Role Overview The Turnaround & Restructuring (T&R) Managing Director role is an experienced senior level position that leads and manages client engagement team(s) through challenging in-and-out of court turnaround and restructuring situations. Responsibilities + Leads the final delivery of analyses developed on engagement(s) + Leads and provides guidance on complex analyses and restructuring alternatives pertinent to the situation at hand + Has a view on various restructuring concepts informed by prior experience and expertise + Understands complex issues with credit agreements and can structure provision and terms to best protect the client + Negotiate waivers, forbearances, amendments and terms to credit agreements + Effectively manages entire project work plan for engagement(s) + Manages the development and presentation of final client deliverables + Determines effective approach / content level based on previous experiences in similar situations + Leads presentations and large meetings with senior clients, other professionals and parties in interest + Maintains day to day relationships between Ankura team and senior client executives + Oversees the quality of engagement(s) and the development of staff Requirements: + Minimum 10 years of relevant restructuring / distressed experience in a professional service or consulting firm environment + Prior hands-on experience building / developing / overseeing integrated 3-statement financial and 13-week cash flow models + An undergraduate degree from a top academic institution + Advanced degree(s) and applicable professional certification(s) are preferred (CFA, CIRA, CPA) + 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 + Expertise defining, influencing and driving change at executive levels and across the broader community of stakeholders + 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 who is adept at handling executive and difficult audiences well including ability to adapt style to audience + Ability and willingness to undertake extensive travel is required + Willingness to work at times, long hours during the week and on weekends due to client demands may be necessary #LI-MJ1 #LI-Hybrid * Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email accommodations@ankura.com or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response. Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers services and end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. The Ankura team consists of more than 2000 professionals serving 3,000+ clients across 55 countries who are leaders in their respective fields and areas of expertise. Collaborative Lateral Thinking That Deliversᵀᴹ, hard-earned experience, expertise, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Valueᵀᴹ. For more information, please visit, ankura.com.
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