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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

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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.