Ankura Consulting Group

Managing Director, Turnaround & Restructuring

Ankura Consulting Group$150K — $200K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 10 years of relevant restructuring experience in professional service or consulting environments.
  • Hands-on experience with integrated financial and cash flow models.
  • Undergraduate degree from a prestigious institution required; advanced degrees and certifications (CFA, CIRA, CPA) preferred.
  • Exceptional negotiation skills with senior stakeholders in complex situations.
  • High energy and adaptable, thriving in fast-paced environments.
  • Ability to synthesize complex information rapidly and apply business judgment effectively.
  • Proven track record of proactive risk mitigation on projects.

Responsibilities

  • Lead the final delivery of analyses on client engagements.
  • Guide complex analyses and restructuring alternatives tailored to client situations.
  • Understand credit agreements to structure protective provisions for clients.
  • Negotiate waivers, forbearances, and amendments to credit agreements.
  • Manage work plans for engagements and oversee development of final client deliverables.
  • Lead presentations and large meetings with senior clients and stakeholders.
  • Maintain day-to-day relationships between the Ankura team and senior client executives.

Benefits

  • Opportunities for professional development and certification advancement.
  • Exposure to high-profile projects and senior-level client interactions.
  • Collaborative work environment with diverse teams.
  • Dynamic and fast-paced work culture promoting growth and adaptability.
  • Flexible work location and opportunity for hybrid work arrangements.
Full Job Description
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.

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 withcomplex/sophisticatedsituations 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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About Ankura Consulting Group

Ankura Consulting Group is a management consulting firm founded in 2014 and headquartered in Washington, D.C. The company provides consulting services in the areas of data analytics, investigations, disputes and litigation, risk and compliance, and strategy and performance. Ankura Consulting Group serves clients in the healthcare, financial services, energy, and construction industries, among others. The company has offices in the United States, Europe, and Asia.
Learn more about Ankura Consulting Group
Size
1,000 employees
Industry
Founded
2014

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