Director, Credit Workout & Restructuring — Hybrid NY

Bruin; New York (NY); Hybrid; USD 180,000 - 280,000; Full time

Job summary

Bruin, a global banking group, seeks a senior workout and restructuring professional to manage US credit exposures, oversee performing credits and lead restructuring strategies for stressed borrowers. The role combines bank risk and portfolio management with specialist US restructuring, including Chapter 11, in close collaboration with a UK-based team.

Based in New York with a hybrid arrangement (typically 3 days in the office), you will drive credit analysis, negotiate with stakeholders and

Qualifications

• Significant bank-side experience in credit workout and distressed lending.
• Strong knowledge of US restructuring processes, including Chapter 11 and insolvency frameworks.
• Proven credit analysis, financial assessment and recovery strategy experience.
• Experience negotiating with borrowers, creditors and external advisers in complex situations.

Responsibilities

• Manage and monitor US corporate and institutional credit exposures, identifying emerging risks and potential deterioration.
• Develop and execute workout, restructuring and recovery strategies to protect the Bank's position and maximise recoveries.
• Represent the Bank in creditor groups, lender syndicates and restructuring negotiations.
• Conduct detailed financial and credit analysis, assess recovery scenarios and contribute to impairment discussions.
• Work closely with UK-based colleagues, borrowers, legal counsel, financial advisers and other lenders.

Skills

Credit workout

Restructuring

Special assets

distressed lending

Chapter 11

Credit analysis

Recovery strategy

Negotiation

Stakeholder management

Leadership

Job description

Bruin, a global banking group, seeks a senior workout and restructuring professional to manage US credit exposures, oversee performing credits and lead restructuring strategies for stressed borrowers. The role combines bank risk and portfolio management with specialist US restructuring, including Chapter 11, in close collaboration with a UK-based team.

Based in New York with a hybrid arrangement (typically 3 days in the office), you will drive credit analysis, negotiate with stakeholders and