Senior Managing Director, Turnaround & Restructuring

Ankura; Dallas (TX); On-site; USD 400,000 - 900,000; Full time

Job summary

Ankura is seeking a Senior Managing Director in the Turnaround & Restructuring practice to lead and win high-value engagements. The role requires a proven rainmaker with deep market relationships and a strong personal brand in restructuring and turnaround advisory.

You will drive revenue growth, guide client strategy, and oversee multi-engagement programs. The successful candidate will manage complex client relationships, set strategic directions, and mentor teams while delivering results in a

Qualifications

• 20+ years of restructuring/distressed experience.
• 10+ years in professional services.
• Commercial leadership with revenue growth impact.
• Proven track record generating $3–$5M annually and billing $900+/hour.
• Strong personal brand with extensive senior relationships.

Responsibilities

• Initiates and oversees engagements that generate $3–$5M annually.
• Guides analytics approach and methodologies for clients.
• Sets expectations with clients and stakeholders.
• Manages multiple complex initiatives and risk reviews.
• Leads client conversations and reports for external audiences.
• Develops and executes key account plans with teams.

Skills

Business development

Leadership

Restructuring expertise

Client relationship management

Negotiation

Financial modeling

Executive communication

Education

Bachelor's degree; advanced degrees preferred

CFA

CPA

CIRA

Tools

3-statement financial modeling

13-week cash flow modeling

Job description

Chicago, IL

Nashville, TN

California

North Carolina

Houston, TX

Texas

Arizona

Dallas, TX

Pennsylvania

New York, NY

Full time

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 Senior Managing Director Role Overview

The Turnaround & Restructuring (T&R) Senior Managing Director role is an executive level position that sells, leads and manages complex restructuring client engagement(s). The successful candidate will be a "person of stature" and self-sustaining rainmaker who generates $3 - $5 million+ annually and may personally bill in the $900+ / hour range. The candidate will possess a strong personal brand within Restructuring & Turnaround advisory and deep market-making relationships across the relevant law firms, investment banks, corporates etc. resulting in a robust flow of inbound calls and bookings. The candidate will be a hands-on, passionate consulting executive who will work with team members in developing and executing on key account plans, nurturing executive level client relationships of the most strategic accounts, and achieving revenue targets. The successful candidate must be a commercial leader able to drive revenue growth and capture market share.

Responsibilities

• Initiates and converts business opportunities and collaborates with other Senior Managing Directors to sell and deliver engagements that generate $3 - $5 million+ annually
• Provides guidance to the Ankura team and Client regarding analytical approach and methodologies
• Sets expectations with client and other constituencies related to analytical capabilities
• Manages multiple complex initiatives and analyzes the outlook of restructuring concepts and agreements
• Acts as a key facilitator of the restructuring process with various constituencies
• Oversees work across multiple engagements
• Effectively works with client and engagement team to set expectations regarding timelines which satisfy client needs and are achievable with the resources available to the engagement team
• Engages with key constituencies as part of drafting report to ensure approach is consistent with external expectations
• Provide guidance to team(s) as to overall communication strategy, argument structure, and key messaging
• Establishes and maintains relationship with most senior client executives
• Provides engagement leadership to Ankura team and Client

Requirements:

• Minimum 20+ years of relevant restructuring / distressed experience
• Minimum 10+ years of professional services experience
• The successful candidate must be a commercial leader able to drive revenue growth and capture market share
• A successful track record of generating $3 - $5 million+ annually and personally billing in the $900+ / hour range
• The candidate will possess a strong personal brand within Restructuring & Turnaround advisory and deep market-making relationships across the relevant law firms, investment banks, corporates etc. resulting in a robust flow of inbound calls and bookings
• An undergraduate degree from a top academic institution; advanced degree(s) and applicable professional certification(s) are preferred (CFA, CIRA, CPA)
• Expertise defining, influencing and driving change at executive levels and across the broader community of stakeholders
• Exceptional negotiation skills with complex/sophisticated situations involving executive and board level stakeholders
• Able to develop credible recommendations under shortened time constraints and imperfect information
• 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 mitigating risks on engagements
• Prior hands-on experience building / developing / overseeing integrated 3-statement financial and 13-week cash flow models
• 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

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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 [e-mail] 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 Delivers, hard-earned experience, expertise, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Value. For more information, please visit, ankura.com.