at AlixPartners in Chicago, Illinois, United States
Job Description
At AlixPartners, we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honoring the needs of our employees, clients, and communities, AlixPartners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices. We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone.
AlixPartners has embraced a hybrid work model to provide flexibility and support our employees' work-life integration. Our hybrid model combines a mix of in-person (at client site or AlixPartners office) and remote working. Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.
Our seasoned professionals are recognized experts in their field, leveraging their skills and experience to create measurable, improved outcomes for our clients. TRS Directors join a team of AlixPartners professionals providing business, financial and strategic consulting advice to companies that are underperforming and/or highly leveraged. In this interesting and challenging role, you will make an impact by helping clients effectively address their challenges and support organizational excellence in 'high stakes' situations. The Creditor Advisory Services function draws upon our operational and financial expertise to advise creditor groups on the development and implementation of strategies to deliver optimum outcomes from financially distressed situations. In this vital role, you will join a highly recognized creditor team comprised of professionals with investment banking, accounting and operational consulting backgrounds that have advised companies and creditors on more than 100 restructurings across a variety of industries. The Creditor Advisory Services team act as financial advisor to:
Official creditor committees
Secured creditors
Bondholders and bond trustees
Governmental entities
Labor constituencies
Preferred location is New York City. Paid relocation is not available.
What you'll do
The TRS Director role is an experienced senior level position that leads and manages client engagement teams and assists Managing Directors in the pursuit of new business and development of client relationships. For this role you will have direct restructuring advisory and unsecured creditor experience with leading consulting, investment banking or law firms. TRS Directors have strong financial and analytical skills and are able to distill financial diligence and analysis into strategic advice. Strong interpersonal, and communication skills and executive presence is essential with the ability to lead clients and engagement teams through challenging situations. Ability and willingness to undertake travel on occasion is required. At times, long hours during the week and on weekends, due to client demands, may be necessary.
Activities you will be involved in whilst working in Creditor Advisory Services include:
Evaluating company strategy and viability, business plan feasibility, and management capabilities
Developing recovery strategies and negotiating with other stakeholders
Performing valuations of enterprises or subsidiaries, using market-driven data and transactions
Investigating accounting and financial reporting, and supporting related litigation including preferences, fraudulent transfers, or other causes of action
This description is not designed to encompass a comprehensive listing of required activities, duties or responsibilities.
What you'll need
Minimum 8-12 years of relevant Chapter 11 bankruptcy and restructuring / distressed experience in a professional service firm environment, including of assignments on behalf of companies, lenders and creditors.
Prior hands-on experience building / developing / overseeing integrated 3-statement financial and 13-week cash flow models.
Analytical, adept at quickly defining, aligning, scaling, and assessing data. Ensures 80/20 approach to rapidly... For full info follow application link.
AlixPartners is a global firm of senior business and consulting professionals that specializes in improving corporate financial and operational performance, executing corporate turnarounds and providing litigation consulting and forensic accounting services when it really matters – in urgent, high-impact situations. More information is available at www.alixpartners.com.
All qualified applicants will receive consideration for employment without regard to among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, (age), status as a protected veteran, or disability. AlixPartners is a proud Bronze award-winning Veteran Friendly Employer.
