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Ankura

Senior Associate, Turnaround & Restructuring

Ankura, New York, New York, us, 10261

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Senior Associate, Turnaround & Restructuring

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Ankura

Ankura is a team of excellence founded on innovation and growth. Our practice focuses on distressed and underperforming companies, providing strategic and financial advisory to stabilize, rehabilitate, and maximize recoveries for stakeholders.

Role Overview We are currently recruiting a senior associate consultant to join our Turnaround & Restructuring (T&R) team. This is a great opportunity to leverage your experience and grow in a T&R consulting role where you will be able to accelerate your career and professional development. This role could be located in New York, Dallas, Chicago and there is potential for other select locations.

Responsibilities

Independently structures basic issue analyses and contributes to hypothesis generation

Builds analytical tools and financial analyses with limited direction

Identifies and articulates opportunities for more advanced analytic approaches outside of basic Excel

Drafts client-ready data requests

Manages administrative and organizational matters of engagement

Assembles reports, graphs, and tables with limited guidance

Presents work, as required, both internally and to clients

Interfaces directly with more senior clients to gather data and develop analyses

Demonstrates a basic understanding of credit agreement terms

Calculates covenant compliance

Applies common restructuring concepts to distressed situations

Beginning to identify potential issues related to complex accounting or financial concepts

Prepares high level valuation with guidance

Understands common bankruptcy terms and key provisions of the code

Understands principles of Chapter 11, POR, and 363 sale

Understands key activities of bankruptcy preparation

Mentors Associates when appropriate, including review of work product and recommendations for improvements

Requirements

Minimum of 2 years of relevant experience with a top-tier restructuring consulting firm

An undergraduate degree from a top academic institution with a strong GPA

Advanced degree(s) and applicable professional certifications are preferred (CFA, CIRA, CPA)

Restructuring experience required

Experience with financial modeling including 3-statement analysis and 13-week cash flow models

Ability and willingness to undertake extensive travel is required

Willingness to work long hours during the week and on weekends due to client demands

Experience with analytical tools and financial analyses showing understanding of competing needs

Identifies and articulates opportunities for more advanced analytic approaches outside of basic Excel

Demonstrates ability to contribute to identification of key issues

Able to understand concepts of data patterns and trends

Exhibits critical thinking and problem-solving capability

Demonstrates ability to synthesize analysis and draw conclusions

For individuals assigned and/or hired in California, Colorado, or New York, Ankura includes a reasonable estimate of the compensation range. The current base pay range is between $65,000 and $155,000; this range is not a guarantee of wage and may vary by location, skill, experience, and other factors. It does not include additional benefits outside of salary.

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 are available; if you require a reasonable accommodation to search for a job opening, apply online, or participate in an interview/assessment, please email accommodations@ankura.com or call +1.312-583-2122. This contact is for disability accommodation requests only.

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