Senior Associate, Turnaround & Restructuring

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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.

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.

• 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

• 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  or call .

This contact is for disability accommodation requests only.

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