Turnaround & Restructuring - Senior Vice President, Creditor Advisory Services
New York, NY 
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Posted 25 days ago
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 Turnaround and Restructuring (TRS) practice is widely recognized by corporations, executives and restructuring professionals as the standard for preserving value in urgent situations. We have advised management, investors, and creditors around the world on many of the largest and most high-profile bankruptcies and restructurings over the past 40 years. Today, we are a leading global provider of turnaround and restructuring services, helping companies across a wide spectrum of activities reach their financial goals.
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.
What you'll do

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

Activities you will be involved in whilst working in Creditor Advisory Services include:

  • Evaluate company strategy and viability, business plan feasibility, and management capabilities
  • Working with the team to develop recovery strategies and negotiate with other stakeholders
  • Perform valuations of enterprises or subsidiaries, using market-driven data and transactions
  • Investigate 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. Preferred location is New York City. Paid relocation is not available.

What you'll need
  • Minimum 6 years of relevant Chapter 11 bankruptcy and restructuring / distressed experience in a professional service firm environment.
  • 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 draw conclusions. Skilled at quickly identifying anomalies, inconsistencies, patterns and conclusions.
  • Consistent track record of successfully structuring and leading client engagements that achieved desired results, often times exceeding client expectations.
  • Experience with development and maintenance of client relationships and pursuit of new engagements, including client outreach and development of pitch materials.
  • Strong commercial instincts and interest.
  • A 'big picture point of view', recognizing critical areas requiring analysis and review. Quickly structures approaches to solve complex problems. Balanced and flexible, anticipates and changes direction as necessary.
  • Experience synthesizing complex unstructured information rapidly and applies good business judgment driving quickly to deep insights into possible impacts and solutions.
  • Experience delivering innovative solutions with the development of new tools, methodologies and approaches.
  • Proven track record of effectively planning for and proactively mitigates risks on projects and work streams.
  • Excellent written and verbal communication skills in English.
  • Willingness to work outside of normal business hours, and in particular as unique projects/needs arise.
  • Ability to work full time in an office and remote environment; physically able to sit/stand at a computer and work in front of a computer screen for significant portions of the workday.
  • Must become familiar with, and promote and abide by, our Core Values as defined by the AlixPartners' and foster an inclusive environment with people at all levels of an organization.

The firm offers a comprehensive benefits program including health, vision, dental, disability, 401K, tuition reimbursement, identity theft protection, and mental wellness support. Employees will also receive a generous paid leave policy.

The salary range for this role takes into account a number of factors and is between $175,000/year - $275,000/year with potential eligibility for annual discretionary bonus.

AlixPartners is an equal opportunity employer. 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 , or disability. AlixPartners is a proud Silver award-winning Veteran Friendly Employer.


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.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
Open
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