Director, Turnaround, Restructuring and Special Situations

Basic information

Location

London

Business Line

Strategy, Risk & Transactions Advisory

Date published

29-Oct-2024

Req #

17180


Job description
Connect to your IndustryThe Turnaround, Restructuring and Special Situations team provides independent financial turnaround and strategic advice to a range of stakeholders facing stressed and distressed situations across the full spectrum of corporates through the Firm's global network.The Turnaround, Restructuring and Special Situation team guides companies and their stakeholders through periods of uncertainty and stress, helping to solve the most complex and critical challenges. We are focused on creating and recovering value whether that is through liquidity, financing or capital structure solutions.We are seeking to expand with the recruitment of highly talented and motivated individuals with relevant experience to help grow our team. We are looking for individuals with a background in turnaround, financial restructuring and performance improvement with an interest in helping businesses in stressed or distressed situations.We encourage consideration of flexible ways of working, both formal and informal arrangements that allow for the best outcomes for our people and our clients. If this opportunity is of interest to you with some flexibility, please do discuss with us.Connect to your career at Deloitte      Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.  What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.Connect to your opportunity Your role within this growing, high-performance and fast-paced team is to advise clients in stressed and distressed situations to support their turnaround strategy. You will work on a wide range of turnaround engagements including advising borrowers on liquidity management,  business plans, performance improvements, lender negotiations and optimising capital structures. It will also include working alongside specialists within the Deloitte network on negotiating new money fundraisings, refinancing and restructuring existing debt facilities.We operate across all sectors and we are currently looking for a Director.As a Director in the Turnaround, Restructuring and Special Situations team you will be:Leading on a range of advisory projects with regular interaction with clients, banks, private credit funds, lawyers, advisors and other service lines within Deloitte;Leading the day to day management of liquidity, financing and capital structure processes;Managing a variety of stakeholders with varied objectives;Developing the team and supporting them on various initiatives across client engagements and business development;Leading marketing and business development activities;Supporting the team as it continues to build a strong network across the various parties that are involved in transactions (e.g. PE houses, banks, private credit funds, lawyers, advisors and other service lines within Deloitte); andWorking effectively in diverse teams within an inclusive team culture where people are recognised for their contribution.Connect to your skills and professional experience Successful applicants will be able to demonstrate:Experience working for stressed and distressed organisations that required liquidity, financing and/or capital structure solutions within an advisory, investor or corporate background;Business turnaround experience, delivering performance improvement and adding real value to the corporate;Proven ability to develop trusted relationships with C-suite and other senior stakeholders;Experience in managing and developing talent;Excellent communication, presentation and interpersonal skills;Proven ability to manage multiple projects, with excellent organisational skills;Agility to work on multiple internal and external initiatives simultaneously;Initiative to take on new challenges, within a supportive environment;Ability to undertake detailed financial/commercial analysis for inclusion in presentations and client reports;Excellent report writing skills;A commitment to delivering an exceptional service to clients, with ability to work quickly and establish effective working relationships; andACA qualification (or equivalent).Connect to your business - Strategy, Risk & Transactions AdvisoryIn an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.  Mergers and AcquisitionsWe challenge dealmakers to expect more and to see beyond the deal to create sustainable value for shareholders, employees and society. We support corporates, private equity and financial investors across the full M&A lifecycle and are committed to identifying and delivering sustainable value at every stage of the deal.Personal independence Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.Connect with your colleagues “One of the things I love about Deloitte is that everyone is genuinely supportive of each person’s individual requirements and career aspirations. I am proud when I look at our organigram and see several female partners and directors.” - Lizzie, SR&T - Advisory Our hybrid working policyYou’ll be based in London with hybrid working.At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.Connect to your return to work opportunity Are you looking to return to the workplace after an extended career break? For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.Our commitment to you Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.Connect to your next step A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careersRTWPROG WPFULL SLSRTA