Director - Credit Workout & Restructuring

An established international banking group is seeking a senior workout and restructuring professional to manage US credit exposures, oversee performing credits and lead restructuring strategies for stressed and distressed borrowers. The role combines bank-side credit risk and portfolio management with specialist US restructuring expertise, including Chapter 11, working closely with an established UK-based team.

Key Responsibilities

• Manage and monitor US corporate and institutional credit exposures, identifying emerging risks and potential deterioration.
• Develop and execute workout, restructuring and recovery strategies to protect the Bank's position and maximise recoveries.
• Represent the Bank in creditor groups, lender syndicates and restructuring negotiations.
• Conduct detailed financial and credit analysis, assess recovery scenarios and contribute to impairment discussions.
• Work closely with UK-based colleagues, borrowers, legal counsel, financial advisers and other lenders.

Skills & Experience Required

• Significant bank-side experience in credit workout, restructuring, special assets or distressed lending.
• Strong knowledge of US restructuring processes, particularly Chapter 11 and insolvency frameworks.
• Proven credit analysis, financial assessment and recovery strategy experience.
• Experience negotiating with borrowers, creditors and external advisers in complex situations.
• Strong stakeholder management, communication and influencing skills, with the credibility to operate independently at Director level.
• Project finance experience advantageous but not essential.

Location: New York | Hybrid, typically 3 days per week in office