Managing Director - Restructuring & Turnaround Services

Description

Managing Director, Restructuring & Insolvency

GlassRatner Advisory & Capital Group LLC is a leading provider of specialty professional and advisory services, including forensic accounting and litigation support, bankruptcy and restructuring, transaction support services, retained executive searches, and compliance risk, and resilience consulting.

GlassRatner works with law firms, lenders, private equity sponsors, and companies of all types on complex business challenges such as pursuing a fraud investigation or corporate litigation, planning and executing a major acquisition or divestiture, or managing through a business crisis or bankruptcy. GlassRatner employs approximately 200 team members located across the United States, Canada, and Mexico.

Role Summary

The Managing Director, Restructuring & Insolvency provides independent, result-driven leadership on complex restructuring, turnaround, and distressed engagements. This role requires strong judgment, comfort with calculated risk, and the ability to rapidly synthesize information and design innovative solutions in ambiguous, high-pressure situations.

The Managing Director serves as a trusted advisor to senior stakeholders, drives business development and revenue outcomes, and leads teams effectively through constantly changing and uncertain environments.

Key Responsibilities

Complex Problem Solving & Decision Leadership

• Independently diagnose distressed and special-situations environments, rapidly structuring incomplete, evolving, or conflicting information into actionable strategies
• Design and execute creative, non-standard restructuring and turnaround solutions where traditional approaches may not suffice
• Lead development of cash flow forecasts, financial models, and restructuring scenarios under compressed timelines and uncertain conditions

Client Influence & Stakeholder Advisory & Outcome Driven Influence

• Influence boards, executives, lenders, creditors, and legal counsel through clear judgment, data-driven recommendations, and decisive leadership
• Navigate disagreement and tension constructively to drive outcomes, without reliance on consensus-based decision-making

Business Development & Growth Ownership

• Originate and convert new engagements through strong market presence, credibility, and personal drive
• Own engagement outcomes, economics, and long-term client relationships

Team Leadership in High Pressure Environments

• Lead and develop teams through high-stakes, high-stress situations while maintaining momentum and decision quality
• Provide structure and prioritization without over-engineering processes or slowing execution
• Coach, mentor, and develop Directors, Managers, and Associates through active engagement, real-time feedback, and role modeling in high-stakes situations
• Build durable restructuring talent by developing judgment, decision-making capability, and client presence within junior team members
• Identify strengths, gaps, and development needs of team members and provide targeted guidance in fast-moving, high-pressure environments

Risk Calibrated Judgement

• Tolerate and manage calculated risk inherent in distressed environments, balancing innovation with fiduciary responsibility.
• Navigate negotiations and restructuring pathways with composure and resilience.

Leadership & Performance Expectations

• Maintain composure and effectiveness during periods of extreme pressure and uncertainty
• Adapt rapidly as client priorities, legal dynamics, or financial conditions change
• Balance speed, creativity, and discipline in decision-making
• Demonstrate resilience and sustained intensity across prolonged engagements
• Helps to build and scale a high-quality restructuring team, including recruiting, developing, and retaining top-tier professionals as the firm grows, while maintaining rigorous performance and judgment standards.
• Develops and elevates team capability over time, strengthening judgment, resilience, and leadership capacity across the firm

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 10–15+ years in restructuring, turnaround advisory, investment banking, consulting, or distressed environments with escalating levels of autonomy.
• Demonstrated success leading complex engagements independently and driving revenue growth.
• Strong comfort operating in ambiguous, high-pressure situations requiring rapid judgment.
• Deep expertise in financial statement analysis, cash flow modeling, capital structures, and creditor negotiations.
• Strong executive presence with the ability to influence and lead in high-pressure, time-sensitive situations.
• Demonstrated ability to lead decisively, innovate under constraint, and perform at a high level in ambiguous, high - pressure environments

Preferred Skills

• CPA, CFA, CTP, MBA, or similar professional credentials are highly desirable.
• Prior experience serving in interim executive roles (e.g., CFO, CRO) or leading operational turnarounds.
• Established referral network within the restructuring ecosystem (lenders, attorneys, sponsors).

Employees at GlassRatner Advisory & Capital Group LLC receive competitive compensation and a full range of benefits. This package includes a 401(k) plan, paid time off (holidays, vacation, and sick leave), and voluntary medical, dental, and vision insurance. Additionally, the firm provides company-paid life and disability coverage.

We are proud to be an equal opportunity employer and will consider all qualified applicants regardless of gender, gender identity, race, religion, color, nationality, ethnic origin, sexual orientation, marital status, veteran status, age, or disability.