Assistant Director, Restructuring Services - Financial Advisory, Manchester

Deloitte ,
Manchester, Greater Manchester

Overview

Job Description

Your opportunity This is an exciting opportunity to join Deloitte's market-leading Restructuring Services group in Manchester, where you will work alongside some of the most experienced practitioners in the field advising the boards, management teams, lenders and shareholders of companies which are underperforming and/or facing financing issues. Our team works closely with * Management and boards of distressed companies to stabilise crisis situations, helping to turnaround underperforming businesses and (when necessary) help them to restructure their balance sheets; and * Lenders to companies in distress who require advice throughout a restructuring process alongside analytical support and insight (e.g. liquidity reviews and independent business reviews of borrowers). 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. 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 2 years or more. If this is relevant for you, just let your recruiter know when you make your application. Your role As an Assistant Director in the Restructuring Services ("RS") team, you will have the opportunity to work on a diverse range of engagements across all sectors, with plenty of responsibility for leading on-the-ground teams, managing junior staff and supporting the partners and directors in client-facing delivery. The nature of work that you will get involved in may include: Managing specific workstreams on financial restructuring engagements on a day to day basis with director/partner oversight, including: * Project managing parts of the engagement, providing support to the director/partner in managing external stakeholders as well as managing RS and other service line teams involved * Supporting management teams in preparing and challenging business plans, short term cash flow forecasts and restructuring plans * Developing, analysing and presenting restructuring options using input from other teams, e.g. insolvency or tax analysis * Liaising with the Company's lawyers to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.) * Managing small teams and creating effective delegation and development opportunities for individual team members * Understanding and actively managing the Firm's risk from take-on through to completion of engagements Actively support business development activities using your own contact network as well as supporting partner-led marketing and sales activities * Identify and pursue potential opportunities using your own network as well as participating in existing business development programmes and key client accounts * Identify opportunities to expand jobs as well as opportunities to provide wider Deloitte services to existing clients * Lead marketing initiatives aimed at specific channels to market, or events Actively support practice and talent development * Provide on-job coaching and development to staff * Develop junior staff outside of jobs through appraising and mentoring * Support wider RS training initiatives Your work, your choice At Deloitte we believe the best impact is the value we add, not the hours we sit at our desk. We carefully consider agile ways of working, both formal and informal, that allow for the best impact for our people and our clients. Please speak to your recruiter about the working pattern that works best for you. Location: You will be based in the Deloitte Manchester office. However, the role may also involve travel and will require the flexibility to meet peaks of work inherent in the cycle of a deal. We specify full mobility for our financial advisory roles but we make arrangements respectfully. Working from home days are available and flexible depending on clients, deadlines, and projects. Work pattern: Permanent full-time Your professional experience To qualify, you must: * Broad financial restructuring experience gained either as an advisor within a professional services firm, consultancy or investment bank; as an analyst in a debt or special situations fund; * Strong understanding of banking, loan agreements and other relevant financial and legal documentation * Good understanding of the restructuring marketplace, its trends and key players (principals and advisers) * A developing network of relevant contacts in the market * Very strong analytical skills, including: business analytics, business planning, short term cash flows, financing options. A basic understanding of insolvency legislation and practice is not a prerequisite but helpful * Excellent interpersonal skills and evidence of le