Senior Restructuring Professional

NYC Private Credit Investment Firm

J Harlan Group is currently conducting a search for an experienced and highly motivated Senior   Turnaround & Restructuring Professional at a prominent Private Credit Investment Firm Headquartered in NYC focused on Middle Market Special Situations Direct Lending.

Key Responsibilities:

·          Develop, review, and oversee the implementation of business restructuring and recovery plans which create value and improve financial performance

·         Assess business challenges, needs, and gaps, diagnose root problems, and oversee the implementation of operating solutions

·         Provide feedback on budgets and long-term business plans, assess risks and downside analyses with respect to capital needs

·         Evaluate and oversee cost savings initiatives and execution milestones

·         Conduct financial analysis of companies and develop financial models across a variety of industries, including review of operations and cash flow forecasts

·         Interface with company and stakeholders’ legal and financial advisors on all aspects of restructuring transactions

·         Assess organizational and management team structures and effectiveness

·         Act as the point of contact for certain assigned workstreams within an operational and financial turnaround

·         Actively challenge assumptions, hypotheses, and outcomes

·         Understand key elements of restructurings and bankruptcy case management

·         Help set priorities across multiple work streams, identify key milestones, and manage accordingly

·         Present effectively to management teams and other professionals related to analyses/issues

·         Handle client interactions at multiple levels

·         Maintain constant communications with senior professionals to ensure coordination of activities and manage expectations

·         Support external financing processes for portfolio companies

·         Assess, structure, and lead buy-side and sell-side M&A opportunities including underwriting, diligence, and legal documentation

Qualifications:

• 8 - 12 years of relevant experience with a special situations, private equity or private credit firm, or top-tier restructuring advisory firm  - Corporate restructuring, private credit, private equity, or special situations, specifically with hands-on experience in directly managing workouts, restructurings, and crises management with borrowers and company managers. 

·         Ability and willingness to undertake extensive travel is required

·         Experience with analytical tools and financial analyses that show a proper understanding of competing needs (timing, flexibility, detail, risk) with limited direction

·         Experience with financial modeling including 13-week cash flow models and three statement analysis

·         Identify and articulate opportunities for more advanced analytic approaches outside of basic Excel

·         Demonstrated ability to contribute to identification of key issues

·         Exhibits critical thinking and problem-solving capability

·         Demonstrated ability to synthesize analysis and draw conclusions

·         Interpersonal skills and maturity to communicate effectively with lower middle market management teams and extract actionable intelligence from complex situations;

·         Advanced Excel Skills: Ability to build operational and financial models, correlation, valuation, runoff, liquidation, and various other types of analyses with limited supervision;

·         Proven and demonstrable analytical capabilities, ability to creatively extract and evaluate relevant data points from imperfect sets of information;

·         An entrepreneurial mindset and the capability to manage multiple complex situations in parallel, understanding the operating requirements of private businesses during growth, evolution and potentially turnaround phases;

·         Effective writing skills for the creation of memorandums and investment performance summaries;

·         Ability to understand and negotiate complex credit and other legal agreements;

·         Advanced familiarity with capital structure and corporate debt including: Leveraged Finance; Restructuring; Structured Finance; and ABS.

Education:

·         Strong academic record and a bachelor’s or higher degree in Finance, Business,        

Accounting, Engineering, Mathematics, or Sciences preferred

·         MBA, CFA, CIRA, CPA or other relevant graduate degree or certification a plus.

An individual who loves solving deep and complex investment / asset management related matters and wants to have an outsized impact on the firm’s asset management abilities. An individual with a passion for Investment/Asset Management, high level of intellectual curiosity and horsepower, a commitment to excellence and an unparalleled drive to deliver world-class services.

If you or anyone in your network would be interested in this opportunity, please send resume to Jerry Goldberg at [email protected] or directly contact us at (212) 792-0099

About the Client:

The firm is an $8.5B private credit investment firm providing bespoke credit solutions to stakeholders and management teams of U.S. middle market companies requiring capital support for growth, acquisitions, operational challenges, and financial distress.

They believe that what sets them apart from the competition is the strength of its team, its sourcing capabilities, its focus on unique credits, and its ability to deliver bespoke solutions quickly and efficiently, while generating attractive risk adjusted returns for investors.

They seek candidates who are high-energy self-starters who want to join an investment management firm on the leading edge of financial markets. The management team needs individuals of the highest professional caliber who are leaders, problem solvers, analytic, detail-oriented, and entrepreneurial. Everyone at the firm works side-by-side with the firm’s senior partners in a highly collaborative and charged investment environment.

Successful candidates are:

·            Analytic and relentless in pursuit of the right answer

·            Strong communicators who excel at rapid synthesis

·            Able to demonstrate sound business judgment

·            Able to digest complexity while maintaining an understanding of the “big picture” of business needs

·            Team players who are energized by a collaborative enterprise

The firm’s employees maintain the highest professional and ethical standards. The firm has earned a reputation for honesty, fair dealing, and transparency in a competitive industry. They believe that these standards are the foundation for superior investment performance and are critical to delivering performance to clients.

The salary range is $200,000 - $225,000 plus employees may also be eligible for annual discretionary incentive compensation. Actual compensation within that range will be dependent upon the individual's skills, experience, qualifications, location, and applicable laws.