Job Description

The turnaround consulting practice within Hilco Global Professional Services tackles urgent, complex challenges with speed and impact. As former executives, operators and investors, the team combines blue chip experience with intense focus to consistently deliver tailored solutions across operational turnarounds and financial restructurings. Uniquely, the team executes alongside Hilco Global's integrated platform of valuation, monetization, real estate and capital solutions businesses, advising clients and their stakeholders as they navigate critical points of inflection. The Managing Director, Turnaround Consulting at Hilco Global represents a unique opportunity to assume a wide range of responsibilities and make a significant impact.

This Managing Director is a client delivery leadership position for highly capable professionals to make substantial contributions to overall firm growth. The Managing Director will focus on developing new and existing client relationships as well as ensuring all aspects of strategic, operational and financial engagements are delivered with the highest quality standards and impact. You will support key initiatives, manage discrete workstreams and work closely with senior leaders across the Hilco Global platform. If you thrive in a high-performance culture and want to help build the next chapter of a global advisory and principal investment firm, this is the right role for you.

Responsibilities

• Work directly with senior personnel at Hilco Global and our clients to develop comprehensive solutions to complex operational and financial challenges across the business lifecycle including formulating and implementing value creation and business transformation plans, contingency planning and bankruptcy preparation / execution.
• Partner with affiliated Hilco Global businesses — including valuation, appraisal, asset monetization, real estate and capital solutions — to bring the full platform to bear on client situations.
• Oversee liquidity management (cash flow forecasting, treasury operations and stakeholder communications), case administration (filing preparation, bankruptcy reporting, claims support and plan support) and supporting the development and formulation of business / restructuring plans.
• Review executive reporting packages including key performance indicators (KPIs), financial performance, budget, board of director presentations and stakeholder presentations.
• Present KPIs, financial performance, budget, board of director presentations, stakeholder presentations.
• Review detailed financial projections and business plans.
• Work with the Hilco Global team of Associates to Managing Directors to lead execution of all deliverable workflows.
• Assess organizational and individual structures and effectiveness.
• Identify areas for operational improvements and cost reduction.
• Lead business development and client relationship efforts.
• Identify and re-allocate resources to operational, growth, financial and strategic initiatives with highest risk adjusted return.
• Lead various operational, financial and management meetings and key constituent communications / negotiations.
• Contribute to the origination and selling of projects including experience pitching to or partnering with senior executives, private equity firms, lenders, lawyers and other related buyers.
• Advise clients and make decisions that demonstrate expertise, synthesizing the core drivers of both the clients' business, situational analyses and the underlying complexity of the situation to maximize value.
• Provide coaching and mentorship to junior team members.
• Contribute to creating a high-performing and inclusive culture.

Qualifications

• Bachelor's degree from a top undergraduate program.
• Invested in a team-based culture, motivated to collaborate in office four days per week and willing to work at client sites as needed.
• Significant experience in the areas of strategic, financial or operational consulting, investment banking, restructuring / distressed investing, private equity, lending and/or industry roles.
• Proven leader in the delivery of high-value work that exceeds client expectations.
• Demonstrated capability of developing new business transformation, restructuring and interim management.
• Deep experience supervising other professionals and acting in a manner that serves to motivate, develop and bring out the best in others. Provides clear direction, coaching and mentoring to team members.
• Mastery of financial modeling including ability to review three statement models, 13-week cash flows, dynamic KPI packages and complex ad hoc analysis.
• Superior written and verbal communication skills, including executive-ready presentation and reporting skills.
• High attention to detail, responsiveness and ownership mindset.
• Track record of success in high-pressure, client-facing environments.

Annual base salary gross: $275000 - $345,000. The base salary range represents the estimated low and high end of Hilco’s salary for this position based on geography. Actual base salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, competencies and proficiency for the role. The base pay is one component of Hilco’s total compensation package for employees.

Other rewards and benefits include cash bonuses, long term incentives, health insurance, accident and life insurance, and retirement benefits.

• cash bonuses
• long term incentives
• health insurance
• accident and life insurance
• retirement benefits

Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, sexual orientation, genetic information, marital status, gender, veteran, or disability status.

Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior related experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle.

Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health.

• medical and dental plans
• vision coverage
• disability and life insurance
• 401(k) plans
• personal well-being benefits

Hilco Global ( is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global financial services leverage a unique blend of deep restructuring and advisory experience with capital solutions and principal investing. Hilco Global delivers customized solutions to undervalued, high potential companies to resolve complex and stressed situations and enhance long-term enterprise value. Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and as needed monetize the value. Hilco Global has almost four decades of a successful track record of acting as an advisor, agent, investor and/or principal in any transaction. Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has 900 professionals operating on five continents and has large offices located in Boston, Chicago, New York, and Philadelphia within the USA.

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