Role Overview for Managing Director, Corporate Restructuring with a Consulting Firm – Houston, TX
JRG Partners is proud to represent a premier, globally recognized consulting firm seeking a dynamic and seasoned Managing Director to lead and expand its Corporate Restructuring practice in the strategic Houston, TX market. This is a pivotal leadership role for an individual with a profound track record of guiding companies through complex financial and operational distress. The successful candidate will be a cornerstone of the firm’s regional presence, responsible for driving business development, leading high-stakes engagements, and mentoring a team of dedicated professionals. You will operate at the intersection of finance, law, and strategy, providing critical advisory services to boards of directors, senior management, lenders, and other stakeholders of companies facing financial turmoil.
In this role, you will be more than a consultant; you will be a trusted advisor during a company’s most challenging times. Your expertise will be instrumental in preserving and maximizing value for stakeholders through the development and implementation of comprehensive restructuring strategies. This includes navigating both out-of-court workouts and formal in-court proceedings, such as Chapter 11. The Houston market, with its robust energy sector and diverse industrial base, presents a unique and compelling landscape for a restructuring professional. You will have the opportunity to work on complex cases that are often at the forefront of economic trends, requiring innovative solutions and a deep understanding of industry-specific dynamics.
We are looking for a leader who not only possesses exceptional technical skills in financial analysis and negotiation but also exhibits the executive presence and gravitas to command the respect of C-suite executives and creditor committees. You will be the face of the practice in the region, building and nurturing relationships with law firms, private equity sponsors, and financial institutions. This position offers a clear path to partnership and the autonomy to build a market-leading practice, backed by the resources and reputation of a top-tier global firm. If you are a visionary leader passionate about corporate renewal and creating impactful solutions, we invite you to explore this exceptional opportunity.
Key Responsibilities of Managing Director, Corporate Restructuring with a Consulting Firm – Houston, TX
The Managing Director will assume a wide range of responsibilities, encompassing client service, business development, practice management, and thought leadership. Success in this role requires a blend of analytical rigor, strategic thinking, and unparalleled leadership.
Engagement Leadership & Execution
Serve as the lead engagement director on complex restructuring and turnaround assignments. Oversee all aspects of project execution, from initial diagnosis and strategy formulation to implementation and monitoring. This includes managing engagement economics, resource allocation, and ensuring the delivery of the highest quality work product.
Business Development & Market Presence
Proactively source and secure new client engagements. Develop and execute a comprehensive business development plan for the Houston market and the broader Southwest region. Cultivate a strong network of referral sources, including attorneys, lenders, investment bankers, and private equity professionals. Represent the firm at industry conferences and events to enhance brand visibility.
Strategic Financial Advisory
Lead the development of sophisticated financial models and analyses to support restructuring initiatives. This includes creating detailed 13-week cash flow forecasts, business viability assessments, debt capacity analyses, liquidation analyses, and enterprise valuations. Advise clients on capital structure optimization and strategic alternatives.
Stakeholder Negotiation & Management
Act as the primary negotiator on behalf of clients with diverse stakeholder groups, including secured and unsecured creditors, equity holders, organized labor, and government agencies. Skillfully manage complex, multi-party negotiations to build consensus and achieve consensual restructuring plans.
Interim Management Roles
Be prepared to step into interim leadership roles for client companies, such as Chief Restructuring Officer (CRO) or Chief Financial Officer (CFO), providing hands-on leadership to stabilize operations, manage liquidity, and execute turnaround plans.
In-Court Process Management
Guide clients through the complexities of Chapter 11 bankruptcy proceedings. Oversee the preparation of critical court filings, including schedules of assets and liabilities, statements of financial affairs, and monthly operating reports. Provide expert testimony and litigation support as required.
Team Leadership & Mentorship
Lead, mentor, and develop a team of restructuring professionals, from analysts to senior managers. Foster a collaborative and high-performance culture. Actively participate in firm-wide recruiting, training, and professional development initiatives to build the next generation of leaders.
Thought Leadership & Practice Development
Contribute to the intellectual capital of the firm by developing new service offerings, authoring articles, and speaking on industry panels. Stay abreast of market trends, legal precedents, and evolving best practices in corporate restructuring.
Requirements for the Managing Director, Corporate Restructuring with a Consulting Firm – Houston, TX
The ideal candidate will be a recognized expert in the field of corporate restructuring, with a proven history of success in a professional services environment. The following qualifications are essential:
Professional Experience
A minimum of 15 years of progressive experience in corporate restructuring, turnaround consulting, distressed investment banking, or a related field. Significant experience must be within a top-tier consulting firm, advisory practice, or boutique restructuring firm.
Educational Background
An undergraduate degree in Finance, Accounting, Economics, or a related discipline is required. A Master of Business Administration (MBA) or other advanced degree is strongly preferred.
Professional Certifications
Professional certifications such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or Certified Turnaround Professional (CTP) are highly desirable. The CTP designation, in particular, demonstrates a commitment to the profession and is recognized by the Turnaround Management Association.
Business Development Acumen
A verifiable and substantial track record of originating new business, with a portable book of contacts and referral sources in the Houston market. Must possess an entrepreneurial spirit and a demonstrated ability to build and grow a practice.
Technical Expertise
Deep expertise in financial modeling, valuation, liquidity management, and bankruptcy processes. Must have a comprehensive understanding of the U.S. Bankruptcy Code, particularly Chapter 11, and experience with both in-court and out-of-court restructuring mechanisms.
Leadership & Communication Skills
Exceptional executive presence with superior written and verbal communication skills. Proven ability to lead and inspire teams, manage complex projects under pressure, and present complex financial information clearly and persuasively to senior-level stakeholders.
Industry Experience
While a broad industry background is valued, significant experience in the Energy (Oil & Gas), Manufacturing, or Healthcare sectors would be a considerable asset given the Houston market’s composition.
Location
Candidates must be based in or willing to relocate to Houston, TX. An established professional network within the local market is a significant advantage.
Benefits & Perks Offered
Our client is committed to attracting and retaining top talent by offering a highly competitive and comprehensive compensation and benefits package. They foster an environment that rewards performance, encourages professional growth, and supports a healthy work-life balance.
Competitive Compensation
A highly competitive base salary complemented by a significant performance-based bonus structure that rewards both individual and firm success.
Comprehensive Health & Wellness
Premium medical, dental, and vision insurance plans for employees and their families. Includes access to wellness programs, mental health resources, and a flexible spending account (FSA).
Retirement Savings
A robust 401(k) plan with a generous company match to help you plan for your financial future.
Generous Paid Time Off
A substantial paid time off (PTO) policy, including vacation, sick leave, and numerous paid company holidays.
Professional Development
A significant annual stipend for continuing education, professional certifications, and industry conference attendance to ensure you remain at the forefront of the field.
Path to Partnership
A clearly defined and achievable career progression track with a direct path to Equity Partner for high-performing individuals.
Work-Life Integration
A modern and flexible work environment that respects your personal time and commitments.
Relocation Assistance
A comprehensive relocation package is available for exceptional candidates moving to the Houston area.
How to Apply
JRG Partners is exclusively managing the search for this pivotal Managing Director position. If you are a results-driven restructuring leader with the experience and ambition to build a market-leading practice, we encourage you to apply. To be considered, please submit your confidential resume and a cover letter detailing your relevant experience and business development track record. For more information on our expertise in this area, please visit our Corporate Finance & Restructuring practice page. We look forward to connecting with you to discuss this transformative career opportunity.
