What are the responsibilities and job description for the Director, Restructuring - Liberty Mutual Investments position at Liberty Mutual Insurance Group?
Workout Leadership Re-underwrite public and private stressed credits; develop and execute recovery and exit strategies. Steer liability management transactions and restructurings, both consensual and court supervised. Serve as the primary point of coordination across legal counsel, financial advisors, co-lenders, and internal deal teams. Portfolio Surveillance Own and enhance early-warning analytics across the platform (e.g., ratings migrations, covenants, and other triggers). Shadow high-risk names to ensure a seamless hand-off and continuity in transition from investment to workout. Investment Underwriting (as bandwith allows) Underwrite opportunistic or special-situations investments (across public or private portfolios) during lower workout volume periods. Ensure continuous engagement with front-end investment process and strengthen cross-platform connectivity. Playbook & Process Design Build and maintain restructuring playbooks, case templates, and decision frameworks. Institutionalize key learnings and tactics via a central knowledge hub accessible across the platform. Market Intelligence Track market trends in distressed debt and restructuring; feed insights to the investment teams and trading desks. Represent the firm externally in restructuring forums and relevant industry networks. Firmwide Contribution Act as a cross-functional resource on initiatives; mentor junior team members in workout disciplines. Promote a culture of commercial agility, transparency, and shared learning. Experience Minimum 6 years in restructuring, workouts, special-situations investing, or turnaround advisory. Demonstrated experience in leading complex restructurings or distressed investment cases. Strong exposure to credit documentation, liability management, and legal process strategy (Chapter 11, out-of-court solutions, etc.). Skills Formal credit training, with strong command of cash flow forecasting, financial modeling, and recovery analysis. Deep understanding of capital structures, intercreditor dynamics, and documentation mechanics. Familiarity with distressed investing metrics, valuation scenarios, and court filings. Excellent negotiation and stakeholder management skills (including with sponsors and legal teams). Exceptional written and verbal communication skills. High organizational acumen with a problem-solving and entrepreneurial mindset. Team player with demonstrated ability to thrive in high-pressure, fast-paced environments. Self-starter with commercial mindset