Demo

Turnaround & Restructuring Director

Selby Jennings
Chicago, IL Full Time
POSTED ON 9/24/2026
AVAILABLE BEFORE 10/24/2026



Managing Director / Director

Turnaround & Restructuring

Locations: Chicago, New York, Houston, or Los Angeles

Are you the person clients call when critical decisions need to be made?

We are partnering with a growing and highly respected advisory firm seeking an experienced turnaround and restructuring professional to lead complex engagements and serve as the primary decision-maker on client mandates. This is a unique opportunity for a senior-level practitioner who thrives in high-stakes environments, enjoys leading teams, and wants the authority to drive outcomes without layers of oversight.



What You'll Do

  • Serve as the lead advisor on turnaround, restructuring, and performance improvement engagements.

  • Develop and execute strategic action plans for underperforming and distressed businesses.

  • Make key operational, financial, and restructuring recommendations directly to clients, lenders, boards, and stakeholders.

  • Lead crisis management situations and drive solutions in time-sensitive environments.

  • Delegate and oversee workstreams across engagement teams while maintaining accountability for overall project success.

  • Act as the primary point of contact for clients and own engagement strategy from start to finish.

  • Provide leadership and mentorship to junior and mid-level team members.

  • Partner with senior leadership on business development and relationship management efforts.



Skills Required

  • Significant experience in turnaround, restructuring, interim management, performance improvement, or related advisory work.

  • Demonstrated ability to independently lead complex engagements and make critical decisions with limited oversight.

  • Strong leadership presence with a track record of managing and developing teams.

  • Experience interacting directly with executive management teams, boards, lenders, investors, and other key stakeholders.

  • Strong financial and operational acumen, including liquidity management, cash flow analysis, business planning, and restructuring strategy.

  • Proven ability to thrive in fast-paced, high-pressure situations where decisive action is required.



Why This Opportunity?

This role offers something increasingly rare in today's market: true ownership. The individual hired will be empowered to lead engagements, direct teams, make recommendations, and drive outcomes without micromanagement. The firm is looking for a trusted advisor who can step into complex situations, assess the challenges, build a plan, and execute confidently.

If you're looking for a platform where your judgment is valued, your decisions carry weight, and your impact is visible from day one, we'd love to speak with you.



Company Description

Operating as part of Phaidon International, Selby Jennings is a multi-award winning global recruitment organization focused on servicing the financial industry.

By breaking down financial markets into individual niches and micro-specialisms, Selby Jennings powers a knowledge-led model, delivering global solutions into local markets. Every consultant is an expert in their field. Structuring our teams to mirror the demands of our clients and candidates, we identify, qualify and present the highest caliber candidates, as well as identifying the best market opportunities for leading finance professionals.

We work in partnership with clients to tailor-make a suitable search model based on the type of assignment and client service level requirements, adopting a bespoke combination of solutions to ensure optimum reach into the active and passive market places.

From our offices around the world, we recruit beyond international boundaries, pro-actively sourcing the best talent in the industry. Across contingent, retained, and project solutions, our service is unrivaled; speaking to our level of service provision, search accuracy, and flexibility.

Salary.com Estimation for Turnaround & Restructuring Director in Chicago, IL
$115,788 to $141,161
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