Demo

VP - Turnaround & Restructuring

The Equus Group
Chicago, IL Full Time
POSTED ON 12/11/2025 CLOSED ON 1/9/2026

What are the responsibilities and job description for the VP - Turnaround & Restructuring position at The Equus Group?

Overview

The Vice President (VP) of Turnaround & Restructuring plays a critical leadership role in managing complex financial, operational, and strategic challenges for underperforming or distressed organizations. This individual leads client engagements, drives analytical workstreams, and partners closely with senior executives, lenders, investors, and legal advisors to stabilize performance and create sustainable paths to recovery. The VP will serve as a trusted advisor, shaping recommendations and ensuring high-quality execution across all phases of a restructuring process.


Key Responsibilities

  • Lead day-to-day management of turnaround and restructuring engagements, ensuring strategic alignment, timely delivery, and high-quality client service.
  • Oversee teams conducting operational diagnostics, liquidity reviews, and performance assessments.
  • Direct detailed analyses including 13-week cash flow forecasts, liquidity modeling, financial statement reviews, and scenario analysis.
  • Evaluate business plans, capital structures, and restructuring alternatives.
  • Develop and implement turnaround plans, including performance improvement strategies, operational restructuring, and organizational right-sizing.
  • Support negotiations with creditors, lenders, investors, and other stakeholders.
  • Assist in preparing materials for boards, lenders, and legal advisors, including restructuring options, valuation implications, and recovery analyses.
  • Coordinate across functional teams to ensure transparency, alignment, and swift execution.
  • Manage sensitive and high-pressure situations with discretion and professionalism.
  • Mentor and guide associates and analysts; provide coaching on financial modeling, analytical frameworks, and client communications.
  • Support practice development activities, including recruiting, training, and knowledge-building initiatives.


Qualifications

  • Bachelor’s degree required
  • 5 years of experience in restructuring, turnaround consulting, investment banking, performance improvement, private equity, or related fields.
  • Strong command of financial modeling, cash flow analysis, liquidity management, and capital structures.
  • Experience working with distressed businesses, bankruptcy processes (Chapter 11), or out-of-court restructuring environments.
  • Exceptional communication skills, with the ability to simplify complex issues for executive audiences.
  • Proven ability to lead teams and manage multiple workstreams in fast-paced, high-stakes environments.
  • Strong client relationship management skills and professional presence.



The Equus Group is an Equal Opportunity Employer and takes pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion, or any other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, marital or veteran status, disability, or any other legally protected status.

Salary : $250,000 - $300,000

Business Development
VP Logistics -
Chicago, IL
Director, Restructuring
Alvarez & Marsal -
Chicago, IL
Partner- Bankruptcy and Restructuring
EisnerAmper -
Chicago, IL

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a VP - Turnaround & Restructuring?

Sign up to receive alerts about other jobs on the VP - Turnaround & Restructuring career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$163,347 - $283,345
Income Estimation: 
$178,246 - $319,071
Income Estimation: 
$138,544 - $205,079
Income Estimation: 
$182,497 - $259,882
Income Estimation: 
$220,587 - $322,370
Income Estimation: 
$218,963 - $344,133
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at The Equus Group

  • The Equus Group Chicago, IL
  • Job Summary Our client is seeking a highly motivated Loan Operations Specialist with approximately 3 years of experience supporting Collateralized Loan Obl... more
  • 4 Days Ago

  • The Equus Group Chicago, IL
  • Our client is a premier, fast-growing private investment firm based in Chicago. They are seeking a highly organized, proactive, and detail-oriented Executi... more
  • 5 Days Ago

  • The Equus Group Chicago, IL
  • About the Company Our client is a privately held, full-service real estate investment and development firm focused on creating distinctive retail, resident... more
  • 3 Days Ago

  • The Equus Group Chicago, IL
  • Company Overview: Our client is a private equity firm focused on investing in and building market-leading companies within the healthcare sector. The firm ... more
  • 12 Days Ago


Not the job you're looking for? Here are some other VP - Turnaround & Restructuring jobs in the Chicago, IL area that may be a better fit.

  • Lensa Chicago, IL
  • Lensa is a career site that helps job seekers find great jobs in the US. We are not a staffing firm or agency. Lensa does not hire directly for these jobs,... more
  • 6 Days Ago

  • Portage Point Partners Chicago, IL
  • Portage Point Partners (Portage Point) is a business advisory, interim management and investment banking firm intensely focused on the middle market. Our b... more
  • 18 Days Ago

AI Assistant is available now!

Feel free to start your new journey!