Experienced Hire

Restructuring & Insolvency Manager, Financial services

London
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Location:
London
Job ID:
R1035269
Job type:
Permanent
Time type:
Full time
Job ID:
R1035269
Categories:
Deals Advisory & Consulting
Job type:
Permanent

Alternatively, Grant Thornton

At Grant Thornton we do things differently - looking to the future, driving ambitious growth and pioneering positive change in our industry. Providing audit, tax and advisory services, we empower clients through strategic insight, curiosity, and genuine partnership. And we empower our people with real opportunity, an inclusive culture and work life balance. A true alternative.

With over 5,000 people in the UK, and a presence in 150 global markets, we're on an ambitious journey, from great to exceptional, and we need the best people to help us achieve our potential. And with that comes the opportunity to help redefine what our industry looks like, and what you want from your career.

Job Description:

Grant Thornton’s well established Financial Services Restructuring & Insolvency team (FSR&I) specialise in supporting firms in the financial services sector navigate periods of stress and distress by providing restructuring and insolvency services. 

 

We help lenders, investors and management teams with challenging situations arising from financial or operational issues which may be driven by changing market conditions or regulatory intervention. Our expertise includes turnaround services, restructuring solutions, wind down and contingency planning, business reviews and formal insolvency appointments. 

 

The FSR&I team support a wide range of financial services firms, including insurers, brokers, clearing banks, e-money and payment service providers, funds, and investment managers, among others. In recent years, the team has worked on some of the largest and high-profile assignments, including Greensill Capital, Small World UK, Artis Loanco, Loans at Home, Wonga, Brighthouse and CashEuroNet as well as a number of confidential engagements across the financial services sector. 

 

You will work as part of a diverse team who are passionate about understanding the issues that are important to our clients. The constantly evolving financial services landscape calls for a proactive approach, so you will need to push ideas harder and ask the difficult questions to give clients the assurance they need to support them through challenging periods of their lifecycle. 

 

A look into the role

As a Manager in the team, you will:

Own your own work 

  • You will be responsible for delivering on a portfolio of case work
  • You will have junior team members working with you and for you on case or advisory assignments and therefore need to manage team members effectively. 
  • Hands on experience in the different aspects of restructuring advisory and formal insolvency appointments, with a variety of FS clients   
  • You will spend time undertaking financial analysis, contingency planning, trading insolvencies and investigations work on the cases you're supporting on and communicating this with key stakeholders, including senior team members, solicitors and other professional advisers etc 
  • You will also compile reports, undertake financial analysis of documentation received, prepare strategy notes and risk documentation as well as statutory work in support of insolvency appointments (e.g. reporting, receipts and payments, billings management) 
  • The FSR&I team have a number of sub-sector focuses (e.g. digital assets, e-money, insurers, banks, consumer credit, international) where you will support with research on potential opportunities, identifying targets and keeping up to date with sub-sector specific developments 
  • You will assist the team in preparing and pitching for new assignments 
  • You will take responsibility for compliance, budgets, and billing, providing a timely and profitable service in accordance with the highest professional standards and contributing to the continued growth and development of the department. 
  • Understands and applies best practice regarding departmental procedures, risk management, compliance and take on processes

 

Build your brand 

  • Starts contributing to the department's marketing efforts including attending events, suggesting new initiatives, organising events, following up targets and contacts. 
  • Begins to understand and demonstrate an understanding of the market and current developments (both work givers and competitors). 
  • Builds a good network of contacts both internally and externally and maintains these contacts. 
  • Contributes to internal and external presentations for both the department and the firm. 
  • Understands the services of Grant Thornton and is able to spot cross selling opportunities. 

 

Other responsibilities 

·       Maintains impetus on progressing projects and delivers on those projects. 

·       Balances conflicting demands and removes obstacles to achieving results. 

·       Deals with difficult and complex problems  

 

Joining us as a Manager, the minimum criteria is:

  • You must be a qualified accountant (ACA/ACCA) for this role. 
  • Open to furthering your knowledge of the UK insolvency regime by completing CPI / ICAEW Certificate of Insolvency Qualification 

It would be great if you had some of the following skills, but don’t worry if you don’t tick every box, we’ll help you develop along the way.

  • Desire to expand your knowledge of the UK’s financial services sector 
  • Strong communication skills and ability to work both autonomously and as part of a team 
  • Ability to adapt to evolving situations and operate in a fast-moving environment 

 

Knowing that you’re right for us 

We’ve set ambitious growth targets for the firm, and we need the right people to help us achieve these. We’re looking for people who will bring ambition and drive to their role. In changing markets, we need to be able to work at pace and be adaptable to change and to be curious, asking questions of ourselves, each other and our clients to ensure we are delivering the services and quality we expect. 

How we work 

We have a trust-based way of working at Grant Thornton, driven by responsible people who have the best interests of our firm and our clients at heart. Our teams work between our offices, client sites, at their homes. As a Manager, in-person working is important and is a great way to help you learn even more about our team and the work we do, as well building relationships and connections with your peers.  

 

Knowing we’re right for you 

The culture at Grant Thornton is what sets us apart, we’re known for our inclusive culture and creating environments where all our people can flourish. The things that set you apart, we value them, and this helps us all to perform at our best.  Our values are the unwavering principles that shape our daily behaviours and decisions, alongside our drive to do the right thing. We’re looking for people who align with our values and are purposefully driven, actively curious and candid but kind.  

It’s not just about our culture and values, in additional to a competitive salary and reward package, you’ll also get: 

  • Tailored development programmes and access to coaching  

  • Flexible bank holidays – allowing you to celebrate the days that are important to you  

  • Benefits including pension, life assurance and private medical, additional holiday purchasing and health benefits 

  • Any benefits giving you access to shopping discounts, gym memberships, financial advice  

And more. Visit our benefits section to read more.  

 

Beyond the job 

Life is more than work. Our framework for how we work outlines our approach to agile working, and together with your people manager and team, you’ll decide the best way of working, for your clients, your team and for you.

Come to where you’ll learn more, where you won’t limit yourself, and where you’ll discover exactly what you’re capable of. We’re looking for people who want to contribute, spark fresh ideas and go beyond expectations. People who want to be able to proudly do what’s right, for the firm, our clients, our people and themselves. It’s how it should be. Choose Grant Thornton

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