Restructuring Specialist

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Role overview

Investec is seeking a dedicated and experienced Restructuring Specialist to join our Restructuring & Recoveries team. In this pivotal role, you will be responsible for managing distressed and legacy exposures across the Bank, leading restructuring transactions to achieve optimal outcomes. This position is central to our strategy of supporting clients through challenging situations while aligning with our commitment to integrity and fairness.

Team description

The Restructuring Team is tasked with leading and supporting strategy, renegotiation, and restructuring deal execution for Stage 2 and Stage 3, as well as Legacy exposures. We bring expertise to both solvent and insolvent situations where Borrowers are underperforming, negotiating amendments, additional credit support, or other solutions as necessary. Additionally, we oversee the wind-down of Legacy books, including Marine, Australia, and Global Resources. The Recoveries Team shares a similar role for property-related and fixed asset exposures across the Bank.

Key responsibilities

• Lead client-facing restructuring transactions to drive best-in-class outcomes for Stage 2, Stage 3, and Legacy exposures within IBP and subsidiaries.
• Manage Legacy exposures, ensuring effective risk management, accurate reporting, and strong stakeholder engagement with Risk, Finance, Auditors, and Origination Teams.
• Conduct regular reviews of each originating desk's portfolio to assess material risk changes.
• Assist deal teams with distressed positions, restructurings, or portfolio disposals as required.
• Collaborate with desks to manage and forecast impairments, working closely with the credit function.
• Represent Restructuring & Recoveries in the Bank's Watchlist process and IDC, supporting IBP's distressed asset management policy.
• Contribute to the management and evolution of the Bank's distressed asset management procedures, driving best practices across origination teams and risk.
• Engage with the Bank's auditors and regulators regarding distressed asset management procedures and individual exposures.
• Support the development and effectiveness of the Restructuring & Recoveries team by sharing best practices and fostering a high-performance culture.

Core skills ad knowledge

• A commitment to integrity and the philosophy of treating customers fairly.
• In-depth knowledge of restructuring and insolvency processes.
• Extensive experience in multi-party restructuring negotiations across various jurisdictions and asset classes.
• Strong understanding of the European and UK lending market, including approaches of other market participants to restructuring.
• Advanced negotiation skills and credit analysis expertise.
• Familiarity with Investec's internal processes.

Any other attributes that would be helpful, but not essential for the role

• A robust network of relationships with individuals and institutions within the restructuring and insolvency market.
• Experience in a relevant financing and/or advisory team within a bank, fund, sponsor, or advisory firm.

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

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