Managing Director, Bankruptcy & Workouts
legalist· Investment
About this role
Intro description:
Legalist is a tech-enabled alternative asset manager that uses proprietary data-driven origination to invest in uncorrelated legal and government-payment assets. Founded out of Y Combinator in 2016, Legalist manages over $1.7 billion for endowments, foundations, and family offices.
Legalist is seeking a Managing Director, Bankruptcy & Workouts to lead restructuring, workout, and distressed investment efforts across the platform. This is a high-impact, cross-functional role working closely with senior leadership to protect capital, drive recoveries, and navigate complex legal and financial situations.
Responsibilities:
- Lead bankruptcy, restructuring, and workout situations across investment portfolios
- Develop and execute recovery strategies, including litigation, negotiation, and restructuring pathways
- Step into complex or adversarial situations to protect Legalist’s position as a creditor or investor
- Partner with investment teams to address distressed or at-risk positions
- Evaluate distressed and special situations investment opportunities
- Manage external counsel and advisors in high-stakes matters
- Identify early warning signs and proactively mitigate risk
Qualifications:
- JD preferred
- 8–15+ years of experience in bankruptcy, restructuring, or distressed/special situations investing
- Background in a top law firm and/or distressed investment platform
- Deep expertise in U.S. bankruptcy law and creditor rights
- Strong commercial judgment and ability to operate across legal and investment considerations
- Proven ability to manage complex, high-pressure situations
Preferred Qualifications:
- Experience across multiple asset classes or investment strategies
- Familiarity with litigation finance or legal asset investing
Frequently Asked Questions
Is the salary disclosed for the Managing Director, Bankruptcy & Workouts position at legalist?
The salary for this Managing Director, Bankruptcy & Workouts role at legalist is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Is the Managing Director, Bankruptcy & Workouts job at legalist remote?
Yes, this Managing Director, Bankruptcy & Workouts position at legalist is remote, with team members based in Remote, United States. You can work from home or anywhere in the supported regions.
Which team or department does the Managing Director, Bankruptcy & Workouts at legalist belong to?
This Managing Director, Bankruptcy & Workouts position is part of the Investment department at legalist. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Managing Director, Bankruptcy & Workouts position at legalist?
Click the "Apply Now" button on this page. You will be redirected to legalist's official application portal hosted on greenhouse where you can submit your application directly.
When was the Managing Director, Bankruptcy & Workouts job at legalist posted?
This Managing Director, Bankruptcy & Workouts position at legalist was posted on Apr 21, 2026. Apply as soon as possible — early applications are often reviewed first.
Managing Director, Bankruptcy & Workouts
legalist
You'll be redirected to legalist's official application page on Greenhouse.