[Skip to main content](#main-content) [ OpenNash ](https://opennash.com/) / [Jobs](https://jobs.opennash.com/) [ 01 Search jobs](https://jobs.opennash.com/search/)[ 02 Companies](https://jobs.opennash.com/explore/)[ 03 Hiring report](https://jobs.opennash.com/reports/hiring/)[ 04 AI assistants](https://jobs.opennash.com/connect/)[ 05 How it works](https://jobs.opennash.com/methodology/) Deutsche Bank · New York # Workout / Recovery Management Director - Director New York Full-time Director $170,000 to $275,500 Executive & Management Listed on Deutsche Bank’s official careers site. Posted November 3, 2026. Check that it is still open and apply there. [Apply on Deutsche Bank’s careers site →](https://db.wd3.myworkdayjobs.com/DBWebsite/job/New-York-1-Columbus-Circle/Workout---Recovery-Management-Director---Director_R0454431-1) [OpenNash Jobs](https://jobs.opennash.com/) / [Deutsche Bank](https://jobs.opennash.com/companies/deutsche-bank/) / Workout / Recovery Management Director - Director ## Job description ### Job Description Job Title Workout / Recovery Management Director Corporate Title Director Location New York, NY Overview As the Director on the Workout and Recovery Team, you will be a key member of Deutsche Bank’s Lending franchise, focusing on risk management for underperforming or distressed clients. You will work in close collaboration with Workout colleagues to analyze transactions from underperforming clients or in distressed situations; You will also manage a diversified portfolio and participate in regulatory audits. The role involves analyzing complex transactions, leading workout strategies, and ensuring compliance with credit policies and regulations. As a senior member of Workout / Recovery Management, you will lead the restructuring and resolution of complex, stressed and distressed corporate credit exposures; You will own case strategy and execution, apply independent judgment, constructively challenge stakeholders and deliver the best risk-adjusted outcome for the Bank. The role requires commercial discipline, clear recommendations and calm leadership where information is incomplete and stakeholder objectives conflict. ### What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaboration A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits Educational resources, matching gift and volunteer programs ### What You’ll Do Own complex distressed cases from diagnosis through resolution; develop and execute restructuring, refinancing, debt-sale, enforcement or insolvency strategies Assess business viability, cash flows, liquidity, enterprise and collateral value, debt capacity and capital structures; challenge borrower plans, forecasts and adviser assumptions. Compare base, upside and downside recovery scenarios, weighing timing, execution risk and additional funding or concessions to distinguish value-preserving support from delayed recognition of deterioration - Evaluate covenants, guarantees, security, cash-management and intercreditor arrangements with legal counsel to establish the Bank’s rights, leverage and alternatives - Lead negotiations with borrowers, sponsors, lenders and advisers; resist unsupported demands and artificial deadlines, balancing constructive compromise with credible contractual alternatives - Present clear, evidence-based recommendations to senior management and approval forums, distinguishing facts, assumptions and judgment and revising strategy as evidence changes - Maintain disciplined portfolio monitoring, decision records and governance; escalate deterioration promptly and ensure compliance with applicable credit, legal, regulatory and internal requirements ### How You’ll Lead - Provide senior case direction and respectful, robust challenge to internal and external stakeholders, including senior decisionmakers Coach Vice Presidents and junior colleagues in credit analysis, commercial judgment and negotiation; review the underlying case thesis, not just the presentation - Foster open challenge and timely escalation, demonstrate calm accountability under pressure and improve workout methodology and portfolio governance Skills You’ll Need Significant experience in corporate or leveraged credit, restructuring, special assets, workout or restructuring advisory, including complex distressed borrowers and capital structures - Demonstrated execution of restructuring and recovery strategies and negotiation with sophisticated borrowers, sponsors, lenders and legal advisers - Strong financial modeling, cash-flow forecasting, valuation and recovery analysis; ability to assess contractual rights and restructuring alternatives commercially and from a risk perspective Experience presenting complex or contentious recommendations to senior decision makers and credit committees. Success means quickly diagnosing deterioration, establishing realistic business value and recovery, identifying the Bank’s leverage and executing a defensible resolution strategy Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs Skills That Will Help You Excel Independent judgment, commercial instincts and ownership of difficult decisions Confidence to challenge consensus while remaining open to contrary evidence Clear written and verbal communication, disciplined prioritization and the ability to build effective working relationships without compromising the Bank’s interests Expectations It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in New York City is $170,000 to $275,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration. Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more! Learn more about your life at Deutsche Bank through the eyes of our current employees: [https://careers.db.com/life](https://careers.db.com/life) The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com. #LI-HYBRID We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act. ## At a glance - Posted by the employer: Nov 3, 2026 - First seen by OpenNash: Nov 10, 2026 - Last checked: Nov 10, 2026 - Listed for: 7 days - Location: New York - Employment type: Full-time - Pay: $170,000 to $275,500[Apply on Deutsche Bank’s careers site →](https://db.wd3.myworkdayjobs.com/DBWebsite/job/New-York-1-Columbus-Circle/Workout---Recovery-Management-Director---Director_R0454431-1) ## Hiring at Deutsche Bank - Open jobs: 1,125 - New in the last 7 days: After two weekly collections - Tracked since: Oct 13, 2026 [All Deutsche Bank jobs](https://jobs.opennash.com/companies/deutsche-bank/) · [Weekly hiring report](/reports/hiring/) ## More jobs at Deutsche Bank ### [Americas AFC Risk Appetite Reporting - Vice President](https://jobs.opennash.com/companies/deutsche-bank/jobs/aa5f07d41f027a958004/) New York ### [Capital Mangement Strats - Vice President](https://jobs.opennash.com/companies/deutsche-bank/jobs/40c9b37e9b486678ca29/) New York ### [Change & Execution Manager - Vice President](https://jobs.opennash.com/companies/deutsche-bank/jobs/f2f6556f2a3e536925ad/) New York ### [Director - GCC US Technology Coverage](https://jobs.opennash.com/companies/deutsche-bank/jobs/17a461d9b8a64bd7743e/) New York ### [Divisional Risk and Control Specialist – Cash Management](https://jobs.opennash.com/companies/deutsche-bank/jobs/aa7f28e733a6e1f892e0/) New York ## Similar jobs at other companies ### [Loan Workout Specialist](https://jobs.opennash.com/companies/wells-fargo/jobs/9ffc4ed02f8e255008d9/) Wells Fargo · Des Moines, IA ### [Senior Workout Officer - Special Assets (Full Time) - DFW](https://jobs.opennash.com/companies/prosperity-bancshares/jobs/d5094b1080acdd548cdc/) Prosperity Bancshares · Hempstead, TX, US ### [Senior Associate, Commercial Workout Officer - Remote](https://jobs.opennash.com/companies/santander/jobs/3687334de34aee2bf1e2/) Santander · REMOTE - New York ### [Loan Workout Officer](https://jobs.opennash.com/companies/pinnacle-financial-partners/jobs/e4aa19f1629dfdfd2e41/) Pinnacle Financial Partners · Columbus, Georgia, United States +1 more ### [Workout Officer II](https://jobs.opennash.com/companies/citizens-financial-group/jobs/2565633b73d5f6a8abf1/) Citizens Financial Group · United States [Executive & Management jobs](/functions/executive-management/) OpenNash lists jobs from employers’ own careers sites and does not handle applications. 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