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Restructuring Jobs in Detroit, MI (NOW HIRING)

Huntington

Sr Financial Recovery Rep (SBA)

Detroit, MI · On-site +1

$70K - $140K/yr

Responsibilities include analyzing financial plans, negotiating loan collection, or restructuring, and recommending/overseeing litigation, liquidation or charge off-of loan. Works with moderately ...

Deloitte

Manager, Indirect Tax - Property Tax

Detroit, MI · On-site

$109K - $144K/yr

Analyzing property tax considerations and/or the potential impacts related to business restructuring or due diligence projects. * Performing in-depth reviews of complex property tax returns.

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All JobsRestructuring JobsRestructuring Jobs in Detroit, MI

Restructuring information

See Detroit, MI salary details

$17

$31

$50

How much do restructuring jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for restructuring in Detroit, MI is $31.63, according to ZipRecruiter salary data. Most workers in this role earn between $25.00 and $34.52 per hour, depending on experience, location, and employer.

What are some common challenges faced by professionals working in restructuring roles, and how can they best prepare for them?

Professionals in restructuring often face tight deadlines, high-pressure situations, and the need to balance competing interests of various stakeholders, such as creditors, management, and employees. Adapting to rapidly changing circumstances and developing creative solutions for complex financial and operational issues are essential. Building strong analytical skills, staying current with industry trends, and fostering effective communication and negotiation abilities can help restructuring professionals navigate these challenges successfully.

What is a restructuring professional?

Restructuring professionals are experts who help organizations facing financial difficulties or significant operational challenges. They work with companies to reorganize their business structures, manage debts, improve cash flow, and sometimes facilitate mergers, acquisitions, or sales of assets. Their goal is to stabilize the business, preserve value for stakeholders, and guide the company back to profitability or an orderly resolution. Restructuring professionals often have backgrounds in finance, accounting, law, or management consulting. They play a critical role during periods of corporate distress, working closely with company leadership, creditors, and sometimes courts.

Does restructuring pay well?

Restructuring professionals, such as financial or corporate restructuring specialists, often earn competitive salaries that vary based on experience, location, and industry. Senior roles or those with specialized skills in finance, negotiation, and project management tend to have higher compensation, with some earning six-figure salaries. Bonuses and performance incentives are also common in this field.

What is a restructuring job?

A restructuring job involves helping organizations reorganize their operations, finances, or management to improve efficiency or address financial difficulties. Professionals in this field analyze company structures, develop strategic plans, and may use financial modeling tools to implement changes, often working closely with executives and stakeholders.

What are the key skills and qualifications needed to thrive as a restructuring professional?

To thrive as a Restructuring professional, you need a strong background in finance, accounting, and business strategy, often supported by a relevant degree and experience in corporate turnaround or insolvency. Familiarity with financial modeling tools, legal frameworks for bankruptcy, and certifications such as CPA or CFA are highly beneficial. Excellent problem-solving abilities, negotiation skills, and clear communication help to manage stakeholders and drive consensus during challenging transitions. These skills are crucial for successfully guiding organizations through financial distress and achieving effective restructuring outcomes.

What is the difference between Restructuring vs Financial Analyst?

AspectRestructuringFinancial Analyst
Required credentialsTypically CPA, CFA, or similar certifications; relevant industry experienceBachelor's degree in finance, accounting, or related field; often CFA or CPA preferred
Work environmentConsulting firms, corporate restructuring departments, or turnaround specialistsCorporate finance departments, investment banks, or financial services firms
Employer and industry usageUsed in distressed situations, mergers, or reorganizationsUsed for financial planning, analysis, and investment decision-making

Restructuring professionals focus on reorganizing companies facing financial distress, often working in consulting or corporate settings. Financial Analysts analyze financial data to support investment and business decisions. While both roles require strong financial skills, restructuring emphasizes turnaround strategies, whereas Financial Analysts focus on data analysis and forecasting.

Restructuring jobs near you
Infographic showing various Restructuring job openings in Detroit, MI as of August 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 82% Physical, 10% Hybrid, and 8% Remote job distribution, with an average salary of $65,785 per year, or $31.6 per hour.

Sr Financial Recovery Rep (SBA)

Huntington

Detroit, MI • On-site, Remote

$70K - $140K/yr

Full-time

Medical, Life, Retirement, PTO

Posted 4 days ago

Job description

Description

Summary:

The Sr Financial Recovery Rep (SBA) develops resolution strategy on classified (special asset) loans to minimize losses on current Business Banking or commercial loan portfolio. Responsibilities include analyzing financial plans, negotiating loan collection, or restructuring, and recommending/overseeing litigation, liquidation or charge off-of loan. Works with moderately large and complex loans. May coach less experienced employees.

Duties & Responsibilities:

  • Develops resolution strategy on classified (special asset) loans to minimize losses on current loan portfolio.
  • Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation or charge-off of loan.
  • Works with business line loan officers to manage non-pass rated borrowing relationship.
  • Adheres to bank policies and procedures and complies with legal and regulatory requirements.
  • Accountable for risk management, compliance, and audit performance for area(s) of responsibility whether a supervisor, manager, or individual contributor.
  • Establishes or works with management to develop effective controls and processes to ensure risks are measured, monitored, and controlled and compliance requirements are adhered to on an on-going basis.
  • If applicable, ensures staff is properly trained, provided with appropriate resources, and motivated to adhere to risk management principles.
  • Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
  • Performs other duties as assigned,

Basic Qualifications:

  • Bachelor's degree in business, finance or accounting or equivalent, relevant work experience 
  • A minimum of 3 years of experience in commercial/business banking underwriting, lending, or credit required

Preferred Qualifications:

  • Excellent written and verbal communication skills
  • Strong goal achievement orientation.
  • Strong attention to detail, sense of urgency, and ability and desire to provide Simply the Best Service to our clients are key in this position.
  • Ability to work independently in a deadline driven and goal-oriented team environment.
  • Basic working knowledge of PC applications  


Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$70,000-$140,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters:  Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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