Director of Place Based Investments

Intermountain Health • Dayton, OH

10d • $90 - $140 • Hybrid

About The Position

The Director of Place Based Investments oversees place-based investments across Intermountain Health's service areas and reports to the VP of Community Health with a dotted line to the Chief Investment Officer. This leader engages with community leaders and Intermountain Health executives, including borrowers, applicants, and various external organizations. The leader manages Intermountain Health's place-based investment program, working with departments like System Treasury, Legal, Philanthropy, Community Health, and Finance to provide strategic direction. This role is preferably based within the Intermountain market areas (Utah – preferably in the Salt Lake area, ID, NV, MT or CO) to strengthen collaboration, visibility, and alignment with enterprise initiatives. We may consider a remote model with monthly travel to Utah required.

Requirements

• Bachelor's Degree in business administration, finance, or accounting required.
• Demonstrated track record of financial and communication skills, partnership development, and working successfully with community-based organizations.
• Demonstrate outstanding verbal and written communication skills and financial skills.
• Demonstrated ability to work closely with diverse groups of internal and external constituents to foster partnerships and to achieve program goals within a large, diverse organization.
• Demonstrate strong organizational skills and commitment to provide high-quality services.
• Demonstrate strategic thinking skills with the ability to consider long-term goals and assess options and their implications.
• Program Design
• Program Evaluation

Nice To Haves

• Master's Degree is preferred.
• Five years prior experience in a leadership role within a matrixed organization, with frequent interactions with senior leaders and community health improvement
• Prior leadership experience in banking and/or finance.
• Ability to mobilize diverse groups with varied interests towards the achievement of specific organizational goals.
• Demonstrated experience leading a portfolio dedicated to impact investing with successful return rates.
• Experience in and knowledge of investment strategies.
• Ten years of experience in place-based investment work.

Responsibilities

• Designs and implements an effective place-based investment program that is focused on supporting Intermountain's initiatives and priorities to address social determinants contributing to poor health.
• Designs a strategic framework to ensure alignment with system and geographic Community Health Needs Assessments and system priorities and key performance indicators related to health improvement.
• Stays current with industry best practices and innovations around place-based investing as a tool for community health improvement.
• Develops strategies and tools to assess the risk and return on investment for place-based investing.
• Activates the community health team and geographic leaders around sourcing opportunities.
• Stays current with legal, tax, accounting, investment, and regulatory requirements associated with place-based investing; complies with these requirements; and protects the reputation and financial assets of Intermountain allocated for place-based investing.
• In collaboration with marketing or communications, develops communication and educational materials that support place-based investment activities and promotes and communicates Intermountain’s investment in our communities through place-based investing.
• Upholds the best interests of Intermountain by adhering to the highest standards of ethical conduct and acting consistent with the values and mission of Intermountain.
• Establishes partnerships with other funding or investing organizations within Intermountain Health's service area and nationally.
• Seeks opportunities to increase the knowledge of Intermountain's management and system and local boards regarding Intermountain's place-based investment initiatives.
• Builds a sourcing pipeline and identifies investments for consideration that will provide both a financial return and a social determinant of health impact, improving the health and well-being of the community.
• Builds and maintains a strong network of local place-based investing partners, including financial institutions and Community Development Finance Institutions (CDFI), and manages the application process.
• Coordinates requests and applications for investment funds by external organizations.
• Reviews proposals and credit memos and oversees due diligence for recommended investments.
• Develops new place-based investment strategies and policy initiatives to guide the program.
• Serves as staff liaison and support for governance activities and approvals as needed.

Benefits

• Annual Pay for Performance (AP4P) Plan
• Sign-on bonus
• Relocation assistance
• Comprehensive benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

What This Job Offers

• Job Type: Full-time
• Career Level: Director