Investment Associate-Ventures

Intermountain Health•Dayton, OH

4d•Hybrid

About The Position

The Investment Associate supports Intermountain’s mission and vision by fostering commercial innovations that can transform healthcare at Intermountain and beyond. The role supports the Intermountain Ventures investment team, focusing on deal sourcing, market research, and due diligence. It is an enterprise-wide position that coordinates with counterparties and stakeholders within Intermountain Healthcare and external organizations, including venture capital and private equity firms, technology companies, corporations, investment banks, investors, asset management firms, academic organizations, strategic partners, and subject-matter experts. The position reports to managing directors and partners, with additional work supervision from a venture principal. The role sources and screens deals, conducts industry and competitive research, drafts opportunity and investment memoranda, performs financial and valuation analysis, builds detailed financial models, and supports due diligence and transaction documentation. It also helps manage portfolio companies after investment, assesses risks, supports funding and exit decisions, represents fund activities externally, maintains accurate data and reporting, reviews investment analyst work, and contributes to other Intermountain Ventures projects as needed. The schedule is Monday through Friday, with Mondays onsite at Key Bank Tower in Salt Lake City and Tuesday through Friday remote. The position is scheduled for 40 hours per week.

Requirements

Bachelor’s degree from an accredited institution; degree will be verified.
Two years of experience at a major venture capital firm, consulting firm, or investment bank.
Strong Word, Excel, and PowerPoint skills.
Strong understanding of research, presentation development, and valuation methodologies.
Strong written and verbal communication skills.
Strong financial modeling skills.
Experience balancing multiple projects and priorities and moving quickly in a fast-paced environment.
Experience teaming with system stakeholders to identify needs and opportunities and source solutions.
Demonstrated technical and analytical skills.

Nice To Haves

Master of Business Administration (MBA) or another related field, such as Finance, from an accredited institution; degree will be verified.
Five years of experience in asset management, corporate or business development, financial services, investment banking, mergers, acquisitions or divestitures, venture capital, or management consulting.
One year of analyst experience is preferred.

Responsibilities

Source and screen deals, conduct research, and perform due diligence.
Perform industry and competitive research and draft opportunity memoranda.
Collaborate with the evaluation team to recommend potential pilots and evaluate their financial opportunities.
Identify potential new investment opportunities under the direction of the senior investment team.
Conduct research and interviews with company management, financial sponsors, industry participants, and company customers and clients.
Perform valuation analysis using comparable-company data, proprietary financial models, and, where applicable, discounted cash flow analysis.
Construct detailed financial models addressing capital structure, purchase price, adjustments, and sensitivities to economic conditions.
Collaborate with the implementation team and internal stakeholders to assess potential risks and synergy opportunities.
Work with legal counsel on legal due diligence and transaction-related closing items.
Draft investment memoranda and ongoing portfolio company updates.
Assist with post-investment portfolio company management, conduct risk assessments, and escalate identified risks to leadership.
Support additional funding decisions and exit strategy analyses.
Represent fund-related activities externally, attend industry conferences and related events, and network with investment firms to source deals.
Enter and update activities in Salesforce, Workfront, and other databases; keep data current for weekly reporting and support weekly and monthly performance reporting.
Review investment analyst opportunity memoranda, financial models, and investment memoranda and provide feedback, as applicable.
Support additional Intermountain Ventures projects as needed.