# Director of Place Based Investments

**Company**: Intermountain Health
**Location**: Salt Lake City, Utah
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Salary**: $90.49 - $139.67 per hour
**Category**: Finance
**Industry**: Healthcare

**Apply**: https://imh.wd108.myworkdayjobs.com/en-US/IntermountainCareers/job/Key-Bank-Tower/Director-of-Place-Based-Investments_R180367?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_81023dd0-e14

## Description

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 organisations.

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.

**Essential Functions**

- 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 organisations 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 organisations.

- 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**

- Participate in the Annual Pay for Performance (AP4P) Plan

- Generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness

**Requirements**

- Bachelor's Degree in business administration, finance, or accounting required. Master's Degree is preferred.

- Demonstrated track record of financial and communication skills, partnership development, and working successfully with community-based organisations.

- Outstanding verbal and written communication skills and financial skills.

- Ability to work closely with diverse groups of internal and external constituents to foster partnerships and to achieve program goals within a large, diverse organisation.

- Strong organisational skills and commitment to provide high-quality services.

- Strategic thinking skills with the ability to consider long-term goals and assess options and their implications.

## Skills

### Required
- Fund Management
- Program Design
- Regulatory Knowledge
- Network Development
- Ethics
- Investment Sourcing
- Educational Outreach
- Communication
- Philanthropy
- Decision Making
- Community Health Improvement and Outreach

### Nice to have
- Prior leadership experience in banking and/or finance
- Experience in and knowledge of investment strategies
- Ten years of experience in place-based investment work

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Source: [Apply at imh.wd108.myworkdayjobs.com](https://imh.wd108.myworkdayjobs.com/en-US/IntermountainCareers/job/Key-Bank-Tower/Director-of-Place-Based-Investments_R180367?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)