System Manager Community Investments

3 weeks ago

Phoenix Arizona, United States CommonSpirit Health Full time
Overview:
CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to home-based care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before. Our communities need caring and our families need protection. With our combined resources CommonSpirit is committed to building healthy communities advocating for those who are poor and vulnerable and innovating how and where healing can happen both inside our hospitals and out in the community.

Responsibilities:
JOB SUMMARY / PURPOSE  

The Community Investment Program (“CIP”) is at the forefront of realizing the organization's mission of helping the most  vulnerable, and is committed to promoting the total health and health equity of communities. The CIP channels financial  resources to institutions or projects that address the social determinants of health in the form of below-market rate  loans to institutions and/or projects to promote access to jobs, housing, food, education, and health care for people in  low-income communities, with a particular focus on the communities we serve. The CIP currently has an allocation of up  to $400 million, of which approximately $250 million is either deployed or approved for deployment. 

 

The Community Investment Program Manager has primary accountability for sourcing and underwriting community  investments (subject to CIP policies and approval by the appropriate governing bodies), and supports and fosters partnerships and business relationships internally and externally, as relates to CommonSpirit Health’s successful  management of the CIP. The Program Manager leads the operations and portfolio management of existing loans  (approximately 100 currently in the portfolio) throughout all of CommonSpirit’s service territory.  

 

This position reports directly to the System Director, Investments within the Treasury Department. Internal contacts  include Treasury / Investments, Legal, Mission Integration, System office direct report, staff, and local Community  Health and Mission Directors and staff, CommonSpirit Health’s Community Investment Program Subcommittee, hospital  presidents, hospital/service area Community Health Directors, and hospital/service area Community Advisory Boards.  External contacts include community investment borrowers, community lenders, and community partners. The CIP  reports through a Community Investment Subcommittee, which is a standing Subcommittee of Finance Committee, and  is comprised primarily of external subject matter experts. CIP loans are approved by the Investment Subcommittee, as  the capital is deployed from CommonSpirit’s long-term investment reserves. This role works collaboratively with several  members of the investment team regarding CIP loan reviews as well as in exchanging input and recommendations on  various mission-aligned investment opportunities. 

Qualifications:
Required Education, Experience, and  Qualifications

Bachelor’s degree in accounting or finance or equivalent experience,  with demonstrated excellent analytic and communication experience  in working with community-based organizations 

7+ years of financial, underwriting, and/or banking experience. Understanding of finance and accounting principles in relation to  project budgets, purchasing and analysis of financial results; nonprofit  financial accounting and familiarity with community investing a plus. 

Demonstrated commitment to employee/contract development and  accountability to accomplish program objectives. 

Exceptional verbal and written communication skills, especially the  ability to communicate complex concepts to non-technical audiences,  are required.  

Decisiveness/Ability to make a quick assessment of the scope of an  opportunity or issue and provide options for action or resolution.

Ability to contribute to the implementation of Community Health  operational and strategic goals and objectives and ensure effective  collaboration to achieve goals and objectives. 

Demonstrated KPI and service level management experience. 

Proven ability to interact with people at all levels inside/outside the  organization to develop effective partnerships. 

Proven ability to work collaboratively across various levels of the  organization, with ability to build strong working relationships with  external partners and networks. 

Demonstrated excellent written skills, attention to detail, and ability  to work autonomously. 

Action-oriented; proven ability to adapt and adjust own views and  objectives in order to achieve defined goals. 

Demonstrated group facilitation skills and ability to lead meetings. Demonstrated ability to manage multiple projects simultaneously. 

Proficiency with Google docs, Google sheets, Google slides, Word,  Excel software; familiarity with Access database software.

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