Director of Debt & Investments

Director of Debt & Investments

Work where every moment matters. Every day, more than 40,000 Hartford HealthCare colleagues come to work with one thing in common: Pride in what we do, knowing every moment matters here. We invite you to become part of Connecticut's most comprehensive healthcare network. Hartford HealthCare is transforming healthcare across Connecticut and beyondenhancing access, affordability, health equity, and excellence. Spanning 500 locations across 185 towns and cities, our comprehensive care-delivery system is built to serve every community, every day. From world-class hospitalsincluding two tertiary-level teaching hospitals, an acute-care community teaching hospital, an acute-care hospital and trauma center, and three community hospitalsto an expansive network of behavioral health services, multispecialty physician groups, urgent and virtual care, surgery centers, home care, senior care, rehabilitation, and mobile neighborhood health programs, Hartford HealthCare is there when and where it matters most. We touch the lives of nearly 28,000 people every single day, delivering unparalleled care through our unique Institute Modelbringing together leading experts in neuroscience, cancer, digestive health, heart and vascular care, orthopedics, and urology & kidney health to provide a unified, high standard of care at the most affordable cost.

Position Summary: The Director of Debt and Investments is responsible for managing the organization's debt portfolio and strategic investments, ensuring alignment with financial objectives and long-term sustainability. The Director oversees debt issuance for capital projects, coordinates activities with Outsourced Chief Investment Officer (OCIO) for endowment, pension and captive investments, including strategic investment initiatives, such as healthcare venture funds and direct investments in early-stage companies. The Director ensures compliance with financial regulations and handles administrative functions related to these areas, ensuring smooth operations and alignment with organizational goals.

Key Accountabilities:

• Lead planning, structuring, and issuance of debt for capital projects, including tax-exempt and taxable bonds.
• Lead debt-related financial modeling and scenario analysis.
• Monitor compliance with debt covenants and regulatory requirements.
• Manage relationships with rating agencies, underwriters, and financial advisors ensuring timely and accurate communication.
• Monitor covenant compliance, interest rate exposure, and refinancing opportunities.
• Coordinate activities with Outsourced Chief Investment Officer (OCIO) relating to reporting and administrative activities of endowment, defined benefit pension and captive investments.
• Monitor performance of OCIO and ensure adherence to investment policy statements.
• Evaluate and execute funding of investments in healthcare venture funds and direct investments in early to late-stage startup companies.
• Monitor portfolio and warrant performance and report on strategic investment outcomes to senior leadership.
• Utilize platforms such as Backstop, Canoe, and Carta for investment tracking, reporting, and analysis.
• Collaborate with internal stakeholders to align investment strategies with long-term financial and strategic goals.
• Supervise administrative processes for both investment and debt functions.
• Identify and mitigate financial risks related to debt and investments.

Qualifications:

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• Ten plus years of progressive experience in debt issuance and investment management, preferably in a non-profit or healthcare setting.
• Non-profit debt issuance (tax-exempt bonds, private placements)
• Endowment and pension fund management
• Strategic investment planning and asset allocation
• Venture capital and direct investments in early-stage companies
• Experience collaborating with investment committees
• Ability to effectively plan, manage and prioritize multiple projects at a variety of stages
• Strong analytical and organizational skills
• Strong problem solving and strategic thinking abilities
• Effective written and verbal communication skills
• Ability to work independently and in a fast-paced team environment

We take great care of careers. With locations around the state, Hartford HealthCare offers exciting opportunities for career development and growth. Here, you are part of an organization on the cutting edge helping to bring new technologies, breakthrough treatments and community education to countless men, women and children. We know that a thriving organization starts with thriving employees-- we provide a competitive benefits program designed to ensure work/life balance. Every moment matters. And this is your moment.

Regular Standard Hours Per Week: 40 Schedule: Full-time (40 hours)