Director of Debt & Investments

Location Detail: 100 Pearl Street Hartford (10484)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 beyond—enhancing 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 hospitals—including two tertiary-level teaching hospitals, an acute-care community teaching hospital, an acute-care hospital and trauma center, and three community hospitals—to 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 Model—bringing 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 SummaryThe 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 goalsKey AccountabilitiesLead 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 requirementsManage relationships with rating agencies, underwriters, and financial advisors ensuring timely and accurate communicationMonitor covenant compliance, interest rate exposure, and refinancing opportunitiesCoordinate activities with Outsourced Chief Investment Officer (OCIO) relating to reporting and administrative activities of endowment, defined benefit pension and captive investmentsMonitor performance of OCIO and ensure adherence to investment policy statementsEvaluate and execute funding of investments in healthcare venture funds and direct investments in early to late-stage startup companiesMonitor portfolio and warrant performance and report on strategic investment outcomes to senior leadershipUtilize platforms such as Backstop, Canoe, and Carta for investment tracking, reporting, and analysisCollaborate with internal stakeholders to align investment strategies with long-term financial and strategic goalsSupervise administrative processes for both investment and debt functionsIdentify and mitigate financial risks related to debt and investmentsQualificationsBachelor’s degree in Finance, Economics, Accounting, or related fieldTen plus years of progressive experience in debt issuance and investment management, preferably in a non-profit or healthcare settingNon-profit debt issuance (tax-exempt bonds, private placements)Endowment and pension fund managementStrategic investment planning and asset allocationVenture capital and direct investments in early-stage companiesExperience collaborating with investment committeesAbility to effectively plan, manage and prioritize multiple projects at a variety of stagesStrong analytical and organizational skillsStrong problem solving and strategic thinking abilitiesEffective written and verbal communication skillsAbility to work independently and in a fast-paced team environmentWe 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.