Community Investments Analyst

At the heart of CommonSpirit Health's ministry are the national office departments that provide the foundational support, resources, and expertise that empower local communities to focus on what they do best—caring for patients. Our teams bring together expertise in clinical excellence, operations, finance, human resources, legal, supply chain, technology, and mission integration.

Guided by our faith-based values, the national office fosters consistency, alignment, and innovation across CommonSpirit. By centralizing expertise and leveraging economies of scale, we enable each location to operate efficiently while maintaining flexibility to address unique local community needs. From advancing digital solutions to driving health equity, these departments extend the healing presence of humankindness everywhere we serve.

Overview
CommonSpirit Health, one of the nation’s largest health care provider systems, 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. The Community Investment Program (“CIP”) is at the forefront of realizing the organization's mission and channels financial resources to institutions or projects that address the social determinants of health, primarily in the form of below-market rate loans to institutions and/or projects. With an allocation of up to $400 million, of which approximately $260 million is either deployed or approved for deployment, the CIP promotes access to resources and services addressing health-related social needs to underserved populations in CommonSpirit Health’s communities.  

Job Summary / Purpose
The Community Investment Program Analyst works with the Community Investment Program Manager to champion and orchestrate all facets of an exceptional, nationally recognized place-based community investment program. This encompasses financial analysis and loan underwriting, participating in meetings with investees, relationship management, portfolio monitoring, impact measurement, business development, program operations, and process improvement. In addition to performing credit analysis, the Analyst maintains the operational excellence of the CIP through activities such as program and file maintenance, payment tracking, reporting, reconciliation, impact measurement and evaluation, and disbursements. This position reports directly to the Manager, Community Investments and collaborates with the Director, Investments as well as the Chief Investment Officer within the Treasury Department and other teams including Mission. This is a hybrid role based in San Francisco, CA, and the Analyst is expected to work from the San Francisco office a couple of days per week. There may also be occasional travel. 

Essential Key Job Responsibilities

• Financial Expertise and Evaluation: Assist in the rigorous credit and financial analysis of prospective investments and the portfolio. Support the preparation of analysis included in thoughtful, comprehensive credit memos that are shared with the CIP Advisory Council for recommendation and Investment Subcommittee for approval.
• Portfolio Management and Impact Evaluation: Monitor loan compliance and investment performance by reviewing investment reporting, creating borrower loan summaries, and managing upcoming maturities and related communications. Contribute to the development of an impact framework and spearhead impact analysis in collaboration with the Manager to report on the investment portfolio’s impact and financial performance.
• Operational Excellence: Enhance program efficiency through maintenance and improvement of investment and project management tools and processes. Support program operations through record maintenance, payment tracking, reporting, program reconciliation, and impact report reviews. Work closely with custodian Northern Trust and the Treasury team to proactively manage investment cash flows and address payment delinquencies. Assist in transaction closing and investment exit processes. Continually identify areas for improvement reflecting best practices.
• Strategic Collaboration and Relationships: Collaborate across departments like Treasury, Mission, local Markets, Corporate Communications, and Legal to ensure the smooth execution of transactions and development of materials to showcase the CIP’s achievements and impact. Support the development and maintenance of relationships with investees and other mission-oriented stakeholders.

Minimum Qualifications
Required Education, Experience, and Qualifications

• Bachelor’s degree in accounting or finance or equivalent experience, with demonstrated excellence in analytical and communication skills, particularly in working with community-based organizations.
• 2+ years of financial, underwriting, community investment, and/or banking experience. Nonprofit financial accounting and familiarity with community development finance and/or lending a plus. 
• Demonstrated experience with or commitment to the program's mission, objectives and desired outcomes a plus.
• Exceptional verbal and written communication skills. 
• Highly self-motivated, organized, and able to manage multiple workstreams. Strong attention to detail.
• Proficiency with Google docs, Google sheets, Google slides, Word, Excel software.