VP/Managing Director

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Website American Heart Association


As we celebrate our Centennial year, we invite you to join us in shaping the next century of impact. Be a relentless force for a world of longer, healthier lives as we remain devoted to a future of health and hope for everyone, everywhere. At the American Heart Association, your contribution matters, and so does your career.

We are currently hiring for a Managing Director, Social Impact Fund. Location of the selected candidate is flexible provided the location allows for effective and cost-efficient travel.

The American Heart Association’s Social Impact Funds (including the Bernard J. Tyson Social Impact Fund and a set of related Funds – collectively “SIF”) comprise a social impact venture fund that has a mission to improve the health and well-being of individuals by addressing key social determinants of health. The SIF invests in a variety of organizations dedicated to improving and addressing health equity, health access, economic resilience, food insecurity and other social challenges that can stand in the way of good health. The SIFs invest in for-profit companies through equity and debt instruments, and also support a variety of non-profit entities through grants and loans. The primary goal of the SIF is to make a meaningful impact on the lives and health of underserved populations throughout the United States by supporting equitable, sustainable entrepreneurial innovations.

The Association offers many resources to help you maintain work-life harmonization through your changing needs and life situations. To help you be successful, you will have access to Heart U, our award-winning corporate university, as well as additional training and support, locally.

#TheAHALife is our company culture, our way of life, reflecting our diversity, equity & inclusion, our focus on work-life harmonization and our Guiding Values. Discover why you will Be Seen. Be Heard. Be Valued™ at the American Heart Association by following us on LinkedIn , Instagram , Facebook , X (formerly Twitter) , and at heart.jobs.


The Managing Director serves as the leader of the SIF program and team, reporting to the Managing Partner of American Heart Association Ventures.

The right candidate will possess venture capital and/or impact investing experience, an entrepreneurial background, and a serious commitment to delivering positive social impact. The Managing Director will be instrumental in the long-term success of the funds including driving strategy, portfolio company selection, leading the investment process, monitoring portfolio performance, advising portfolio companies and leading the SIF investment and support team.

The ideal leader will ensure the alignment of the Funds with the Association’s vision, mission, and values and will be responsible for collaborating with an interdisciplinary team of Executives, Social Impact Fund Governance Committee Members, American Heart Association Board leaders, national and local volunteers, and senior staff leadership to ensure the growth, implementation and measurement of the Funds. The Managing Director will also be instrumental in representing the Funds in support of fundraising activities led by the Association’s exceptional fundraising team.

This role requires an action-oriented individual with superior analytic and communications skills, both written and verbal. A key part of the job includes engaging with internal and external stakeholders nimbly, thoughtfully and with the utmost integrity.

Essential Job Duties:

  • Lead the operation and team of a key unit of the Association’s Ventures, ensuring the financial efficacy, mission-delivery and entrepreneurial evolution of this evolving entity within the Association’s; Responsible for applying a proven track record of success to developing new, creative, out-of-the-box strategies and solutions for complex problems.
  • Establish, organize and facilitate: (1) governance and operating models, (2) investment strategies, (3) prospecting, cultivating and del flow generation; (4) due diligence activities, (5) peer review process, and (6) portfolio management.
  • Drive strategy of the Fund to improve the health and well-being of individuals in under resourced communities addressing the social determinants of health.
  • Focus on external market trends and community solutions and possessing the ability to communicate market trends to internal and external stakeholders.
  • Convene and help to facilitate key volunteers and stakeholders as necessary in the business of the Fund; maximize meeting time utilization, ensuring meeting objectives are met and managed to desired outcomes.
  • Establish, track and oversee a broad spectrum of external outreach with a focus on the existing and prospective portfolio of grants/loans, provide thought leadership to enable stewardship of donors, and key stakeholders central to productive localized relationships.
  • Oversee collaboration, integration and accountability with Chief Executives, Social Impact Fund Governance Committee, the Association’s Board of Directors, and volunteer Business Solutions Oversight Committee on business and mission impact, achievement of milestones, and strategic plans. Develop short-term and long-term strategies and is responsible for overall implementation and outcomes.
  • Collaborate closely with the Association’s Center for Health Metrics and Evaluation to develop and track all key performance indicators (KPIs) and metrics for success; insuring appropriate process and outcome evaluation mechanisms are in place and reported out in a timely manner.
  • Local community experience in working with multiple partners to bring sustainable solutions to populations in greatest need.
  • Coordinate and execute a range of projects: Track and support the execution the disparate and various projects required to launch and sustain the Funds successfully.
  • Represent the Association’s Social Impact Funds with sound judgment and integrity both internally and externally.
  • Identify potential issues proactively: Timely escalation and resolution of mission-critical developments in a fast-moving environment.
  • Continue to drive growth and impact of the Funds: with a positive and problem-solving attitude, tackling a range of projects and issues as they arise in the dynamic and evolving start-up environment. Developing a diverse portfolio of sustainable and scalable community solutions.
  • Further evolve/develop and execute a marketing strategy in order to raise awareness of the Social Impact Funds and the Association’s efforts to improve the health of communities as well as drive participation from potential community partners and funders.
  • Must successfully lead a growing team as well as demonstrate leadership and agility in engagement of the community strategy managers and “matrix” management within the Association is a requirement.
  • Must successfully collaborate with business development and fundraising staff to build relationships and assist in the acquisition of additional financial support for the Association Social Impact Funds.
  • Lead implementation of operational plan including hiring, developing and motivating key leadership roles to execute and manage business, partnerships, and market penetration.
  • Develop models for partnerships and key stakeholder involvement for structure, planning and financial investment. Researches, identifies and recruits partner(s.


  • Must possess a minimum of five (5) years of experience in social impact investing and ten (10) years of venture capital and/or similar expertise with a proven track record of success in achieving impact.
  • Ideally will have at minimum of five (5) years of entrepreneurial or start-up experience.
  • Must have a minimum of ten (10) years of experience building and negotiating partnerships and alliances.
  • Must have a minimum of ten (10) years of experience collaborating with executives, steering committees, and expert advisors.
  • Must have a strong knowledge of and social determinants of health and commitment to promoting health equity.
  • Must have a strong working knowledge of evolving business models, financial models and impact investing tools and instruments (equity, debt, grantmaking, PRI, etc), as well as basic business financials.
  • Exceptional communication skills essential: must have the ability and savvy to successfully engage with high level leaders, portfolio company CEOs, investor community members, other stakeholders, fundraisers and media.
  • Supervisory experience managing direct reports and external consultants. In addition, must have a successful track record working in a “matrixed” management environment.
  • Relationship-building, partnership development, and program implementation and measurement experience are essential.
  • Ideally will possess an existing network of social investors (institutional or individual) and be willing to leverage for the benefit of the program.
  • Highly organized manager with excellent interpersonal and project management skills.
  • Fundraising and/or business development experience preferred.
  • Highly detailed, mission focused and team-oriented.
  • Exceptional ability to produce high-quality quantitative and qualitative work products under tight deadlines.
  • Travel is required (at least 25.

Compensation & Benefits

Salary minimum to the midpoint of the range is $149,100.00 to $212,200.00. Pay is commensurate with experience; geographic differentials to the pay range may apply.

The American Heart Association invests in its people. Here are the main components of our total rewards package. Visit Rewards & Benefits to see more details.

Compensation – Our goal is to ensure you have a competitive base salary. That’s why we regularly review the market value of jobs and make adjustments, as needed.
Performance and Recognition – You are rewarded for achieving success by merit increases and incentive programs, based on the type of position.
Benefits – We offer a wide array of benefits including medical, dental, vision, disability, and life insurance, along with a robust retirement program that includes an employer match and automatic contribution. As a mark of our commitment to employee well-being, we also offer an employee assistance program, employee wellness program and telemedicine, and medical consultation.
Professional Development – You can join one of our many Employee Resource Groups (ERG) or be a mentor/mentee in our professional mentoring program. HeartU is the Association’s national online university, with more than 100,000 resources designed to meet your needs and busy schedule.
Work-Life Harmonization – The Association offers Paid Time Off (PTO) at a minimum of 16 days per year for new employees. The number of days will increase based on seniority level. You will also have a total of 12 paid holidays off each year, which includes several days off at the end of the year.
Tuition Assistance – We support the career development of all employees. This program provides financial assistance to employees who wish to further their education and career in relation to their current duties and responsibilities, or for potential future positions in the organization.


Apply Now

To apply for this job please visit heart.jobs.

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