About the Opportunity

ReHealth Collaborative (RHC) is a stand-alone, not-for-profit entity formed to build toward the vision of offering debt and other financing products to non-profit organizations – supporting their capacity to sustainably operate and scale high-impact solutions that help to restore and/or improve the health and resilience of people, communities, and the environment. The primary goal of RHC is to direct concessionary capital to non-profit organizations with solutions that can meaningfully impact the lives and health of underserved populations in the United States. To date, RHC has been guided by an independent Board of Directors with contracted support.

Currently, RHC operates a single fund - the Family Focused Recovery (FFR) Fund - which is dedicated to supporting the growth of an evidence-based and high-impact program model that provides intensive substance use disorder recovery services for pregnant and parenting women – and that allows for the inclusion of their children in the therapeutic process.

Now poised to deploy its first round of capital through the FFR fund, RHC seeks to hire a dedicated President to lead the organization through this next phase of development, deal execution, and growth. Depending on the candidate, this may be a fractional role of no less than 75% time for the first year.

The ideal candidate will possess impact investing expertise, senior management experience, an entrepreneurial background, and a serious commitment to delivering positive social impact. This inaugural RHC President will be instrumental in both proving out the concept and vision of concessionary non-profit lending, and the long-term success of the FFR (and potentially other) funds, including overall portfolio performance. This role requires a creative and action-oriented individual with superior relational, analytic, sales, and communications skills.

In the near term (i.e., 12 – 18 months), the President will own responsibility for the following priority areas:

• Organizational Strategy, Structure & Governance: The ideal candidate will be highly entrepreneurial and bring experience building and/or leading a new organization, including the ability to establish and execute a short-term, strategic action plan inclusive of governance, core systems, processes, structures, and staffing models essential for success.

• FFR Fund Deal Flow: The ideal candidate will have fund deployment experience and bring a strong understanding of deal timeline management and the necessary conditions for all parties in a transaction to proceed. Given the intended borrowers and focus of this fund, candidate should also have experience supporting non-profit organizations as they work to access financing – especially for capitalization of programs and services addressing the needs of low-income and underserved populations.

• Growth Prospecting & Planning: The ideal candidate will be responsible for achieving at least one of two growth paths:
  1) expansion of FFR Fund resources available for deployment to qualifying non-profit providers, and
  2) possible development of additional funds to be housed within RHC.
  As RHC has been operating with the hypothesis that several other powerful solutions delivered by non-profit organizations could benefit from truly concessionary and patient growth capital, the ideal candidate will be able to leverage their knowledge and networks to identify, diligence, and – if viable – develop a secondary fund for RHC growth. If objectives 1 and 2 are achieved within the initial contract term, there is an opportunity for the successful candidate to continue serving in the RHC president capacity for a third phase.

Essential Job Duties

• Lead the defining strategy and operations of ReHealth, ensuring the financial management, mission-delivery, and entrepreneurial evolution of this evolving entity.

• Establish and deliver: (1) governance and operating models, (2) investment strategies, (3) FFR Fund deal flow generation and oversight, (4) other due diligence activities, (5) sector assessment and network development, and (6) portfolio management.

• Establish and pursue strategy to monitor and assess external market trends, pressures and opportunities in service of improving the health and well-being of underserved individuals through concessionary capital.

• Establish, track, and oversee external outreach process, with a focus on the existing and prospective portfolio of loans/guarantees, provide thought leadership to enable stewardship of donors, and key stakeholders central to productive localized relationships.

• Collaborate with and be accountable to the Board of Directors – initially in its current form and potentially expanded in the future – and serve as responsible party for implementation and outcomes associated with short-term and longer-term strategies.

• Represent RHC and associated funds with sound judgment and integrity - both internally and externally.

• Continue to drive growth and impact of RHC’s existing (and potentially second) fund 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.

• Develop and execute a marketing strategy to raise awareness of the RHC generally, and the FFR Fund specifically.

• Lead business development and fundraising efforts to support acquisition of additional financial support for the FFR and potentially other fund(s).

Qualifications

• Must possess significant experience overall, ideally with concentrated time in the fields of social impact investing (preferably in health and social sectors), community development, and/or non-profit leadership.

• Ideally will have a material portion of work experience in entrepreneurial or start-up environments.

• Must have a strong knowledge of social determinants of health and commitment to promoting health equity.

• Ideally will possess familiarity with alternative payment models and an understanding of healthcare financing in the US.

• 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.

• Must have excellent communication skills, including the ability and savvy to successfully engage with high level healthcare leaders, investor community members, foundation leaders, and other key stakeholders.

• Must have supervisory experience managing direct reports and external consultants.

• Ideally will possess an existing network of philanthropic and social impact investors (institutional or individual) and be willing to leverage for the benefit of RHC.

• Highly organized manager with excellent interpersonal and project management skills.

• Fundraising and/or business development experience preferred.

Compensation & Benefits

This is a contract position with an initial term of 12-18 months; there is an option to extend depending on performance in the role.

As this may be a full-time or fractional time role for the first 12 months, the negotiated salary will be commensurate with candidate qualifications and percent time. This position has a base prorated salary range of $135,000 - $200,000 (assuming 75 % time), depending on candidate experience and qualifications.

Position Application Closed: We Are No Longer Accepting Applications For This Role