Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums, and bonuses as applicable, and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.
Job Summary
As a not-for-profit organization, Mass General Brigham (MGB) is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, MGB supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.Investment Office General Overview
Mass General Brigham’s Investment Office manages more than $25 billion for MGB, invested primarily via partnerships with third party investment management firms. Strategies in the portfolio include private equity, venture capital, long-only equities, long/short equities, and real assets investments. Our goal is to generate excellent long-term risk adjusted returns to support MGB’s mission to improve the lives and health outcomes of patients globally.
The Investment Office offers a collaborative, team-oriented environment. We strive to be nimble in our pursuit of exceptional investment opportunities, as well as our support of world-class investment partners. This is a hybrid position based in Boston/Somerville, MA.
Qualifications
Investment Director Job Description
The Investment Office is looking to hire an Investment Director to join our generalist investment team. This position offers a unique opportunity to have an outsized impact on a $25+ billion investment portfolio serving the long-term operations of a renowned healthcare institution.
We employ an endowment-style approach to investing, in which we partner with external investment managers to access the most attractive investments globally. Our work entails underwriting both these managers and the assets in their portfolios. MGB’s long-duration capital, scaled capital base, partnership-oriented approach, and mission make us an attractive collaborator for managers who share our time horizon and values.
The Investment Office offers a collaborative and meritocratic environment in which all members of our investment staff sit on our internal investment committee. We have the privilege of working with many exceptional investment organizations; you will grow as an investor through your interactions with these groups, as well as your first-hand engagement in our decision-making processes.
Investment staff members travel domestically and internationally to evaluate new and evolving opportunity sets, meet managers, and visit companies. You will lead and co-lead diligence processes and make investment recommendations, work that entails both rigorous analytics and creative thinking. In addition, all investment staff members are engaged in portfolio management decisions and have opportunities to present our work to our Investment Committee. You will help us refine and evolve our investment strategy as the investment universe evolves, too.
We are a small team, which requires us to be nimble and roll up our sleeves to tackle novel challenges. Successful hires will have long-term career progression opportunities on our team. We take mentorship seriously and are excited to support talented, dedicated teammates in their career goals.
Investment Director responsibilities include, but are not limited to:
Identify investment niches, themes, and network nodes that could lead to compelling new investment opportunities
Collaborate with colleagues to underwrite investments; this work includes evaluating both investment managers and the assets in their portfolios
Sit on our internal investment committee
Author white papers to help us refine our strategy and processes
Successful Investment Directors earn progressive levels of responsibility around manager relationships and monitoring, with promotion opportunities to Managing Director
Candidates must be willing to work a hybrid schedule from MGB’s Somerville, MA (Boston area) office, as well as travel domestically and internationally
Investment Director Qualifications
Strong interest in investing; excited to work across investment asset classes and geographies
Energetic, positive, can-do attitude; highly collaborative and team-oriented
Entrepreneurial mindset; willing to play both leading and supporting roles in diligence efforts
Inspired to support a mission-driven organization; dedicated to representing MGB’s best interests and acting with unquestionable ethics at all times
Curious and analytical; excited by new challenges
Exceptional oral and written communication skills
Strong relationship management abilities
Bachelor’s degree or higher with excellent academic credentials
Prior work experience in analytical field; investment experience (in any area) preferred
This role is best suited to candidates with at least 4 years of work experience
Additional Job Details (if applicable)
Remote Type
Work Location
Scheduled Weekly Hours
Employee Type
Work Shift
Pay Range
$2,080.00 - $1,561,040.00/AnnualGrade
91At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.
EEO Statement:
At Mass General Brigham, our competency framework defines what effective leadership “looks like” by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.
Mass General Brigham Somerville, Massachusetts, USA Office
399 Revolution Dr, Somerville, Massachusetts, United States, 02145
Mass General Brigham Boston, Massachusetts, USA Office
800 Boylston St, Boston, Massachusetts, United States, 02199
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