VP, Treasurer and Chief Investment Officer

Responsibilities

• Serves as a member of the System’s Leadership Team, comprised of the top 40 executives in the Corporation.
• Develops and implements strategies for the investment of in excess of $3.5 billion of assets held in Med Star’s Corporate Endowment, Defined Benefit Pension plans, offshore captive insurance company, and operating cash. Provides oversight and manages Med Star’s investment manager relationships, and the custodial relationship.
• Plans and leads all Investment Committee meetings of Med Star’s Board of Directors in partnership with the Chief Financial Officer. Builds consensus to gain Committee approval for recommended asset allocation decisions and to retain and terminate investment managers.
• Responsible for managing the capital structure of the organization. Develops and implements all debt issuance strategies for an organization with in excess of $1.7 billion in debt. Works with investment bankers and financial advisors to develop transaction structures, prepare offering documents and requests for banking proposals, develop rating agency and investor presentations, and works with investment banks to develop and execute bond sales strategies.
• Monitors performance relative to all financial covenants. Prepares annual and quarterly compliance certificates as mandated under Med Star’s credit agreements. Develops the annual Continuing Disclosure Package required under the Med Star’s Master Trust Indenture.
• Oversees treasury management systems and ensures technology platforms support efficient cash management, reporting, and compliance.
• Manages all rating agency, commercial banking, investment banking, and investor relations.
• Develops all cash forecasts for the system and ensures that the working capital needs of the organization are appropriately funded. Collaborates with peers to develop capital plans, budgets and forecasts.

Med Star Health