Since our founding in 1924, we've cut cardiovascular disease deaths in half, but there is still so much more to do. To overcome today’s biggest health challenges and accelerate this progress, we need passionate individuals like you. Join our movement, be part of the progress, and help ensure a healthier future for all. You matter, and so does the impact you can make with us.

The American Heart Association has an excellent opportunity for a Senior Principal at the American Heart Association’s Social Impact Funds!

This position can be home-based.

This is a full-time, benefits-eligible, grant-funded opportunity. Current funding will expire on March 1, 2027, with the possibility of extension.

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 more than a company culture; it is our way of life. It embodies our commitment to work-life harmonization and is guided by our core values where our employees can thrive both personally and professionally. Discover why you will Be Seen. Be Heard. Be Valued at the American Heart Association by following us on LinkedIn, Instagram, Facebook, X, and at heart.jobs.

The Social Impact Fund works across the social drivers of health, focusing on impact in three core areas: healthcare access and quality, food security, and economic empowerment. The Principal/Senior Principal of Social Impact Funds will play a critical leadership role within the Social Impact Funds’ mission-driven investment strategy, working at the intersection of capital deployment and measurable health outcomes.

This position leads origination, structuring, execution, and oversight of investments (equity, debt, grants, hybrid) in organizations focused on the social drivers of health. This includes prospecting and conducting due diligence on new investments, as well as evaluating performance/outcomes. Additionally, it involves onboarding, facilitating, and managing partners, as well as ensuring compliance with Association grant or investment requirements. The Principal/Senior Principal will collaborate across internal teams and with external partners (institutional investors, foundations, intermediaries, social enterprises) to ensure the Association’s Social Impact Funds deliver both mission-aligned and financially sustainable results.

Key Responsibilities:

• Source and originate high-quality investment opportunities that align with both financial return and measurable health impact.
• Lead rigorous due diligence and investment structuring: financial modelling, impact modelling, risk assessment, term sheet negotiation, legal documentation, and closing. Present potential Investments for approval by Investment Committee.
• Manage and monitor an investment portfolio: track performance (financial and impact), identify and mitigate risks, ensure governance, compliance and reporting.
• Act as a board member or board observer for investee entities as needed; support portfolio companies/organizations with strategic guidance, value creation and impact measurement.
• Engage and build relationships with key stakeholders: Association leadership, funders, co-investors, philanthropic capital, government partners, social enterprises and mission-driven entrepreneurs.
• Collaborate with the Association’s strategy, policy, measurement & evaluation teams to refine impact measurement frameworks, ensure data integrity, and ensure that investment outcomes are aligned with long-term health outcomes and goals.
• Represent the Association externally at industry conferences, panels and working groups; build the brand of Social Impact Funds in the broader impact investing ecosystem.
• Contribute to fundraising and capital deployment strategy: support preparation of investor materials, participate in capital raising efforts, and actively manage fund flows and deployment pace.

• Bachelor's degree or equivalent work experience.
• Five (5) plus years of professional experience in impact investing, private equity, venture capital, debt finance, structured investments, or a hybrid financial/mission-driven capital role.
• Demonstrated success in sourcing, executing, and managing investments (ideally in the health, social sector, or mission-driven space).
• Strong financial modelling and investment analysis skills; ability to assess business models, rate of return, risk/return trade-offs, and prepare compelling investment memos.
• Experience with impact measurement and management frameworks: ability to integrate impact alongside financial performance in decision-making.
• Excellent communication skills (both written and oral) to present to senior leadership, boards, investment committees, and external partners.
• Strong relational skills and ability to build partnerships across sectors (non-profit, government, private capital) and geographies.
• Bachelor's degree or equivalent experience.
• Ability to travel up to 20% local and overnight stay.  The amount of travel may differ based on the location of the Principal/Senior Principal.

Preferred Qualifications:

• Advanced degree (MBA, MPH, MPA, or similar).
• Familiarity with philanthropic and mission-driven capital vehicles (blended finance, catalytic capital, pay-for-success, social bonds).
• Bilingual - English and Spanish.

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 through annual salary planning and incentive programs; eligibility for an incentive program is 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.

The American Heart Association’s 2028 Goal: Building on over 100 years of trusted leadership in cardiovascular and brain health, by 2028 the Association will drive breakthroughs and implement proven solutions in science, policy, and care for healthier people and communities. The greatest discoveries in health must reach everyone where they are.

At American Heart Association | American Stroke Association, our mission is to be a relentless force for a world of longer, healthier lives, regardless of race, ethnicity, gender, gender identity, religion, age, language, sexual orientation, national origin and physical or cognitive abilities.

This position not a match with your skills?  Click here to see other opportunities.

In accordance with local and state laws where applicable, qualified applicants with arrest or conviction records will be considered for employment.

EOE/Protected Veterans/Persons with Disabilities