Careers at UHN

Job Description

Investment Manager - Toronto, Ontario

Job Posting #915867

Position: Investment Manager
Site: MaRS Discovery Tower (Temporarily Remote)
Department: Grand Challenges Canada, Global Health Innovation
Reports to: Senior Manager
Pay Range: $95,500 + temporary benefits premium per year commensurate with experience and consistent with UHN Compensation Policy
Hours: 37.5 hours per week
Status: Temporary Full-time Contract – 18 months

Grand Challenges Canada (GCC) is seeking an Investment Manager for the Global Health Innovation department.

GCC is dedicated to supporting Bold Ideas with Big Impact®. Funded by the Government of Canada and other partners, GCC funds innovators in low- and middle-income countries and Canada. The bold ideas we support integrate science and technology, social and business innovation – we call this Integrated Innovation®.  We have a determined focus on results, and on saving and improving lives. GCC works closely with a global network of partners to bring successful innovation to scale, catalyzing sustainability and impact.

Through the Transition to Scale program, GCC provides catalytic investment to innovators who have achieved proof-of-concept and are now seeking to scale their solution. GCC provides both grant and non-grant financing, as well as technical support, to best support the growth and impact goals of innovators. Since 2011, GCC has supported >230 innovators in >100 countries globally at Transition to Scale.

As one of the largest impact-first funders in Canada, GCC has funded over 1,300 innovations championed by innovators in more than 106 countries. These innovations have already improved 10 million lives, and are expected to save up to 1.78 million lives and improve up to 64 million lives by 2030. 


The Global Health Innovation (GHI) area of impact is the first and largest at GCC. GHI’s current investments focus on mental health, maternal and newborn health, early childhood development, sanitation, access to comprehensive sexual and reproductive health and rights including safe abortion, and include portfolios of innovative service delivery, digital solutions and medical products. We provide grant and concessionary risk capital, along with technical advisory, to support innovators through seed and transition to scale funding. 

The INVESTMENT MANAGER develops, shapes and manages a dynamic portfolio of global health innovations.  Deploying relevant thematic expertise, business acumen, and investment knowledge, the Portfolio Manager has the following responsibilities:  

Fund innovative deals aligned with portfolio strategies:

  • Source and secure sufficient and quality pipeline innovations from external and internal sources in line with GCC and portfolio priorities
  • Evaluate new grant opportunities, including facilitating scientific peer review and conducting operational, financial and programmatic due diligence and risk analysis
  • Prepare investment memorandums and present potential investments to GCC’s Investment Committee
  • Collaborate on negotiations and their translation into grant agreements

Represent GCC and the portfolio with external audiences to achieve the objectives above:

  • Establish and/or manage partnerships with a range of stakeholders - such as foundations, development organizations, government officials, researchers, impact investors, and social entrepreneurs - primarily to establish stronger pipeline partnerships and source quality pipeline deals
  • To develop and test new initiatives to increase pipeline opportunities


  • Demonstrated commitment to and knowledge of relevant domains global health relevant to GCC (see above)
  • Demonstrated engagement with key stakeholders and networks in relevant domain areas
  • Excellent analytic, strategic thinking and project management skills
  • Self-directed with an entrepreneurial approach to source, fund, and support innovators
  • Highly developed verbal, written and presentation communications skills
  • Ability to take initiative and effectively manage competing priorities and deadlines
  • Commitment to GCC’s strategy of shifting power to those closest to the challenge
  • Working knowledge of French is a significant asset
  • Previous experience in impact investing a significant asset


  • A minimum of 8-10 years of work experience, ideally with at least 3-5 years relevant experience in impact investing preferably including work with early-stage investments and/or social enterprises in low and middle income countries
  • Experience working and/or living in low resource contexts a significant asset
  • Advanced degree in a relevant discipline (e.g. impact investing, global health, international development) – or commensurate work experience

 30-40%  international travel may be required.

 Don’t meet every requirement? Studies have shown that women, people of color, people from LGBTQ2S+ and disabilities communities are less likely to apply to jobs when they do not meet every qualification. At Grand Challenges Canada, we are dedicated to building a diverse, inclusive, authentic, and accountable workplace, so if you are excited about this role but your experience does not align perfectly with every qualification in the job description, we encourage you to apply, as you may be the ideal candidate we are looking for. 

Applicants must be eligible to work in Canada. Preference will be given to applicants who are able to relocate to the Greater Toronto Area or neighboring areas and able to spend 1-2 days in the office per week when the Grand Challenges Canada offices open.


  • Proposed Start Date: Immediate
  • Status: TFT

Application process

  • Please send your resume and cover letter


People with disabilities are encouraged to apply. People with lived experiences in relevant thematic areas are encouraged to apply.

Vaccines (COVID-19 and others) are a requirement of the job unless you have an exemption on a medical ground pursuant to the Ontario Human Rights Code.

If you are interested in making your contribution at UHN, please apply on-line. You will be asked to copy and paste as well as attach your resume and covering letter. You will also be required to complete some initial screening questions.

Posted Date: Mach 09, 2023                                Closing Date: April 09, 2023

For current UHN employees, only those who have successfully completed their probationary period, have a good employee record along with satisfactory attendance in accordance with UHN's attendance management program, and possess all the required experience and qualifications should apply.

UHN thanks all applicants, however, only those selected for an interview will be contacted.

UHN is a respectful, caring, and inclusive workplace. We are committed to championing accessibility, diversity and equal opportunity. Requests for accommodation can be made at any stage of the recruitment process providing the applicant has met the Bona-fide requirements for the open position. Applicants need to make their requirements known when contacted.

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