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Type of Role: Operations

Experience Level: Analyst/Associate

Location: Bethesda, Maryland

Salary: $95K - $125K

The Cystic Fibrosis Foundation is a leading healthcare nonprofit organization like no other. For decades, we have been taking major steps and pioneering new ways to advance the mission to find a cure for cystic fibrosis and to provide all people with CF the opportunity to lead long, fulfilling lives by funding research and drug development, partnering with the CF community, and advancing high-quality, specialized care.

Position Description

The Cystic Fibrosis Foundation (CF Foundation) and its employees embrace their commitment to its core values.  These core values are the pillars on which the CF Foundation stand and will continue to sustain us as we move forward.

  • Keep sight of what really matters:  Our decisions are based on what is best for people with cystic fibrosis and their families.
  • Aspire for excellence in all we do:  We take pride in our work. We are committed to continuous learning and improvement.
  • Stronger together:  We collaborate and work together so that we can learn more and achieve more.
  • Innovate with courage:  We embrace challenges. We reach beyond boundaries in pursuit of our vision.
  • Care about our people:  We deeply care about each other and all who support our shared mission. We listen with respect. We support one another.


We are a nonprofit, donor-supported organization that has raised and invested billions of dollars to help develop cystic fibrosis therapies that have changed the lives of people with this disease.  Nearly every CF medicine available today was made possible because of Foundation support.



The Investments Associate supports the oversight and management of the CF Foundation’s $5 billion investment portfolio. The Associate participates in formulating the investment strategy, underwriting, and investing into new opportunities, and managing the total investment portfolio. The position provides opportunities to have material impact on the Foundation’s growing active investment portfolio and mentorship from a small, collaborative, and experienced investment team. This is a hybrid role based in Bethesda, MD, and requires 2-3 days per week in the Bethesda office.



  • Sourcing new opportunities and investment partners across the globe and all asset classes (public markets, private markets, and opportunistic).
  • Investment due diligence, selection, and monitoring of investment partners, including fund managers, co-investments, and direct investments.
  • Preparing and presenting investment analyses and recommendations to internal team and Investment Committee of the Board.
  • Improving the investment process, including work on investment operations, performance management and risk management.



  • Minimum of 3 years of investments work-related experience.
  • Bachelor’s degree required, master’s degree or CFA designation beneficial.
  • Experience building a sourcing network for new investment opportunities.
  • Preference prior experience conducting investment due diligence on direct investments, co-investments, and investment funds.
  • Ability to synthesize information from various sources and critically evaluate alternative approaches.
  • Ability to prepare well-written, well-organized material, and present recommendations in a clear and concise manner.
  • Capacity to conduct thorough investment analysis, including appropriate modeling and identifying merits, and risks of investment opportunities.
  • Able to consider future scenarios, opportunities and risks by thoroughly evaluating variables, and assessing impact on the investment portfolio.
  • Capacity to fully understand a problem and offer potential solutions.
  • Capable of integrating complex information and concepts, and synthesizing efforts into a systematic framework.
  • Ability to take courageous, decisive action and make timely, independent decisions that are in the best interests of the organization.



  • Reports to Managing Director, Investments; no direct reports.



  • Normal office environment with little exposure to excessive noise, dust, and temperature.
  • No heavy lifting required.
  • Travel to conferences and meetings, as necessary.
  • Opportunity for hybrid schedule.


The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of essential functions, responsibilities, or requirements.



Total Rewards: The CF Foundation is committed to offering competitive compensation (base pay and incentive), benefits, and professional development opportunities that maximize our ability to recruit, retain, reward, and motivate a highly-qualified and diverse workforce. Our comprehensive benefits package includes medical, dental, and vision coverage; generous time-off and leave policies; a holistic well-being program; health savings and flexible spending accounts; employer-provided life and disability insurance; retirement savings benefits; and a variety of work-life benefits to support employees and their family members.


The CF Foundation is an equal opportunity employer that is committed to being an employer of choice, not just a good place to work, but a great and inclusive place to work. We strive to recruit and maintain a diverse workforce. Qualified applicants will receive consideration for employment without regard to race, physical or mental disability, color, religious creed, ancestry, national origin, religion, age, sex, marital status, genetic information or testing, gender identity and expression, sexual orientation or status as a Vietnam-era or special disabled veteran or any characteristic protected by law.


Reasonable Accommodations: The CF Foundation is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application procedures. If you need assistance or would like to request an accommodation due to a disability, please contact us at