Director of Healthcare

About the role

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond — we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

Responsibilities

• Define and execute the national healthcare lending strategy, including target subsectors, sponsor and borrower coverage priorities, market positioning, risk appetite alignment, and coordinated go-to-market plans for the new specialized vertical.
• Build and lead the healthcare team as the vertical grows by defining the organizational structure and staffing plan; identifying priority roles and required capabilities; partnering with Human Resources and senior leadership to source, recruit, interview, select, and onboard experienced healthcare bankers and support professionals; establishing clear responsibilities and performance expectations; and developing, mentoring, and retaining team members to support national growth, disciplined execution, and portfolio management.
• Build and maintain a national healthcare ecosystem of private equity sponsors, operating executives, advisors, institutional investors, attorneys, accounting firms, and other centers of influence to strengthen the Bank’s market presence and generate qualified referrals.
• Originate healthcare lending opportunities through deep relationships with private equity sponsors, C-suite executives, institutional investors, referral partners, and other centers of influence, focusing on middle-market healthcare companies and sponsor-backed portfolio companies.
• Lead healthcare-specific underwriting and diligence in partnership with Risk Management, Underwriting, and Portfolio Management by evaluating historical performance and forward projections, reimbursement and payor mix, regulatory and compliance considerations, provider and referral concentration, labor dynamics, revenue-cycle performance, acquisition strategy, quality-of-earnings considerations, and other key operating and credit risks; structure and negotiate senior, leveraged, asset-based, first-lien, first-out, and other credit solutions with appropriate pricing, covenants, documentation, and risk-adjusted returns.
• Lead transaction execution from initial screening through closing, coordinating Credit, Loan Operations, Treasury Management, Advisory, Capital Markets, Risk Management, internal and external counsel, sponsors, and borrowers; manage terms negotiation, conditions precedent, and post-close deliverables.
• Oversee ongoing portfolio performance and periodic reviews in partnership with Credit Risk and Portfolio Management, including financial and operating trends, covenant compliance, acquisition integration, liquidity, reimbursement developments, collateral where applicable, documentation exceptions, and risk remediation.
• It is the responsibility of this role to