WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the promotion of three Associates in the Bank’s Commercial, Small Business and Retail Lending divisions.
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The following Associates have been promoted:
- Jim Wechsler – Senior Vice President, Chief Operating Officer, Commercial Banking
- Candice Caruso – Senior Vice President, Chief Retail Lending Officer
- Anthony Ryan – Senior Vice President, Director of Retail Lending Strategy and Operations
In his newly-created role as Senior Vice President, Chief Operating Officer, Commercial Banking, Wechsler will lead operations, technology, finance and strategy for the Commercial Banking Division, reporting to Steve Clark, Executive Vice President and Chief Commercial Banking Officer. In addition, Wechsler will continue to oversee NewLane Finance. He joined WSFS in 2010 as a Credit Analyst in Commercial Banking and over the past 11 years, most recently as Senior Vice President, Chief Retail Lending Officer, has held roles leading retail lending, corporate development, fintech partnerships, and corporate strategy for WSFS.
“I am excited to have Jim join our Commercial team and lead our operations,” said Clark. “Jim brings tremendous experience from his roles across the Bank, and I look forward to having his strategic approach to banking, technology and Customer experiences help direct our vision for the future. Jim’s ascension to this role is a great example of WSFS’ commitment to thoughtful and deliberate Associate development and succession planning.”
Caruso will report to Richard Wright, Executive Vice President and Chief Retail Banking Officer, while Ryan will report to Caruso in her new role.
“I am thrilled for Candice and Anthony on their well-earned promotions as we grow a deep bench from a pool of talented Associates,” said Wright. “Both are respected and high-performing leaders within the Bank and industry, and their expanded roles and responsibilities are a direct reflection of their talent, hard work and innovative approaches to how we can best service our consumer and small business Customers as we continue to grow.”
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In her new role, Caruso will be responsible for Consumer Lending, Small Business, Government Guaranteed Lending, Community Reinvestment, and the bank’s fintech lending relationships. She joined WSFS in 2018 as Senior Vice President, Director of Government Guaranteed Lending and brings more than 20 years of experience in the financial services industry, including 14 years as a business funding expert.
In his new role, Ryan is expanding his scope of work to lead all Small Business Operations, Consumer Lending, Retail Loan Servicing and Credit Cards to capitalize on the connection and efficiencies between consumer and small business lending. Previously, he was Senior Vice President, Director of Small Business Banking. Ryan joined WSFS Bank in 2011, bringing with him 30 years of retail and small business banking experience.
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