WSFS Promotes Wechsler, Caruso and Ryan to Senior Leadership Roles

WSFS Bank promoted Jim Wechsler to senior vice president and chief operating officer for commercial banking, Candice Caruso to senior vice president and chief retail lending officer and Anthony Ryan to senior vice president and director of retail lending strategy and operations.

In his newly-created role as senior vice president and chief operating officer of commercial banking, Wechsler will lead operations, technology, finance and strategy for WSFS’ commercial banking division, reporting to Steve Clark, executive vice president and chief commercial banking officer for the bank. 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 and 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,” Clark said. “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.

“I am thrilled for Candice and Anthony on their well-earned promotions as we grow a deep bench from a pool of talented associates,” Wright said. “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.”

In her new role, Caruso will be responsible for consumer lending, small business lending, government guaranteed lending, community reinvestment and WSFS’ fintech lending relationships. She joined WSFS in 2018 as senior vice president and director of government guaranteed lending and has 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. Previously, he was senior vice president and director of small business banking for WSFS. Ryan joined WSFS in 2011 and has more than 30 years of retail and small business banking experience.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.