WSFS Announces Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management

Rhea-AI Summary

WSFS Bank, a subsidiary of WSFS Financial (Nasdaq: WSFS), has appointed Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management. Reporting to Michael Dzielak, SVP and Director of Financial Crimes, Ioia will lead the Enterprise Fraud Risk Management Program and supervise Associates in preventing, detecting, and mitigating financial criminal activity.

Ioia brings extensive experience in financial crimes, having previously served as SVP, BSA/AML/OFAC Officer at Washington Federal Bank. She holds CAMS and CECI certifications and is pursuing CRCM and CERP qualifications. Ioia's educational background includes a Master's in Public Affairs and Administration and Bachelor's degrees in Criminal Justice and Liberal Arts.

Positive

• Appointment of experienced professional to lead fraud risk management
• Enhancement of financial crime prevention capabilities

Negative

• None.

WILMINGTON, Del.--(BUSINESS WIRE)-- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management, reporting to Michael Dzielak, Senior Vice President, Director of Financial Crimes.

Ioia will be responsible for leading the Enterprise Fraud Risk Management Program, including the direct supervision of Associates who prevent, detect, and mitigate financial criminal activity and potential financial losses.

“We are very excited to have someone with Stacey’s depth of experience in the financial crimes area joining our team,” said Dzielak. “She is a proven leader within the banking community and WSFS is fortunate that she is bringing her talents back to the East Coast. Her leadership, vision, and ability to execute will be a major asset to WSFS as we work to protect our Customers in a dynamic fraud landscape.”

“I am excited and fortunate to be joining an exceptional company,” said Ioia. “I look forward to using my experience and expertise to protect and serve WSFS Customers.”

Prior to joining WSFS, Ioia was Senior Vice President, Bank Secrecy Act (BSA)/Anti-Money Laundering (AML)/Office of Foreign Asset Control (OFAC) Officer at Washington Federal Bank in Boise, ID where she led the Financial Crimes Division.

Ioia holds Certified Anti-Money Laundering Specialist (CAMS) and Certified Expert Cyber Investigations (CECI) certifications and is currently pursuing Certified Regulatory Compliance Manager (CRCM) and Certified Enterprise Risk Professional (CERP) qualifications.

She is a member of the Association of Certified Anti-Money Laundering Specialists, Association of Certified Fraud Examiners, and American Bankers Association.

Ioia earned a Master of Science in Public Affairs and Administration from West Chester University, a Bachelor of Science in Criminal Justice/Police Science from Stockton University, and a Bachelor of Arts in Liberal Arts and Sciences from Rowan University. She resides in Pennsylvania.

About WSFS Financial Corporation

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2024, WSFS Financial Corporation had $20.6 billion in assets on its balance sheet and $80.5 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust^®, The Bryn Mawr Trust Company of Delaware, Cash Connect^®, NewLane Finance^®, Powdermill^® Financial Solutions, WSFS Institutional Services^®, WSFS Mortgage^®, and WSFS Wealth^® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240718957060/en/

Media Contact: Andrew Davison

(215) 309-1064

adavison@wsfsbank.com

Source: WSFS Financial Corporation

FAQ

Who is the new Senior Vice President, Director of Enterprise Fraud Risk Management at WSFS Bank?

Stacey Ioia has been appointed as the new Senior Vice President, Director of Enterprise Fraud Risk Management at WSFS Bank.

What are Stacey Ioia's responsibilities in her new role at WSFS Bank?

Stacey Ioia will be responsible for leading the Enterprise Fraud Risk Management Program and supervising Associates who prevent, detect, and mitigate financial criminal activity and potential financial losses.

What is Stacey Ioia's professional background before joining WSFS Bank?

Prior to joining WSFS Bank, Stacey Ioia was Senior Vice President, BSA/AML/OFAC Officer at Washington Federal Bank in Boise, ID, where she led the Financial Crimes Division.

What certifications does Stacey Ioia hold in the field of financial crime prevention?

Stacey Ioia holds Certified Anti-Money Laundering Specialist (CAMS) and Certified Expert Cyber Investigations (CECI) certifications. She is also pursuing Certified Regulatory Compliance Manager (CRCM) and Certified Enterprise Risk Professional (CERP) qualifications.