WSFS Announces Randy Royther as Senior Vice President, Director of Interest Rate Hedging
21 Agosto 2024 - 12:00PM
Business Wire
WSFS Bank, the primary subsidiary of WSFS Financial Corporation
(Nasdaq: WSFS), is pleased to announce Randy Royther as Senior Vice
President, Director of Interest Rate Hedging, reporting to Neil
Orechiwsky, Senior Vice President and Managing Director of Capital
Markets.
Royther will be responsible for leading the Interest Rate
Derivatives team while driving business development efforts with
relationship bankers and their Customers to expand the use of these
important risk mitigation structuring capabilities.
“We’re excited to bring a leader of Randy’s capability into our
Capital Markets team as his background enables him to deliver
tremendous perspective and product expertise to our Customers,”
said Orechiwsky. “WSFS Bank’s dedicated Capital Markets team works
with borrowers that have interest rate exposures by developing risk
management strategies in coordination with their banking teams.
These innovative capabilities enable our borrowers to better manage
their financing costs and risk tolerances. Randy brings decades of
experience and broad markets knowledge to this important component
of our credit offering.”
Royther will have responsibility for day-to-day sales and
trading activities and will be primarily focused on liaising with
Customer-facing bankers in the Commercial, Wealth, and Consumer
divisions to provide product education, markets insights, and
structuring expertise to internal and external audiences.
“I’m excited to be joining the already strong Interest Rate
Derivatives team at WSFS where we have the capability to provide
the full suite of lending and hedging solutions needed by borrowers
along with best-in-class service,” said Royther.
Before joining WSFS, Royther built and led capital markets teams
and interest rate hedging programs for several regional banks
headquartered in the southeastern U.S., most recently with South
State Bank in Charlotte, North Carolina. He has also led fixed
income portfolio management teams at Bank of America and Bank of
Montreal / Harris Bank after beginning his career on the trading
floor of the Chicago Board Options Exchange.
Royther earned a master’s degree in finance and marketing from
the Kellogg School of Management at Northwestern University and a
bachelor’s degree in economics from the University of Colorado.
Royther is a native of Colorado and now resides in King of Prussia,
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 June 30, 2024, WSFS
Financial Corporation had $20.7 billion in assets on its balance
sheet and $84.9 billion in assets under management and
administration. WSFS operates from 114 offices, 88 of which are
banking offices, located in Pennsylvania (57), Delaware (39), New
Jersey (14), Florida (2), 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240821312852/en/
Media Contact: Andrew Davison (215) 309-1064
adavison@wsfsbank.com
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