Stanford A. Stanford, Sr., a long-time bank regulatory and compliance expert, has joined WSFS Bank as senior vice president and chief compliance officer.
Reporting to WSFS Executive Vice President and Chief Risk Officer, Paul Greenplate, Stanford will lead the design and execution of the bank’s Compliance Risk Management (CRM) program and related policies and will partner with executive and senior management to ensure the bank is compliant with banking regulations.
In this role, he will lead the compliance function across all risk areas of the organization, including consumer regulatory compliance, BSA/AML, enterprise governance, risk management, and driving the strategic direction of the bank’s Compliance team.
“By crossing the $10 billion threshold to more than $12 billion in assets following the successful integration of Beneficial Bank, WSFS understandably has a stronger regulatory framework to comply with,” said Greenplate. “Stanford brings to our Company deep compliance experience and leadership, and his expertise in the federal banking regulatory framework will be a valuable asset as we continue to grow, further develop, and enhance our compliance management systems.”
Stanford has more than 30 years of experience building large-scale financial systems, leading teams through complex restructurings, and managing risk, compliance, and regulatory regimes. Most recently, Stanford served the public’s interest as an assistant regional director at the consumer financial protection bureau (CFPB) in Washington, DC. Stanford’s experience includes leadership roles at Freddie Mac, Capital One Bank, Royal Strategy Consulting, and Zions Bank.
