Raj Mehra

Publicly traded community bank holding company (ticker on NASDAQ: MBRG) with $1.4 billion in assets. Subsidiaries include bank and wealth manager with $2.1 billion in assets under management. Responsibilities include Accounting, Treasury, Asset-Liability Management, Investor Relations, Budgeting and Capital Planning, Regulatory and Financial Reporting. Member of Executive Management Committee and Principal Accounting Officer. Key Accomplishments • Doubled on and off balance sheet liquidity from 2009 to 2016 • Lowered cost of funds below peer levels through disciplined pricing • Increased loan interest income through strategic purchases • Increased investment interest income and yields to top quartile ranking. • Achieved strong net interest margins through balance sheet management • Increased asset sensitivity of balance sheet • Improved efficiency ratios through disciplined focus on cost control • Reduced effective tax rate from 34% to 25% via multiple tax strategies • Achieved capital ratios substantially in excess of peer and well capitalized levels • Used interest rate swaps and caps to hedge interest rate risk • Developed portfolio lending program for jumbo residential mortgages • Increased margins by implementing mandatory delivery program for mortgages • Implemented relationship based loan pricing model • Actively involved with regulators, FASB and SEC in accounting and capital rule setting process • Regular speaker on industry banking and accounting panels

Chief Financial Officer of this $550 million bank responsible for Asset-Liability Management, Accounting, Investments, Internal Audit, Regulatory & Financial Reporting. Key Accomplishments • Achieved record net interest margins and doubled ROE through strategic balance sheet management. • Achieved significant gains through restructuring of investment portfolio • Significantly reduced exposure to rising rates through use of swaps and caps. • Actively managed investment portfolio, liquidity and asset-liability exposure • Established multiple credit facilities and utilized derivatives to reduce interest expense and interest risk. • Implemented ROE-based disciplined loan and deposit pricing strategy

Responsible for all financial management at holding company, bank and subsidiaries including Accounting, Treasury, Asset-Liability Management, Capital Planning, Regulatory and Financial Reporting. Founding member of bank. Secured regulatory approval to acquire bank. Following approval managed the merger of operations, built infrastructure including staffing and processes. • Chief Financial Officer for Parent, Bank, Credit Card and Student Loan subsidiaries • Chaired Asset-Liability, Internal Audit, Investment and Technology Committees. • Oversaw development and implementation of bank’s technology backbone • Managed investment portfolio, liquidity and asset-liability exposures • Achieved record interest income and interest margins on loan and investment portfolio • Implemented financial profitability and risk metrics dashboard • Implemented funds transfer pricing and profitability measurement for all business units • Managed credit card subsidiary banking partnerships

Responsible for cross-platform mortgage acquisition utilizing automated underwriting and pricing engines • Managed cross-functional group to develop acquisition strategy • Streamlined process for acquisition of mortgage loans • Developed enhanced risk-based pricing for selected mortgage loans

Built advisory services business that provided risk management consulting to banks, mortgage companies and hedge funds. Services included process improvement, forensic accounting, expert testimony, derivatives accounting and valuation. • Evaluated financial statement risk disclosures for major government enterprise • Analyzed interest rate risk management and hedging strategies for major bank • Assessed mortgage servicing rights valuation and hedging for major bank • Reviewed FAS 133 derivatives accounting policies for major mortgage bank • Conducted forensic review of losses at major mortgage bank • Expert witness in several securities litigations involving banks • Assisted creditors committee in proceedings involving failed mortgage REIT

Mortgage Securities Research, Sales and Trading

Mortgage Sales & Trading, Mortgage Research

Mortgage Securities, Asset-Liability Management, Derivatives

Investments, Product Development, Asset Management