Usama Ashraf

Founded in 2005, Prosper is a pioneer of fintech. Prosper's platform has facilitated $30 billion of credit access for over 2 million customers across personal loans, credit cards, and home equity. Responsible for managing credit card business and finance, accounting, capital markets, risk, collections, and business intelligence functions.

Annaly is the largest publicly traded mortgage REIT.

USAA is a Fortune 100 diversified financial services company focused on insurance, banking, and investments with nearly $50 billion of annual revenue.

CIT was a publicly traded Top 50 financial holding company prior to its merger with First Citizens in 2022 to form a Top 20 financial institution. Deputy Treasurer (2012-2013) Responsible for CIT’s Treasury activities in the U.S. including funding, liquidity, investments, capital, and market risk. Assistant Treasurer - Global Funding/Corporate Finance (2009-2012) Responsible for global funding across the Americas, Europe, and Asia Pacific, capital raising, liability management, credit facilities, and banking relationships. - Executed $21 billion in new financings and credit facilities and $16 billion debt exchange offer and consent solicitation, contributing to the redemption of $31 billion in high cost debt from 2009 reorganization - Worked with banking team on successful launch of CIT’s online bank in 2011 that generated $6 billion of online deposits in 2 years - Core member of CIT leadership team that negotiated largest ever successful prepackaged plan of reorganization with creditors (IDD's 2009 restructuring deal of the year) and executed $7.5 billion of rescue financings during Global Financial Crisis Assistant Treasurer - Strategic Finance (2006-2009) Global responsibility across the Americas, Europe, and Asia Pacific for secured funding and development/execution of CIT’s asset management initiatives, including marketing to debt and equity investors. - Joint responsibility with business units to develop strategy and execute CIT’s first CLO, healthcare REIT IPO, second lien and mezz capital fund, commercial real estate joint ventures as well as other asset management initiatives - Executed numerous innovative financing structures during Global Financial Crisis including $3 billion, 20-year committed total return swap facility, $2 billion mortgage repo facility, $850 million syndicated rail financing, and $500 million revolving credit facility secured by middle market loans

As Head of Securitization, responsible for global asset-backed funding and analytics across the Americas, Europe, and Asia Pacific and all asset classes (equipment, commercial aircraft, railcars, small business loans, student loans, residential mortgages, trade receivables, and consumer loans/lines of credit). Managed CIT’s asset-backed banking and rating agency relationships and $10 billion in committed asset-backed commercial paper facilities.

Focused on corporate development, strategy, and M&A.