CFO & Managing Partner
For the past thirteen years, Bob was at EJF Capital LLC as CFO. EJF Capital is an employee owned alternative asset manager. EJF Capital began as a start up in 2005 and currently manages approximately $10 billion in AUM (approximately $7.3 billion in hedge/Private Equity funds/separately managed accounts and approximately $2.7 billion in CDO assets through affiliates). Bob’s responsibilities included spearheading complex CDOs and indenture/contract reviews and edits of technical documents including securitization and complex legal, audit, tax and administrator contracts. Integral part of fund setups and fund liquidations. Bob led the financial function and drove the transformation and restructuring of the business. Bob also led negotiations on numerous bank lines with several bank to improve both the Fund performance and increased liquidity and strategic value to EJF Capital. Prior to joining EJF Capital, Bob was CFO at a $40 billion subsidiary (Commercial Credit Company) of Citigroup that provided first and second mortgage loans on residential properties, personal consumer loans and supported private label credit card programs. At Citigroup, Bob drove key M & A activity and business integrations. He preformed end to end M & A activity on a $4 billion purchase of Washington Mutual Finance Company. Bob provided integral support of the integration of Associates First Capital Corporation (a $150 billion company), and had to hire approximately 100 new staff to complete the integration of the acquisition. Prior to Citigroup, Bob was CFO at the Credit Card division of Chevy Chase bank. The division had approximately $6 billion in credit card receivables. Bob recommended to the CEO of Chevy Chase bank to sell the portfolio, which the Bank ultimately did sell the Credit Card portfolio to First USA. Bob provided integral analysis in several portfolio acquisitions prior to the sale. Prior to Citigroup, Bob was with Household Internal based in Prospect Heights, IL. Bob held many critical roles while at Household. Two of the most critical were the Head of Treasury Services for the Credit card portfolio, which was approximately $22 billion in assets. While in this role, Bob Chaired several Asset/Liability committees of the banks owned by Household. He was also responsible for product pricing decisions and review/sign off of several port acquisitions. Bob was also Director of regulatory reporting and had liaison responsibility to all regulators, which includedFDIC, OTS and OCC. Bob received his bachelor degree in Accounting at University of Dayton, and a MBA in Finance from DePaul University. He passed the CPA exam in Ohio.