Raj Mehra
President & Founder, Chelsea Advisory Services
Member of the Financial Services Council
Council Member Biography
Raj Mehra is the President of Chelsea Advisory Services, a financial risk and forensic accounting advisory firm in Washington DC. He has over 21 years of experience in areas such as banking, subprime mortgages, credit card, auto and student lending. Mr. Mehra is an expert in securitization and structured financing vehicles including asset backed securities, CDO's, off-balance sheet conduits, asset-backed commercial paper and auction rate securities. He has spoken extensively on a wide variety of accounting issues in banking and finance. He was Chief Financial Officer of a bank and a student lender, and a Senior Director at PricewaterhouseCoopers. Mr. Mehra has held positions in trading at JP Morgan Chase and Credit Suisse. He has managed investments in complex mortgage-backed securities and derivatives. Mr. Mehra is a member of the American Banking Association, the Global Association of Risk Professionals, the American Securitization Forum, and the Mortgage Bankers Association. (This is me - Update Profile)
Employment History
- 2005 - 2007
- Chief Financial Officer, Urban Trust Bank and UTB Education Finance LLC
- 2003 - 2004
- Senior Business Manager, Fannie Mae
- 2002 - present
- President & Founder, Chelsea Advisory Services
- 1998 - 2001
- Director - Financial Risk Management, PRICE WATERHOUSE COOPERS
- 1996 - 1998
- Vice President - Mortgage Backed Securities, CREDIT SUISSE FIRST BOSTON (CAYMAN) LIMITED
- 1993 - 1996
- Vice President, J.P. MORGAN CHASE CAPITAL XII
- 1991 - 1993
- Vice President - Finance, THE FRANKLIN SAVINGS AND LOAN COMPANY
- 1986 - 1990
- Senior Product Analyst - Investments, Bank of America (UK)
GLG NewsSM Analyses by Raj Mehra(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Low Loan Loss Reserves at Banks Could Cause Problems Ahead
September 20, 2007
Raj Mehra, President & Founder, Chelsea Advisory Services
E*Trade Hit By Mortgage Turmoil | online.wsj.com
Loan loss reserves at banks are at historic lows. At the same time, the credit cycle has turned viciously negative, particularly for mortgages. Banking regulators are likely to ratchet the pressure up on banks to raise their loss reserves. The most vulnerable are banks with outsized exposure to the...
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Countrywide Spells Out Its Strategy to Manage Credit Market Crisis
September 10, 2007
Raj Mehra, President & Founder, Chelsea Advisory Services
Countrywide Communicates Staff Reductions to Employees | online.wsj.com
Countywide's announcement late last Friday and Angelo Mozilo's letter to employees provide a unique window into CFC's strategy for addressing the impact of the credit crisis on its business. The letter provides details on the steps that CFC is taking to shelter itself from the fallout. Unfortunately,...
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Writedowns of Retained Interests Could be Next Shoe to Drop for Subprime Lenders
September 5, 2007
Raj Mehra, President & Founder, Chelsea Advisory Services
NovaStar to Slash Lending and Cut Jobs | www.nytimes.com
Retained interests from securitizations made up more than 75% of the shareholder's equity at NFI. Also, the company has elected to finance these securities. Demand, never very strong to begin with, has deteriorated severely in the last month. The company could be forced to recognize a sizeable...
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Thoughts on the impact on third quarter earnings from the crisis in subprime mortgages
August 27, 2007
Raj Mehra, President & Founder, Chelsea Advisory Services
Bank Profits May Well Suffer, but Credit Crisis Hardly Leaves Them Defenseless | www.nytimes.com
Several banks will be closing their third quarter soon. The credit crisis intensified in the third quarter - what impact should we expect to see from the bankruptcies, plummeting market values, the virtual demise of the collateralized debt obligations market etc. - Some banks will write down goodwill...
Leading institutions connect with Raj Mehra through GLG
GLG Study Groups with Raj Mehra(?)
| Study Group Name | No. Members |
|---|---|
| Valuation Specialists | 303 |
| Student Loan Consolidation Experts | 21 |
| Research, Sales, and Trading Consultants (US) | 247 |
| Warehouse Club Experts | 250 |
GLG Live Meetings with Raj Mehra(?)
Raj Mehra has not participated in any GLG Live Meetings.
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