Raj Date serves as the Special Advisor to the Secretary of the Treasury for the Consumer Financial Protection Bureau. He has had a long and varied career in and around U.S. financial institutions – as a strategy consultant, as a bank executive, on Wall Street, and as the Associate Director for Research, Markets, and Regulations at the Consumer Financial Protection Bureau. In 2009, Mr. Date founded and served as Chairman and Executive Director of the Cambridge Winter Center for Financial Institutions Policy, a private, non-profit research and policy organization that supported reform of the U.S. financial system.
At Cambridge Winter, Mr. Date’s research focused principally on consumer protection, small business finance, community banking, and “shadow banks” such as investment banks, hedge funds, and finance companies. He was previously a Managing Director in the Financial Institutions Group at Deutsche Bank Securities, where he led the firm’s investment banking coverage for the largest U.S.-based banks and thrifts. In this capacity, he worked with clients to calibrate credit deterioration, evaluate capital-raising alternatives, and generate liquidity. Before that, Date was Senior Vice President for Corporate Strategy and Development at Capital One Financial, where he led mergers and acquisitions development efforts across the U.S. banking and specialty finance markets.
He began his business career in the financial institutions practice of the consulting firm McKinsey & Company. Date has also served as an attorney, in both private and government practice. He clerked for Chief Judge William Matthew Byrne, Jr., who was appointed by President Nixon in 1971, at the federal district court in Los Angeles.
Mr. Date was a Chancellor’s Scholar at the University of California at Berkeley, and graduated magna cum laude from Harvard Law School. The son of immigrant parents, Date lived in Boston, Rochester, NY, and Anaheim, CA, as his father changed stations as a physician in military and veterans hospitals. His father retired in 1995 as the Chief of Staff of the joint federal hospital at Nellis Air Force Base. Date lives in Washington, D.C., with his wife, a federal prosecutor, and their twin son and daughter.