Imagine a better student loan. We did.
HOW COMMONBOND STARTED
In 2011, David Klein, Mike Taormina, and Jessup Shean met as Wharton MBA students and set out to tackle one of the most frustrating areas of consumer finance: the student lending industry. Armed with backgrounds in finance, and a wealth (or more accurately, debt) of first-hand student loan experience, they co-founded CommonBond. Since then, the company has grown, but what has remained consistent is the mission to deliver competitive pricing, a simple, tech-enabled experience, and exceptional customer service.
CommonBond is shaking up the student loan market.
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CEO & Co-Founder
Chief Risk Officer
VP of Marketing
David KleinCEO & Co-Founder
"We firmly believe that business can and should be a positive force for change."
David worked in consumer finance at American Express, as Director of Strategic Planning and Business Development, where he led a team that managed a $250M annual portfolio. Prior to American Express, he worked at McKinsey & Company, where he advised clients in the financial services industry. David graduated from Brandeis University with a BA in Politics, Economics, and International Business. He is an alumnus of Wharton Business School and served on the Board of the Bronx Charter School for the Arts in New York.
Morgan brings more than 25 years of experience across financial services. Prior to CommonBond, Morgan spent the last seven years as a Managing Director at Macquarie Capital, playing a key role in the firm's rise to becoming a leader in leveraged loan debt underwritings. He served as Head of Leveraged Finance for the Telecom, Media and Technology (TMT) sectors and was also Head of Middle Market Lending for all sectors, including financial technology. Morgan was responsible for the origination, structuring, underwriting and distribution of deals. Prior to Macquarie, Morgan spent nearly 20 years at Morgan Stanley and other bulge bracket firms in debt capital markets, credit and portfolio management as well as distribution roles. Over the course of his career, Morgan has structured, underwritten or sold hundreds of transactions totaling more than $50 billion. Morgan earned a B.A. in Economics from Brigham Young University and an MBA from BYU's Marriott School of Business, graduating with Highest Distinction honors. He was a former board member of the Loan Syndications and Trading Association and presently sits on the National Advisory Council for BYU's Marriott School.
Vinayak GurjarChief Risk Officer
Vinayak was Global Head of Governance in Treasury Capital Markets at Citigroup, where he led authorization for issuance of Citigroup third-party debt including securitization. He also managed liquidity risk metrics for the holding company and led assessment of internal controls for compliance with policies. Prior to Citigroup, he worked at Standard and Poor’s, where he rated structured finance transactions backed by consumer as well as commercial assets. Vinayak graduated from National Institute of Technology, India with a BE in Mechanical Engineering and received his MBA from UNC-Chapel Hill.
Robb has over ten years of experience leading teams of all shapes and sizes. Robb co-founded Raiseworks, a peer-to-peer lending platform that connects businesses with individual investors. Prior to Raiseworks, Robb was a management consultant for Seabury Group where he focused on financial structuring. He began his career as a Captain in the US Air Force, running logistics for deployed units in Europe and the Middle East. Robb holds an MBA from Columbia Business School and a BA in Economics from UNC-Chapel Hill. He also holds FINRA series 7, 24, 63, and 79 licenses.
Phil DeGisiVP of Marketing
Phil is Vice President of Marketing at CommonBond. Prior to joining the CommonBond team, Phil held ecommerce and digital marketing roles spanning startups and large organizations, including Quidsi (a subsidiary of Amazon), littleBits electronics, and Walmart.com. Across these roles he led direct response marketing, customer retention, and site merchandising/optimization efforts. Phil received his MBA from the Tuck School of Business at Dartmouth College (and began his eventual journey to helping change the grad school student loan industry) and his BA from Vassar College with a degree in economics.
Former CEO, Citigroup
Former Sr. Executive, Barclays
Former CEO, Thomson Reuters
Meet the team
WE LOVE WHAT WE DO. AND WE DO A LOT.
Since CommonBond launched nationally in 2013, we’ve been working hard, growing fast, and having fun.
funded by the end of 2015
currently in our network
between our borrowers and Care Team each month
toward our social promise
in our NYC offices — and counting!
on our team - so far
WORKING AT COMMONBOND
We hire smart, driven people to create the future of finance with us. And have fun while we’re at it.Join our team >
YOU’RE NOT A LOAN WITH USTM
We work hard every day to deliver better rates, a simpler process and much better service.Watch video >
“CommonBond is taking aim at another great lump of American household debt: student loans."