Organizations With A Commitment To Diversity & The Hispanic / Latino Community
Located in Reston, Virginia, a suburb of
Washington, D.C., the Office of Finance (OF) is operated on behalf
of the 12 regional FHLBanks. Its primary function is to issue and
service all debt securities for the FHLBanks, while obtaining the
most cost-effective terms possible given current market conditions.
Related activities include the compilation and publication of the
combined financial statements, analysis and joint development of new
funding opportunities, and educational outreach to inform investors
and other interested parties about FHLBank debt products. These
efforts can include investor road shows, sales conferences, adopting
dealer/FHLBank recommendations, preparing brochures and educational
materials, and enhancing the Office of Finance website.
The OF also provides the FHLBanks with credit and general capital market information/data, and manages the relationship with the credit rating agencies. In addition, the OF administers two tax-exempt government corporations, the Financing Corporation (FICO) and the Resolution Funding Corporation (REFCORP).
The debt securities issuance and servicing operation of the Federal Home Loan Bank System is seeking experienced professionals who can operate in a highly dynamic and automated environment.