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Thank you for your interest in career opportunities at the Federal Home Loan Banks Office of Finance. We seek to recruit talented and creative individuals with the background, skills and desire to succeed in a challenging environment. The Office of Finance is a equal opportunity employer committed to diversity in the workplace. We invite you to explore the new opportunities and outstanding benefits offered at the Office of Finance.
The 11 Federal Home Loan Banks are a system of regional banks from which local lending institutions everywhere in America borrow funds to finance housing, economic development, infrastructure and jobs. About 80 percent of U.S. lending institutions rely on the Federal Home Loan Banks. Because the Federal Home Loan Banks are cooperatives, their low costs are passed on to consumers and communities. The Federal Home Loan Banks have been a fundamental part of the nation's financial system for eight decades. No matter what size local lending institution you see doing business, it's likely they're financing much of their community lending through low-cost funds provided by their regional Federal Home Loan Bank.
Located in Reston, Virginia, a suburb of Washington, D.C., the Office of Finance (OF) is operated on behalf of the 11 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.
The Office of Finance offers an outstanding salary and benefits package that includes:
- Competitive salaries
- 401K savings with employer match
- Defined Benefit Pension Plan - 100% employer funded
- Group health and dental insurance
- Group term life insurance
- Short and long term disability insurance
- Vision care reimbursement
- Flexible spending account program
- Tuition assistance
- Paid time off and holidays
- Gym membership/fitness reimbursement
- Flexible schedules
- Business casual work environment
The Office of Finance is an Equal Opportunity Employer. EOE/M/F/D/V.
The following statement is endorsed by John Fisk, Chief Executive Officer of the FHLBanks Office of Finance, and approved by the Office of Finance Board of Directors.
The Office of Finance is an equal opportunity employer committed to diversity in the workplace and in our business relationships. We provide an inclusive environment for talented and creative individuals with the background, skills and desire to succeed in a challenging environment. We are committed to the following principles:
- Promote inclusiveness in our policies, practices and business relationships;
- Proactively recruit candidates from a diverse and talented applicant pool;
- Reinforce the value of a diverse workforce and diversity in contracting through education and training; and,
- Communicate zero tolerance for retaliation or reprisal for adherence to these principles.
Furthermore, it is the policy of the Federal Home Loan Banks Office of Finance to provide a work environment for all employees that is free of discrimination and harassment based on color, national origin, sex, religion, age, disability status or genetic information.
http://www.fhlb-of.com/ofweb_userWeb/pageBuilder/career-opportunities-28