FHLBanks Office of Finance
Aubrey Torres is an experienced technology leader with a strong background in product engineering and enterprise architecture. At FHLBanks Office of Finance since September 2007, Torres has held multiple roles, including Director of Product Engineering and Sr. Manager/Manager of Enterprise Architecture, overseeing a team of employees and consultants to support various engineering initiatives, including IT modernization and application development. Prior experience at Northrop Grumman Corporation involved software engineering, where Torres contributed to transforming legacy applications into modern web solutions while mentoring junior developers. Educational qualifications include a Bachelor of Arts in Psychology and Computer Science from William & Mary.
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FHLBanks Office of Finance
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).