FHLBanks Office of Finance
Ben Russo has a diverse work experience, with roles ranging from Director of IT Infrastructure & Operations to Manager of Field Engineering. Ben has held positions at various companies including FHLBanks Office of Finance, Clearpath Solutions Group, Transaction Network Services, United Messaging Inc., and Global One. Ben has expertise in UNIX systems administration, cloud services, and managing teams in diverse IT environments.
Ben Russo attended George Mason University from 1988 to 1992, where they studied Biology and Chemistry. Prior to their time at George Mason University, they attended Annandale H.S., although specific dates and areas of study are not provided.
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).