FHLBanks Office of Finance
Kathryn Ozimek is an experienced internal audit professional currently serving as Internal Audit Manager at FHLBanks Office of Finance since September 2016, following a role as Senior Internal Auditor there. Prior to this position, Kathryn worked as a Senior Internal Auditor at K12 for a brief period in 2016 and held similar roles at Strayer University from January 2012 to April 2016, where Kathryn advanced from Internal Auditor to Senior Internal Auditor. Kathryn began a career in auditing at Ernst & Young, contributing as an Auditor from September 2010 to December 2011. Kathryn holds a Bachelor of Business Administration in Accounting from the University of Notre Dame, earned between 2006 and 2010.
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).