FHLBanks Office of Finance
Matt Smith is a Senior Risk Analyst at FHLBanks Office of Finance since June 2021, with prior experience as a Risk Management Data Analyst at National Cooperative Bank from June 2017 to June 2021. Earlier roles include finance and accounting internships at Noblis, Crescent Hotels & Resorts, and a maintenance internship at Crescent Hotels & Resorts. Matt possesses a Bachelor of Business Administration in Finance from James Madison University, completed in 2017, and obtained a GED from Langley High School in 2013. Skills include financial analysis, data migration, and efficiency improvements through Excel macros.
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).