FHLBanks Office of Finance
Megan Dougherty is an experienced finance professional with a diverse background in capital markets risk, operations, and compliance. Currently serving as Senior Manager of Capital Markets Risk, Operations and Compliance at the FHLBanks Office of Finance since August 2012, Megan has previously held roles including Manager and Senior Term Funding Officer within the same organization. Prior experience includes positions at the Federal Home Loan Bank of Des Moines as Trader and Capital Markets/Treasury Analyst, as well as a Banker at J.P. Morgan and Technical Sales Representative at Molex. Megan holds a Bachelor of Business Administration in Marketing from The University of Iowa Tippie College of Business and has earned both a Master's degree in Finance and a Master of Business Administration from Drake University and The University of Iowa Tippie College of Business, respectively.
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).