FHLBanks Office of Finance
Michael Beauch is a seasoned financial reporting professional with extensive experience in overseeing financial close processes and external reporting. Currently serving as Senior Manager of Financial Reporting at FHLBanks Office of Finance since April 2018, Beauch previously held the same title at CSRA Inc, where responsibilities included SEC reporting and governmental filings. At Freddie Mac, Beauch directed a team responsible for external financial reporting focused on mortgage loan segments. Prior roles include Senior Manager at Etrade Financial, overseeing a substantial investment and debt portfolio, and Director of Finance at AnswerLogic, Inc. Beauch also served as Controller at Computer Learning Centers and Financial Reporting Manager at Friedman, Billings, Ramsey, along with a tenure as Senior Auditor at Arthur Andersen LLP. Beauch earned a B.S. in Accounting from Virginia Tech.
This person is not in the org chart
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).