Career Opportunities

The debt securities issuance and servicing operation of the Federal Home Loan Bank System is seeking experienced professionals who can operate in a highly dynamic and automated environment.

The Office of Finance offers an outstanding salary and benefits package that includes:

• Competitive salaries
  
• 401K savings with employer match
  
• Group health and dental insurance
  
• Group term life insurance
  
• Short and long term disability insurance
  
• Vision care reimbursement
  
• Flexible spending account program
  
• Tuition assistance
  
• Paid time off and holidays
  
• Gym membership/fitness reimbursement
  
• Flexible schedules
  
• Business casual work environment
  

Please visit www.fhlb-of.com for more information about the FHLBank System.

The Office of Finance is an Equal Opportunity Employer.   EOE/M/F/D/V.

Commercial Software Administrator

Requirements:

The Commercial Software Administrator is responsible for effectively managing COTS applications including learning, testing, implementing change for COTS software. The incumbent is expected to maintain written procedures for administering the COTS software and may be called upon to also include answering questions from COTS users about the application.

In the event that a new COTS product is being considered, the incumbent is expected to contribute to the selection process by participating in demos and other proof-of-concept activity around the selection.

The incumbent must be able to efficiently support the approved COTS Software in the OF's environment. The Office's IT Department has adopted the Information Technology Infrastructure Library ("ITIL") framework and as a result will require the incumbent to be familiar with its practice. Therefore, the COTS Software Administrator must comply with the Office's ITIL Service Support Processes which are Incident, Problem, Change, Release, and Configuration Management. Additionally, at times the incumbent will need to perform cross-divisional troubleshooting when necessary to resolve an issue as a team.

The COTS Software Administrator is responsible for COTS Software Patch Management. This entails surveillance, evaluation and installation of COTS Software updates. The installation of the approved updates must follow the Office's Change Management Process.

The incumbent must be able to provide performance metrics of the COTS Software. This includes but is not limited to availability, resource utilization, Mean Time to Repair (MTTR) and Mean Time Between Failures (MTBF).

Even though the COTS Software Support is not primarily responsible for monitoring the backups, the incumbent is responsible for providing the respective System Administrator the list of files and directories which needs to be backed up for the approved COTS Software.

Other responsibilities include status reporting, completing recurring checklists, and overall technical leadership. The incumbent must be self motivated and team-oriented. The incumbent supports the Office by addressing helpdesk issues and events as they occur in a timely and cordial manner. The incumbent is also responsible for providing and implementing solutions to common business problems in an effort to reduce the dependence on the helpdesk and enable and empower our customers to help solve their own problems.

Qualifications:

• Ability to learn new software packages from both an end-user and administrator point of view.
• Ability to initiate and complete assignments accurately and on time with minimal supervision.
• Ability to communicate well, both orally and in writing.
• Must be organized and detail oriented.
• Minimum three years experience with microcomputer software applications in the Windows environment.
• Minimum three years providing COTS Software support to a mid-size organization.
• Minimum three years administering software on a Windows Server Platforms required.
• Minimum two years exposure working with Unix Server Platforms (Solaris) preferred
• B.S Degree preferred - B.S in Computer Science or related field.
• Must have a team player attitude.
• Experience with at least two of the following COTS Software is required: OpenText Enterprise Content Management Suite,Microsoft Office SharePoint Server, SAP Business Objects, Microsoft Office Suite
• Experience with the following COTS Software is preferred: Apache Web Server, Cold Fusion 8.x or higher, JBoss, Deployment of software packages using SMS or SCCM, Microsoft Dynamics (Solomon)

Please submit cover letter and resume to hr@fhlb-of.com.

Executive Assistant

Responsibilities:

• Executive Assistant to the Senior Director & Chief Accounting Officer, Accounting Policy and Financial Reporting (CAO) provides administrative and secretarial support and serves as a back-up for the executive assistant to the CEO.
• Serves as Staff contact serving as liaison with the Federal Home Loan Banks ("Banks"), Federal Housing Finance Agency ("FHFA") and other entities.
• Coordinate CAO's schedule. Maintain calendar utilizing computer applications and keep senior management apprised of same.
• Coordinate leave schedules for the AP&FR Department to ensure all division functions (Financial Reporting, Accounting Policy, REFCORP, FICO and Accounting Operations, including the Annual Budget) are appropriately managed.
• Assist, as needed, during the production of the quarterly and annual CFRs and Combined Operating Highlights press releases.
• Assist, as needed, during the preparation of the annual budget process and the quarterly budget variance updates.
• Provide administrative support to OF Audit Committee, including coordinating OF Audit Committee Meeting calendar, responding to Audit Committee inquiries and providing requested documentation.
• Provide administrative support to FICO and REFCORP as needed, including coordinating the FICO and REFCORP Board of Directors Meeting calendars, responding to inquiries and providing requested documentation.
• Compile materials for all OF Board of Directors/OF Audit Committee/BPC Accounting & Disclosure Committee/CFO Conference/Controller Conference meetings. Ensure assignment deadlines are met. Coordinate agenda, book assemblage and distribution. Arrange all meeting logistics and notify participants of same. Provide Audit/Board materials to FHFA via Secure Portal.
• Act as Corporate Secretary by taking minutes at OF Audit Committee, CFR Disclosure Committee, CFR Standard Financial Statement Controller Committee, FICO and REFCORP meetings and maintaining appropriate files.
• Assist Capital Markets by taking minutes at both the Non-Callable Debt and Callable Debt Working Group meetings.
• Assist in the preparation of presentation materials for distribution to the Banks, FHFA, independent auditors and others.
• Coordinate the development and universal use of AP&FR Department correspondence formats.
• Perform all secretarial support for CAO and back-up secretarial support for CEO.
• Compose and process information of both technical and confidential content. Maintain strict confidentiality.
• Create, maintain and constantly update CAO's Contacts and Calendar utilizing Microsoft Outlook.
• Answer and screen all incoming calls, ensuring caller is provided prompt and courteous service. Place outgoing calls for CAO.
• Prepare itineraries; arrange all travel accommodations, both domestic and foreign; obtain visas as required; prepare expense reports in a timely manner.
• Special projects as requested by CAO, AP&FR Department and the CEO's executive assistant.

Qualifications:

• Minimum 5 years executive secretarial experience, 70 WPM typing
• Knowledge of Banks, FHFA and OF operations and personnel is essential
• Skilled in PC Windows environment specifically: Word, Excel, PowerPoint and Microsoft Outlook
• Skilled in SharePoint
• Effective oral and written communications skills
• Strong interpersonal skills
• Ability to maintain strict confidentiality

Please submit cover letter and resume to hr@fhlb-of.com.

IT Administrative Assistant

Responsibilities:

• Report directly to the CIO and will provide administrative and secretarial support to the IT management team, including the CIO, the Director of Architecture and Applications Development, IT Operations Manager, Applications Development Manager, and IT Security and Networking Manager.
• Have a general understanding of the corporate information technology environment and its general demands and is expected to be proficient in general office automation tools.
• Resolves administrative problems by analyzing the challenge and suggesting process changes to improve efficiency and effectiveness.
• IT document and records management activity (i.e. managing organization of documents and other record artifacts in Document Management System), including physical document filing when required.
• Execution of vendor contact maintenance activity (address change, etc) and preliminary communications with IT vendors in regard to OF Vendor Management Policy.
• Drafting, transmission, and archival of IT purchase orders and general IT budget tracking, interacting with IT management and accounting operations.
• Facilitating exchange of fixed asset data between IT and Accounting Operations for both new assets and disposed assets.
• Coordinating physical fixed asset inventory for IT fixed assets.
• Construction of IT management reports under the direction of the CIO, including IT metrics and IT audit remediation activity.
• Management Issue Tracking
• Facilitation and tracking of software licensing and renewals
• Typist activity associated with IT policy and procedural documents.
• Other administrative duties as required by the IT management team.

Qualifications:

• Minimum 5 years executive secretarial experience, 70 WPM typing.
• Strong knowledge of IT management activity.
• Knowledge of Banks, FHFA and OF operations and personnel is essential
• Skilled in PC computing environment specifically: Word, Excel, PowerPoint, Microsoft Outlook and document management technology.
• Skilled in SharePoint
• Effective oral and written communications skills
• Strong interpersonal skills
• Ability to maintain strict confidentiality

Please submit cover letter and resume to hr@fhlb-of.com.

Senior Financial Reporting Accountant

Responsibilities:

• Utilize the Financial Reporting System (FRS) to gather information for disclosure in the annual and quarterly CFRs, ensuring that the FRS information gathered meets current SEC/U.S GAAP and best practice industry financial reporting disclosure requirements.
• Track and maintain all FRS/Excel template(s) submissions, confirmations and representations submitted by the Banks and follow up with the appropriate Bank(s) to ensure that delays do not hinder the publication of the annual and quarterly CFRs.
• Prepare Excel files for each FRS submission type and Excel template(s) provided by the twelve Banks to calculate combined disclosures for the quarterly and annual CFRs. Track and maintain all FRS/Excel template(s) submissions made by the Banks and ensure that the most current data are used for the preparation of the combined totals.
• Review financial statement and disclosure information submitted by the Banks (via FRS and/or Excel templates). Follow up with the appropriate Bank personnel for any unusual amounts or discrepancies between the financial statements and disclosure data.
• Review and compare the financial statements and footnote information submitted by the Banks (via FRS and Excel templates) to the audited financial statements during the annual CFR combining process. Follow up with the appropriate Bank personnel for any discrepancies.
• Work to ensure that the pre-established and agreed-upon timeline for the distribution of the combining statements, draft report and publication of the quarterly and annual financial reports are met.
• Supervise one Financial Reporting Accountant who will prepare certain sections of the quarterly and annual combined financial reports, including the combining statements, to ensure accuracy.
• Work with the external auditors by providing assistance with their work on the annual audit, quarterly financial statement review and SAS 72 comfort letter.
• Assist with technical research and analysis regarding accounting and financial reporting questions received from the FHLBanks and provide assistance on accounting research projects with the Accounting Policy group and other special projects as needed.
• Provide assistance with administration/development of FRS as necessary.
• Provide assistance with preparation of materials for OF Board and OF Audit Committee deliberations.
• Provide assistance as needed in the department's participation in the various CFO and Controller subcommittees.
• Provide customer service to the FHLBanks' personnel as needed.

Qualifications:

• A bachelor's degree in accounting from an accredited college or university
• Designation as a Certified Public Accountant with a minimum of five years relevant work experience
• Big Four experience and/or relevant SEC/banking experience required, including mortgage banking experience
• Knowledge of U.S. GAAP and accounting and financial reporting issues including experience with SEC rules and regulations relating to banking and mortgage banking
• Strong technical and research skills, including accounting for derivatives and FAS 133 relevant experience
• Knowledge of banking and mortgage banking industry regulations
• Proficiency with PCs and related software including Excel, Word and PowerPoint
• The ability to initiate and complete work assignments effectively and in a timely manner, with minimal supervision
• The ability to communicate effectively both orally and in writing
• Ability to prioritize tasks, meet deadlines and maintain a high level of performance
• Ability to influence various FHLBank accounting personnel to reach consensus on application of accounting policies
• Professional, service-oriented demeanor
• Strong interpersonal, organization and problem-solving skills
• Supervision experience

Please submit cover letter and resume to hr@fhlb-of.com.

Director, Financial Reporting

Responsibilities:

• Preparation of the draft annual and quarterly combined financial reports of the FHLBanks, including the draft financial discussion and analysis.
• Coordinate the annual and quarterly schedule with the external auditors to facilitate their audit work on the annual and quarterly combined reports and global comfort letter. Also review and provide comments on PwC's global comfort letter as needed.
• Coordinate with the printer in managing the CFR schedule and mailing distribution.
• Preparation of and maintenance of an accounting policies and procedures manual relating to the combined financial report process.
• Establish proper controls to ensure reliability of the combined reporting process.
• Incorporate appropriate disclosures in the CFRs, which reflect regulatory requirements and best practices issued by the SEC, FASB, FHFA and industry peer groups as well as those implemented by the FHLBanks as part of their SEC review comment process.
• Serve on the CFR Disclosure Committee.
• Ensure proper maintenance and timely and continuous updates in the FRS, to reflect current disclosure requirements. Also, lead in the coordination of system implementation/update/upgrade requirements, as needed.
• Keep current on FHFA regulatory interpretations applicable to the combined annual and quarterly financial reports as well as attend appropriate accounting conferences and seminars to stay abreast of current financial reporting issues and developments.
• Provide assistance to the Senior Director and CAO, as necessary, to include but not limited to preparation of materials for OF Board of Directors, OF Audit Committee and FHLBank Presidents Conference deliberations.
• Provide assistance to the Senior Director and CAO in supporting his/her role on the various CFO, controller and internal audit subcommittees. Also, serve and play an active role as a team member on controller subcommittees, as needed.
• Serve as the chair of the Controllers' Standard Financial Statements Subcommittee and ensure timely preparation of the standard template, including review and sign-off by the external auditors and the CFR Disclosure Committee. Review and coordinate in efforts with the FHLBanks to achieve consistent disclosures, especially relating to newly adopted accounting guidance.
• Serve as a main point of contact for the FHFA Call Report System (CRS.Net), addressing CRS related issues as they relate to the FRS.
• Coordinate examinations by the FHFA and reviews/audits by the OF Internal Audit department.
• Review the Financial Reporting Senior Manager and Managers' work for accuracy, completeness and reasonableness.
• Train and set annual performance goals and complete annual review for the Financial Reporting Senior Manager and Managers.
• Provide outstanding customer service to FHLBank personnel.

Qualifications:

• A bachelor's degree from an accredited college or university
• Designation as a Certified Public Accountant with a minimum of fifteen years relevant work experience
• "Big four" experience preferred.
• Strong technical skills including knowledge of US GAAP, including accounting for derivatives and other-than-temporary-impairment losses.
• Detailed knowledge of accounting and financial reporting issues including SEC rules and regulation.
• Knowledge of banking and industry regulations.
• Proficiency with PCs and related software including Excel, Word and PowerPoint.
• The ability to initiate and complete work assignments effectively and in a timely manner, with minimal supervision.
• Ability to prioritize tasks, meet deadlines and maintain a high level of performance.
• Professional, service-oriented and team-oriented demeanor.
• Strong interpersonal, organization, project management, and problem-solving skills.
• A demonstrated ability to work in a collegial environment as well as to manage and develop staff resources.
• Some travel may be required.

Please submit cover letter and resume to hr@fhlb-of.com.

Manager, Financial Reporting

Responsibilities:

• Prepare/update FRS data load requirements to gather information for disclosure in the annual and quarterly combined financial reports, ensuring FRS information gathered meets current SEC/U.S GAAP, regulatory, and best practice industry financial reporting disclosure requirements, which include but are not limited to derivatives, fair value, mortgage-backed securities and other-than-temporary impairment.
• Review financial data including financial statements submitted by the Banks (via FRS and Excel templates) and prepare/review necessary disclosures in the combined financial reports. Ensure follow up is performed with the appropriate Bank personnel for any unusual amounts or discrepancies between financial statements and financial disclosure data.
• Work to ensure that the pre-established and agreed-upon timeline for the distribution of the combining statements, draft report and publication of the quarterly and annual financial reports is met.
• Supervise the review of the printer draft of the quarterly and annual combined financial reports including the combining statements to ensure accuracy.
• Work to ensure that comments on the draft combined financial reports from the FHLBanks, external auditors, regulator and bond counsel have been addressed prior to publication.
• Serve as a point of contact for the external auditors during their review of the combined financial reports. Coordinate external audit efforts to ensure timely review and audit of the combined financial reports.
• Assist with the FHFA's comment letter response process relating to the combined financial reports.
• Assist in the coordination and implementation of the FRS conversion/upgrades, as necessary, which includes: assisting with the creation/maintenance of the project plan, establishing business requirements, preparing and executing test plans, creating reports, confirming historical data transfer, creating end user documentation, providing end user training, and creating new policies and procedures for internal use.
• Co-administer the FRS, which includes account maintenance, report building, user maintenance training/troubleshooting and providing other FRS related support to the FHLBank users.
• Review draft rating agency reports for numerical accuracy and content to ensure that any factual errors have been provided to the rating agency for correction, as needed.
• Prepare initial technical research and analysis regarding financial reporting questions received from the FHLBanks and to provide assistance on accounting research projects and other special projects as needed.
• Provide assistance with preparation of materials for OF Board and OF Audit Committee deliberations, and the department's participation in the various CFO and Controller subcommittees, to include active participation in the Standard Combined Financial Statement subcommittee.
• Supervise various staff members on select projects to ensure accuracy and completeness of work performed relating to combined financial reports and other duties as assigned.
• Provide customer service to FHLBank personnel as needed.

Qualifications:

• A Bachelor's degree in accounting from an accredited college or university
• Designation as a Certified Public Accountant with a minimum of 8-10 years relevant work experience
• Big Four experience and/or relevant SEC/banking experience required, including mortgage banking experience
• Knowledge of U.S. GAAP and accounting and financial reporting statement issues including experience with SEC rules and regulations relating to banking and mortgage banking
• Strong technical and research skills
• Strong analytical, interpersonal, organizational, project management and problem- solving skills
• Supervisory experience
• Knowledge of banking and mortgage banking industry regulations
• Proficiency with PCs and related software including Excel, Word and PowerPoint
• The ability to initiate and complete work assignments effectively and in a timely manner, with minimal supervision
• The ability to communicate effectively with all levels of management and staff, both orally and in writing
• Ability to prioritize tasks, meet deadlines and maintain a high level of performance
• Ability to influence various FHLBank accounting personnel to reach consensus on application of accounting policies
• Professional, service-oriented demeanor

Please submit cover letter and resume to hr@fhlb-of.com.