Michael Powers

Michael J. Powers

Area(s) of Expertise: Finance, International
Key Industries: Financial Services

Experience

Federal Housing Finance Agency, Portfolio Manager and Ombudsman
Led the examination and supervision of six Federal Home Loan Banks. Served as initial Ombudsman for all dispute resolutions with the regulated entities (Federal Home Loan Banks, Freddie Mac, and Fannie Mae) and the public.

PricewaterhouseCoopers, Director, Regulatory Advisory Services Practice
Provided expert advice to domestic and foreign companies, financial institutions, and governments. Services included: banking, corporate governance, credit assessment, and regulatory best practices. Clients worldwide with a particular focus on North America and Asia.

1st Interstate Bancorporation, Senior Vice President for Credit Review
Managed a team of credit review professionals in the oversight and assessment of credit quality. Portfolios included all credit products such as commercial, real estate, international, and consumer loans.

James Madison Ltd., Executive Vice President, Acting President
Served as head of credit review for this four bank holding company heavily concentrated in real estate credit during a time of market turmoil and retrenchment.

Farm Credit Administration and Office of the Comptroller of the Currency. Director of Analysis and Supervision and Director of Administration respectively.
Twenty years regulating and supervising the agricultural and national banking systems in the United States.

Education
  • BBA, Finance, Iona College, New Rochelle, New York
  • Certificate, Graduate School of Banking, University of Wisconsin, Madison, Wisconsin
  • Certificate, Senior Bank Officers Program, Harvard University, Cambridge, Massachusetts
  • Certification, Executive Management, Indiana University, Bloomington, Indiana