Back to Basics – Building Business in a Changing Market

Transcript Back to Basics – Building Business in a Changing Market

presents the Latina Personal Power Program Welcome to the National Hispana Leadership Institute 2011 webinar series with: Overview of Fannie Mae and the Job Application Process

Module 1: Know Yourself

About NHLI The National Hispana Leadership Institute is the premier leadership organization preparing Latinas for positions of national influence, public policy impact, and to contribute to the advancement of the Hispanic community. www.nhli.org

•

Today’s presenter, Mike Kessler, Director of Human Resources, Fannie Mae, will answer some of your questions during and at the end presentation.

•

After the webinar, you will be prompted to complete a short survey. Your feedback will allow us to tailor our webinars to your needs.

•

The webinar will be recorded and will be made available on NHLI’s website: www.nhli.org

For questions e-mail nhli @nhli.org

Overview of Fannie Mae and the Job Application Process

2011 3

Fannie Mae?

   Have never heard of Fannie Mae Recognize the Fannie Mae name but not familiar with its business Very familiar with Fannie Mae’s role in the secondary mortgage market

Agenda

         Fannie Mae overview Our challenges and role in housing market Fannie Mae’s response to the housing crisis Diversity, inclusion, and volunteerism Career development Benefits and work/life We seek qualified candidates in the following areas Hiring process To apply for a position

Fannie Mae Overview

 Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets.

 Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers.  Our mission has never been more critical than it is right now.

  

Our Challenges and Role in the Housing Market

On September 6, 2008, Director James Lockhart of the Federal Housing Finance Agency (FHFA) appointed FHFA as conservator of Fannie Mae. In September 2008, we also entered into an agreement with the U.S. Department of Treasury that was most recently amended in December 2009. Under the agreement, Treasury will provide us with capital as needed to correct any net worth deficiencies that we record in any quarter through 2012. The agreement is intended to ensure that we are able to continue providing liquidity and stability to the housing and mortgage markets. We are focusing on five actions to build a stronger, more sustainable foundation for housing: 

Keep liquidity flowing

   

Help distressed homeowners Encourage sustainable lending Support rental housing Build a better company 7

Fannie Mae’s Response to the Housing Crisis

"We provide essential liquidity to the housing market to ensure families can buy, refinance or rent housing – in good times and bad. Through our foreclosure prevention efforts, Fannie Mae helps families stay in their homes whenever possible. Additionally, the company is building a strong new book of business to deliver long-term value."

Michael Williams, President and Chief Executive Officer, Fannie Mae

Diversity, Inclusion, and Volunteerism

 Fannie Mae is committed to equal opportunity in employment and a work environment that values diversity and inclusion in the workforce, workplace, and marketplace.

 We strive to create an environment where employees can fully engage and contribute their diverse ideas and perspectives toward innovative solutions that help us meet our mission and goals.

 We offer employees volunteer opportunities to help build strong communities.

Fannie Mae volunteers at Habitat for Humanity home-building event

 We have

12 Employee Resource Groups

that offer employees opportunities to interact with others with similar interests or backgrounds.

Years in Profession

    0 – 5 years 6 – 10 years 11 – 19 years 20+ years

Receptivity to Career Transition

    Not interested in a new role at this time Not actively looking but open to discussion Actively looking to make a move in the next year Would accept the next strong offer I receive. Looking to move now.

Career Development

 We believe talent, hard work, and high performance should be recognized and rewarded.

 We provide competitive salaries, benefits, training, and enhanced development opportunities to help you proactively manage and build your career at Fannie Mae.

Development Opportunities eCampus

: More than online training courses from 1,500 highly-regarded sources

Instructor-led training ACE Program

(Assistance for College Education)

Start Partners:

To help new employees make successful transition into company

Benefits and Work/Life

         Medical and Prescription Drug Coverage Dental Insurance Vision Insurance Health Care Flexible Spending Account Short-Term Disability Policy Long-Term Disability Insurance 401(k) Retirement Savings Plan Life Insurance Supplemental Employee and Dependent Life Insurance    Business Travel Accident Insurance Business Casual Attire Fitness Center Discounts           Free Parking or Mass Transit Subsidies Financial Planning Free Health Screenings and Healthy Living Day Off Employer Assisted Housing Employee Referral Program Paid Vacation, Holidays, and Sick Leave Volunteer Leave Adoption Expense Reimbursement Childcare Resource and Referral Elder Care Advisor

We Seek Qualified Candidates in the Following Areas

      Single Family  Housing and Community Development  Credit Loss Mitigation and Servicing Technology Operations Finance Capital Markets Legal  Business Analytics and Decisions  Human Resources  Corporate Administration  Internal Audit  Communications  Office of Community and Charitable Giving  Compliance and Ethics  Enterprise Risk Office

Hiring Process

Phase I: Post Position

The position is posted on

fanniemae.com

and other locations.

Phase 2: Identify Talent

Our recruiters identify talent through a variety of means, including reviewing resumes, conduct phone screenings, compare candidate skill sets, and sharing resumes with hiring managers and other key decision makers. The goal is to match candidates’ qualifications, knowledge, skills, and backgrounds with the requirements of the position to be filled.

Phase 3: Assess Talent

If you are invited for an interview, you likely will have a discussion with the hiring manager and other individuals with whom you could be working on a daily basis.

Phase 4: Offer Position

If Fannie Mae determines that you are the most appropriate individual for the position, a job offer is made. The job offer is contingent upon your successfully meeting criteria including a background check, drug screening, and credit check, when applicable.

To Apply for a Position

Please visit

www.fanniemae.com/about/careers

Search for opportunities by position level, location, organization, or job number. Once you locate a position you wish to apply for, click on the job title and the position description will appear. To apply, click the

“Apply Online”

button.

During the registration process, first time users will need to create a candidate profile by entering your personal information. You will be required to answer some prescreening questions and will be requested to upload a copy of your resume. If you are selected to continue in the hiring process, you will be asked to complete the Fannie Mae employment application. Once you have applied for a position, please retain your user name and password to make it easier to log in, apply for additional opportunities, and edit your profile.

Thank you for attending NHLI’s webinar: Overview of Fannie Mae and the Job Application Process To stay connected and get news of future webinars, events and programs: Join NHLI’s mailing list @ www.nhli.org

Follow NHLI on Twitter: Twitter.com/nhli and become a National Hispana Leadership Institute (NHLI) fan on Facebook today.

For questions on NHLI webinars, e-mail nhli @nhli.org

presents the Latina Personal Power Program Upcoming NHLI Webinars:

Community Health Centers & Affordable Care Act: How it will affect your healthcare and your communities

November 16, 2011 at 1:00 PM EST

Dates to Remember:

Executive Leadership Training Conference & Mujer Awards November 3-4, 2011 Follow NHLI on Facebook, Twitter, & www.nhli.org

for more updates!