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Freddie Mac

"Made to Order: Building a Career in IT"

Below is an article originally written by PowerToFly Partner Freddie Mac, and published on January 22, 2020. Go to Freddie Mac's page on PowerToFly to see their open positions and learn more.

So you're about to graduate or just graduated college with a cyber- or tech-related degree and you're ready to put your skills to test in the real world. But the problem is, you have absolutely no idea what you want to do. And you're not even sure how your IT skills translate to a career.

Meet Iesha. She felt the same way and then some. But with the help of a college hire program, a little creativity and some self-realization, Iesha found her home at Freddie Mac.

Starting With a Passion for CreativITy

Iesha's career in IT was born from an early love of video games: how they're concepted, designed, developed and tested. As a child, she was fascinated by how creativity and technical skill fuse to make a final product — how programming could be so inventive.

People don't usually think about IT as a creative industry, but in my eyes, it's one of the most creative trades. You can make anything — in so many ways.

But the creativity doesn't stop at the products, Iesha says. IT allows you to be creative in your career path too. With endless opportunities, including in cyber security, business management, risk, development and programming, you can pave a unique path that serves your passion.

Going Full Circle

After graduating college, Iesha knew she wanted a job that gave her the opportunity to learn and develop. She landed in Freddie's Technology Analyst Program, the perfect fit for students who are transitioning from college to corporate. Trying different jobs, learning new skills, making lasting relationships and finding her passion were all significant parts of her experience.

Ultimately, Iesha realized she loved IT but also loved working with people, so she sought a career in which she could do both.

I had the IT part down pat, but I wanted to be more client-facing and business-focused. Now I'm in a position that commingles both. I do a little IT, I do a little business and I get to meet a lot of awesome people all the time.

Now, Iesha helps lead the early career hire program for IT, which includes the analyst programs and internships. Originally inspired by design and coding, Iesha now blends her business acumen with her IT know-how to raise the bar for Freddie Mac's talent pipeline and help the next generation launch their careers.

Paying IT Forward

Iesha owes a lot of her success to her mentors with whom she still has relationships with and continues to learn from. After starting in the analyst program at Freddie Mac, Iesha was paired with a mentor who helped her navigate the many challenges of the professional world. Whether Iesha needed motivation to get out of her comfort zone, a plan for earning a promotion later down the line or a push to uncover her hidden strengths, her mentor was there with advice and support.

The roles are now reversed. In managing the college hire program for IT, Iesha serves as a mentor for the students and recent graduates she recruits. She works with them to refine their skills and plan their next steps, helping them to recognize their strengths and figure out what path in IT suits them.

Bringing IT Home

If a passion for creativity, strong technical skills and a desire to make an impact led Iesha to Freddie Mac's doorstep, the people, mission and culture make Freddie Mac home.

Iesha is one of hundreds of people leading Freddie Mac's IT journey forward. The team, built by and for experts in technology strategy, cyber security, development and programming, among others, is smartly and efficiently navigating an ever-shifting universe of technology and building a world-class operating platform to back the housing industry.

And that's why Iesha chose Freddie. She was ready to use her expertise to guide a transformation, ready to learn new things, ready to see her work make a difference for not only a business, but for real people looking to one day have their own place to call home.

It's important to me to feel like my talents and knowledge implicate a larger issue — actually make a difference. I didn't want to be another cog in the wheel. That's why Freddie Mac is the place for me.

From feeling uncertain about her career path to leading a team of her own in just a few short years, Iesha has demonstrated how to find one's niche in a large, evolving industry and make her mark on a future-focused company. She listened to herself, asked a lot of questions and said "yes" to the opportunities in front of her.

Finding Your Niche at Freddie Mac

Does what Iesha experienced after college sound familiar? Are you ready to try new things and use your skills to make an impact? Check out open positions and learn more about careers at Freddie Mac at FreddieMac.jobs.

Freddie Mac

"How We Stay Ahead of the Game? In Data We Trust."

Below is an article originally written by PowerToFly Partner Freddie Mac, and published on December 4, 2019. Go to Freddie Mac's page on PowerToFly to see their open positions and learn more.

How is data helping us anticipate new opportunities to support today's borrowers? Meet Single-Family Business Qualitative Analytics Manager and Senior Economist Jaya Dey.

Q. What is your role at Freddie Mac?

A. I joined Freddie Mac in 2015 to lead the market research team for Affordable Lending and Access to Credit. As a former economics professor, I was excited about all the different data arenas I could play in. My team's primary responsibility is to research housing issues with a focus on affordability. We look for trends that provide clues as to how we can help expand affordable distribution, responsibly provide access to credit and remove barriers to homeownership.

To socialize our work, I write research articles and present them on academic and nonacademic platforms. In collaboration with our partners, I share my research findings at events to inform and educate a wide range of housing stakeholders. We try to make our research digestible and actionable.

Q. How does your research support the business and the industry?

A. We support a variety of internal groups who use our research for outreach, new products and pilots with maximum impact. For example, we work with the borrower outreach team that manages our CreditSmart® program and our Borrower Help Centers, both of which provide potential homebuyers with financial education and other services to help them prepare for owning a home. Our research helps that team better understand the communities they serve. We also collaborate with the Duty to Serve team on various topics, such as understanding high-needs rural markets, first-time homebuyers' counseling experiences and energy-efficient markets.

Q. How does using data help us advance our mission?

A. Everyone deserves to have a safe and affordable place to call home. We use our data to help reveal barriers to homeownership and find the best way to combat those barriers.

For example, for low- to moderate-income borrowers living in high-cost areas, coming up with a down payment is a particularly constraining barrier. But 20% down may not be necessary, especially if they're a first-time homebuyer. So, a lack of knowledge is another barrier. In fact, there are a variety of low down payment options for today's borrower, some even as low as 3% for qualified homebuyers. If we can ease that burden by educating potential borrowers about their options, we are helping to make home possible.

Q. Has anything surprised you about the data you've seen?

A. Yes! People think that student loan debt is a huge barrier to homeownership. But the data reveals that only 10% of the population has student loan debt. Moreover, only 20% of millennials do, and only 4% of them have student loan debt above $45,000.

If you take a holistic view of what is driving homeownership — student loan debt, income, house prices, marital status, etc. — you find that student loan debt has a very small impact on the homeownership rate. This is a huge myth-buster for most people.

Q. Why is data important to our business?

A. Data isn't biased. It doesn't have any special agendas. It tells us where the pain points are and gives us a pretty accurate picture of what's going on in the market. When we let the data speak for itself and make decisions based on the data, we are leveraging our research to the best of our ability.

Connecting all the dots is hard work for the team, but we enjoy it!

Freddie Mac

Freddie Mac: Home to Impact

You have the power to turn your talents into impact. Help guide our mission and shape how we make home possible for families across the nation.

Click here to see all available opportunities at Freddie Mac and don't forget to press 'Follow' to receive custom job matches, event invitations and more!

Freddie Mac

Freddie Mac: Home to Opportunity

We offer impactful work, an inclusive culture and the opportunity to harness tech while supporting our mission of making home possible for families across the nation.

Click here to see all available opportunities at Freddie Mac and don't forget to press 'Follow' to receive custom job matches, event invitations and more!

Freddie Mac

Freddie Mac: Home to Wellness

You support our mission, and we support your career goals and total well-being.

Click here to see all available opportunities at Freddie Mac and don't forget to press 'Follow' to receive custom job matches, event invitations and more!

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