CORPORATE EDUCATION AND TRAINING
Association of Independent Mortgage Experts | August 05, 2022
The Association of Independent Mortgage Experts (AIME), a non-profit, national trade membership association which supports wholesale mortgage professionals, announced its new training program, the AIME Academy. The AIME Academy’s launch showcases two brand new training programs – the Loan Officer Assistant Training Program and the Processor: Level 100 Training Program – both designed to provide entry-level training for learners without prior mortgage industry knowledge.
“The AIME Academy was created to specifically help Broker Owners and small broker shops, who often lack critical training support in-house, Our association is committed to helping our members effectively scale their businesses, and in order for the broker channel to continue to grow, we need to provide the tools and resources that make it easier for their businesses to thrive.”
-Katie Sweeney, CEO of AIME
Loan Officer Assistant Training Program
The Loan Officer Assistant Training Program is tailored to provide the basics of the mortgage industry and its history, while teaching the responsibilities and expectations of the average wholesale LOA. This self-paced program also highlights the basic requirements from the Fannie Mae, FHA, HUD, VA, and USDA selling guides, and is designed to support wholesale brokerages as part of their internal training processes.
Processor: Level 100 Training Program
The Processor: Level 100 Training Program is the first level of a multi-tier processor training plan, teaching aspiring processors how to analyze initial loan data. Trainees will be able to determine eligibility, including income, property, assets, and credit. This 10-hour competitive syllabus takes learners through five in-depth courses, covering lender regulations, guidelines, IPAC, and various workflows- all specifically designed for the wholesale mortgage channel.
Program learners can work at their own pace towards the next level of certification and all graduates earn skill badges and a completion certificate. Both training programs are available immediately in the AIME Academy with additional courses available in the coming months.
This program is intended to be a game-changer for anyone who wants to step into the wholesale mortgage industry. The nation’s leading mortgage experts developed the coursework for the training program guaranteeing that learners will excel in the fast-paced world of wholesale mortgage lending, adds Mike Cox, AIME’s Vice President of Education.
About Association of Independent Mortgage Experts
The Association of Independent Mortgage Experts (AIME) is a non-profit, national trade membership association created exclusively for independent mortgage brokers. With over 65,000 members, AIME is committed to establishing a community of independent mortgage experts by creating an association that empowers them with unparalleled technology, continued education, and networking support necessary to successfully advise consumers nationwide with their residential mortgage needs. AIME operates with a growth-focused strategy, providing tools and resources to propel the wholesale channel beyond a 25% share of the mortgage market in 2022 and beyond.
CORPORATE EDUCATION AND TRAINING
Ethena | August 04, 2022
Ethena, a modern compliance training platform, announced the launch of its Code of Conduct training. The course transforms the Code of Conduct training that public companies are required to do from a “check-the-box” activity, into training that speaks to each company’s values and shares expectations of what it means to be acting ethically and inclusively.
“A company’s Code of Conduct shares the principles and standards that everyone at the company needs to follow – that’s a really important vision to articulate, especially to new hires, Despite its importance, historically, most organizations have struggled to develop training that keeps company values and standards top of mind throughout the year. Usually, it ends up being generic training and check-the-box attestation. We saw companies hungry for something better but also scalable in the era of distributed teams. That’s why Ethena developed our Code of Conduct training to help build ethical and inclusive companies.”
-Roxanne Petraeus, Ethena CEO and co-founder
In the United States, all public companies are legally required to have a Code of Conduct, a mandate that began with the establishment of the Sarbanes-Oxley Act in 2002. Codes of Conduct have become the standard for building ethical workplaces–so much so that even private companies and growing startups develop their own internal Codes.
A Code of Conduct typically encapsulates mission, core values, and culture statements combined with critical rules and regulations–all of which make for a complex, lengthy document. The density of most Codes has made it difficult for compliance professionals to implement effective training, and even harder for employees to retain that content. It is not uncommon for new hires to read the Code during the onboarding process, sign an attestation saying they will follow the rules stated within the document, and then never hear about the Code again.
From public companies to up-and-coming startups, many organizations want to communicate and re-educate employees about the Code over the course of the year, but that has become increasingly difficult with the amount of required training employees receive. As a result, aspects of Code training either get added onto other training initiatives, or just get passed over due to tight budgets and training fatigue.
Ethena’s fully configurable, off-the-shelf Code of Conduct training makes it easier for compliance officers, Legal and HR teams, and managers to educate employees about the Code consistently while not asking for too much employee time. Companies like Zoom have already deployed Ethena’s training to provide continual opportunities for their employees to learn about the Code of Conduct.
Ethena provides the only Code training that is designed in digestible bits of training, which can be delivered at the Moments that Matter. For example, a company can deliver its “Gifts and Entertainment” training right before the holiday season for maximum learning and retention.
In today’s constantly evolving business landscape, continuous learning in all aspects of an organization is essential, At Zoom, we extend our passion for continuous learning to our Code of Conduct to help foster value- and purpose-oriented teams, just as our product teams leverage their learnings to create the next-generation of product and business innovation,said Lynn Haaland, Zoom’s Chief Compliance, Ethics, and Privacy Officer.
Ethena is a modern compliance training platform that provides innovative, effective training for companies. Instead of just checking a box, Ethena training builds ethical and inclusive company cultures while providing admins with a seamless software experience to navigate the increasingly-complex web of compliance training requirements. Ethena was founded by Roxanne Petraeus and Anne Solmssen, who drew upon their diverse backgrounds in the U.S. Army, consulting and startups to reinvent the stuffy world of corporate training. Ethena was named one of the most promising enterprise startups in 2021 by Insider.
CORPORATE EDUCATION AND TRAINING
Amazon | August 03, 2022
Amazon is partnering with education organizations Beyond 12 and Kaplan to bring even more features to the Career Choice program - one of Amazon’s nine skills training programs. Career Choice already offers pre-paid college tuition to its more than 750,000 hourly employees. With these new partnerships, employees will have access to career coaching, college advising, and specialized career services free of cost. Through the expanded benefits program, employees will receive virtual one-on-one coaching to help them identify the academic programs that best fit their skills and long-term goals, as well as continuous support throughout their higher education experience.
Studies consistently show that expanding access to higher education is a proven way to create social and economic mobility for Americans. According to the U.S. Census Bureau, individuals with some college but no degree earn 18% more than their peers with just a high school diploma, while those with a bachelor’s degree earn 62% more.
However, numerous studies show that access to higher education is only the start, and that all too often students with the best intentions don’t finish their programs. Harvard University studies found that fewer than 40% of community college students earn a certificate or degree within six years of enrollment, and completion rates are even lower for minorities, older students, and part-time students. In fact, the Pell Institute found that only 9% of students with lower incomes earn a bachelor’s degree by their mid 20s, compared with 77% of their higher-earning peers.
That’s why Amazon is investing in programs to help employees get the guidance and coaching they need to be successful students free of cost. While financial constraints are undoubtedly a barrier for students, high-quality academic advising and career coaching improves academic outcomes—especially for lower-income or first-generation postsecondary students.
“While Career Choice has always been complemented by advisement services, feedback from participants has shown that more comprehensive and ongoing coaching would help employees choose programs better aligned to their career goals. We want Amazon team members to successfully navigate the challenges of going to school while working and ultimately use their new skills to find incredible opportunities, These partnerships with Beyond 12 and Kaplan are a game-changing enhancement to our program and the careers of Amazon’s employees.”
-Tammy Thieman, Global Director for Career Choice at Amazon
With these new partnerships, Amazon is envisioning an expansion of the Career Choice program - which has more than 80,000 total participants—that will encourage other employees to take the next step in skills training. Career Choice is designed to put employees on a path toward well-paying, in-demand professions with a coaching framework that empowers them along the way.
Participating in Amazon’s Career Choice Coaching program has been a valuable experience, To know I have a personal coach I can rely on, build a rapport with, and who is committed to helping me advance my career goals has been reassuring, saidCicero Vieira, an Amazon fulfillment center employee in Baltimore.
Beyond 12 is a national technology-based nonprofit whose mission is to improve the outcomes of students from under-resourced communities. The organization supplements live virtual coaching with a mobile app that guides students through activities, deadlines, and behaviors that lead to success throughout their education.
Eliminating the barrier of tuition is a tremendous benefit for Amazon employees, but postsecondary education completion gaps can’t be ignored, Our coaching program helps identify and address the systemic and structural barriers students face before those challenges lead them to drop out. We’re pleased to partner with Amazon to go beyond getting students ‘into’ college and focus on getting students ‘through’ college, saidAlexandra Bernadotte, founder and CEO of Beyond 12.
Kaplan helps prepare students for higher education by offering test prep, including for license and certification exams, while also offering degree programs, English learning, and pathway programs. Kaplan’s program with Amazon will connect employees to career services, such as networking, resume development, job interview preparation, and online brand building services, to enhance job placement.
Kaplan is committed to helping people succeed, and this exciting new partnership with Amazon builds on our proud legacy of changing lives and building stronger futures. We’re thrilled to be empowering so many thousands of hardworking employees at Amazon and look forward to being at their side until they’ve reached their educational and professional objectives, said Greg Marino, CEO of Kaplan’s North America division.