OMWI News

Monday, July 23, 2012

FRB Richmond Supplier Diversity fair

Most of these are bogus: how many "suppliers" actually get money as a result of attending? They never tell you because the number is zero or close to it....but, FYI...

Supplier Diversity Vendor Fair.
Thursday, September 6, 2012
1:00 p.m. - 5:30 p.m.
The Federal Reserve Bank of Richmond
701 E. Byrd Street
Richmond,Virginia

Event highlights include:

Educational sessions, including capacity building and how to do business with the Federal Reserve Bank of Richmond (like you need to be told how to do business....)

Networking opportunities with Bank procurement and end user staff, selected prime suppliers and resource organizations (meaning you get to talk to these guys. They count this toward their goals, but you never see any money...)

We should start to boycott events like these until they actually produce results, meaning money...

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Thursday, July 19, 2012

Office of the Comptroller of the Currency (OCC) Women-Owned Business Workshop

The Office of the Comptroller of the Currency (OCC) is hosting a Women-Owned Business Workshop to provide technical assistance for women-owned businesses newly entering or considering doing business with the federal government. This event will feature presentations from federal government representatives, including the U.S. Small Business Administration (SBA), U.S. General Services Administration (GSA), and OCC Contracting Representatives on: (1) the SBA's new Women-Owned Small Business (WOSB) Federal Contract program, which authorizes contracting officers to set aside certain federal contracts for eligible WOSBs or economically disadvantaged women-owned small businesses (EDWOSBs); (2) a primer on the GSA Schedules program and Alternatives to Schedules; and (3) foundation, tools, and connections to expand federal contracting opportunities for women-owned businesses.


WHERE: Office of the Comptroller of the Currency, 250 E Street SW, Washington, DC 20219


DATE: Wednesday, August 15, 2012


TIME: 9:00 am - 12:00 pm


REGISTRATION INFORMATION: All vendors must register in order to participate. Vendors who do not register in advance cannot participate. Registration opens on Tuesday, July 10, 2012, at 12:00 noon, Eastern Standard Time, and closes on Tuesday, August 7, 2012, at 5:00 pm, Eastern Standard Time. The FBO notice will be updated when the registration spaces are full. Registrations must be sent to the OCC's Office of Minority and Women Inclusion e-mail address at: OMWI-Outreach@occ.treas.gov


The e-mail subject line must state Women-Owned Business Workshop - August 15, 2012. The body of the email must include the name and address of the company, the company's DUNS number, and the full name of the person planning on attending the event. Registration requests that do not contain the aforementioned information will not be considered. Registration requests will not be taken by telephone.


The business must be women-owned at the time of the event. Any change in socio-economic status must be reported to the OCC immediately. The event is open to all women-owned businesses as described, however, registration is on a first come, first served basis. Eligibility will be confirmed before confirmation of your registration. Security information will be sent with your confirmation e-mail. You are not confirmed for this event until you receive a confirmation e-mail from the OCC.


DUE TO SPACE LIMITATIONS, THERE ARE ONLY 70 SPACES AVAILABLE FOR THIS EVENT. ONLY 1 PERSON PER COMPANY WILL BE ALLOWED TO REGISTER.


Please ensure that your firm is registered in the Central Contractor Registration database (www.ccr.gov). If you have any questions regarding this event, please e-mail OMWI-Outreach@occ.treas.gov.


Place of Performance: 
Office of the Comptroller of the Currency
250 E Street SW
Washington, DC 20219 
United States


Primary Point of Contact: 
Rhonda Trent
Acquisition Management Division
Small Business Specialist
OMWI-Outreach@occ.treas.gov


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Monday, April 30, 2012

CFPB Appoints OMWI Office Director

"The new consumer watchdog agency on Monday appointed an outgoing
member of the Equal Employment Opportunity Commission to lead a new
office to promote diversity at the agency and in the financial
services industry.

Stuart Ishimaru, who served as acting EEOC chairman from 2009-2010,
will lead the Office of Minority and Women Inclusion at the Consumer
Financial Protection Bureau. The agency and other federal banking
regulators were required to create such offices as part of the 2010
financial reform law."

http://www.latimes.com/business/money/la-fi-mo-financial-diversity-20120430,0,2784842.story

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Friday, April 20, 2012

SEC Releases OMWI Report

"The report notes that during fiscal year 2011, the SEC awarded $228
million to contractors. Of this $228 million, the SEC awarded $38.38
million (16.8%) to minority-owned businesses and $15.69 million (6.9%)
to women-owned businesses.

The report also discloses that during fiscal year 2011, OMWI had
limited staff as the office was newly created, and was unable to
provide in-depth technical assistance to minority-owned and women-
owned businesses. In fiscal year 2012,OMWI is in the process of hiring
more staff and will have the resources to provide businesses seeking
contracts with the SEC with a comprehensive overview of the
contracting process from the proposal phase to the contract award
phase, including an overview of the process of bidding on a
requirement."

http://www.sec.gov/news/studies/2012/omwi-annualreport.pdf

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Thursday, April 19, 2012

Lack of Diversity at NCUA

"The NCUA has acknowledged it falls short in employing Hispanics at
all levels and minorities at high pay grade levels.

The findings were released this week as part of a Dodd-Frank Act-
required report to Congress from the NCUA's Office of Minority and
Women Inclusion.

The NCUA's report didn't list specifics, but according to EEOC's
FY2010 report on NCUA, Hispanics represented only 4.15% of total
employees, compared with 76.15% who classified themselves as white.
Overall, the NCUA employs 46% women and 13% African Americans.

In senior pay levels, there was even less diversity at the agency.
Only 2.44% of highly paid employees were Hispanic, and 2.44% African
American. More than 90% were white, and nearly 76% were men. Hispanics
and African Americans represent 2.5% of senior level managers; only
25% of NCUA senior level officials are women, a number relatively
unchanged since 2006.

Key barriers to more diversity the NCUA identified included the fact
that the regulator is a small agency not well known to the general
public, the loss of hiring flexibility through the Federal Career
Intern Program, which was used to recruit new hires from college
campuses, and the nature of the government hiring process itself,
which favors veterans.

The NCUA listed a number of strategies to improve diversity, including
a shift in how open positions are advertised and incorporate diversity
goals into its strategic plan and annual performance budget.

As for diversity within the industry, credit unions with 100 employees
or more that are legally required to report diversity data to the
Equal Employment Opportunity Commission say women make up 42% of
executive and senior level positions.

Additionally, women at large credit unions comprise 65% of mid-level
management positions, and make up 71% of the total workforce.
Minorities did not fare as well: only 11% of executive and senior
positions were persons of color, with minorities representing 31% of
the total workforce.

Reporting credit unions represent 7.5% of all federally insured credit
unions, but employ 25% of all industry workers. The NCUA said in its
report that "even though this data does not capture the entire
industry, it represents a substantial sample that is consistent with
NCUA's experience."

The NCUA also said field of membership and geographic service areas
may limit a credit union's ability to hire minorities. Some rural
credit unions are in areas with few minority residents. Others are
chartered to serve FOMs that reach only specific ethnic and racial
groups.

"These factors could limit their ability to become diverse if they
strive to hire employees and management that reflect the members they
are chartered to serve," the report said.

The report can be found on the NCUA's website."
http://www.ncua.gov/Legal/Documents/Reports/OMWI2011.pdf

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Monday, April 16, 2012

Goldman..to Disclose NYC Workers’ Race, Gender Data

http://twisri.blogspot.com/2012/04/goldmanto-disclose-nyc-workers-race.html

From the New York Times,"At the behest of New York City's public
pension funds, two of the biggest financial companies with
headquarters in the city, Goldman Sachs and MetLife, have agreed to
publicly disclose information about the racial and gender breakdowns
of their staffs."

Also see: http://www.nytimes.com/2012/04/16/nyregion/goldman-sachs-and-metlife-to-disclose-staff-diversity-data.html

Also see: http://www.americanbanker.com/bankthink/goldman-has-some-gall-seeking-profit-in-housing-1048229-1.html

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