Diversity Journal First Quarter Magazine 2022

Page 66



Co-Founder and President

LEADERS Worth Watching




Patty Arvielo

Get out of Your Tower of Success and Share Your Hard-Earned Wisdom

Education: n/a Company Name: New American Funding Industry: Mortgage Lending Company CEO: Rick Arvielo Company Headquarters Location: Tustin, California Number of Employees: 4,800+ Words you live by: If you see it, you can be it. Who is your personal hero? My husband, Rick What book are you reading? OMG WTF Does the Constitution Actually Say? by Ben Sheehan What was your first job: Clerical position at TransUnion Credit Favorite charity: Big Brothers Big Sisters of Orange County Interests: Traveling and spending time with my friends and family Family: My husband, Rick, daughter, Tara, and two sons, Trevor and Dominic


2022 First Quarter

I think it’s important to embrace being a leader. Not just in word, but in deed as well. You have to walk the walk. As a first-generation Hispanic-American who built my company into a mortgage industry powerhouse, I feel I can serve as that example for a whole new wave of Latinx leaders. It’s important to be the example, so they can see you as the example. But that’s only part of the equation. Yes, they need to see you as something to aspire to. But beyond that, they need to see you as someone they can rely on and learn from. You can’t be walled off in your ivory tower of success. You need to be ready and willing to share your knowledge. That’s why I have long believed in giving back to the next generation. I learned early in my career about the importance of having someone to guide you. I had several mentors who helped me build my career, and I wouldn’t be where I am today without them. That’s why I have long believed in the power and importance of mentorship. I want to help others find their way, which is why I established the “Thrive and Lead” mentorship program several years ago. Through “Thrive and Lead,” I work closely with professionals to help them navigate the challenges and triumphs that come when building their career. And the program isn’t limited to those who work with us at New American Funding. We welcome those from outside the business as well. At New American Funding, we also launched our “360 Mentorship Program,” a program to help team members develop professionally through in-depth, one-on-one matching of mentees with experienced senior mentors. These programs work to uplift as many people as possible, so they are positioned to achieve success. Beyond that, I think it’s important for today’s leaders to put their success to use and invest in the future, especially the future of Latinx leaders. That’s why I deepened my commitment to support the next generation by acquiring a majority stake in #WeAllGrow Latina, the largest and most established community of Latinas online. The group works to elevate Latinas’ voices and stories via the power of community. I also invested in Encantos, an award-winning educational technology company that focuses on bilingual education. These investments are just a piece of what I expect to be a growing financial commitment to investing in the future of Hispanic leaders. For me, it’s always been about investing my time, attention, expertise, and money to support the next generation. And I hope others follow my lead.