V V Rao
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V V Rao Email & Phone Number

Director of Engineering at New American Funding
Location: Chennai, Tamil Nadu, India 7 work roles 2 schools
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Current company
Role
Director of Engineering
Location
Chennai, Tamil Nadu, India
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V V Rao is listed as Director of Engineering at New American Funding, a with 4795 employees, based in Chennai, Tamil Nadu, India. AeroLeads shows a matched LinkedIn profile for V V Rao.

V V Rao previously worked as Associate Vice President(Engg. Head) at Encora Inc. and Director - Engineering at Isgn Corporation. V V Rao holds B.E. from Andhra University.

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New American Funding

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Profile bio

About V V Rao

CSM, ITIL, PMPA Delivery Leader with entrepreneurial spirit having 15+ years of Managerial experience in building teams, competencies and leading transformational initiatives. Distinguished career in Technology Leadership in BFSI Domain promoting Delivery Excellence in Global Delivery Management, driving technology strategy in line with the Mission & Vision on the organization. Led a portfolio worth 9.6 MM USD within Bank of America from their India locations. Led the transformation of many technology organizations in helping them leverage great technology, adopt effective Engineering Practices, partner closely with Business and built technology and domain capabilities. Contributed in a significant way towards setting up and growing Mortgage Technology, Balboa Insurance, part of Consumer Banking Technology in Bank of America. Created Technology Strategy and execution roadmaps for multiple sub verticals.  Developed, maintained and supported a high volume Servicing Platform catering to Loan Administration of Millions of Loans. Led large teams in India & US guiding and directing them to Migrate 5 MM Loans onto the platform from the legacy system. Acknowledged Domain Expert in Banking & Finance, Manufacturing, and Marketing domains.

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New American Funding
New American Funding
Director of Engineering
Chennai, TN, IN
Employees
4795
AeroLeads page
7 roles

V V Rao work experience

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Associate Vice President(Engg. Head)

Chennai, Tamil Nadu, India

Director - Engineering

Chennai, Tamil Nadu, India

 Managed end-to-end delivery of multiple product lines covering Mortgage Servicing, Construction Mortgages, UI Design and Documentation. Worked closely with Chief Technology Officer to draw company’s technology strategy, operating model and capacity planning etc. Implemented Agile Methodology across all the projects including evolution and deployment of metrics. Managed flagship product called LoanDynamix, a leading mortgage loan servicing platform, hosting millions of loans. Led another product called LoanMomentum which offers services in managing Construction Mortgages.

Jul 2016 - Jan 2020

Vice President

Hyderabad Area, India

 Spearheaded 20+ Programs/Projects in Mortgage Technology in Bank of America. Managed five transformational projects which helped the organization consolidate its business operations. Led technology teams in different phases of Mortgage Loan Life Cycle such as Originations area covering Sales, Fulfillment, Closing Services, Post Closing and Loan Servicing covering Remittance, Customer Contact, Portfolio Communications, Managed Contact Center Applications, Investor Accounting, Home Equity, Loss Mitigation, Foreclosures and Bankruptcy etc. Built a relationship with customers and increased the Head Count in India from 60 to 230 across locations due to the confidence and trust won resulting in huge savings of 75% per resource in the US. Built Application/process level SME capabilities in Application Development, Testing, System Analysis, Production Support, Build & Deployment etc. Championed Agile Methodology in various business areas of Bank. Ensured smooth transition from Waterfall to Agile without major challenges. Developed Technology strategy by aligning to business priorities and developing plans for Projects to help businesses achieve their near term, medium term and long-term goals. Achieved high Customer Satisfaction consistently over years, the latest being 4.38 out of 5. Turned around a chronically under-performing performing project and made it a successful venture achieving highdegree of satisfaction of various stake holders involved. Led a Migration project 5 MM Loans onto the i-series platform.

Apr 2007 - May 2015

Sr. Manager

Visualsoft Technologies

* Projects Handled: Unified Suite for Motorola Inc., USA; CSR for Motorola Inc., USA; Metrics Matrix for Motorola Inc., USA; EstimatorPal and HRMS.* Led a large team executing multiple projects and contributed to the pre-sales, project estimation and preparation of proposals. Served as a member of the SEPG Team.* Provided technical leadership while estimating and evaluating the effort/schedules and managed the team and its grievances while training them on the project architectures.* Managed multiple projects, ensure successful completion of the projects within the approved Budget and smooth execution and implementation of projects.* Carried out detailed planning and scheduling to ensure seamless delivery of the project as per the delivery matrix.* Conceptualized and implemented strategies for growth of business opportunities and achieve consistent profitability and bottom-line profitability through effective program management* Led and guided the team and setting out performance parameters/ deadlines; holding review meetings and monitor the progress of the project as per schedule, and ensured timely completion and delivery of the project.* Key player in analysis, development, and implementation of strategic business plans & policies, ensuring organizational growth, targeting maximum profitability & cost effectiveness.* Identified, resolved /isolated areas of obstructions to catalyze project delivery within defined time & cost parameters.* Assured both quality and customer service while leading and driving advanced/complex development tasks and projects to successful completion.

Jul 2005 - Apr 2007

Auditor

Det Norske Veritas
Apr 2005 - Jul 2005
Team & coworkers

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2 education records

V V Rao education

B.E.

Graduated in Mechanical Engineering from Andhra University in Visakhapatnam. Active participant in Group Discussions in Engineering.

M.B.A., Finance

Pursued the post graduation course to fulfill my aspiration to learn the foundations of management with specialization in Financial Domain.

FAQ

Frequently asked questions about V V Rao

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What company does V V Rao work for?

V V Rao works for New American Funding.

What is V V Rao's role at New American Funding?

V V Rao is listed as Director of Engineering at New American Funding.

Where is V V Rao based?

V V Rao is based in Chennai, Tamil Nadu, India while working with New American Funding.

What companies has V V Rao worked for?

V V Rao has worked for New American Funding, Encora Inc., Isgn Corporation, Bank Of America, and Visualsoft Technologies.

Who are V V Rao's colleagues at New American Funding?

V V Rao's colleagues at New American Funding include Sylvia Roman, Veronica Grimes, Brian Rutt, Big Daddy Gibson, and Vincent Guarino.

How can I contact V V Rao?

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What schools did V V Rao attend?

V V Rao holds B.E. from Andhra University.

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