Prashanthi Appala

Background

About Prashanthi Appala

Certified Six Sigma Green Belt Manager with a dynamic career of over 18+ years of experience that reflects year on year success and a proven trusted business partner with the ability to implement strategic business plans throughout an organization. Strong business development professional skilled in Operations management, Mortgage Banking, Change Management, Performance Management, Transformation, Innovation and Process Improvement objectives for more than 18 years in Mortgage Industry Associated with Credit and mortgage underwriting, Financial Analysis, Surveillance, Inspections, Insurance, Covenant Compliance and Rent Roll teams as a Subject Matter Expert for a span of 200+ members Complete understanding of the Loan Cycle which includes origination of deals, securitization process and servicing of those deals until their maturity Hands on Experience in underwriting the deals before and after the origination for different product lines like Freddie, FNMA, HUD, Life Companies and CMBS Subject matter expert trainer for US Commercial Real Estate and Credit underwriting Oversee quality control team that handle trainings, QC, and transitions Business SPOC for the creation of Legal Database at organization level Team management experience spanning across multiple teams of Loan Origination and Servicing processes Part of interview panel for the internal and external hiring of the candidates Managing stakeholders by providing timely processes performance updates Handling conflicts with clients (Borrowers, Mortgage Bankers and Servicers) Preparation of US commercial mortgage industry training material and train students of reputed educational institutions for hiring purpose Transitions Management Managing Six Sigma projects till their completion Identifying, developing and implementing best practices using Lean tools that improve overall performance of processes Custodian of Process Maps (Level IV) and SOPs at organizational level Redefining Dashboards at organizational level by timely revisiting the metrics used to measure processes health