Ocwen Financial

  www.ocwen.com
  www.ocwen.com

Ocwen Financial Reviews

Updated November 6, 2014
Updated November 6, 2014
195 Reviews
2.3
195 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Ocwen Financial President, CEO, and Director, Ocwen Financial and Ocwen Federal Bank Ronald M. Faris
Ronald M. Faris
78 Ratings

Review Highlights

Pros
  • good salary and good responsibility (in 8 reviews)

  • good pay , nice facilities very, good friends (in 6 reviews)


Cons
  • Management, strict, stringent, no work life balance (in 7 reviews)

  • Senior management never speaks up for their teams (in 9 reviews)

More Highlights

30 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Its been a good experience so far

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Home Retention Consultant in Coppell, TX
    Current Employee - Home Retention Consultant in Coppell, TX

    I have been working at Ocwen Financial full-time (more than an year)

    Pros

    As with this job or any other job it is what you make of it. I have had a pretty positive so far. We are given the tools and the autonomy we need to get the job done. Upper management is pretty supportive and cognizant of our efforts.

    Cons

    Some of the challenges are meeting monthly goals. Making sure you meet call quality goals is one of the biggest challenges.

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    I enjoyed the position and the bonus structure. I did not agree that there are no pay increases.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Home Retention Consultant in West Palm Beach, FL
    Former Employee - Home Retention Consultant in West Palm Beach, FL

    I worked at Ocwen Financial full-time (more than 3 years)

    Pros

    The company is very solid and well organized. The compensation package is good until you realize that there are no raises. There is a clearly defined chain of command.

    Cons

    There is a lot of politics and it is easy to get lost. There are very few promotion opportunities in the WPB office. Management views is based on the team lead and there is a lot of variations of the interpretations.

    Advice to ManagementAdvice

    Salary should be considered based on experience and tenure. I don't think it is fair for a new employee to have the same pay structure as an employee that has been there 5 years.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Analyst
    Former Employee - Data Analyst

    I worked at Ocwen Financial full-time (more than 10 years)

    Pros

    When I was there it was not difficult to maintain a work/life balance, but I have heard it is more difficult since I left.

    Cons

    They tended to seek to avoid problems rather than solve them.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Analyst, Contract

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst, Investor Reporting in Coppell, TX
    Former Employee - Analyst, Investor Reporting in Coppell, TX

    I worked at Ocwen Financial as a contractor (less than an year)

    Pros

    Professional appearing office environment, Coppell. Some good coworkers and contractors. Depending on who you work for it can be a positive experience with support for your position.

    Cons

    Lack of process documentation related to data requires seeking out individuals.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Low stress high quality expectations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Home Retention Consultant in Houston, TX
    Current Employee - Home Retention Consultant in Houston, TX

    I have been working at Ocwen Financial full-time (more than an year)

    Pros

    Great bonuses structure most departments.

    Cons

    Unrealistic quality expectations. Poor entry level management

    Advice to ManagementAdvice

    Get team leads training

    Recommends
    Positive Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    As long as you can lead and show your continued overall value you have no problem staying employed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - IT Manager in West Palm Beach, FL
    Current Employee - IT Manager in West Palm Beach, FL

    I have been working at Ocwen Financial

    Pros

    Innovative and Cutting Edge Technology

    Cons

    Global market competition leading to more offshoring.

    Advice to ManagementAdvice

    Always have a backup plan.

    Recommends
    Approves of CEO
  8.  

    A fantastic company to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Irving, TX
    Current Employee - Anonymous Employee in Irving, TX

    I have been working at Ocwen Financial

    Pros

    Great benefits, flexible work hours, good pay, opportunities to grow, with a great professional environment.

    Cons

    Lack of Consistency on processes and procedures.

    Advice to ManagementAdvice

    Need to work on that bureaucracy.

    Approves of CEO
  9.  

    Working with Litton has been a great opportunity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Technologist I in Houston, TX
    Current Employee - Business Technologist I in Houston, TX

    I have been working at Ocwen Financial

    Pros

    Great people to work with.

    Cons

    No need to work with Litton any more. The company has been sold, and there is no Litton Loan Servicing any more.

    Recommends
    Approves of CEO
  10.  

    Satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst in Houston, TX
    Current Employee - Business Analyst in Houston, TX

    I have been working at Ocwen Financial

    Pros

    Litton is a good place for work experiance.

    Cons

    They do not have very competitive salaries.

    Advice to ManagementAdvice

    N/A

    Approves of CEO
  11.  

    good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Analyst in Bangalore (India)
    Current Employee - Investment Analyst in Bangalore (India)

    I have been working at Ocwen Financial full-time (less than an year)

    Pros

    salary highly paid. good enivronment, gives you a good career.

    Cons

    there is no cons i found. only the office place is small.

    Doesn't Recommend
    Positive Outlook

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