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Ocwen Financial Reviews
696 reviews
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Full-timePart-timeApprove of CEO
Ronald M. Faris
350 Ratings
Pros
"Great working environment and good pay" (in 41 reviews)
"Employee Centric, Timely Solutions and Great Work Environment" (in 38 reviews)
Cons
"Work - Life balance - Traffic - travelling to pritech park office will leave you drained" (in 27 reviews)
"No work life balance huge politics no farm work in company" (in 11 reviews)
- Featured Review
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"Friendly environment and good people"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsNegative OutlookApproves of CEOI worked at Ocwen Financial full-time
Pros
HR really works with you
Management is open to critiques and encourages suggestions
Lots of networking events for women
Family like work environment
Open door policy
Good benefits
Exit process easy and explained wellCons
Business practices aren't the best
In a lot of hot water so your job isn't guaranteed
CEO is very straight to the point
A lot of job sectors being liquidatedAdvice to Management
Keep listening to your people and make sure you operate within compliance better so you don't have to let good people go
Ocwen Financial 2018-01-25 12:14 PST ![Ocwen Financial Logo]()
"Great Employer focused on helping customers"
StarStarStarStarStarRecommendsPositive OutlookApproves of CEOI have been working at Ocwen Financial full-time
Pros
employee friendly policies; senior leadership direction
Cons
financial strength is improving but taking time
Ocwen Financial 2017-12-28 21:12 PST![Ocwen Financial Logo]()
"Anonymous"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookNo opinion of CEOI have been working at Ocwen Financial full-time
Pros
Amazing company, always trying to do what’s right by their borrowers. They listen when there’s an issue.
Cons
No job security. They’re constantly laying off the best employees by department, not by capability.
Advice to Management
Cut your deadweight, not by location.
Ocwen Financial 2018-06-21 21:28 PDT![Ocwen Financial Logo]()
"Process Associate"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsNegative OutlookApproves of CEOI worked at Ocwen Financial full-time (More than a year)
Pros
Good Learning Experience for the freshers
Cons
Less Growth and not satisfied with salary.
Advice to Management
Growth and satisfied salary.
Ocwen Financial 2018-06-07 01:18 PDT![Ocwen Financial Logo]()
"Ocwen (Premier Park) West Palm Beach Fl"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNeutral OutlookApproves of CEOI have been working at Ocwen Financial full-time (More than 5 years)
Pros
Work/home balance
Central location
Compensation and benefits are aligned with other servicersCons
1. If supervisor is deficient in reporting, she/he becomes dependent on team leads. Team leads are elevated to god status and are permitted and protected as the team is unfairly mistreated.
2. Team leads will target and negatively alter production numbers, if you mention areas of risk, concern or improvement to supervisor or above.
3. Poor behavior and having influential friends are key to promotion and remaining employed.
4. Husband and wife teams seem to get promotions and favorable treatment regardless of knowledge or seniority.Advice to Management
Hire/promote qualified management team, instead of those suggested by friends with little to no prior Financial Services management experience. Perhaps, the underdogs may have pertinent and useful information that is being hidden and unaddressed that could improve company performance (increase revenue).
Ocwen Financial 2018-06-17 05:56 PDT![Ocwen Financial Logo]()
"Relationship manager"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at Ocwen Financial full-time
Pros
pay was the only good thing
Cons
continue downsizing, no integrity, no room for growth, upper management doesn't listen to their employees
Ocwen Financial 2018-06-20 18:51 PDT![Ocwen Financial Logo]()
"Senior Quality Assurance Analyst"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at Ocwen Financial full-time (More than 5 years)
Pros
The company had a great atmosphere and I really liked the people I worked with.
Cons
The location was moved more than 50 miles from my home. Also the upper management was not good. Layoffs were frequent.
Advice to Management
Don't cut corners and update systems.
Ocwen Financial 2018-04-28 17:01 PDTHelpful (1)
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"Run Run Away"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI worked at Ocwen Financial full-time (More than 3 years)
Pros
It pays decent (now they have lowered pay)and work itself is NOT difficult at all
Cons
If you don't like butt kissing don' bother with this company. They do not care how hard you work or how good of a worker you are, if they don't like you they will go above and beyond to get rid of you. These are the most two faced managers I have ever worked with. They will literally tell you how great you are doing meanwhile plotting to get rid of you. BEWARE.
Advice to Management
GROW UP. Stop acting like high school girls and learn to appreciate all your employees even the ones that dont kiss your butt
Ocwen Financial 2018-05-25 11:05 PDT![Ocwen Financial Logo]()
"NA"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at Ocwen Financial full-time (More than a year)
Pros
Good work and personal life balance
Cons
no cons as I remember
Advice to Management
NA
Ocwen Financial 2018-05-03 19:38 PDT![Ocwen Financial Logo]()
"Lack of Leadership"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookNo opinion of CEOI worked at Ocwen Financial full-time (More than 5 years)
Pros
industry standard compensation and beneifts
Cons
severe lack of leadership that knows the lending business. Their tax arbitrage "strategy" results in hiring staff with a significant lack of industry experience.
Ocwen Financial 2018-04-12 10:35 PDT
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Ocwen Financial Response
Apr 16, 2018 – Human Resources
We’re happy to hear that our company culture was to your satisfaction while you worked with Ocwen. The nature of our industry is temperamental so we do have to restructure in certain events, but we hear you and will consider your review as we move forward.... MoreLess