Ocwen Financial Reviews | Glassdoor

Ocwen Financial Reviews

Updated August 17, 2017
161 reviews

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3.0
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Ocwen Financial President, CEO, and Director, Ocwen Financial and Ocwen Federal Bank Ronald M. Faris
Ronald M. Faris
53 Ratings

161 Employee Reviews

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Pros
  • Ocwen has good pay structure and the annual hikes are above market range (in 40 reviews)

  • The work environment is awesome facilities provided to the employees his at his best (in 27 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)

More Pros and Cons

  1. Helpful (2)

    "Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Ocwen Financial full-time (More than 5 years)

    Pros

    Some positions allow for working remote.

    Cons

    Sales ability to override operations -Select sales staff members do not have the companies best interest in mind and are allowed to pressure staff to get what they want often regardless of what has been recommended.


  2. Helpful (1)

    "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in West Palm Beach, FL
    Former Employee - Director in West Palm Beach, FL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Ocwen Financial full-time (More than 5 years)

    Pros

    Employees are hard working

    Cons

    Management needs to respect all employees

    Advice to Management

    Look at all employees equally

  3. "Senior Loan Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ocwen Financial full-time (More than 8 years)

    Pros

    Good benefits,.. Enjoyed working with my manager

    Cons

    Over worked and under paid


  4. Helpful (2)

    "Former Loan Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Addison, TX
    Former Employee - Anonymous Employee in Addison, TX
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great people when not at the mid month closing/funding rush! Relaxed sales floor helps with the workflow craziness. Casual dress

    Cons

    No training. This company is definitely a tester for sink or swim mentalities. HR will side with management instead of employees.


  5. Helpful (1)

    "Customer Service"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Ocwen Financial full-time

    Pros

    company sponsored lunches and activities

    Cons

    Management is poor. Teams are Cliquey


  6. Helpful (1)

    "Loss Mitigation Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Ocwen Financial full-time

    Pros

    Great place to work. Provided very good training.

    Cons

    Lots of layoffs and Outsourcing to India

    Advice to Management

    n/a

    Ocwen Financial Response

    May 26, 2017 – Content Marketing Manager

    Thank you for taking the time to gives us your feedback. We appreciate you and the time you’ve worked at Ocwen Financial.


  7. "reporting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investor Reporting Analyst in West Palm Beach, FL
    Current Employee - Investor Reporting Analyst in West Palm Beach, FL

    I have been working at Ocwen Financial full-time (More than a year)

    Pros

    its good to work in this company

    Cons

    work and life management is little difficulty

  8. "Senior Investor Reporting Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst Investor in West Palm Beach, FL
    Former Employee - Senior Analyst Investor in West Palm Beach, FL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Ocwen Financial (More than 3 years)

    Pros

    Good place to work for mortgage profile and other financial services. Shifts timings are too good.

    Cons

    Get to know new things of the US mortgage and also new working environment.

    Advice to Management

    No advice as such they are good and work for employee benefits


  9. "Team management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in West Palm Beach, FL
    Current Employee - Team Leader in West Palm Beach, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ocwen Financial (More than 3 years)

    Pros

    Flexible working hours
    Casual dress code

    Cons

    less career opportunities. Downsizing at the moment


  10. "Good for learning about the mortgage industry"

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

    Pros

    Good pay and benefits, great co-workers

    Cons

    Management not always on the same page, customer service issues


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