Ocwen Financial Reviews | Glassdoor

Ocwen Financial Reviews

Updated September 24, 2017
51 reviews

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5.0
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Ocwen Financial President, CEO, and Director, Ocwen Financial and Ocwen Federal Bank Ronald M. Faris
Ronald M. Faris
30 Ratings

51 Employee Reviews

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Pros
  • Ocwen has good pay structure and the annual hikes are above market range (in 41 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. Featured Review

    "It's been an amazing journey at Ocwen so far.."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Home Retention Consultant/Relationship Manager in Mumbai (India)
    Current Employee - Home Retention Consultant/Relationship Manager in Mumbai (India)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Pay is very Good as compared to the work you have to perform
    Friendly Atmosphere
    Amazing Co Workers
    Lot of facilities given to employees as compared to other companies

    Cons

    Sometimes the work you do is monotonous​
    It's a BPO so experience may not be counted
    Less Growth Opportunities
    Not challenging in case you are looking for something which drives you towards self improvement

    Advice to Management

    Great Place to Work but try introducing few L and D which would actually help the employees


  2. "What am I missing?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    This is a great place to work. You have to be self-managing and motivated individuals will love this place. If you have an issue with this place, you've apparently not worked at many others. Snowflakes need not apply.

    Cons

    The CFPB continues to bully a company that has consistently shown it's trying to help the consumer with the most modifications in the industry.

    Advice to Management

    Haters gonna hate.

  3. "Relationship Manager"

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

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

    Pros

    Pay and Helping Homeowners save homes.

    Cons

    Job outsourced to India when needed in the US for Spanish customers.

    Advice to Management

    Good

    Ocwen Financial Response

    May 10, 2017 – Content Marketing Manager

    We appreciate you and the time you worked at Ocwen.


  4. "Associate"

    StarStarStarStarStar
    Current Employee - Team Leader in West Palm Beach, FL
    Current Employee - Team Leader in West Palm Beach, FL

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

    Pros

    Best Job for a starter

    Cons

    Nothing much external quality audit

    Advice to Management

    Nothing


  5. Helpful (1)

    "Funder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very Friendly, and social company.

    Cons

    Highly competitive employees, training very prolonged. Noisy office.

    Advice to Management

    Department needs to be arranged by importance cubicles are not always for everyone. Important positions need less noise to concentrate and do their job without errors.


  6. "Paralegal"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    Pros

    Good pay for the amount of work

    Cons

    Not being able to work from HK.e


  7. Helpful (1)

    "Home Retention"

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

    Pros

    Great pay,good management.work with great professional people

    Cons

    Things change on a daily basis. Downsizes

    Advice to Management

    Keep up the good work

  8. "Great Company to start with"

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

    I worked at Ocwen Financial full-time (More than a year)

    Pros

    Its a very good company for freshers, nice pay, good perks.

    Cons

    Work pressure during month end


  9. Helpful (1)

    "Manager, HR offshore operation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Leadership, company values.
    Constant learning opportunities.
    Excellent working environment.
    Very good colleagues.
    Work-life balance.
    Good pay.

    Cons

    Business is difficult to understand if you are based off-shore and you have no clue about how the mortgage industry works in the US.


  10. "Loved it!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - VA Government Claims Analyst in Philadelphia, PA
    Former Employee - VA Government Claims Analyst in Philadelphia, PA

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

    Pros

    very proffesional environment and people

    Cons

    nothing to say about it


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