Ocwen Financial Reviews | Glassdoor

Ocwen Financial Reviews

Updated February 21, 2017
496 reviews

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496 Employee Reviews

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Pros
  • There is good pay for certain aspects of the company (in 31 reviews)

  • Challenging, but rewarding work environment (in 25 reviews)

Cons
  • Work - Life balance - Traffic - travelling to pritech park office will leave you drained (in 24 reviews)

  • No work life balance huge politics no farm work in company (in 9 reviews)

More Pros and Cons

  1. Helpful (1)

    "Funder"

    Star Star Star Star Star
    • 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.


  2. "Good place for freshers"

    Star Star Star Star Star
    • 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

    I worked at Ocwen Financial (More than 3 years)

    Pros

    Work life balance is good
    No work Pressure and tight deadlines
    Young Crowd

    Cons

    Night Shifts
    Low Hike
    Growth
    No Experience to lead the teams

    Advice to Management

    Provide clarity on the career growth


  3. "If you're looking for a long career and security this is not the place to look for."

    Star Star Star Star Star
    • 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

    Pros

    2 years ago was a great place to work.

    Cons

    Management is moving the Company little by little to India, they're giving the triple of work and responsibilities and the salaries and benefits has been decreasing more than a 50% in the last 2 years.

    Advice to Management

    No Advised, at the end of the day they will do what ever they want.


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  5. "manager"

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

    I have been working at Ocwen Financial full-time

    Pros

    Vision of the company is growth oriented through profitability

    Cons

    Company can not execute well and doesn't include employees in decision making process

    Advice to Management

    Focus on most valuable assets, your employees. Much of what is communicated is lip service and doesn't translate into action to support employees.


  6. Helpful (1)

    "Bankruptcy specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The company will eventually outsource all dept

    Cons

    The company uses Americans to train so they can outsource

    Advice to Management

    They need to fire and rehire all new management


  7. Helpful (1)

    "Disorganized"

    Star Star Star Star Star
    • 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

    Pros

    Insurance benefits, flexibility with work hours

    Cons

    Incredibly disorganized, lack of communication, rude people

    Advice to Management

    None


  8. "Operations Risk Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    If you like working for a dysfunctional organization that is essentially being managed by external regulators, this is the place for you.

    Cons

    The IT is through an insourced vendor, a wholly owned subsidiary whose strategy is to add additional staff in India without addressing the serious application issues.


  9. "."

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    good place to work, no career growth

    Cons

    long work hours leads to pressure in employees

    Advice to Management

    .


  10. "Very unorganized and unless your in management you are an hourly employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in Irving, TX
    Current Employee - Senior Business Analyst in Irving, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Competitive Salary
    Liked my co-workers
    Big company

    Cons

    IT department isn't great
    Felt like the company didn't have any clear direction

    Advice to Management

    Need better management


  11. "It pays the bills"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in West Palm Beach, FL
    Current Employee - Manager in West Palm Beach, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good pay, fast paced, large company

    Cons

    TOUGH, blame game, difficult technology tools, little support

    Advice to Management

    Realize you should not constantly blame current employees for prior mistakes, that is why turnover is so high



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