Ocwen Financial Corporation Employee Reviews

Found 396 reviews matching the search
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Productive
Senior Customer Service Associate (Former Employee) –  Pune, MaharashtraJuly 21, 2017
Owen was great place to work with, good opportunity and recognition of work on timely manners. Ocwen was fun place to work good healthy environment with regards to work.
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Bad work place
Senior Executive (Current Employee) –  Bangalore, KarnatakaJuly 19, 2017
You cannot build an career in this company.

There is no motivation from the management on anything.

No work life balance.

Bad selection of managers for certain departments, they are very unprofessional. No idea how a function works nor tries to learn about it.

Not an employee friendly, they treat employees as Use and throw.
Pros
Salary on time
Cons
Job security, No work life balance
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Productive & creative
Foreclosure Specialist (Former Employee) –  Bangalore, KarnatakaJuly 15, 2017
As a Foreclosure Specialist my duties were to manage foreclosure proceedings on assigned cases by interacting and instructing mortgagors, attorneys and investors.

Its efficient & creative environment helps us enhance our knowledge & build our career which makes it a fun filled place to work.
Pros
Free Transport
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awesome
Customer Support Exec (Former Employee) –  bangaloreJuly 14, 2017
it just awesome, i had to leave for my personal reasons, good management good ambience god company o work with, organized and healthy atmosphere. love to work there again
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Was productive and had fun at workplace.
Associate Analyst (Former Employee) –  Bangalore, KarnatakaJuly 13, 2017
Unity in team work.
Very productive.
Friendly environment which leads to work active at workplace.
Learned patience and to handled tough situations during more workflow on job.
Management also encourages by providing additional work eg: Quality check to check ours abilities which gives more responsibilities.
Pros
Goodies and celebrations
Cons
No
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Productive with high incentive earning scope
Customer Service Executive (Former Employee) –  Malad, MimbaiJuly 12, 2017
High incentive earning chances and benefits are given , regular refreshing trading is given, if applied correctly and smartly some agents have even earned a six figure monthly salary also
Pros
Fixed weekend holidays
Cons
Job stability
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Good place to work & learn something new
Underwriter (Current Employee) –  Malad, MaharashtraJuly 10, 2017
Ocwen is a very good company in mortgage industry. Helping homeowners is what the company do. Having very good and friendly environment for work. Thanks.
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An amicable worspace with good monetary incentives
modification underwriter (Former Employee) –  Bangalore, KarnatakaJuly 6, 2017
Ocwen is great place to start of as a fresher. It allocates a good deal of resources on training and provides a conducive environment for the employee to learn and grow in the process of his/her undertaking. The company also puts sincere efforts in organzing recreational activities for the employees.
Pros
free pantry and impressive incentives
Cons
no overtime pay and overemphatic on meeting the quality and productive deadlines
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Working Environment
Senior Auditor in Operational Controls Testing (Current Employee) –  Mumbai, MaharashtraJuly 3, 2017
The work culture and environment is great for employees at Ocwen. The facilities provided is also employee centric. The management is supportive too, which helps in overall development of the employee.
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Loving atmosphere
Team Leader (Current Employee) –  Malad, MaharashtraJuly 2, 2017
Working at ocwen is like having a fun. Learned many things from higher management through ups & downs in last 7 yrs. Ocwen is good example that never lose your hope.
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Na
Auditor (Current Employee) –  Mumbai, MaharashtraJune 30, 2017
I have spent 3 years I Ocwen. Through all this time, Ocwen provided an excellent learning opportunity through a very hands on approach.
Job security is highly questionable with management constantly (almost on an everyday basis) threatening to fire you.
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Great Place to work with good facilities
Service Transaction Management (STM) Analyst (Current Employee) –  Bangalore, KarnatakaJune 27, 2017
Ocwen is a great place to work where the facilities provided are really good and the management is very friendly. It's a great place to work and to balance work and personal life. Ocwen also makes sure that employs have good fun along with work by conducting lots of fun activities and team dinners. It also provides employees with the facility to learn different courses and also to get special training for areas where you lack knowledge. It also takes care of employees thereby making it a wonderful place to work.
Pros
Great facilities
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Underwriter
Unerwriter (Former Employee) –  Bangalore, KarnatakaJune 26, 2017
Great Company to work with... The crowd and the management are friendly and of helping nature. it has been a great 3 Years with this company and its a great place to start for freshers.
Pros
Day Shift, Good and responsive HR Department, Friendly Management
Cons
Internal Politics
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Seems like purgatory
Senior Manager (Former Employee) –  Mumbai, MaharashtraJune 24, 2017
I spent a significant amount of time with Ocwen (10+ years).

Through all this time, Ocwen provided an excellent learning opportunity through a very hands on approach.

The organisation is however run like small time establishment and lacks the structure that a true corporate has. 2 people at the top make every single decision through the organisation. As a manager you have no control over being able to change and improve your business. Lots of micro management by Driectors, VP's and SVP's

Job security is highly questionable with management constantly (almost on an everyday basis) threatening to fire you. This of course with me being one of the top employees.

There is no concept of work life balance. The only thing that is acceptable is the job getting done regardless of the personal sacrifices employees make. 12-14 hour days are standard and treated as a normal business practice.

In hindsight, I wouldn't recommend this organisation to any sane individual
Pros
Career Advancement
Cons
Inhuman amounts of stress. Absolutely no job security
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Team Leader
Team Leader (Current Employee) –  Bangalore, KarnatakaJune 21, 2017
Company identified the team management skills therefore handle 16 members team and got excelled in quality and compliance of the product. Brought the best out of me .
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Professional
Floor Lead (Former Employee) –  MumbaiJune 18, 2017
Happy to start the professional career with this company...professional culture and friendly environment helped to grow in the company...fun working with the peer member and the management in the betterment of the process...
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Productive and Stressful
CUSTOMER SERVICE ASSOCIATE (Former Employee) –  MumbaiJune 15, 2017
Working with Ocwen was definitely amazing as beginner i got to learn a lot.
I got use to system.
learn IT application package.
Management is very poor they do not listen any ifs and buts even if you are right.
I dint find my role touch at all.
I use to enjoy and work a lot.

But unfortunately my process got shut. Also no increment.
Pros
free lunch :- if you work on week ends.
Cons
sum we use to stretch your shift.
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Professionally managed
2) Senior Analyst (Former Employee) –  Bengaluru, KarnatakaJune 15, 2017
This was mainly transaction processing and evaluate properties of America. It is professionally managed with day shift which was most enjoyable part. Had fun on fridays.
Pros
Good to work
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Depend on team you work for
Senior Analyst Operations Risk Management (Former Employee) –  Bangalore, KarnatakaJune 14, 2017
A company which is good for starters or freshers. Especially Commerce & MBA graduates because the learning of Financial & Mortgage banking ibdustry will be awesome.
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Good workplace to learn and nice workculture
Senior Specialist (Former Employee) –  Bangalore, KarnatakaJune 12, 2017
Opportunities is very less and the salary is not upto the mark, employee benefits are good though.

Ctc is given low and incentives are added to the salary which is beneficial for the employee
Pros
Team outing every quarter is compulsary
Cons
Incentives are added in monthly salary and ctc was less
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Overall rating

3.6
Based on 719 reviews
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Ratings by category

Work/Life Balance
3.5
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3.5
Job Security/Advancement
3.0
Management
3.2
Culture
3.4

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