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Working At Ocwen Financial

Zippia Score 4.9

Ocwen Financial overview

Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners".
The staff at Ocwen Financial come from unusually diverse demographic backgrounds. The company is 47.5% female and 42.7% ethnic minorities. Ocwen Financial employees are more likely to be members of the Democratic Party than the Republican Party, with 56.2% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Ocwen Financial is relatively high. Employees at Ocwen Financial stay with the company for an average of 2.8 years before leaving. The average employee at Ocwen Financial makes $52,971 per year. Pay at Ocwen Financial is significantly lower than some of its highest paying competitors, like AMTdirect, CIT Group, and Select Portfolio Servicing, which pay $102,872, $98,868, and $90,060, respectively.
Based in Florida, Ocwen Financial is a key player in the finance industry with 6,400 employees and an annual revenue of $1.3B.

The Organization’s Mission

To delight our customers through caring service and innovative home-ownership solutions.

Perks of Working at Ocwen Financial

Ocwen Financial offers a tuition reimbursement program, 401k match, access to medical, dental, and vision insurance, short-term disability and long-term disability benefits, etc.

Industry

Diversified Financial Services

Revenue

$1.3B

Employees

6,400

Founded in

1988

Headquarters

West Palm Beach, FL

Website

ocwen.com

Website

ocwen.com

Organization Type

Public

Is This Your Company?

The team at Ocwen Financial

Key People
  • Martha Goss (Director)
  • William Lacy (Director)
  • William Erbey (Director, Executive Officer)
  • Daniel Seguine (Executive Officer)
  • Paul Koches (Executive Officer)
  • Hermeian Leon (Human Resources Manager)
  • William Shepro (Executive Officer)
  • Ronald Faris (Director, Executive Officer)
  • Barry Wish (Chairman)
  • Glen Messina (ceo)
  • Ronald Korn (Director)
  • David Gunter (Executive Officer)
The Inside Scoop
Ocwen Financial Corporation (Ocwen), established in 1988, is one of the largest mortgage companies in America. Its primary business is mortgage loan servicing and origination. Headquartered in West Palm Beach, Florida, Ocwen's global community has team members are located throughout the United States, US Virgin Islands, India and the Philippines. The company's aim is to provide caring service and innovative lending solutions for homeowners and commercial customers.
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Ocwen Financial Rankings

Ocwen Financial is ranked #20 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Ocwen Financial Salaries

How much does Ocwen Financial pay?
The national average salary for an Ocwen Financial employee in the United States is $52,971 per year. Employees in the top 10 percent can make over $111,000 per year, while employees at the bottom 10 percent earn less than $25,000 per year.
9.5
Salary Score
Average Employee Earnings

Ocwen Financial Salaries By Job Title

While the average employee salary at Ocwen Financial is $52,971, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Ocwen Financial include Quality Assurance Team Leader, Internal Audit Director, Corporate Recruiter, and Process Improvement Engineer. A worker with the title Quality Assurance Team Leader salary at Ocwen Financial can earn an average yearly salary of $105,243. Other roles at Ocwen Financial include Customer Care Representative and Document Processor. A Customer Care Representative at Ocwen Financial earns an average yearly salary of $27,334.

Ocwen Financial careers

On average, employees at Ocwen Financial stay with the company for 2.8 years. Employees most commonly join Ocwen Financial after leaving Bank of America. When they leave Ocwen Financial, they most frequently get their next job at JPMorgan Chase.

Average Length of Employment

Ocwen Financial

2.8 years
Top Employers Before Ocwen Financial
Citi9.7 %
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Top Employers After Ocwen Financial
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Ocwen Financial Employee Political Affiliation

0

Employee Political Donations

NameDonation
Scott GoldsteinDirector
$5,400Republican Party
Jill ShowellGovernment Relations
$3,200Democratic Party
Phyllis CaldwellExecutive
$2,700Democratic Party
Paul KochesLawyer
$2,500Democratic Party
Michael KelleyHedge Fund Manager
$2,000Democratic Party
Adrienne CoffinSenior Vice President
$1,668Democratic Party
Sherri GoodmanExecutive
$1,000Democratic Party
Tait NortonAttorney
$500Republican Party
Thomas GilmanFinance Executive
$500Republican Party
Stephanie BarkerSenior Manager
$250Democratic Party
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Ocwen Financial Employment Videos

Corp. Weekend - 24 Nov 2015 - Mr. Ranjit Kondeshan - Manager HR - Ocwen Financial Solutions Ltd. - 4

Ocwen Financial Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1988

Organization type

Public

Ocwen Financial Financing Rounds

DateAmount
Apr 16, 2009Equity
$60,186,500

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Ocwen Financial Subsidiaries

Subsidiaries to Ocwen Financial include Litton Loan Servicing LP, OPTION ONE MORTGAGE, and Homeward Residential Holdings. Employees at the parent company, Ocwen Financial, earn $52,971. In comparison, the salaries at Litton Loan Servicing LP, OPTION ONE MORTGAGE, and Homeward Residential Holdings are $73,221, $72,551, and $67,747.

Ocwen Financial Competitors

Some of the competitors of Ocwen Financial are AMTdirect, CIT Group, and Select Portfolio Servicing. The wages at AMTdirect average higher than the other similar companies, where the median salary is $102,872 per year. Employees at CIT Group earn an average of $98,868 per year, and the employees at Select Portfolio Servicing earn an average salary of $90,060 per year.

Frequently Asked Questions about Ocwen Financial

When was Ocwen Financial founded?

Ocwen Financial was founded in 1988.

How many Employees does Ocwen Financial have?

Ocwen Financial has 6,400 employees.

How much money does Ocwen Financial make?

Ocwen Financial generates $1.3B in revenue.

What industry is Ocwen Financial in?

Ocwen Financial is in the diversified financial services industry.

What is Ocwen Financial's mission?

Ocwen Financial's mission statement is "To delight our customers through caring service and innovative home-ownership solutions."

What type of company is Ocwen Financial?

Ocwen Financial is a public company.

Who are Ocwen Financial's competitors?

Ocwen Financial competitors include Homeward Residential Holdings Inc., PHH Corporation, Litton Loan Servicing LP, OPTION ONE MORTGAGE, Select Portfolio Servicing, Caliber Home Loans, JPMorgan Chase, Nationstar Mortgage, EverBank, Saxon Mortgage, CIT Group, Aurora Loan Services LLC, CoreLogic, Synovus, Specialized Loan Servicing LLC, EMC Mortgage Corp, ATRIUM INSURANCE, AMTdirect, Wingspan Portfolio Holdings Inc., Countrywide Home Loans Inc..

Who works at Ocwen Financial?

Martha Goss (Director)

William Lacy (Director)

William Erbey (Director, Executive Officer)

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You can find out what it is like to work at Ocwen Financial, also known as OCWEN FINANCIAL CORP, Ocwen, Ocwen Financial, Ocwen Financial Corp. and Ocwen Financial Corporation.

Zippia gives an in-depth look into the details of Ocwen Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ocwen Financial. The employee data is based on information from people who have self-reported their past or current employments at Ocwen Financial. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Ocwen Financial and its employees or that of Zippia.