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Ocwen Financial presents a broad spectrum of salary opportunities across various roles, with an average salary of $71,710. The highest-paying positions include directors, associates, and team leaders, with directors earning around $145,698 annually. In contrast, entry-level positions such as cashiers and mortgage consultants earn significantly less, with cashiers averaging $30,513.
Salaries at Ocwen Financial also vary by department. For example, the engineering department boasts the highest average salaries at $107,192, while business development roles offer an average of $102,242. Customer service positions tend to have lower average salaries, around $46,686.
The location significantly influences salaries, especially in states like New York, where higher living costs necessitate competitive pay. Comparatively, salaries at Ocwen are competitive with similar companies, such as Morgan Stanley and BNY Mellon, which average $103,933 and $86,819 respectively. This comprehensive understanding of Ocwen Financial's salary structure can equip potential employees with valuable insights for their career decisions.
The highest paying jobs at Ocwen Financial are director, associate, team leader, and systems administrator. Director jobs at Ocwen Financial earn an average yearly salary of $145,698, Ocwen Financial associate jobs average $124,239, and Ocwen Financial team leader jobs average $116,058.
The lowest paying Ocwen Financial roles include cashier and mortgage consultant. Ocwen Financial cashier average salary is $30,513 per year. So while the average Ocwen Financial salary is $71,710 there is a big variation in pay depending on the role.
| Rank | Job title | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | Director | $145,698 | $70.05 |
| 2 | Associate | $124,239 | $59.73 |
| 3 | Team Leader | $116,058 | $55.80 |
| 4 | Systems Administrator | $108,637 | $52.23 |
| 5 | Supervisor | $107,184 | $51.53 |
| 6 | Systems Engineer | $107,153 | $51.52 |
| 7 | Software Engineer | $106,962 | $51.42 |
| 8 | Java Developer | $106,099 | $51.01 |
| 9 | Relationship Manager | $100,786 | $48.45 |
| 10 | Business Analyst | $98,279 | $47.25 |
| 11 | Home Service Consultant | $96,007 | $46.16 |
| 12 | Senior Underwriter | $93,211 | $44.81 |
| 13 | Corporate Recruiter | $89,904 | $43.22 |
| 14 | Reporting Analyst | $89,163 | $42.87 |
| 15 | Asset Manager | $87,443 | $42.04 |
| 16 | Senior Accountant | $85,656 | $41.18 |
| 17 | Account Executive | $78,114 | $37.55 |
| 18 | Mortgage Underwriter | $76,705 | $36.88 |
| 19 | Foreclosure Specialist | $60,332 | $29.01 |
| 20 | Loan Counselor | $60,118 | $28.90 |
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Ocwen Financial pays the highest salaries in New York due to higher costs of living and competition in the state.
| Rank | State | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $84,863 | $40.80 |
| 2 | New Jersey | $84,149 | $40.46 |
| 3 | California | $76,504 | $36.78 |
| 4 | Pennsylvania | $73,637 | $35.40 |
| 5 | Texas | $68,030 | $32.71 |
| 6 | Iowa | $64,775 | $31.14 |
| 7 | Florida | $64,332 | $30.93 |
| Rank | Location | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $84,933 | $40.83 |
| 2 | Mount Laurel, NJ | $83,619 | $40.20 |
| 3 | Rancho Cordova, CA | $79,440 | $38.19 |
| 4 | Fort Washington, PA | $74,069 | $35.61 |
| 5 | High Point, NC | $71,155 | $34.21 |
| 6 | Coppell, TX | $68,612 | $32.99 |
| 7 | Atlanta, GA | $67,500 | $32.45 |
| 8 | Greenville, SC | $65,072 | $31.28 |
| 9 | Waterloo, IA | $65,025 | $31.26 |
| 10 | West Palm Beach, FL | $64,001 | $30.77 |
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Salaries at Ocwen Financial vary depending on the department you work in. Ocwen Financial salaries in the engineering department are the highest with an average salary of $107,192. Employees in the business development department at Ocwen Financial receive relatively high salaries as well, with an average salary of $102,242 per year. Departments that don't pay as well at Ocwen Financial include the customer service and the administrative organizational functions, with employees earning average salaries of $46,686 and $49,562, respectively.
| Rank | Department | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $107,192 | $51.53 |
| 2 | Business Development | $102,242 | $49.15 |
| 3 | Marketing | $96,073 | $46.19 |
| 4 | IT | $94,026 | $45.20 |
| 5 | Plant/Manufacturing | $93,631 | $45.01 |
| 6 | Retail | $91,965 | $44.21 |
| 7 | Sales | $81,121 | $39.00 |
| 8 | Accounting | $80,121 | $38.52 |
| 9 | Human Resources | $79,792 | $38.36 |
| 10 | Finance | $68,304 | $32.84 |
| 11 | Administrative | $49,563 | $23.83 |
| 12 | Customer Service | $46,686 | $22.45 |
| Rank | Position | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Analyst | $102,369 | $49.22 |
| 2 | Contracts Manager | $97,565 | $46.91 |
| 3 | Home Service Consultant | $96,007 | $46.16 |
| 4 | Collection Team Lead | $95,586 | $45.95 |
| 5 | Senior Underwriter | $93,211 | $44.81 |
| 6 | Investment Representative | $91,373 | $43.93 |
| 7 | Reporting Analyst | $89,162 | $42.87 |
| 8 | Asset Manager | $87,443 | $42.04 |
| 9 | Mortgage Underwriter | $76,705 | $36.88 |
| 10 | Foreclosure Specialist | $60,332 | $29.01 |
| 11 | Loan Counselor | $60,118 | $28.90 |
| 12 | Loss Mitigation Specialist | $57,003 | $27.41 |
| 13 | Finance Service Representative | $55,284 | $26.58 |
| 14 | Contract Coordinator | $54,982 | $26.43 |
| 15 | Closing Coordinator | $50,724 | $24.39 |
| 16 | Claim Processor | $48,911 | $23.51 |
| 17 | Loan Officer | $40,888 | $19.66 |
| 18 | Insurance Processor | $32,418 | $15.59 |
| 19 | Mortgage Consultant | $31,622 | $15.20 |
| Rank | Position | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | Service Manager | $86,316 | $41.50 |
| 2 | Call Center Analyst | $62,006 | $29.81 |
| 3 | Resolution Specialist | $54,606 | $26.25 |
| 4 | Retention Specialist | $51,408 | $24.72 |
| 5 | Correspondence Representative | $50,873 | $24.46 |
| 6 | Customer Care Coordinator | $50,172 | $24.12 |
| 7 | Customer Service Representative | $32,235 | $15.50 |
| 8 | Home Agent | $29,409 | $14.14 |
| Rank | Position | Average Ocwen Financial salary | Hourly rate |
|---|---|---|---|
| 1 | Business Development Director | $122,361 | $58.83 |
| 2 | Director Of Service And Operations | $110,844 | $53.29 |
| 3 | Business Insight And Analytics Manager | $110,415 | $53.08 |
| 4 | Manager, Account Executive | $101,742 | $48.91 |
| 5 | Relationship Manager | $100,786 | $48.45 |
| 6 | Senior Account Executive | $100,052 | $48.10 |
Average salaries at Ocwen Financial competitors, like Morgan Stanley, BNY Mellon, and Citi, vary. Morgan Stanley employees earn the highest salaries, with an average yearly salary of $103,933. The average salary at BNY Mellon is $86,819 per year, and the average salary at Citi is $75,483 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Morgan Stanley | 4.6 | $103,933 |
| 2 | BNY Mellon | 4.4 | $86,819 |
| 3 | Citi | 4.6 | $75,483 |
| 4 | Heartland Payment Systems | 4.7 | $70,354 |
| 5 | Caliber Home Loans | 4.7 | $66,824 |
| 6 | T. Rowe Price | 4.5 | $66,691 |
| 7 | American Home Mortgage Servicing | 3.8 | $64,182 |
| 8 | Prudential Retirement Insurance And Annuity Co | 3.5 | $60,890 |
| 9 | Homeward Residential Inc | 4.5 | $59,845 |
| 10 | First Horizon Bank | 3.9 | $53,996 |
| 11 | Cognition Financial | 4.2 | $53,994 |
| 12 | Nationstar Mortgage | 4.8 | $53,776 |
| 13 | Saxon Mortgage | 4.1 | $53,210 |
| 14 | PHH Corporation | 4.7 | $48,065 |
| 15 | Fremont Bank | 4.3 | $46,646 |
| 16 | Ditech | 4.7 | $46,211 |
| 17 | Reverse Mortgage Funding | 4.5 | $45,933 |
| 18 | Navient | 4.1 | $42,771 |
| 19 | Midland Mortgage | 4.2 | $40,855 |
| 20 | PHEAA | 4.1 | $39,446 |
| Job | Location | Date added | Salary |
|---|---|---|---|
| Curative Specialist | West Palm Beach, FL | 06/26/2025 | $40,500 |
| Call Center Representative | West Palm Beach, FL | 06/20/2025 | $38,610 |
| Call Center Representative | Mount Laurel, NJ | 05/14/2025 | $38,610 |
| Vice President, Capital Markets Operations | West Palm Beach, FL | 05/07/2025 | $180,000 |
| Loan Officer-Leads Provided! (Reverse Mortgage) | Dallas, TX | 04/24/2025 | $33,280 |
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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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Ocwen Financial. The data presented on this page does not represent the view of Ocwen Financial and its employees or that of Zippia.
Ocwen Financial may also be known as or be related to OCWEN FINANCIAL CORP, Ocwen, Ocwen Financial and Ocwen Financial Corporation.