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Updated July 11, 2022

Average Ocwen Financial Salary

$71,112 yearly
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$34.19 hourly

Entry level Salary
$37,000 yearly
10 %
90 %

How Much Does Ocwen Financial Pay?

Ocwen Financial pays an average of $71,112 per year, or $34.19 an hour.

Ocwen Financial pays the lowest earners $37,000 a year, while the top 10 percent are paid over $136,000.

Ocwen Financial employees in different jobs earn different salaries. In engineering jobs, employees earn an average salary of $109,482. In marketing jobs, the average pay is $97,278.

Geographic location can impact the pay for employees at Ocwen Financial as well. Based on our data, Ocwen Financial employees in New York, NY and Mount Laurel, NJ get paid the most.

Highest Paying Jobs At Ocwen Financial

While Ocwen Financial employees earn an average yearly salary of $71,112, different roles can command different wages. Some of the positions that earn high wages at Ocwen Financial include director, team leader, associate, and software engineer. A worker with the title director salary at Ocwen Financial can earn an average yearly salary of $176,322. Some of the other roles at Ocwen Financial are cashier and customer service representative. A worker with the title cashier at Ocwen Financial earns an average salary of $29,779 per year.

Highest Paying Jobs At Ocwen Financial

Rank  Job Title  Average Ocwen Financial Salary  Hourly Rate  
2Team Leader$124,061$59.64
4Software Engineer$114,498$55.05
5Java Developer$108,821$52.32
6Systems Administrator$105,525$50.73
7Systems Engineer$105,413$50.68
8Asset Manager$103,186$49.61
9Business Analyst$102,125$49.10
10Senior Underwriter$100,385$48.26
11Relationship Manager$90,456$43.49
12Loan Counselor$87,443$42.04
13Reporting Analyst$87,151$41.90
14Corporate Recruiter$86,223$41.45
15Home Service Consultant$85,181$40.95
16Senior Accountant$84,721$40.73
17Foreclosure Specialist$78,409$37.70
18Account Executive$77,885$37.44
19Mortgage Underwriter$77,809$37.41
20Contract Coordinator$52,634$25.30

Highest Paying Ocwen Financial Competitor Salaries

Based on our research, similar companies to Ocwen Financial are Morgan Stanley, BNY Mellon, and Citi. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $117,587 per year. The employees at BNY Mellon earn an average yearly salary of $92,556 per year, and the salaries at Citi average $81,932 per year.

Salaries By Ocwen Financial Competitors

Rank  Company Name  Zippia Score  Average Salary  
1Morgan Stanley4.9$117,587
2BNY Mellon4.9$92,556
4T. Rowe Price4.9$80,214
5Heartland Payment Systems4.7$65,428
6Caliber Home Loans4.7$64,314
7First Horizon Bank4.2$62,452
8PHH Corporation4.7$60,043
9Fremont Bank4.3$58,055
10Cognition Financial4.2$57,198
11Homeward Residential Inc4.5$56,119
12Saxon Mortgage4.1$54,461
13Nationstar Mortgage4.8$53,132
15Midland Mortgage4.2$40,903

How Much Does Ocwen Financial Pay By Location?

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. At Ocwen Financial, the employees are paid different salaries depending on their location. The city with the highest average salary is New York, NY, where employees earn an average salary of $85,179. Ocwen Financial Employees in Mount Laurel, NJ don't earn quite as much. The median salary in Mount Laurel, NJ is $83,354.

Salaries By Location At Ocwen Financial

Rank  Location  Average Ocwen Financial Salary  Hourly Rate  
1New York, NY$85,179$40.95
2Mount Laurel, NJ$83,354$40.07
3Rancho Cordova, CA$79,766$38.35
4Fort Washington, PA$74,654$35.89
5High Point, NC$67,567$32.48
6Coppell, TX$63,699$30.62
7Atlanta, GA$62,468$30.03
8Greenville, SC$61,458$29.55
9West Palm Beach, FL$60,295$28.99
10Waterloo, IA$60,102$28.90

Ocwen Financial Salaries By Department

How much you earn at Ocwen Financial depends on your role, and the organizational function that you work in. Based on our analysis, the employees in engineering earn salaries at Ocwen Financial that are well above average, with yearly earnings averaging $109,482. The marketing department also pays well, with an average salary of $97,278 per year. On the lower end of the pay scale, the customer service and administrative functions pay lower wages, with average employee salaries of $38,676, and $48,983, respectively.

Salaries By Department At Ocwen Financial

Rank  Department  Average Ocwen Financial Salary  Hourly Rate  
4Business Development$93,786$45.09
9Human Resources$73,580$35.38
12Customer Service$38,677$18.59

How Much Does Ocwen Financial Pay by Department?

Best Paying Ocwen Financial Finance Position Salaries

Rank  Position  Average Ocwen Financial Salary  Hourly Rate  
1Asset Manager$103,186$49.61
2Contracts Manager$102,559$49.31
3Senior Underwriter$100,385$48.26
4Senior Analyst$89,004$42.79
5Loan Counselor$87,443$42.04
6Reporting Analyst$87,151$41.90
7Home Service Consultant$85,181$40.95
8Foreclosure Specialist$78,409$37.70
9Mortgage Underwriter$77,809$37.41
10Loss Mitigation Specialist$66,135$31.80
11Collection Team Lead$60,347$29.01
12Contract Coordinator$52,634$25.30
13Finance Service Representative$49,961$24.02
14Loan Consultant$38,524$18.52
15Closing Coordinator$36,916$17.75
16Claim Processor$33,460$16.09

Best Paying Ocwen Financial Customer Service Position Salaries

Rank  Position  Average Ocwen Financial Salary  Hourly Rate  
1Call Center Analyst$44,425$21.36
2Correspondence Representative$41,180$19.80
3Customer Care Coordinator$39,665$19.07
4Resolution Specialist$39,179$18.84
5Service Coordinator$39,050$18.77
6Retention Specialist$33,246$15.98
7Customer Service Representative$31,361$15.08
8Home Agent$22,365$10.75

Best Paying Ocwen Financial Business Development Position Salaries

Rank  Position  Average Ocwen Financial Salary  Hourly Rate  
1Business Development Director$147,887$71.10
2Director Of Service And Operations$131,921$63.42
3Business Insight And Analytics Manager$122,854$59.06
4Relationship Manager$90,456$43.49
5Senior Account Executive$73,183$35.18
6Manager, Account Executive$71,239$34.25

Recently Added Ocwen Financial Salaries

Job  Location  Date Added  Salary  
Loan Officer-Leads ProvidedRancho Cordova, CA12/15/2021$150,000
Loan Officer-Leads ProvidedMount Laurel, NJ12/15/2021$150,000
Loan Officer-Leads ProvidedMount Laurel, NJ12/15/2021$150,000
Loan Officer-Leads ProvidedRancho Cordova, CA12/15/2021$150,000
Analyst, Lending ITIrving, TX10/08/2021$105,000

Frequently Asked Questions About Ocwen Financial Salaries

Is the pay good at Ocwen Financial?

Yes, the pay is good at Ocwen Financial. Compared to the industry average of $62,527 per year, the average annual salary at Ocwen Financial is $71,000, which is 14% higher.

What is the starting salary at Ocwen Financial?

The starting salary at Ocwen Financial is $37,000 per year, or $34.13 per hour.

How much does Ocwen Financial pay compared to Citi?

Ocwen Financial pays $71,000 per year on average compared to Citi which pays $81,932. That works out to $34.13 per hour at Ocwen Financial, compared to $39 per hour at .

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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.