Ocwen Financial engages in the servicing and origination of mortgage loans. read more
Ocwen Financial Company Culture
Ocwen Financial Culture
This score is derived from employee ratings & reviews2.8/5
Ocwen Financial's Overall Culture is rated D+
Top Rated Culture Dimensions
Perks & Benefits
BeNPS
BMeetings
CTeam
CCompensation
C-Ocwen Financial CEO
Bottom 10%Bottom 10% of Similar Size Companies on Comparably
Ronald Faris
54 /100
See More
Diversity at Ocwen Financial
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWomen at Ocwen Financial
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterOcwen Financial eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 35%Top 35% of Similar Size Companies on Comparably
Recommend to a Friend?
10
Ocwen Financial employees are 10% more likely to recommend Ocwen Financial as a great place to work
| 50% | Promoters |
|---|---|
| 10% | Passives |
| 40% | Detractors |
Working at Ocwen Financial
Working at Ocwen Financial is rated below average by 13 employees, across various culture dimensions. Ocwen Financial employees rate Perks And Benefits highest among all categories, and think that CEO Rating and Executive Team have the most room for improvement, putting Ocwen Financial’s culture in the Bottom 25% compared to similar sized companies on Comparably and in the Bottom 25% compared to other companies in Fort Lauderdale, FL. See below in detail how working at Ocwen Financial was rated by employees.
Overall Company Culture at Ocwen Financial
D+
Overall Company Culture at Ocwen Financial is rated D+
Last updated months ago
Bottom
25%
Ocwen Financial ranks in the Bottom 25% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterOcwen Financial Employee Reviews
Out of 8 Ocwen Financial employee reviews, 33% were positive. The remaining 67% were constructive reviews with the goal of helping Ocwen Financial improve their work culture.
| Positive Reviews | 33% |
|---|---|
| Constructive Feedback | 67% |
Positive Reviews From Ocwen Financial Employees
- What are some of the best things about your team?Great group of people who are team players
- What is most positive about the culture and environment at your company?Very positive, employee engagements are satisfying
Constructive Feedback From Ocwen Financial Employees
- What do your coworkers need to improve and how could you work together better?No one cared about their jobs because of low moral
- What does the leadership team need to get better at?They do not care about American employees
- Why do you feel undervalued and what would make you feel better about your compensation?Stop sending jobs Americanjobs offshore
Ocwen Financial Company Information
Ocwen Financial Company Overview
Ocwen Financial engages in the servicing and origination of mortgage loans.
Ocwen Financial Mission, Vision & Values
Ocwen Financial Mission Statement
Our Company. At Ocwen, our mission is to delight our customers through caring service and innovative home-ownership solutions. ... We are a leader in the servicing industry in foreclosure prevention and loss mitigation which helps families stay in their homes and improves financial outcomes for loan investors.
Ocwen Financial Values
Company Values Integrity. Do What's Right – Always. Doing what's right always is the cornerstone of our success. ... Service Excellence. Delight Our Customers with Exceptional Service. ... People. Develop, Grow and Value Our People. ... Teamwork. Succeed Together as a Global Team. ... Embrace Change. Value Innovation and New Thinking.
| Headquarter | West Palm Beach, FL United States of America |
|---|---|
| Website | www.ocwen.com/ |
| Founding Date | 1988 |
| Company Status | Public |
| Stock | OCN |
Ocwen Financial Competitors
Ocwen Financial competitors include Black Knight Financial Services, Freddie Mac, and Altisource. Ocwen Financial ranks 4th in Overall Culture Score on Comparably vs its competitors. See below how Ocwen Financial compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Ocwen Financial Employees
13 employees at Ocwen Financial have reviewed Ocwen Financial across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 13 Ocwen Financial employees give their leadership a grade of D, or Bottom 20% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Ocwen Financial are not very pleased with their total compensation at Ocwen Financial, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Ocwen Financial are generally satisfied with their team. 13 Participants grade the quality of their coworkers a C. The majority believe the meetings at Ocwen Financial are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Ocwen Financial believe the environment at Ocwen Financial is positive. Most Participants believe the pace of work at Ocwen Financial is moderate. About 33% of the employees at Ocwen Financial work 8 hours or less, while 17% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Ocwen Financial are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Ocwen Financial - Employee Onboarding
The prevailing opinion from Comparably users in Fort Lauderdale, FL about their company is that it was very prepared on their first day. Fort Lauderdale, FL employees concluded that their overall onboarding experience was positive. 71% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Ocwen Financial KPIs and OKRs
At this moment no Ocwen Financial employees have provided insight into whether or not they clearly understand Ocwen Financial's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Ocwen Financial CEO & Leadership
Ocwen Financial CEO - Ronald Faris
54 /100
Ronald’s approval rate is lower compared to CEOs at similar sized companies, putting Ronald in the Bottom 10% of all CEOs of similar-sized companies on Comparably, and in the Bottom 10% compared to CEOs of all other companies in Fort Lauderdale, FL. Ronald Faris’s employees rank Ocwen Financial in the Top 35% for Perks And Benefits, in the Bottom 45% for Meetings, and in the Bottom 40% for Team. When compared to Ocwen Financial’s competitors, Ronald Faris ranks below Altisource CEO William Shepro.
Ocwen Financial Leadership
The Ocwen Financial Executive Team is rated a “D” and led by CEO Ronald Faris, EVP, Chief Information Officer Parveen Aery, and Vice President, Enterprise Risk Management Christian Canino
Ronald Faris CEO / President
Ronald Faris serves as the CEO / President of Ocwen Financial.
Parveen Aery EVP, Chief Information Officer
Parveen Aery serves as the EVP, Chief Information Officer of Ocwen Financial.
Christian Canino Vice President, Enterprise Risk Management
Christian Canino serves as the Vice President, Enterprise Risk Management of Ocwen Financial.
Majed Qminacci Senior Vice President, Mortgage CFO
Majed Qminacci serves as the Senior Vice President, Mortgage CFO of Ocwen Financial.
M Williams Senior Vice President, Servicing Financial Operations
M Williams serves as the Senior Vice President, Servicing Financial Operations of Ocwen Financial.
Paul Abate Chief Audit Executive
Paul Abate serves as the Chief Audit Executive of Ocwen Financial.
Nazim Ahmed Vice President, IT Solutions Delivery
Nazim Ahmed serves as the Vice President, IT Solutions Delivery of Ocwen Financial.
Scott Anderson Executive Vice President and Chief Servicing Officer
Scott Anderson serves as the Executive Vice President and Chief Servicing Officer of Ocwen Financial.
Hugo Arias Senior Vice President, Treasurer and Head of Investor Relations
Hugo Arias serves as the Senior Vice President, Treasurer and Head of Investor Relations of Ocwen Financial.
Ocwen Financial Salaries
How much does Ocwen Financial pay?
How much do people at Ocwen Financial get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Ocwen Financial is $132,303, or $63 per hour, while the estimated median salary is $130,448, or $62 per hour.
At Ocwen Financial, the highest paid job is a Group Product Manager at $222,798 annually and the lowest is a CS Rep at $45,634 annually. Average Ocwen Financial salaries by department include: Design at $124,083, Finance at $88,095, Product at $163,916, and Marketing at $142,090. Half of Ocwen Financial salaries are above $130,448.
9 employees at Ocwen Financial rank their Compensation in the Bottom 35% of similar sized companies in the US (based on 27 ratings) while 9 employees at Ocwen Financial rank their Perks And Benefits in the Top 35% of similar sized companies in the US (based on 10 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $72k | $72k | 1st Percentile |
17th Percentile $101k | $101k | 17th Percentile |
33rd Percentile $129k | $129k | 33rd Percentile |
50th Percentile $180k | $180k | 50th Percentile |
67th Percentile $234k | $234k | 67th Percentile |
83rd Percentile $275k | $275k | 83rd Percentile |
100th Percentile $294k | $294k | 100th Percentile |
$132,303*
Average Compensation
$130,448*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Ocwen Financial Salaries by Department
Diversity & Inclusion at Ocwen Financial
The Diversity score provides insights into how diverse employees feel and rate their work experience at Ocwen Financial across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Ocwen Financial Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Ocwen Financial PTO
Ocwen Financial's PTO and Vacation policy typically gives unlimited days off a year.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Ocwen Financial Careers
Ocwen Financial Jobs
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Frequently Asked Questions regarding Ocwen Financial
Who is the CEO of Ocwen Financial?
Ocwen Financial CEO is Ronald Faris, their score by employees is 54
What is Ocwen Financial eNPS?
The eNPS for Ocwen Financial is 10
What is the salary for IT Support Engineer in Ocwen Financial?
IT Support Engineer average salary in the US is 91k
What are the salaries in the Customer Support in Ocwen Financial?
The average salaries for Customer Support in Ocwen Financial is 61k
Who are Ocwen Financial competitors?
Ocwen Financial main competitors are Black Knight Financial Services, Freddie Mac, Altisource
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