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Ocwen Financial Solutions Assistant Compliance Manager Interview Questions and Answers

Updated 3 Oct 2023

Ocwen Financial Solutions Assistant Compliance Manager Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Oct 2022. There were 6 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Basic resume review
Round 3 - Aptitude Test 

Time based MCQ aptitude test

Round 4 - One-on-one 

(1 Question)

  • Q1. India Manager round focusing on profile and compliance knowledge
Round 5 - Technical 

(1 Question)

  • Q1. Client round focused on compliance knowledge pertaining to US Financial Regulations and Mortgage specific regulations
Round 6 - One-on-one 

(1 Question)

  • Q1. High level review by senior leaders both US and India
  • Ans. 

    High level review by senior leaders in US and India is crucial for effective compliance management.

    • Regular high level meetings between senior leaders from US and India to discuss compliance strategies and updates

    • Collaboration between senior leaders to ensure consistent compliance practices across both regions

    • Senior leaders setting the tone for compliance culture within the organization

    • Sharing best practices and lessons

  • Answered by AI

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
-
Result
Not Selected

I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is your experience in Regulatory compliance?
  • Ans. 

    I have over 10 years of experience in regulatory compliance, including developing policies, conducting audits, and ensuring adherence to laws and regulations.

    • Developed and implemented compliance policies and procedures

    • Conducted regular audits to ensure adherence to regulations

    • Provided training to staff on compliance requirements

    • Worked closely with regulatory agencies to address any issues or concerns

    • Stayed up-to-date o...

  • Answered by AI
  • Q2. Name few Acronyms related to this field based on your experience and explain the same ?
  • Ans. 

    Some acronyms related to Compliance Executive field are AML, KYC, FCPA, GDPR, and SOX.

    • AML - Anti-Money Laundering

    • KYC - Know Your Customer

    • FCPA - Foreign Corrupt Practices Act

    • GDPR - General Data Protection Regulation

    • SOX - Sarbanes-Oxley Act

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. About yourself and experaince in complaince
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. What does you understand about Regulatory reporting.
  • Ans. 

    Regulatory reporting involves submitting data to regulatory authorities to ensure compliance with laws and regulations.

    • Regulatory reporting is the process of providing information to government agencies or regulatory bodies to demonstrate compliance with laws and regulations.

    • It typically involves submitting detailed reports on financial transactions, risk management practices, and other relevant activities.

    • Failure to c...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Over all it was good experience with JPMC.
They specifically focus on our way of answering the question asked and our body language plays a key role .

Just maintain smile and eye to eye contact while giving interview.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed before Feb 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. About yourself, situational bases questions
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Feb 2023.

Round 1 - One-on-one 

(1 Question)

  • Q1. Questions about previous work

Interview Preparation Tips

Interview preparation tips for other job seekers - Just one round , simple straight forward questions related to previous work. Confidence is the key.

I applied via Company Website and was interviewed in Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Introduction
  • Q2. Past Job experiences
  • Q3. Questions that relate to Job Description and are mentioned on the resume

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be real!

I applied via Approached by Company and was interviewed before Sep 2020. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Salary , DOJ & benefits.
  • Q2. What is compliance? What is regulatory reporting? How good are you with regards to Advance Excel & Python & Macros
  • Ans. 

    Compliance is the act of adhering to laws, regulations, and standards set by governing bodies.

    • Compliance ensures that organizations operate within legal and ethical boundaries.

    • It involves identifying and mitigating risks, implementing policies and procedures, and monitoring activities.

    • Regulatory reporting is the process of submitting information to regulatory authorities to demonstrate compliance.

    • Advanced Excel, Python...

  • Answered by AI
  • Q3. Behavioural & situation based question.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. All that matters is how good you are in learning and what difference you make in interview.

Skills evaluated in this interview

Ocwen Financial Solutions Interview FAQs

How many rounds are there in Ocwen Financial Solutions Assistant Compliance Manager interview?
Ocwen Financial Solutions interview process usually has 6 rounds. The most common rounds in the Ocwen Financial Solutions interview process are One-on-one Round, Resume Shortlist and HR.
What are the top questions asked in Ocwen Financial Solutions Assistant Compliance Manager interview?

Some of the top questions asked at the Ocwen Financial Solutions Assistant Compliance Manager interview -

  1. High level review by senior leaders both US and In...read more
  2. Client round focused on compliance knowledge pertaining to US Financial Regulat...read more
  3. India Manager round focusing on profile and compliance knowle...read more

Tell us how to improve this page.

Ocwen Financial Solutions Assistant Compliance Manager Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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