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Ocwen Financial Solutions Senior Processing Executive Interview Questions and Answers

Updated 7 Jul 2023

Ocwen Financial Solutions Senior Processing Executive Interview Experiences

1 interview found

Senior Processing Executive Interview Questions & Answers

user image Aditya Anand Kirpekar

posted on 7 Jul 2023

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

I applied via Walk-in and was interviewed before Jul 2022. There were 4 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 - Aptitude Test 

Normal aptitude test. Logic, reasoning, grammar, gk etc questions were asked

Round 3 - HR 

(2 Questions)

  • Q1. Tell me something about you.
  • Q2. Why should you be hired
Round 4 - One-on-one 

(2 Questions)

  • Q1. Explain why you. What do you know about the company.
  • Q2. Tell us something about you

Interview Preparation Tips

Interview preparation tips for other job seekers - Please be honest

Interview questions from similar companies

I applied via Referral and was interviewed in May 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic questions on investment banking operations and the IT department associate with that. Since I was hired for governance team I was asked about some data related queries.

Interview Preparation Tips

Interview preparation tips for other job seekers - Have a commanding communication skills and walk with the confidence. Always believe in yourself and don't tie your ambition with emotions.

I applied via Referral and was interviewed before Jul 2021. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Be clear with your basics
Round 2 - Technical 

(1 Question)

  • Q1. Maven basics, Design Patterns

Interview Preparation Tips

Interview preparation tips for other job seekers - Be clear with your basics and be confident

I applied via Naukri.com and was interviewed before Nov 2021. There were 3 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 - Technical 

(1 Question)

  • Q1. Project related interview questions
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion, Asked some questions

Interview Preparation Tips

Interview preparation tips for other job seekers - I have attended for manual testing. I was little easy

I applied via Company Website and was interviewed in Oct 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Hypothetical Questions - What if the company decides to demote all senior associate s to associate? What will be your reaction??

Interview Preparation Tips

Interview preparation tips for other job seekers - I went for Enterprise Testing Senior Associate. The person who interviewed me was very well known to me. He worked with me for more than a year at the same level. Asked illogical questions. All hypothetical questions he asked in which I was the one who was getting demoted or denied bonus or increment.
He should not have taken my interview as it was conflict of Interest. 99% of questions was asked by this guy and the other lady in VC only asked 1 general question.
I reported conflict of interest issue to the hiring HR but no action was taken not any reply toy email came.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Projects done in previous companies.
  • Ans. 

    Managed various projects in previous companies ranging from software development to marketing campaigns.

    • Led a team in developing a new mobile app for increasing customer engagement

    • Managed a marketing campaign for a new product launch, resulting in a 20% increase in sales

    • Implemented a new CRM system to streamline customer interactions and improve efficiency

  • Answered by AI
  • Q2. Basic Classical ML questions, bagging boosting, evaluation metrics etc
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Derivatives and process related questions
  • Q2. Question related to trade life cycle

I applied via Referral and was interviewed before Nov 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. What is collateral management
  • Ans. 

    Collateral management is the process of managing and monitoring collateral pledged to secure a loan or other financial obligation.

    • Collateral can include assets such as real estate, stocks, bonds, and commodities.

    • The purpose of collateral management is to mitigate credit risk and ensure that the lender has sufficient collateral to cover any potential losses.

    • Collateral management involves tracking the value of the collat...

  • Answered by AI
  • Q2. What is haircut for collaterals
  • Ans. 

    Haircut for collaterals refers to the reduction in value of the collateral pledged by a borrower to secure a loan.

    • Haircut is the percentage reduction in the value of the collateral that a lender applies to account for market fluctuations and potential losses.

    • It is used to determine the amount of loan that can be extended against the collateral.

    • For example, if a borrower pledges a property worth $100,000 as collateral a...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It's was an easy interview

I applied via Naukri.com and was interviewed in Oct 2021. There were 5 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Questions on Cobol programming
  • Q2. Different variable defining levels Calling subroutines Static and dynamic calls Runninf SQL query in cobol program Tsq tdq Search and search all Comp variables Abends and how to handle them
Round 2 - Technical 

(2 Questions)

  • Q1. Question on cics and db2
  • Q2. DB2 update and delete queries Dml and ddl operations Isolation levels Error codes Cics tables Map and mapset parameters How to define files and new programs Abends
Round 3 - Technical 

(2 Questions)

  • Q1. JCL questions interview round
  • Q2. Job card parameters Cond parameter Define gdg and vsams Abends Sorting Joins
  • Ans. 

    The interview question covers job card parameters, cond parameter, gdg and vsams, abends, sorting, and joins.

    • Job card parameters are used to specify job information such as job name, job class, and accounting information.

    • COND parameter is used to conditionally execute job steps based on the return code of previous steps.

    • GDG (Generation Data Group) is a group of related datasets that are created and managed together.

    • VSA...

  • Answered by AI
Round 4 - Behavioral 

(1 Question)

  • Q1. Agile methodologies Jira knowledge Service now knowledge
Round 5 - HR 

(2 Questions)

  • Q1. What are your salary expectations?
  • Q2. Share details of your previous job.

Interview Preparation Tips

Interview preparation tips for other job seekers - Please prepare the error and abend codes thoroughly
How to identify and resolve them
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Mar 2023. There were 2 interview rounds.

Round 1 - Technical 

(5 Questions)

  • Q1. What do you know about Amex?
  • Ans. 

    Amex, also known as American Express, is a multinational financial services corporation known for its credit card services.

    • American Express is commonly referred to as Amex.

    • It is a multinational financial services corporation.

    • Amex is known for its credit card services and rewards programs.

    • The company was founded in 1850 and is headquartered in New York City.

    • American Express cards are widely accepted worldwide.

  • Answered by AI
  • Q2. How does Amex make money?
  • Ans. 

    American Express makes money primarily through fees charged to merchants and cardholders, as well as interest on outstanding balances.

    • Merchant discount fees charged to businesses for accepting Amex cards

    • Annual fees and interest charges on cardholders' balances

    • Foreign exchange fees for international transactions

    • Lending and investment services

    • Partnerships with other companies for co-branded cards

  • Answered by AI
  • Q3. Talk me through your projects
  • Q4. Details of linear and logistic regression
  • Q5. SQL knowledge questions
Round 2 - One-on-one 

(4 Questions)

  • Q1. Why are you leaving your current organisation?
  • Q2. Case study which involved a guesstimate
  • Q3. Multiple puzzles and credit card industry knowledge
  • Q4. Why are you interested in Amex

Ocwen Financial Solutions Interview FAQs

How many rounds are there in Ocwen Financial Solutions Senior Processing Executive interview?
Ocwen Financial Solutions interview process usually has 4 rounds. The most common rounds in the Ocwen Financial Solutions interview process are HR, One-on-one Round and Resume Shortlist.

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Ocwen Financial Solutions Senior Processing Executive Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Ocwen Financial Solutions Senior Processing Executive Salary
based on 8 salaries
₹3 L/yr - ₹5.8 L/yr
15% more than the average Senior Processing Executive Salary in India
View more details

Ocwen Financial Solutions Senior Processing Executive Reviews and Ratings

based on 1 review

4.0/5

Rating in categories

3.0

Skill development

4.0

Work-life balance

3.0

Salary

5.0

Job security

3.0

Company culture

1.0

Promotions

3.0

Work satisfaction

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