Ocwen Financial Solutions Loan Processor Salaries by 20+ Employees (Updated 2024)

0 - 7 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Salary of majority employees

40% more than the average Loan Processor Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Loan Processor Salary 1 - 7 years exp. (9 salaries)	₹2.9 L/yr - ₹5.5 L/yr
Finance & Accounting Loan Processor Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr
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BFSI, Investments & Trading Loan Processor Salary 0 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹5.3 L/yr

Last Updated: 16 Mar 2023

Companies similar to Ocwen Financial Solutions for Loan Processor

Company name	Avg Annual Salary	Open Jobs
Cognizant Loan Processor Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹2.9 L/yr 41% less
TCS Loan Processor Salary 1 - 8 years exp. (17 salaries)	₹1.6 L/yr - ₹5.2 L/yr 23% less
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Accenture Loan Processor Salary 1 - 4 years exp. (13 salaries)	₹1.6 L/yr - ₹3.6 L/yr 40% less
Wells Fargo Loan Processor Salary 0 - 4 years exp. (58 salaries)	₹2.3 L/yr - ₹5.3 L/yr 16% less
JPMorgan Chase & Co. Loan Processor Salary 0 - 3 years exp. (40 salaries)	₹3 L/yr - ₹5 L/yr 10% less

Loan Processor salary at Ocwen Financial Solutions ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 20 latest salaries received from various employees of Ocwen Financial Solutions.

Experience wise Ocwen Financial Solutions Loan Processor salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.4 L/yr
1 year (3 salaries)	₹3.3 L/yr - ₹4.6 L/yr
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2 years (5 salaries)	₹2.5 L/yr - ₹4.6 L/yr
3 years (3 salaries)	₹2.5 L/yr - ₹7.4 L/yr
4 years (3 salaries)	₹3.5 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
7 years (3 salaries)	₹3.5 L/yr - ₹5 L/yr

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Salary related reviews for Ocwen Financial Solutions

4.1

Rated by 5 employees for salary & benefits

Team Lead in Mumbai (working remotely)

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 21 Jan 2024

5.0

for Salary and Benefits

Likes

...d organisation to work and learn for new joiners as well as experience people. Appraisal, Salary Hike and promotions policies are very good. Thus, you can work here long term to achieve your life goals.

Dislikes

Job Security is little concern but it is not with this only organisation. It is depend on market.

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 10 May 2018

5.0

for Salary and Benefits

Likes

I have been working with Ocwen for past 3.5 years. If you want relax job environment with decent package and with job security, this is the best one to join.Ocwen will never stop surprising you with on the floor activity and L&D activites and all the quaterly celebration. Work pressure depends on which process you get hire for. Some processes have tremendous work pressure but they get very good compensation in return.

Dislikes

Just like everyother company, you will face little politics here and there. Beacuse of which you have to be in the good book of your manager for growth.

Analyst (working remotely)

Data Science & Analytics Department

3.0

• posted on 26 Aug 2022

2.0

for Salary and Benefits

Likes

It is a good learning opportunity if you are a fresher, team mates are very supportive.

Dislikes

Work life balance is not good. Need to do overtime every single day without any extra pay. Salaries and increment are less. No appreciation and encouragement.

Infrastructure Manager in Pune

Full Time

IT & Information Security Department

2.0

• posted on 11 Nov 2024

2.0

for Salary and Benefits

Likes

Digital Transformation DEPARTMENT is good including growth an people ( +management). Transparent and clean eco-system in Digital Transformation only in IT.

Dislikes

No appraisals - hire and fire management. Absolute no salary hike and no promotions even working for 6 years. " Especially IT INFRASTRUCTURE Management is pathetic where the VP Infrastructure and all directors of Infrastructure DEPARTMENT are PAST CRIMINALS from HSBC and VODAFONE ( as per HR reports of HSBC and VODAFONE)....but what to say....its corporate

Senior Specialist in Mumbai

Full Time

Other Department

5.0

• posted on 14 Oct 2023

3.0

for Salary and Benefits

Likes

Overall experience was good in my past 7 years, specially like the policies of the Ocwen, the way Ocwen care about the employees security and health it was undoubtedly awesome. Work culture was super.

Dislikes

... Promotions policy No one as trying to retain the employees (if anyone resigns) Salary and benefits Applause and appreciation not based on performance

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ocwen Financial Solutions Loan Processor Salary FAQs

What is the salary of Loan Processor at Ocwen Financial Solutions?

Loan Processor salary at Ocwen Financial Solutions in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 40% more than the average Loan Processor Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Ocwen Financial Solutions India.

How does the salary of a Loan Processor at Ocwen Financial Solutions India compare with the average salary range for this job?

The average salary of a Loan Processor at Ocwen Financial Solutions is 40% more than the average salary of a Loan Processor in India. To know exact salary insights, login to view.

What are the top skills required to work as a Loan Processor at Ocwen Financial Solutions?

US Mortgage, MS Office Word, Written Communication, Document Review and Time Management are some of the popular skills required to work as a Loan Processor at Ocwen Financial Solutions India.

What is the salary of a Loan Processor in companies similar to Ocwen Financial Solutions in India?

JPMorgan Chase & Co. Loan Processor Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Wells Fargo Loan Processor Salary - ₹2.3 Lakhs to ₹5.3 Lakhs per year
TCS Loan Processor Salary - ₹1.6 Lakhs to ₹5.2 Lakhs per year
Accenture Loan Processor Salary - ₹1.6 Lakhs to ₹3.6 Lakhs per year
Cognizant Loan Processor Salary - ₹2.1 Lakhs to ₹2.9 Lakhs per year

What is the estimated take home salary of a Loan Processor at Ocwen Financial Solutions in India?

The estimated take-home salary of a Loan Processor at Ocwen Financial Solutions ranges between ₹31,295 per month to ₹32,590 per month in India. The take-home salary calculation is based on the average Ocwen Financial Solutions Loan Processor salary in India which ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Loan Processor at Ocwen Financial Solutions?

According to AmbitionBox, 57% of the Ocwen Financial Solutions Loan Processors reported a notice period of 15 days or less, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Ocwen Financial Solutions Loan Processor Salaries

Ocwen Financial Solutions Loan Processor salary in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Ocwen Financial Solutions latest salaries received from various employees of Ocwen Financial Solutions.