Ocwen Financial Corporation

Director, Mortgage Lending Finance

Ocwen Financial Corporation • $165K — $185K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA preferred
  • 8-10 years in financial planning and analysis within financial services, ideally mortgage
  • Strong analytical skills with ability to assess deals and legal implications
  • Proven ability to build relationships and influence stakeholders effectively
  • Excellent written and verbal communication skills for translating complex terms into plain English
  • Ability to multi-task and meet deadlines in a dynamic environment

Responsibilities

  • Lead financial planning and reporting activities across the business
  • Create and improve finance reporting packages for various channels
  • Enhance financial models to support business strategy and operations
  • Collaborate with Data Science & Analytics to develop strategies
  • Assist CFO with shareholder relations and financial analytics
  • Lead initiatives for finance data warehouse and system enhancements

Benefits

  • Exposure to a diverse team and broad company operations
  • Opportunities for professional development and team culture growth
  • A high-performing work environment that values automation and agility
  • Accountability and resource allocation to support team success
Full Job Description
Job Description

Position Summary:

The Director of Mortgage Lending Finance is responsible for the financial reporting, budgeting and forecasting of the Mortgage Originations business of Onity. The role provides guidance and financial expertise to the business in connection with new transactions and ongoing operations, and collaborates with business partners to develop and maintain the company's financial policies. This position offers excellent exposure to a diverse and talented team of professionals who support a broad array of the company's businesses and products.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

  • Lead business-wide financial planning and reporting activities
  • Create and enhance standard finance reporting packages and metrics for the Originations business and different channels (i.e. forward, B2B and B2C)
  • Maintain and enhance financial models and analytics to support business strategy, including operational capacity models and costs
  • Partner with Data Science & Analytics and other leaders to build analytics & strategies, including Capital Markets and Corporate Development
  • Partner with CFO and Finance team on enhancing approach to shareholder relations, including analytics and back-up, R/Y/G matrix, valuation, etc.
  • Lead finance data warehouse launch and support broad financial systems redesign and enhancements


Key Result Areas:

  • Set objectives & key results (KPI's) that support our Service Excellence philosophy and standards, and monitor delivery against these to increase Customer satisfaction levels,
  • Promote and instill a high performing team culture
  • Develop team to be dynamic and agile while leveraging all means of automation to streamline functions and grow analytical curiosity
  • Foster talent to improve and grow business acumen helping to maintain retention levels, and support change management initiatives
  • Allocate resources and drive accountability to direct reports to ensure achievement of results


Qualifications:

To perform this job successfully, an individual must have the following education and/or experience:
  • Bachelor's degree required, MBA preferred
  • 8-10 years of financial planning and analysis experience in financial services industry, preferably with mortgage experience
  • Ability to analyze economic basis of deals and legal implications for financial and reporting requirements, with basic financial modeling experience
  • A successful track record of developing strong relationships across a broad range of leadership functions allowing the person to effectively influence and effect change
  • Must have very strong written and verbal communication skills, with the ability to clearly and concisely translate complex accounting terms into plain English
  • Must have a demonstrated and proven ability to multi-task and meet deadlines in a fast-paced deadline-driven and constantly changing environment


Training / Licensing Requirements:

  • Must pass the Company's Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.


The salary range for this position is expected to be $165,000 - $185,000 per year, depending on geographic location, experience, and other qualifications of the successful candidate.This position is also eligible for bonus based on performance and subject to the terms of the Company's applicable plans

#OnityGroupInc #WeAreOnity

About Ocwen Financial Corporation

Ocwen Financial Corporation is a financial services holding company that specializes in mortgage servicing. The company provides residential and commercial mortgage loan servicing, special servicing, and asset management services. Ocwen's clients include homeowners, investors, mortgage lenders, and financial institutions. The company operates in the United States and internationally, with offices in the United States, India, and the Philippines. Ocwen has faced regulatory scrutiny in the past, including a settlement with the Consumer Financial Protection Bureau in 2013 over alleged mortgage servicing violations. The company has since implemented changes to its operations and compliance programs.
Learn more about Ocwen Financial Corporation
Size
5,700 employees
Market Cap
$236.9 million
Industry
Net Income
-$40.1 million
Founded
1988
5 Year Trend
-5.4%
Revenue
$960.9 million
NASDAQ

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