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Specialist, GSE Repurchase Management in Bengaluru at Ocwen Financial Corporation

Date Posted: 1/16/2019

Job Snapshot

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    2 to 4 years
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Job Description


Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen’s mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®.

Consider an opportunity to join our global team and put “Caring in Action” while growing your career.


The Investor Repurchase Business Unit conducts a loan review of all repurchase requests made by Investors for Representation and Warranty violation. Problems noted in the repurchase demand are investigated to determine if the request has merit. The Specialist will assess the claims made by the investor or MI carrier and make a risk based decision whether repurchase is necessary. Management will perform a multi-level review of repurchase decisions. Appeals will be issued to investors or MI companies at the discretion of the Specialist when warranted.

This position will be responsible to bring loans to final resolution and work with Repurchase Operations to request funding for repurchases. The Specialist will manage an individual pipeline of repurchases and/or MI rescissions. The position will partner with other business units to achieve efficiency and effectiveness.


• Bachelor’s Degree preferred.
• Minimum 2-4 years of origination mortgage banking experience in a variety of risk/underwriting, ops, credit, QC, etc.

Required Skills

• Ability to identify and resolve issues related to origination repurchase demands and MI notice of findings
• Strong analytical skills
• Knowledge of Automated Underwriting Systems (Desktop Underwriter®, Loan Prospector®, AssetWise, Clues)
• Excellent verbal and written communication skills
• Strong PC skills, (MS Office, Access,)
• Ability to think “outside the box” and provide creative solutions to repurchase issues

Ocwen Financial Corporation, our affiliates and subsidiaries (“Ocwen”) is an Equal Opportunity Employer. Ocwen and its affiliated companies recruit and hire qualified candidates without regard to race, religion, color, sex, sexual orientation, age, national origin, citizenship and veteran or disability status, or any factors prohibited by law.

Primary Location: IN-KA-Bangalore
Work Locations:
Bangalore Pritech 2 (PTECH-2)
Pritech SEZ Park, Block Number 12
5th Floor B Wing and 6th Floor A WingBellandur Village, Sarjapur Marathahalli Ring Road
Bangalore, 560103

Job: Residential Servicing
Organization: India Business Unit
Schedule: Regular
Job Posting: Nov 16, 2018, 4:06:36 PM


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