Assistant Manager, Human Resources in Mumbai at Ocwen Financial Corporation

Date Posted: 1/9/2020

Job Snapshot

Job Description



The HR Compensation and Benefit team is responsible for administration of plans and systems related to employee compensation & performance, development and administration of corporate policies, procedures and management directives. This position will report to the Director, Human Resources.


•Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentive pay
•Administer incentive, commission and retention plans, including managing eligibility, calculating payments and soliciting approvals, coordinating payments through payroll, and preparing employee communications.
•Evaluate position descriptions to set pay grades, identify appropriate salary ranges, and analyze duties to determine FLSA status. Maintain job codes and salary structure in HRIS (Fusion).
•To work on compensation philosophies, compensation strategies and compensation policies for the organization
•Complete employee salary and benefits planning, designing, structuring and implementation exercises
•Compensation and benefits benchmarking surveys. Collation & analysis of study reports, Annual increment and reward proposals and Implementation of annual salary revision exercises
•To introduce different salary and reward programs like flexible benefits plan and performance-based variable pay plans
•Incharge for annual planning, forecasting and budgeting exercises for all direct costs for employees (salary and benefits, annual increments, incentives, rewards and awards programs) and all indirect manpower related expenses.
•Identifying, intervening and initiating different employee and overhead expenses savings opportunities as a part of companies cost reduction programs to add to their bottom lines and hence increase profitability.
•Closely Working with Compensation and Benefits consultants in India



• Graduation is required. Master’s degree is preferred.
•2-5 years of HR Compensation and Benefit experience with a strong learning orientation
• Analytical/logical ability and a solution selling approach
• Flair for engaging with people and developing relationships and ability to work in diverse teams
• Comfortable with working in rotating shifts (mid/evening shifts)
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.

Ocwen is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Primary Location: IN-MH-Mumbai
Work Locations:
Mumbai Infinity (INFTY)
2nd Floor, Infinity Towers,
Mind Space Business District,, Malad West
Mumbai, 400064

Job: Human Resources
Organization: India Business Unit
Schedule: Regular
Job Posting:


  1. Human Resources Jobs
  2. Payroll Jobs