Warehouse Allocation Analyst

Job Description

Engage in daily warehouse allocation decisions across multiple facilities, following established guidelines for eligibility, concentration, advance rate, product, and investor criteria. Support daily warehouse funding execution, including funding file submissions, supplemental wires, and exception handling. Generate and maintain recurring warehouse, funding, and collateral reports to ensure accurate data alignment across Encompass, warehouse systems, and internal tools. Investigate and reconcile funding, collateral, and reporting variances, resolving routine issues independently and escalating higher-risk exceptions as needed. Manage daily collateral reporting and support return wire activities to ensure timely loan movement and accurate warehouse paydowns. Monitor warehouse line capacity, usage, and aging trends, raising potential constraints or unusual activity to senior team members. Partner with Capital Markets Operations, Funding, Treasury, Accounting, Collateral, and other stakeholders to communicate status, risks, and priorities. Improve day-to-day processes and controls by updating documentation, refining reports and checklists, testing enhancements, and helping reduce operational risk and turnaround times.

Qualifications

1. Minimum of 2 years of experience in mortgage or capital markets, including exposure to warehouse lending, funding, collateral, reconciliations, or allocation processes. 2. Bachelor’s degree in Finance, Accounting, Economics, or a related field, or equivalent practical experience. 3. Proficiency in Excel and Google Workspace, with experience in handling large data sets, reconciliations, reporting, lookups, and pivots. 4. Familiarity with loan origination systems such as Encompass and warehouse lender reporting tools, with the ability to navigate key loan data, statuses, and standard reports. 5. Comprehensive knowledge of warehouse funding flows, account structures, and the warehouse loan lifecycle, connecting daily allocation, funding, and collateral activities. 6. Strong analytical, problem-solving, and decision-making skills, exercising sound judgment on issue resolution and escalation. 7. Highly organized and detail-oriented, managing multiple time-sensitive priorities in a fast-paced, deadline-driven environment. 8. Excellent written and verbal communication skills with a collaborative, flexible approach to working across teams and evolving business needs.

Benefits

- Competitive base salary - Equity awards based on experience, performance, and location