As a Warehouse Allocation Analyst, you will help power a more seamless mortgage experience by managing daily warehouse allocation and funding activities across multiple facilities. In this role, you will make decisions within established guidelines, resolve issues, and partner closely with Capital Markets Operations, Funding, Treasury, Collateral, and other stakeholders to help ensure loans are allocated, funded, and moved off warehouse lines accurately, efficiently, and with low operational risk.
You Will Get To
Execute daily warehouse allocation decisions across multiple facilities using established eligibility, concentration, advance rate, product, and investor guidelines.
Support daily warehouse funding execution, including funding file submissions, supplemental wires, and exception handling.
Run and maintain recurring warehouse, funding, and collateral reports to support 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 help ensure timely loan movement and accurate warehouse paydowns.
Monitor warehouse line capacity, usage, and aging trends, and raise 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.
2+ years of mortgage or capital markets experience, including exposure to warehouse lending, funding, collateral, reconciliations, or allocation processes.
Bachelor’s degree in Finance, Accounting, Economics, or a related field, or equivalent practical experience.
Strong Excel and Google Workspace skills, with experience working with large data sets, reconciliations, reporting, lookups, and pivots.
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.
Working knowledge of warehouse funding flows, account structures, and the warehouse loan lifecycle, with the ability to connect daily allocation, funding, and collateral activities.
Strong analytical, problem-solving, and decision-making skills, with sound judgment on when to resolve issues independently and when to escalate.
Highly organized and detail-oriented, with the ability to manage multiple time-sensitive priorities in a fast-paced, deadline-driven environment.
Clear written and verbal communication skills and a collaborative, flexible approach to working across teams and evolving business needs.
Expected to work 8 hours per day, Monday–Friday, between 5:30 a.m. PST and 4:00 p.m. PST, with additional hours as needed during peak funding or quarter‑end periods.
Here at Zillow - we value the experience and perspective of candidates with non-traditional backgrounds. We encourage you to apply if you have transferable skills or related experiences.
At Zillow, we’re reimagining how people move—through the real estate market and through their careers. As the most-visited real estate platform in the U.S., we help customers navigate buying, selling, financing and renting with greater ease and confidence. Whether you're working in tech, sales, operations, or design, you’ll be part of a company that's reshaping an industry and helping more people make home a reality.
Zillow is honored to be recognized among the best workplaces in the country. Zillow was named one of FORTUNE 100 Best Companies to Work For® in 2025, and included on the PEOPLE Companies That Care® 2025 list, reflecting our commitment to creating an innovative, inclusive, and engaging culture where employees are empowered to grow.
No matter where you sit in the organization, your work will help drive innovation, support our customers, and move the industry—and your career—forward, together.
Zillow Group is an equal opportunity employer committed to fostering an inclusive, innovative environment with the best employees. 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 contact your recruiter directly.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable state and local law.
Los Angeles County applicants: Job duties for this position include: work safely and cooperatively with other employees, supervisors, and staff; adhere to standards of excellence despite stressful conditions; communicate effectively and respectfully with employees, supervisors, and staff to ensure exceptional customer service; and follow all federal, state, and local laws and Company policies. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness and professionalism, and safeguard business operations and the Company’s reputation. Pursuant to the Los Angeles County Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.