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Allocation analyst job description

Updated March 14, 2024
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Example allocation analyst requirements on a job description

Allocation analyst requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in allocation analyst job postings.
Sample allocation analyst requirements
  • Bachelor’s degree in economics or finance.
  • Experience with spreadsheet software and/or data analysis.
  • Experience in budget analysis.
  • Ability to interpret financial statements.
  • Knowledge of financial regulations.
Sample required allocation analyst soft skills
  • Excellent communication and interpersonal skills.
  • Strong analytical and problem-solving skills.
  • Ability to work independently and as part of a team.
  • Highly organized with great attention to detail.

Allocation analyst job description example 1

BJ's Wholesale Club allocation analyst job description

Join a team of more than 32,000 team members, comprised of our home office and over 229 clubs and 7 distribution centers. We're committed to delivering value and convenience to our Members, helping them save every day on everything they need for their family and home. BJ's Wholesale Club offers a collaborative, team-oriented environment where all team members can learn, grow and excel.

The Allocation Analyst is primarily responsible for creating purchase orders and allocating inventory to Clubs to maximize sales and inventory investment. This is accomplished by managing inventory flow across our Club, Distribution and Ecommerce networks to minimize expense. This position works within a Merchandise Category team including Merchant, Merchant Assistant, and Planner and leverages expertise and guidance from the Planning & Allocation Manager as well as from the Allocation Lead position.Review daily Club inventory levels and sales forecasts within assigned Merchandise Categories to ensure Clubs are allocated the right amount of inventory to maintain targeted instock goals to enhance the Member experience. Monitor vendor performance to ensure that purchase orders are fulfilled completely and delivered on time. Demonstrate proficiency in SAP & E3 (specifically maintaining demand, forecasting and replenishment system parameters) to efficiently allocate inventory and to achieve KPI target goals Monitor KPI performance of Club in stock, Sales Plan, Inventory Turn improvement, Monthly Inventory Plans and Margin plan to ensure assigned Merchandise Categories are at target. Escalate to management team when vendor performance issues are impacting KPI performance. Recommend inventory strategy efficiency improvements for the DC network and clubs.
Requirements

+ Bachelors degree required

+ 2+ years of relevant inventory management experience

+ Results driven and able to work in a fast paced environment

+ Expert command of retail math concepts, applications and analysis

+ Intermediate Excel skills; must be proficient on formulas, V-lookups, and Pivot Tables

+ Outlook management

+ Detail oriented, with excellent follow-through and problem solving skills

+ Able to organize and prioritize workload to meet deadlines

+ Strong analytical, verbal and written communication skills

+ Flexible and adaptive to changing priorities
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Allocation analyst job description example 2

Ross Stores allocation analyst job description

**Welcome to Ross Stores, Inc\., where our differences make us stronger...** At Ross and dd's, inclusion is a way of life\. We care about our Associates and the communities we serve and we value their differences\. We are committed to building diverse teams and an inclusive culture\. We respect and celebrate the diversity of backgrounds, identities, and ideas of those who work and shop with us\. Come join us as we continue our diversity, equality and inclusion journey\!
**Position Overview**

Ross Stores, Inc\. is the fast\-growing off\-price retailer that can't be missed\. We're taking the off\-price retail industry by storm by delivering the best branded bargains to our customers across the nation, the District of Colombia and Guam\. You will be a part of making that happen\. Your role will be comprised of two main functions: Ensuring assortment strategies are executed and all store volumes are supported each season\. In a typical week, you may participate in meetings with merchants and planners in our Buying Offices or help resolve inventory challenges through data analytics and problem solving\. Your collaboration with cross functional partners will drive the best products to our stores, and your creative agility will play an integral role in making Ross Stores the most efficient off\-price retailer in the industry\.

**Responsibilities and Performance Profile**

+ **Execute the Merchant Vision\.** Intuitively understand and drive data analysis to support the execution of buyer assortment strategies\. Facilitate the analysis to ensure all store volumes are appropriately inventoried each season\.
+ **Flex Your Excel Skills\.** Take large amounts of raw data, consolidate, and create allocation strategies and solutions\.
+ **Roll with the Punches\.** Move seamlessly between projects, adapting quickly to sudden changes in priorities\.
+ **Translate Ideas** : You work well cross\-functionally and can clearly communicate the points between data and decisions\. You're comfortable presenting your unique ideas to others\.
+ **Be Creative\.** Define allocation approaches and assess assortment needs across diverse store demographics, to deliver the right products to the right stores at the right time\.
+ **Know Your Business\.** Identify issues impacting breadth of assortment within your business unit, such as Men Shoes or Cosmetics by participating in store visits, communicating findings, and sharing your recommendations\.

**About Our Team**

We're a team of highly\-motivated and data driven individuals with a commitment to growth and excellence\. When you join our team, you're joining a family that emphasizes career development and advancement\. We offer robust training to every new member, provide you with new opportunities to share your knowledge with others, and we work hard to build and maintain an inclusive environment for Associates entering Ross at any stage of their career\.

If this sounds like the place for you, we encourage you to apply\!

**Qualifications**

+ Minimum of 3 years relevant work experience conducting data analysis, preferably in retail\.
+ Associates or Bachelors degree preferred, but not required\.
+ Expert skillset in MS Excel
+ Ability to work cross functionally with high attention to detail\.
+ Strong written and spoken communication skills to socialize performance\.

**DISCLAIMER**

This job description is a summary of the primary duties and responsibilities of the job and position\. It is not intended to be a comprehensive or all\-inclusive listing of duties and responsibilities\. Contents are subject to change at management's discretion\.

Ross is an equal employment opportunity employer\. We consider individuals for employment or promotion according to their skills, abilities and experience\. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented and diverse workforce\. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex \(which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding\), veteran status, military status, marital or registered domestic partnership status, medical condition \(including cancer or genetic characteristics\), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws\.
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Allocation analyst job description example 3

Citizens Alliance allocation analyst job description

Securitization & Pool Allocation Analyst 228297Description We are hiring a Securitization & Pool Allocation Analyst to join the Loan Delivery Team.

A Securitization & Pool Allocation Analyst is responsible for all tasks associated with the delivery and settlement of all loans allocated by Secondary Marketing for industry sales to agencies such as FNMA, FHLMC and GNMA for all loan origination channels (correspondent, retail, and wholesale).
Primary Responsibilities:

Responsible for delivery of all loans allocated by Secondary Marketing for industry sales to agencies such as FNMA, FHLMC and GNMA. Must have knowledge of agency and custodial guideline requirements.
Responsible for the clearing all pooling related edits to ensure data integrity and meeting delivery deadlines.
Responsible for input, allocation and reconciliation of all pools and trades as well as the coordination of the settlement of all mortgage-backed securities with Wall Street Dealers.
Review closed loan documentation for whole loan sales to submit to BOND Agencies.
Prepare and distribute daily, weekly, and monthly reporting.
Work closely with other groups to provide direction, input and support regarding resolving edits and problem loans. These areas include, but is not limited to Post Closing, the Custodian, Investors, Settlement Agents, and all parts of Operations as well as Finance and Servicing.
Must be flexible with the ability to multi-task with accurate work performance results.
To be success in this role, the candidate must have a natural analytical way of thinking and be very detailed oriented.

Qualifications Required Skills and Experience

Bachelor's Degree
Advanced Excel experience proficient in function builder and macro creation is required
Experience with SQL and Tableau is preferred
Prior mortgage experience, preferably in capital markets, secondary marketing, or loan delivery with the understanding of mortgage products and processes.
Strong analytical and communication skills
Must have extreme attention to detail and the ability to function accurately and effectively in a fast-paced deadline driven environment.
Math aptitude to convert into decimals and fraction

Hours & Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday
Primary Location: US-VA-Glen AllenWork Locations: VA-Glen Allen-10561 Telegraph Rd 10561 Telegraph Rd CCO Mortgage Glen Allen 23059Schedule: Full-time Job Posting: Oct 11, 2022, 8:24:56 PM
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Updated March 14, 2024

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.