Senior Credit Financial Strategy Analyst
Senior Credit Financial Strategy Analyst
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$ 75600 - 114950
1 Vacancy
Job Description
We consider People first and believe true success can only be achieved when it is experienced by our shoppers retailers and team members alike. Thats not a tagline those are our Core Company Values written by our People for our People.
With sites across North America our diverse internal and external communities stakeholders and partners choose Tanger for the best value experience and opportunities. We care about delivering on the Tanger Difference of working at Tanger.
In our continued mission to deliver the best value experience and opportunity for our communities stakeholders and partners using customer insights and experience
we are seeking a Credit & Financial Strategy Analyst who will be responsible for supporting Tangers risk management initiatives to evaluate and ensure the financial health of our tenant portfolio. This position will report directly to the Director of Financial Strategy & Analytics with geographic flexibility to work remotely offered by Tangers hubandspoke approach to a modern Teamsdriven workplace.
About the Role:
As the Credit & Financial Strategy analyst you will be responsible for conducting credit analysis reviews and writeups for all potential new leases lease modifications and renewals. You will also monitor macro level tenant trends to better inform the organization on the potential financial risks associated with our tenant base.
Tangers Rewards:
- Competitive salary
- Generous Suite of Medical Dental and Vision Benefits
- 401(k) match
- Paid PTO and Holidays
- Paid Volunteer Hours
- Team Member Paid Leave Programs
- Tuition Reimbursement
- Wellness Incentives
- Group Life and Disability Insurance
- Voluntary Benefits
- Team Member Discounts
- And more
How you will contribute to what we do:
Tenant Review Responsibilities
- Conduct a thorough analysis of business and personal financial statements to discover document and flag the overall financial risk and exposure of tenant lease terms & deals
- Review and interpret tenant financial statements income statements balance sheets cash flow statements financial ratios and performance metrics to evaluate a businesss financial health and stability
- Build a business financial spreading template to accurately and concisely determine if the liquidity leverage and equity positions are sufficient to support the proposed lease terms
- Evaluate personal (including trusts) credit applications reports tax returns and personal financial statements to assess the creditworthiness
- Produce an objective clear and concise credit writeup for all new tenants potential rent reliefs renewals defaulting tenants etc.
- Build development enhance maintain and adhere to all credit policies procedures and scoring models to standardize output and quantify credit risk
- Manage all of the Letters of Credit to ensure all are lease compliant
- Tenant Allowance review and sign off on payouts to confirm all AR is current and tenant is financially stability
Portfolio and Macroeconomic Analysis Responsibilities:
- Research and promptly inform internal parties whenever sales creditworthiness and/or financial guidance for key retailers has materially changed
- Build automate and maintain a comprehensive quarterly portfolio review of the top tenants within the portfolio
- Partner with Technology to ensure all relevant Credit and Finance datasets are Warehoused and are utilized to streamline processes
- Automate a significant portion of the credit process with an API of the public financial statements and other key metrics to proactively flag atrisk tenants for the watchlist
- Build models (mathematical and statistical) standalone and comparative of tenant credit portfolio industry and overall economic information that predict trends patterns and possibility of lease default and/or performance by tenant category
- Own manage report and lead the watchlist on a monthly and quarterly basis
- Identify and address deteriorating credit risk and recommend strategies for portfolio improvement
- Consider and incorporate the macroeconomic factors news and key trends potentially impacting the real estate and retail/consumer sectors
- Monitor and report on key tenant competitor and industry business trends and channels (quarterly and annual filings actions leadership changes news etc. on a quarterly basis
- Research financial topics and present accessible reports on that research to colleagues with differing areas of expertise
- Track and incorporate the macroeconomic factors news legislation and key trends that are potentially impacting the real estate and retail sectors
- Track legislation and government policies changes that impact the business
About You:
- You have a Bachelors degree in Business Economics Statistics Finance Accounting or related field and five 5 plus years of relevant experience.
- You are proficient in MS Office (Excel PowerPoint PowerBI and Word).
- You have strong analytical and quantitative skills to assess financial data and credit risk and you are familiar with interpreting financial statements and financial ratios.
- You possess strong knowledge of credit scoring models and credit risk assessment techniques.
- You are familiar with credit reporting agencies credit reports and credit analysis tools.
- You are detail oriented and have strong communication and time management skills
- You can work independently make sound decisions and manage competing deadlines in a fastpaced work environment.
- You are comfortable with highstakes decision making.
- You embrace diversity of people thought and style as the best way to bring value for our customers and retail partners
Experience the difference and be a part of our extraordinary team!
Hiring Range Disclaimer
The base salary range represents the low and high end of the hiring range for this position. Actual salaries will vary depending on factors including but not limited to location experience and performance. The range listed is just one component of Tangers total compensation package for employees.
Hiring Range:$75600 $114950 per year
About Tanger
Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and openair retail shopping destinations with over 44 years of expertise in the retail and outlet shopping industries. Tangers portfolio of 37 outlet centers one adjacent managed center and two openair lifestyle centers comprises over 16 million square feet well positioned across tourist destinations and vibrant markets in 21 U.S. states and Canada. A publicly traded REIT since 1993 Tanger continues to innovate the retail experience for its shoppers with over 3000 stores operated by more than 700 different brand name companies. For more information on Tanger call 18004TANGER or visit .
We Consider Community Seek the Success of Others Act Fairly & with Integrity and Make it Happen! We are deeply committed to creating and sustaining an organizational culture reflective of the collective mixture of unique experiences perspectives and viewpoints of our people partners and communities that contribute to making Tanger an environment where everyone is welcomed respected heard supported and able to thrive. Tanger is proud to be an Equal Opportunity Workplace. All employment decisions are based on qualifications merit and business need.
Accessibility Note: If you are a job seeker with a disability and require a reasonable accommodation to apply for one of our jobs or if you are unable to use the online application please request accommodation or ask for an alternative method of applying by emailing:
EVerify is a registered trademark of the U.S. Department of Homeland Security
EOE. Drug Free Workplace. A background check will be conducted for this position. Tanger Management LLC participates in Everify.
Required Experience:
Senior IC
Employment Type
Full-Time
