Credit & Financial Strategy Analyst

We consider People first and believe true success can only be achieved when it is experienced by our shoppers, retailers, and team members alike. That's 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 Tanger's 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 Tanger's hub-and-spoke approach to a modern Teams-driven workplace.

About the Role:

As the Credit & Financial Strategy analyst, you will be responsible for conducting credit analysis, reviews and write-ups 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.

Tanger's 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 business's 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 write-up 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 at-risk 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 Bachelor's 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 fast-paced work environment.
• You are comfortable with high-stakes 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 Tanger's total compensation package for employees.

Hiring Range:$75,600 - $114,950 per year

About Tanger

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 44 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and three open-air 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 3,000 stores operated by more than 700 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit tanger.com.

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: recruitment@tanger.com

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EOE. Drug Free Workplace. A background check will be conducted for this position. Tanger Management, LLC participates in E-verify.