Analyst, Credit

Simon Property Group • Indianapolis, IN

389d

About The Position

The Credit Analyst position at Simon involves preparing credit reviews and conducting financial analyses of existing and prospective tenants, particularly focusing on at-risk accounts. The role requires a strong understanding of financial statements, credit reports, and collections, and includes responsibilities such as preparing monthly reports on tenant exposures and advising on deal structuring.

Requirements

• Bachelor's Degree in Finance, Accounting, or Business.
• Strong analytical and problem-solving skills.
• Ability to demonstrate good judgment.
• Good PC skills, with knowledge of Excel preferred.
• Underwriting and/or Collections experience is a plus.
• Good communication and business writing skills.

Responsibilities

• Review financial statements to identify potential risk factors for new and expanding business relationships, focusing on leases with large capital outlay.
• Interact with executive levels from prospective and existing tenants to understand their legal and financial structures.
• Educate non-financial professionals on risk factors related to prospective deals.
• Provide guidance and creative options to Leasing/Development for ensuring performance assurance or security levels for deals.
• Work with the investment team to guide potential capital investments in new business opportunities.
• Assess collectability of existing tenants using financial statements, credit reports, and asset searches.
• Review requested rent relief and assess tenant requests based on key factors such as business size and financial strength.
• Provide financial guidance to Leasing on structuring rent relief and improving tenant financial positions.
• Partner with Legal/Leasing to assist in structuring complex deals or ownership changes.
• Collaborate with credit management staff to prepare the monthly Credit Watchlist Report.
• Participate in determining the addition or removal of tenants from the Watchlist and automatic default list.
• Monitor collection activities of Watchlist tenants and follow up with Collections staff as needed.
• Order and monitor asset/liability searches when requested by management.
• Research company ownership and lease structures for potential revisions.
• Contact tenants regarding account status and financial discussions as needed.

What This Job Offers

• Job Type: Full-time
• Industry: Real Estate
• Education Level: Bachelor's degree