| Broadstone Net Lease, Inc. (NYSE: BNL) is an industrial-focused, diversified net lease real estate investment trust (REIT) that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, BNL's portfolio includes industrial, healthcare, restaurant, retail, and office property types.
| The Senior Analyst, Credit Risk will conduct in-depth financial analysis for Broadstone Net Lease. This position will support the timely and accurate production of detailed financial analysis and prepare and present financial reports, findings, and recommendations to inform decision making. The ideal candidate will be experienced in financial statement analysis and evaluation methods; have excellent writing, presentation, and interpersonal skills; be able to communicate and work well with internal colleagues and external tenants at all levels; and desire to advance one’s and others’ knowledge through data analysis. This position reports to the Vice President, Credit Risk. | Essential Job Duties and Responsibilities: - Complete comprehensive analysis on prospective and existing tenants to identify trends, measure performance, assess financial strength, and identify potential risks
- Compare financial statements of tenants being evaluated with those of similar establishments in the same industries and markets
- Maintain financial reports that summarize the overall financial position of the tenant portfolio
- Track industry trends and tenant news
- Translate data into clear, concise written and verbal presentations of findings, analyses, and recommendations to senior management
- Build and maintain tenant relationships
- In collaboration with VP, Credit Risk prepare applicable portfolio credit information to be included in various Board of Director and Investment/Portfolio Review Committee reporting
- Perform sensitivity analysis to assess how variations in modeling assumptions impact the tenant’s financial performance
- Interface closely with finance, underwriting, acquisitions, and property management team members
- Develop and improve tenant financial analysis tools, procedures, and reports
- Execute duties and maintains standards in accordance with company policies and procedures
- Assume additional duties as required
- Overtime hours may be required as job duties demand
Skills/Qualifications: - High proficiency in MS Office Suite (Word, Excel, Outlook, PowerPoint) with advanced Excel skills
- Strong financial analysis skills with an in-depth ability to read, evaluate, and understand internal and audited financial statements and SEC filings
- Strong quantitative and qualitative analysis, data manipulation and due diligence skills, with the ability to apply data management skills to complex business situations
- Knowledge of financial ratio analysis and GAAP accounting
- Understanding of finance, real estate, and capital markets terms and concepts
- Extremely detail-oriented with excellent organizational and planning skills
- Experienced information gathering and information monitoring skills
- Excellent verbal and written communication and presentation skills with ability to effectively present data and findings
- Effective decision-making skills and an ability to perform under deadline pressure
- Able to prioritize and work on multiple analytical projects in a timely manner
- Work well independently and on a team
- Self-starter, but not hesitant to ask for direction as needed
Education/Experience: - Bachelor’s degree in finance, accounting, or related field from a four-year accredited college or university required
- 3+ years of commercial credit underwriting experience required
- Commercial REIT experience a plus
- Experience with Moody’s Investors Service, and/or S&P tools a plus
- Experience with MRI Real Estate Software and/or Power BI a plus
| | |
