Credit Analyst

GENERAL PURPOSE OF JOB

NNN REIT, Inc. (NYSE: NNN) is seeking a Credit Analyst to join our dynamic team onsite in our Downtown Orlando office. The Credit Analyst plays a key role in evaluating the creditworthiness of both prospective and existing tenants within commercial real estate transactions. This position is responsible for performing in-depth financial analysis, assessing risk factors, and preparing clear, actionable credit reports and recommendations to support investment and portfolio management decisions. The ideal candidate brings strong analytical capabilities, a solid foundation in commercial real estate finance, and the ability to collaborate effectively across departments in a fast-paced environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Perform in-depth financial analysis of prospective and existing tenants, reviewing financial statements, tax returns, and supporting documentation to assess creditworthiness and ability to meet lease obligations.
• Develop and leverage financial models to analyze historical performance, calculate key credit metrics, forecast cash flows, and evaluate scenario impacts, including mergers and acquisitions.
• Identify and assess key credit risks related to tenants, industries, ownership structures, and property acquisitions.
• Analyze property-level financial performance, including sales trends, store profitability, and margin analysis.
• Prepare comprehensive credit memoranda and presentations that clearly outline findings, risks, mitigants, and recommended credit structures and terms.
• Partner closely with acquisitions, due diligence, and legal teams throughout the underwriting and transaction process.
• Monitor industry trends, economic conditions, and regulatory developments to inform credit decisions and identify potential investment opportunities.
• Support credit underwriting activities related to lease transactions, assignments, tenant releases, M&A impacts, and ongoing portfolio monitoring.
• Proactively identify and track short-, medium-, and long-term credit risks across the portfolio.
• Maintain data, reporting, and systems that support the credit risk management framework.
• Provide recommendations to management on new data analysis tools, AI related productivity tools, Bloomberg screens, CapIQ screens, S&P and Moody's credit ratings reports, to help support credit underwriting and property level analysis.
• Performs other duties as needed and assigned.

EDUCATION AND/OR EXPERIENCE

• Bachelor's degree in finance, Real Estate, Accounting, Economics, or a related field.
• 1-2 years of experience in credit analysis, commercial real estate finance, or a related analytical role (e.g. banking, debt funds, institutional real estate).
• Experience with AI tools, Bloomberg, CapIQ a plus

QUALIFICATIONS

• Strong understanding of commercial real estate fundamentals, property valuation methodologies, and financial concepts.
• Proficiency in financial modeling and analysis using Microsoft Excel.
• Excellent written and verbal communication skills, with the ability to present complex financial information clearly and concisely.
• Proven ability to conduct thorough due diligence and identify key risks.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team and manage multiple priorities while meeting deadlines.
• Upholds the highest standards of honesty, confidentiality, and ethical conduct in all aspects of work.
• Proactively identifies issues and opportunities, takes ownership of responsibilities, and follows through to completion.

CERTIFICATES, LICENSES, REGISTRATIONS

None Required