Insperity Home Page

Credit Underwriter

Are you a motivated finance professional with experience in floorplan/inventory finance? Do you thrive in a dynamic, fast-growing environment where you can make an impact? Red Oak Inventory Finance seeks a Credit Underwriter to help drive our expanding commercial lending business!

Red Oak Inventory Finance is a leading national provider of inventory financing solutions tailored to the RV, marine, and trailer industries. With over 26 years of experience, we specialize in delivering creative financial solutions quickly and efficiently. Our team comprises top industry professionals dedicated to offering quality, proficiency, and fast results. We are committed to empowering businesses by optimizing inventory management and enhancing cash flow.

Best-in-Class Benefits and Perks: 

Our client values their employees’ time and efforts. Offering a competitive annual salary of $70,000-$108,000 depending on experience, plus an annual bonus of up to 20%, and an extensive benefits package enhance their commitment to your success. Our client’s benefits package includes: 

• Comprehensive health coverage: Medical, dental, and vision insurance provided
• Robust retirement planning: Immediate eligibility 401(k) plan available with employer matching
• Financial security: Life and disability insurance for added protection
• Flexible financial options: Health savings and flexible spending accounts offered
• Well-being and work-life balance: Paid time off and hybrid work choices provided

Plus, we work to maintain the best environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where everyone feels encouraged to contribute to our processes, decisions, planning, and culture.

As a Credit Underwriter at Red Oak Inventory Finance, you will play a key role in our growing commercial lending business. You will analyze credit requests for inventory loan financing, assess risk, and make informed lending decisions with appropriate conditions of approval. Utilizing financial statements, cash flow trends, and key metrics, you will evaluate business performance and the creditworthiness of owners and guarantors. Your expertise in floorplan/inventory finance, entrepreneurial mindset, and ability to thrive in a dynamic market will help drive our success.

To thrive, you should have:        

• Bachelor's Degree in Business, Accounting or Finance
• 3+ years of relevant credit experience
• Ability to analyze financial statements/tax returns, including trend, ratio, and cash flow analysis
• Possess thorough knowledge of secured lending documentation, including UCC, Purchase Money Security Interest, Intercreditor Agreements, and Letters of Credit
• Excellent written and oral communication skills and attention to detail

Your responsibilities as the Credit Underwriter will include:

• Conduct thorough risk assessments and prepare comprehensive and detailed credit narratives for new and existing customers, evaluating transaction structure, financial capacity, principal experience, guarantor support, and industry and economic trends with a well-supported recommendation.
• Spread and analyze financial statements, assess key evaluate financial ratios and measure credit risk to support lending decisions.  
• Review and assess consumer credit and third-party business reports.  
• Determine appropriate loan documentation, including guarantees, UCC filings, and additional collateral.
• Perform periodic reviews of customer relationships to confirm risk ratings and financial stability.  
• Collaborate with internal sales, operations, and legal teams while engaging with prospective and existing customers to support financing needs.

Red Oak Inventory Finance is on an exciting growth trajectory. We offer a fast-paced, dynamic environment where your contributions genuinely matter. As a privately funded company, we move with speed and agility that our bank competitors can’t match. Our team thrives on innovation, collaboration, and results.

• Everyone Matters, Everyone Contributes – Your voice and expertise make an impact.
• You Control Your Destiny – We provide the platform; you drive your success.
• Integrity & High Standards – We always believe in doing things the right way.
• When we win, we all win. (We win A LOT)
• There is no time for boredom

Our competitors will hire you if you’re great at what you do. But if you’re the best, you belong with us. Join Red Oak and take your career to the next level!

Our client is an equal opportunity employer that welcomes and encourages workplace diversity. It does not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

#PRO

#ZCL