Head of Credit Underwriting

About this role

Constrafor is a SaaS and fintech platform purpose-built for construction. We are setting new standards of productivity and cost-efficiency for the way General Contractors and Subcontractors manage procurement & financial transactions. With over $30 million of VC financing, we are forging the path for construction innovation. Join us on our mission to advance the largest industry in the world.

As the Head of Credit Underwriting at Constrafor, you will embark on an exhilarating journey to shape the future of our industry. You'll be at the forefront of our mission to elevate construction finance to new heights. You will truly build a best in class risk function that protects the company while enabling scale, innovation, and disciplined growth.

We’ve already originated $2Bn+ through Constrafor’s Early Pay Program (EPP) and we’re just getting started. As Head of Credit Underwriting, you’ll own risk across credit underwriting, portfolio construction, fraud, and compliance, and you’ll build the systems, controls, and team needed to support rapid growth without compromising discipline. You’ll work closely with leaders across the company to execute Constrafor’s risk strategy.

📝 Key Responsibilities:

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Develop and implement a company wide risk management framework, including policies, procedures, and controls, tailored to construction finance and receivable financing products.

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Own and evolve Constrafor’s portfolio risk strategy across underwriting, monitoring, and loss mitigation, balancing risk appetite with growth objectives.

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Monitor and assess risk exposures across Constrafor’s construction portfolio, identifying risks such as project performance risk, payment waterfall risk, lien risk, disputes/claims, schedule delays, cost overruns, subcontractor default risk, and counter-party concentration.

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Provide visionary leadership and guidance to the risk organization, fostering a culture of accountability, collaboration, and proactive risk ownership across teams.

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Lead comprehensive risk assessments for construction clients and counter-parties, evaluating creditworthiness, collateral, contractual structures, and construction project fundamentals.

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Establish and maintain portfolio-level monitoring capabilities, including early warning indicators, cohort analysis, risk grading, concentration limits, and escalation protocols.

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Innovate on existing underwriting framework to enable continued monitoring while maintaining scalable originations, clear decisioning, and consistent risk controls.

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Analyze and report on risk trends, concentrations, and stress scenarios across Constrafor’s portfolio, including macroeconomic impacts and construction cycle dynamics.

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Maintain strong working knowledge of company policies and procedures, identifying exceptions to policy and partnering with credit providers to implement practical, risk-aligned resolutions.

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Partner closely with Credit, Sales, Legal, Product, and Engineering to ensure risk is embedded into product design, customer onboarding, transaction structuring, and portfolio servicing.

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Build and monitor risk performance on a regular basis to ensure portfolio quality, liquidity protection, and loss outcomes align with Constrafor’s risk appetite.

📈 Qualifications: