--- title: 'Head of Credit Underwriting at Constrafor' canonical: 'https://feeny.ai/job/head-of-credit-underwriting-constrafor-new-york-h2pw2qxdhksb' type: 'job' last_seen: '2026-09-09' --- # Head of Credit Underwriting at Constrafor - **Company:** Constrafor - **Location:** New York, NY - **Work type:** hybrid - **Posted:** 2023-10-09 - **Last confirmed live:** 2026-09-09 - **Apply:** https://job-boards.greenhouse.io/constrafor/jobs/4992431004 ## Job description Constrafor is rebuilding the financial infrastructure behind one of the largest industries on the planet and we're doing it fast! Construction moves trillions of dollars a year, yet it still runs on outdated processes, cash flow guesswork, and paperwork chaos. We're the SaaS and fintech platform fixing that, giving General Contractors and Subcontractors the tools to manage procurement and financial transactions the way modern companies actually operate. Backed by $30M+ in VC funding and scaling fast, we're not just building software, we're building the operating system for construction finance. If you want your work to have real, tangible impact on an industry that touches literally everything around you, this is that opportunity. 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: - Develop and implement a company wide risk management framework, including policies, procedures, and controls, tailored to construction finance and receivable financing products. - Own and evolve Constrafor’s portfolio risk strategy across underwriting, monitoring, and loss mitigation, balancing risk appetite with growth objectives. - 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. - Provide visionary leadership and guidance to the risk organization, fostering a culture of accountability, collaboration, and proactive risk ownership across teams. - Lead comprehensive risk assessments for construction clients and counter-parties, evaluating creditworthiness, collateral, contractual structures, and construction project fundamentals. - Establish and maintain portfolio-level monitoring capabilities, including early warning indicators, cohort analysis, risk grading, concentration limits, and escalation protocols. - Innovate on existing underwriting framework to enable continued monitoring while maintaining scalable originations, clear decisioning, and consistent risk controls. - Analyze and report on risk trends, concentrations, and stress scenarios across Constrafor’s portfolio, including macroeconomic impacts and construction cycle dynamics. - Maintain strong working knowledge of company policies and procedures, identifying exceptions to policy and partnering with credit providers to implement practical, risk-aligned resolutions. - Partner closely with Credit, Sales, Legal, Product, and Engineering to ensure risk is embedded into product design, customer onboarding, transaction structuring, and portfolio servicing. - 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: - Bachelor's degree in finance, economics, or a related field (Master's degree preferred). - Minimum of 8+ years of experience in alternative credit roles. - Proven track record of building and scaling risk frameworks across credit and portfolio risk in Asset-Based Lending (ABL), Invoice Factoring, and Receivable Financing. - Strong understanding of risk modeling, portfolio analytics, and stress testing methodologies. - Ability to communicate effectively and continuously with internal teams and external stakeholders. - Experience working in a startup or high-growth environment is strongly preferred. - Ability to excel in a fast-paced, collaborative environment and lead through influence across functions. - Strong analytical, strategic thinking, and problem-solving skills with sound judgment under uncertainty. - Deep understanding of construction finance risk drivers is a plus. 💼 Constrafor Benefits: - Competitive Salary: $190,000–$210,000 DOE - Significant equity ownership within Constrafor. - Hybrid office schedule out of our beautiful Hudson Yards office. - Medical, dental & vision insurance coverage offered for you and your dependents. - Generous PTO Plan. - A collaborative and innovative work culture that values your input. - Opportunity to make a significant impact in a growing tech company. Constrafor is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local law. ## About Constrafor ## Company Overview - **One-liner**: Constrafor is a SaaS, fintech, and AI platform that modernizes back-office operations and unlocks cash flow for subcontractors and general contractors in the construction industry. - **Entity Type**: Private (Series A) - **Headquarters**: New York, New York, USA - **Founded**: 2019 - **Founders**: Anwar Ghauche (Founder & CEO), Douglas Reed (Co-Founder & CTO) ## Core Business - **Primary industry**: Construction technology (ConTech) and financial technology (FinTech) - **Target customers**: B2B – general contractors, subcontractors, and construction firms of all sizes - **Mission statement**: “Modernizing the back office and unlocking cash flow for the contractors who power our built environment.” ## Products & Services - **Early Pay Program (EPP)** – Receivables financing for subcontractors to access funds faster; also automates billing, job costing, cash forecasting, compliance, and booking via AI copilot **cru.ai**. - **General Contractor Platform** – End-to‑end procurement and administration: contracts, certificates of insurance (COIs), invoices, payments, pre‑qualification, and diversity procurement in one system. - **Risk Management Solution** – Integrated tools for managing project risk, COIs, and compliance. ## Market Standing - **Valuation**: Not publicly available - **Key Metrics**: Total funding of **$379M** (includes venture and debt rounds); **$2B+** invoices funded; **15,000+** subcontractors served; **40,000+** projects managed; **$500M+** invoices managed; **7,000+** COIs managed - **Notable Investors/Partners**: NFX (led Series A), FinTech Collective (seed), CoVenture (debt), CEMEX Ventures, NVIDIA (startup partner), Amazon Web Services (startup partner) - **Growth Signals**: Recognized in Top 50 ConTech Startups (CEMEX Ventures, 2024) and FinTech Innovation Top 50 (GGV Capital, 2024); growing headcount with active job openings (5 as of mid‑2025); headquartered in NYC with 80 employees ## Competitive Advantages - **Purpose‑built for construction** – Combines SaaS, fintech, and AI specifically for the unique workflows of general contractors and subcontractors. - **Unified platform** – Connects all parties, documents, and transactions in a single environment, eliminating silos and reducing administrative burden. - **Network effects** – Large and growing contractor network (15,000+ subs) attracts more general contractors, creating a two‑sided marketplace. - **AI copilot (cru.ai)** – Automates complex tasks like billing, job costing, and cash forecasting, differentiated from generic ERP or accounting solutions. ## Strategic Focus - Continue scaling the contractor network and invoice financing volume. - Deepen AI integrations to further automate back‑office processes. - Expand product capabilities for both subcontractors and general contractors, especially around risk management and compliance. ## Why Work Here - **Hybrid work model** – NYC‑based with flexibility to come in when it matters and work remotely when it doesn’t. - **Compensation** – Competitive market rate salary plus early‑stage equity. - **Culture** – “No silos, no politics”; collaborative, innovative, and mission‑driven team focused on modernizing the largest industry in the world. - **Perks** – Full medical, dental, and vision coverage; generous PTO; team lunch provided; fast‑paced environment with high impact. - **Tech stack** – Angular, TypeScript, Django, AWS, Figma, Jira, Looker; engineers work on meaningful products that directly affect thousands of contractors daily. ## Sources 1. [constrafor.com](https://www.constrafor.com/company) 2. [constrafor.com](https://www.constrafor.com/careers) 3. [builtin.com](https://builtin.com/company/constrafor) 4. [linkedin.com](https://www.linkedin.com/company/constrafor) ## Other roles at Constrafor - [Controller & Treasury Ops](https://feeny.ai/job/controller-treasury-ops-constrafor-new-york-q6gsps6kdt3v) — New York, NY - [Full Stack Software Engineer](https://feeny.ai/job/full-stack-software-engineer-constrafor-new-york-hcnhqe6z3a0z) — New York, NY - [Capital Markets Manager](https://feeny.ai/job/capital-markets-manager-constrafor-new-york-p2nefvanrwy7) — New York, NY