Back to jobs

Credit Risk Underwriter

New York, NY

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.

We are looking for a Credit Risk Underwriter to evaluate Constrafor’s customers background to determine if they are a fit into our exciting Early Pay Program. The ideal candidate will be responsible for assessing and underwriting our subcontractor clients and their counter-parties, ensuring the performance and health of our portfolio. In this role, you will report to the Sr. Director of Risk and collaborate closely with the entire team to ensure successful execution of the credit business strategy.

📝 Key Responsibilities:

  • Maintain strong working knowledge of the company’s credit policies and procedures and identify exceptions to policy with potential resolutions.
  • Responsible for the entire lifecycle of underwriting credit transactions from pre-clearing, due diligence, approval, and funding, to post-close monitoring, including:  
    • Analyzing financial statements, bank statements, credit reports, and other relevant documents to assess risk.
    • Verifying and evaluating prospect’s legal structure, financial statements, collateral, accounts receivables aging, permits, lien waivers, or other credit data.
    • Rating the degree of risk involved, make a credit decision and develop the optimal factoring package for each transaction.
    • Managing signing and funding of the transaction agreement with all parties, and any necessary post-close line items, including acting on behalf of the servicing and collections team as needed.  
  • Analyze portfolio to continuously monitor concentration risks.
  • Contribute to regular discussions with internal teams to create a strong collaborative environment and align proper expectations and usage of credit.
  • Monitor credit transactions on a regular basis to ensure portfolio performance.
  • Perform due diligence using both internal and external datasets and prepare underwriting files on potential customers. 
  • Maintain strong working knowledge of the company’s credit policies and procedures and identify exceptions to policy with potential resolutions.
  • Incorporate existing credit scoring models and methodologies to enhance risk assessment processes.
  • Monitor credit portfolios and identify potential risks and emerging trends.
  • Collaborate with internal teams, including servicing, account management, and sales to ensure a transparent and efficient underwriting process.

📈 Qualifications:

  • 4-7 years of experience in credit underwriting, asset backed financing, structured finance, or commercial due diligence.
  • Understanding of financial statements, accounting practices and collateral, legal requirements, and other relevant credit information.  
  • Analytical mindset and detail-orientation for the underwriting process.
  • Ability & willingness to interact with external accounts payable & accounts receivable teams.
  • Strong experience in capital markets and/or credit analysis and well developed financial statement analysis skills.
  • Self-starter with the initiative and discipline to work independently, learn new skills, and handle multiple responsibilities and priorities.
  • Possess the drive and curiosity needed to work in a lean team and a fast-paced, highly productive entrepreneurial environment.   
  • Ability to communicate effectively and continuously with team members and external parties.
  • SQL experience is a plus.
  • Experience working in a startup is a plus.

💼 What We Offer:

  • Competitive Salary: $95,000-105,000 base DOE.
  • Equity in the Company.
  • Medical, dental & vision insurance coverage offered for you and your dependents.
  • Generous PTO Plan.
  • 401k.
  • Hybrid schedule out of our beautiful Hudson Yards office.

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.

Apply for this job

*

indicates a required field

Resume/CV

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Constrafor’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.