Credit Underwriter

Constrafor is a marketplace for the construction industry operating at the intersection of Fintech and Contech. We are an early-stage, VC-funded technology company, based in NYC. The platform growth has been explosive going from 0 to $24M/month in 4 months!

Constrafor is building a world-class team, capable of moving quickly to deliver high-quality technology. Join us on our mission to advance the largest industry globally.

Job Description:

We are looking for a Credit Underwriter to evaluate Constrafor’s construction receivables. This is an opportunity to build a business and refine all aspects of Constrafor’s credit policies. In this role, you will report to the VP of Credit and collaborate closely with the entire team to ensure successful execution of the Credit business strategy.

Roles & Responsibilities:

  • Create, review, and maintain complex credit policies that improve the underwriting process while mitigating potential risks, including those specific to the construction industry.  
  • Innovate on the existing framework to allow for high, continued scalability.
  • Maintain strong working knowledge of the company’s factoring policies and procedures and identify exceptions to policy with potential resolutions.
  • Responsible for the entire lifecycle of underwriting factoring transactions from pre-clearing, due diligence, approval, and funding, to post-close monitoring, including:  
    • Identify, collect, and complete an in-depth analysis of all documents necessary in transaction requests.
    • Verify and evaluate prospect’s legal structure, financial statements, collateral, accounts receivables aging, permits, lien waivers, or other credit data.
    • Rate the degree of risk involved, make a credit decision and develop the optimal factoring package for each transaction.
    • Manage 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.  
  • Build and monitor credit transaction KPIs on a regular basis to ensure portfolio performance.
  • Analyze portfolio to continuously monitor concentration risks.
  • Identify and evaluate new data providers including alternative data sources to improve underwriting process.
  • Contribute to regular discussions with internal teams to create a strong collaborative environment and align proper expectations and usage of credit.


  • 4-7 years of credit underwriting experience in factoring, short-term accounts receivable financing, ABL, or commercial finance.
  • Technical experience related to construction or surety underwriting, or construction accounting, strongly preferred.
  • Understanding of financial statements, accounting practices and collateral, legal requirements, and other relevant credit information.  
  • Analytical mindset and detail-orientation for the underwriting process.
  • 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.

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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.