Credit & Risk Manager (Construction & Federal Contracting)

Are you a proactive risk leader with strong construction credit expertise? We’re looking for a Credit & Risk Manager to lead enterprise-wide credit, payment protection, and risk management programs across commercial, federal, and construction projects. This is a high-impact role focused on protecting assets, reducing bad debt exposure, preserving lien and bond rights, and strengthening financial safeguards throughout the project lifecycle. Rather than traditional collections, this position centers on early risk identification, sound credit decisions, and proactive issue prevention.

Responsibilities

• Credit Analysis & Customer Qualification
  • Perform in-depth credit evaluations for customers and project opportunities
  • Analyze financial statements, trade references, bank references, and credit reports
  • Set credit limits, payment terms, and internal risk ratings
  • Maintain customer risk classifications and ongoing monitoring processes
  • Identify emerging risks and recommend mitigation strategies
• Construction & Project Risk Management
  • Assess owner solvency, project funding sources, and payment security
  • Evaluate bonds, financing arrangements, and contractual protections
  • Review subcontractor risk and payment security, including surety bonding and Subcontract Default Insurance (SDI)
  • Partner with Legal, Contracts, Operations, Finance, and Risk teams to reduce exposure
  • Support vendor and subcontractor risk tracking through risk management systems
• Lien Rights & Payment Protection
  • Administer processes that preserve lien rights, bond claim rights, and statutory payment protections
  • Ensure timely notices, filings, and supporting documentation are completed accurately
  • Coordinate with legal counsel on enforcement actions when needed
  • Track notice deadlines, filing requirements, and claim status across active projects
• Lien Waiver & Release Management
  • Oversee issuance, review, and tracking of lien waivers and releases
  • Maintain controls around conditional and unconditional releases
  • Ensure documentation is complete and compliant
• Project Lifecycle Oversight
  • Make sure payment protections are established from project award through closeout
  • Monitor billing activity, payment trends, contract changes, and other risk indicators
  • Escalate concerns quickly and recommend corrective action
• Accounts Receivable Risk Support
  • Help resolve disputes and payment issues before they impact collections
  • Review delinquent accounts and recommend risk mitigation steps
  • Focus on preventing receivable problems rather than routine collections activity

What Success Looks Like

• Reduced bad debt exposure and stronger protection of company assets
• Lien and bond rights preserved across projects
• Credit reviews completed accurately and consistently
• Risk issues identified early and addressed proactively
• Improved quality of accounts receivable aging
• Strong payment protection controls in place throughout the project lifecycle
• Vendors and subcontractors prequalified with sound financial standing

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field
• 6+ years of experience in commercial credit, construction finance, risk management, or a related area
• Strong knowledge of mechanic’s liens, bond claims, financial statement analysis, and project risk assessment
• Experience in construction and complex project environments required
• Exposure to federal contracting and government projects preferred
• Experience with surety programs, bonding, and/or Subcontract Default Insurance (SDI) preferred
• Strong communication, judgment, and cross-functional collaboration skills
• Ability to balance detail, urgency, and risk in a fast-moving environment

Benefits

• Medical, vision, dental, and life and disability insurance
• Company 401(k) plan enrollment for contract/temporary professionals