Co-Founder - Head of Credit & Structured Finance

What NuruFi does?NuruFi is the credit engine for clean energy trade in emerging markets. We operate an asset-light risk verification and assessment engine that enables clean energy equipment distributors to safely extend credit terms to local EPCs, unlocking stalled pipelines and getting productive-use solar assets into the market faster.The trajectory is phased: v1 asset-light underwriting and servicing (earn fees, build the dataset); v2 tooling to make assessment faster and cheaper; v3 financing purchase orders directly, funded by a separate debt vehicle raised once the performance record justifies it.The core capability is underwriting productive-use payers that carry no credit rating and that international funds cannot assess cost-effectivelyNuruFi is currently part of the Carbon13 venture-building programme.The current team:Founder / CEO — energy systems engineer; owns the technical underwriting (system design, sizing, performance risk) and overall direction.Operations & Credit Lead (Uganda) — origination, on-the-ground verification, and collections.The role:You would own credit as a function and build it into a system. Specifically:Underwriting. Own and develop the credit methodology — the scorecard, risk framework, and decisioning — for unrated business payers. Personally assess deals in the early phase; the manual work is the point, and it is how the model gets built.Structuring. Set deal terms (limits, tenor, deposits, milestones), design the collection waterfall, and work with local counsel on assignment of receivables and its perfection.Portfolio & risk. Build servicing, monitoring, early-warning, and workout/recovery practice. Own the performance dataset that the underwriting model will be trained and re-weighted against.Capital (as the company matures). Lead the eventual raise of a debt facility and the relationships with debt funds, DFIs, and guarantors that finance the receivables in the next phase.Co-Founder Governance: Participate directly in company strategy, investor fundraising pitches, board dynamics, and institutional scaling.Who you are?Direct experience underwriting SME, trade, receivables, or working-capital credit in an African or emerging market — you have made real credit decisions and lived with the outcomes.Hands-on. You are willing to assess deals yourself, chase payments, and work out a default in the early stage, not only design frameworks for others to run.Comfortable building structure from little: a scorecard in a spreadsheet before it is a system; a method before it is software.Working knowledge of structured trade finance and debt-raising — receivables facilities, security and collateral, and what debt funds and DFIs require — or a credible path to owning it.Grounded and analytical in how you communicate risk. Numbers and structure over narrative.Useful:Exposure to clean-energy, asset, or equipment finance.Familiarity with East African legal and payments infrastructure (movable-collateral registration, mobile money, bank rails, assignment of receivables).A network among debt funds, DFIs, or guarantee providers active in Sub-Saharan Africa.Terms:Co-founder equity, commensurate with a founding role and the stage. Cash compensation is limited until the first raise, which this role helps lead.Equity: Co-Founder Equity Share (12% – 20%, vesting schedule, open to negotiation based on experience and capital match capability)