Craig's first novel, The Martini Shot, published by william Morrow in 1998, chronicles has-been action film star Charlie West's troubled relationship with his two children and received a Michener-Copernicus Fellowship. His second novel, Hot Plastic, published by Hyperion in 2004, portrays the complex relationship between credit card con Artist Jerry Swift and his genius son, both of whom are attracted to the same woman. His most recent novel, Blood Father, published by Hyperion in 2005, tells of aging biker John Link and his reckless teenage daughter, caught up in a drug bust gone wrong.

As a Screenwriter, Craig has written the Warner Bros. picture The Town (based on the novel Prince of Thieves by Chuck Hogan) with Ben Affleck and Aaron Stockard. He adapted the screenplays for The Hunger Games: Mockingjay - Part 1 and The Hunger Games: Mockingjay - Part 2 with Danny Strong. The films were directed by Francis Lawrence. Craig also adapted his own novel Blood Father, directed by Jean-François Richet, released in 2016 by Lions Gate Entertainment; and 12 Strong—an adaptation of Doug Stanton's nonfiction account of the war in Afghanistan, Horse Soldiers, produced by Jerry Bruckheimer. Currently, he is adapting Lynsey Addario's memoir It's What I Do for Warner Bros. and M.A. Bennett's novel, "S.T.A.G.S." for Fox 2000 and Chernin Entertainment.