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Associate Banker Jobs in Reston, VA (NOW HIRING)

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Associate Banker information

See Reston, VA salary details

$28.1K

$146.9K

$323K

How much do associate banker jobs pay per year?

As of Jul 14, 2026, the average yearly pay for associate banker in Reston, VA is $146,907.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,700.00 and $221,100.00 per year, depending on experience, location, and employer.

What is the difference between Associate Banker vs Customer Service Representative?

AspectAssociate BankerCustomer Service Representative
CredentialsHigh school diploma or equivalent; some roles may prefer finance-related certificationsHigh school diploma or equivalent; customer service experience preferred
Work EnvironmentBank branches, working directly with clients on banking productsCall centers, bank branches, or retail locations assisting customers with inquiries
Employer & Industry UsageFinancial institutions, retail bankingBanking, retail banking, financial services
Common Search & ComparisonAssociate Banker vs Customer Service Representative

The main difference between an Associate Banker and a Customer Service Representative lies in their roles and responsibilities. Associate Bankers typically handle more complex banking products and client consultations, often requiring some financial knowledge. Customer Service Representatives focus on assisting customers with basic inquiries and transactions. Both roles are essential in retail banking, but Associate Bankers usually have more client interaction related to financial services and may require additional certifications.

What are Associate Bankers?

Associate Bankers are entry- to mid-level professionals who assist customers with their banking needs, such as opening accounts, processing transactions, and providing information about financial products. They serve as the frontline staff in banks, helping to resolve client inquiries, promote bank services, and ensure a positive customer experience. Associate Bankers also assist with administrative tasks and may support branch operations to ensure efficiency and compliance with regulations.

What are some common challenges Associate Bankers face during their first year, and how can they overcome them?

During their first year, Associate Bankers often face challenges such as adapting to a fast-paced environment, quickly learning multiple banking products, and building trust with customers. Managing time efficiently while balancing sales goals with providing excellent customer service is also common. Overcoming these challenges often involves seeking guidance from experienced colleagues, proactively participating in training programs, and consistently asking questions to deepen product knowledge. Open communication with your team and a willingness to learn from feedback can significantly ease the transition into this role.

What are the key skills and qualifications needed to thrive as an Associate Banker, and why are they important?

To thrive as an Associate Banker, you need a solid understanding of banking products, financial regulations, and customer service principles, often supported by a relevant degree or previous banking experience. Familiarity with banking software systems, customer relationship management (CRM) tools, and sometimes certifications like NMLS are typically required. Strong interpersonal skills, attention to detail, and problem-solving abilities help Associate Bankers build trust and efficiently resolve client needs. These skills are crucial for delivering excellent service, ensuring compliance, and supporting the bank's reputation and growth.
What are the most commonly searched types of Banker jobs in Reston, VA? The most popular types of Banker jobs in Reston, VA are:
What are popular job titles related to Associate Banker jobs in Reston, VA? For Associate Banker jobs in Reston, VA, the most frequently searched job titles are:
What job categories do people searching Associate Banker jobs in Reston, VA look for? The top searched job categories for Associate Banker jobs in Reston, VA are:
What cities near Reston, VA are hiring for Associate Banker jobs? Cities near Reston, VA with the most Associate Banker job openings:
Associate Banker jobs near you
Associate Banker-Community Development Banking- Associate

Associate Banker-Community Development Banking- Associate

JP Morgan Chase

Washington, DC

Full-time

Medical, Retirement

Re-posted 16 days ago

JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 491 frontline employees who took The Breakroom Quiz

58th of 149 rated banks

Job description

Become an integral part of a team that proudly supports vibrant and diverse neighborhoods by providing loans, investments, and services for low- and moderate-income households and communities nationwide! 

J.P. Morgan Chase's Community Development Banking (CDB) business is a national leader in community development finance for affordable housing and economic development projects. With our resources, CDB offers financing for projects of any size and complexity, including construction financing, bridge loans, acquisition loans, letters of credit to support bond transactions, and long-term permanent financing for Low Income Housing Tax Credit developments and bond purchases. CDB's clients include for-profit and not-for-profit developers, government entities engaged in housing and economic development, and community-based organizations. 

As a Community Development Banking Associate within our Commercial Real Estate team, your initial responsibility will be to provide support and assistance in the underwriting and approval process for acquisition, construction, and/or permanent loans sourced by originations colleagues. You will report to a CDRE  Banker, but will support members of the originations and risk teams. 

Job Responsibilities 

  • Work with the originations team to manage pipeline, run profitability models, assist with client set up, engage KYC Officers to perform background checks, draft project highlight forms.
  • Work with the originations team on drafting clear and concise deal pitch packages, Letters of Interest, and Term Sheets. This will include but is not limited to reviewing project budgets, conducting market analysis, confirming overall project economics.
  • Work collaboratively with the assigned credit officer along with originations team through the loan closing  process, including due diligence collection, managing the legal checklist, drafting sections of the credit approval memo, assistance with engaging third party reports,  managing information flow in C360, and managing documentation in shared folders.
  • Review legal documentation associated with the transaction prior to closing in conjunction with risk and originations teams.
  • Assist in handling client meetings and/or calls related to specific financings, and attend JPM Chase sponsored events and other affordable housing industry events, both during and after business hours.
  • Collaborate with risk and originations teams, and other internal partners, throughout the life cycle of the loan until repayment.

Required Qualifications, Skills and Capabilities: 

  • Experience in community development real estate lending or investing with a focus on affordable housing.

  • Demonstrated underwriting expertise in Low Income Housing Tax Credits (LIHTC), subordinate/public subsidy layers, and construction/permanent financing structures.

  • BA/BS degree

  • Strong analytical and financial modeling skills; capacity to synthesize complex information 

  • Track record of managing multiple transactions and deadlines with disciplined project management and follow through

  • Ability to interact favorably in person and on the telephone with prospects, clients, consultants, government agency staff, and legal counsel
  • Ability to work as a member of a team and adjust priorities as necessary to achieve team, as well as individual, goals
  • Excellent written and verbal communication skills
  • Strong PC skills; proficient in MS Word, Excel, PowerPoint, and Outlook

  • Commitment to the CRA mission and familiarity with how lending activities support community impact goals.

Preferred Qualifications, Skills and Capabilities: 

  • Knowledge of standard bank credit policies and loan administration procedures 
  • Active industry engagement through conferences, associations, junior boards
  • Experience closing complex, multilayered capital stacks with tax credits, bonds, and multiple subsidy sources.
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.
Global Investment Banking supports a broad range of corporations, institutions and governments by providing strategic advice, capital raising and risk management expertise.

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