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$35.5K

$76.2K

$118.5K

How much do community development banking jobs pay per year?

As of Jun 17, 2026, the average yearly pay for community development banking in the United States is $76,173.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,500.00 and $91,500.00 per year, depending on experience, location, and employer.

What jobs can you do with community development?

Community development offers roles such as community development officer, urban planner, housing coordinator, and economic development specialist. These jobs typically involve project management, stakeholder engagement, and knowledge of local policies, often requiring skills in communication, planning, and community outreach.

What is the highest paid type of banker?

In community development banking, senior roles such as Chief Lending Officers or Regional Managers tend to be the highest paid, often earning six-figure salaries. These positions require extensive experience, strong financial skills, and often involve overseeing large portfolios or teams.

What is the role of BDA in a bank?

In a bank, a Business Development Associate (BDA) is responsible for identifying and cultivating new client relationships, promoting banking products, and expanding the bank's customer base. They often analyze market trends, prepare sales pitches, and work closely with relationship managers to meet sales targets.

What are the key skills and qualifications needed to thrive in the Community Development Banking position, and why are they important?

To thrive in Community Development Banking, you need a background in finance, knowledge of community reinvestment laws, and experience with lending or credit analysis, often supported by a bachelor's degree in finance, economics, or a related field. Familiarity with loan origination systems, credit risk assessment tools, and Community Reinvestment Act (CRA) compliance software is typically required. Strong relationship-building, interpersonal communication, and problem-solving skills help individuals stand out in this field. These skills are crucial for effectively supporting under-served communities while managing financial risk and ensuring regulatory compliance.

What is a Community Development Banking job?

A Community Development Banking job focuses on providing financial services and investment to underserved communities, promoting economic growth and stability. Professionals in this field work with local businesses, nonprofits, and government agencies to support affordable housing, small business development, and community revitalization efforts. They help structure loans, grants, and other financial products tailored to meet the unique needs of low-income communities. Their goal is to increase financial inclusion and foster long-term economic sustainability.

What is a community development banker?

A community development banker is a financial professional who works for banks or financial institutions to support economic growth in underserved communities. They evaluate and structure loans, grants, and investments to promote affordable housing, small business development, and community revitalization, often requiring knowledge of local needs and regulatory compliance.

What are the primary responsibilities of a Community Development Banking professional on a day-to-day basis?

Community Development Banking professionals typically work with local organizations, small businesses, and individuals to structure loans and financial solutions that support community revitalization and economic growth. Their day-to-day tasks may include evaluating loan applications, conducting outreach to identify development opportunities, and ensuring compliance with relevant regulations such as the CRA. They often collaborate with internal credit teams, nonprofit partners, and government agencies to advance community-focused projects. This role offers a dynamic mix of client interaction, financial analysis, and impact-driven work aimed at making a positive difference in the communities served.

More about Community Development Banking jobs
What cities are hiring for Community Development Banking jobs? Cities with the most Community Development Banking job openings:
What states have the most Community Development Banking jobs? States with the most job openings for Community Development Banking jobs include:
What job categories do people searching Community Development Banking jobs look for? The top searched job categories for Community Development Banking jobs are:
Community Development Banking jobs near you
Infographic showing various Community Development Banking job openings in the United States as of June 2026, with employment types broken down into 86% Full Time, and 14% Part Time. Highlights an 100% In-person job distribution, with an average salary of $76,173 per year, or $36.6 per hour.

Associate Banker-Community Development Banking- Associate

JPMorganChase

Seattle, WA

$115K - $145K/yr

Full-time

Medical, Retirement

Posted 5 days ago

Job description

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. 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 (LIHTC) developments and bond purchases. Clients include for-profit and not-for-profit developers, government entities, and community-based organizations.

As a Community Development Banking Associate within our Commercial Real Estate team, you will provide support and assistance in the underwriting and approval process for acquisition, construction, and/or permanent loans sourced by senior banker colleagues. You will report to a CDB Banker and support all members of the Los Angeles team.

Job Responsibilities:

  • Work with Originating Bankers to gather project documentation, prepare credit committee pitch packages, Letters of Interest, and Term Sheets
  • Analyze and adjust development budgets, operating statements, rent schedules, construction flow of funds, financial statements, market studies, and third-party reports
  • Collaborate with underwriters through the credit approval process, including closing calls, due diligence collection, and internal reporting
  • Review legal documentation prior to closing for accuracy and consistency with credit approval terms
  • Assist with client meetings/calls related to financings and attend JPM Chase and industry events
  • Monitor construction progress, including draw requests, funding adequacy, time delays, cost overruns, contingency fund usage, and compliance with loan documents

Required Qualifications, Skills, and Capabilities:

  • 2.5+ years' experience in financing commercial real estate transactions, including mixed income and affordable housing development projects
  • Experience with Federal, State, and Local Affordable Housing/LIHTC financing programs
  • BA/BS degree
  • Strong interpersonal skills for client and stakeholder interaction
  • Team player with flexibility to adjust priorities as needed
  • Excellent written and verbal communication skills
  • Proficient in MS Word, Excel, PowerPoint, and Outlook
  • Limited travel required, occasionally overnight

Preferred Qualifications, Skills, and Capabilities:

  • Formal bank credit training
  • Knowledge of standard bank credit policies and loan administration procedures

This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.

ABOUT US
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


ABOUT THE TEAM
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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