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Community Development Banking Jobs in Connecticut

... communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster ... Come join our team where you can expand your career potential, benefit from our robust development ...

... communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster ... Come join our team where you can expand your career potential, benefit from our robust development ...

... communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster ... Come join our team where you can expand your career potential, benefit from our robust development ...

... communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster ... Come join our team where you can expand your career potential, benefit from our robust development ...

Knowledge of applicable state and federal banking regulations and bank policies and procedures. * Experience in CRA and Community Development Loan extensions of credit a plus. PRINCIPAL ...

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Community Development Banking information

See Connecticut salary details

$33.8K

$72.5K

$112.7K

How much do community development banking jobs pay per year?

As of Jul 3, 2026, the average yearly pay for community development banking in Connecticut is $72,462.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,600.00 and $87,000.00 per year, depending on experience, location, and employer.

What does a community banking officer do?

A community banking officer manages relationships with local clients and businesses, providing financial services such as loans, deposits, and financial advice. They assess customer needs, promote banking products, and ensure compliance with banking regulations, often working closely with community organizations. Strong communication skills and knowledge of local markets are essential for this role.

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 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.

What is the highest paying job in the banking industry?

In community development banking, executive roles such as Chief Executive Officer (CEO) or Chief Financial Officer (CFO) tend to be the highest paid, often earning six-figure salaries plus bonuses. These positions require extensive experience, leadership skills, and often advanced degrees or certifications like CPA or CFA.
What are popular job titles related to Community Development Banking jobs in Connecticut? For Community Development Banking jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Community Development Banking jobs in Connecticut look for? The top searched job categories for Community Development Banking jobs in Connecticut are:
Infographic showing various Community Development Banking job openings in Connecticut as of June 2026, with employment types broken down into 1% Internship, 3% As Needed, 38% Full Time, 55% Part Time, 2% Temporary, and 1% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $72,462 per year, or $34.8 per hour.
Business Banking Relationship Manager

Business Banking Relationship Manager

Webster Bank

Manchester, CT • On-site

$110K - $170K/yr

Full-time

Posted 23 days ago


Webster Bank rating

7.1

Company rating: 7.1 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

103rd of 144 rated banks


Job description

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

The Business Banking Relationship Manager, is responsible for cultivating and growing a portfolio of business clients within our target segment. They will manage a portfolio of existing business relationships, with an extensive focus on new business development/client acquisition, expansion of existing relationships, and client retention. They will work with their team to execute against our segment strategy, and contribute to net deposit growth, loan production, and expansion of revenue generating products and services. They will also collaborate with bank partners within their assigned markets, in delivering an excellent client experience, looking for growth opportunities throughout the entire consumer segment.
  • Contribute to growth of segment by executing against our segment strategy. Responsible for execution against targeted growth goals of our core KPIs, in New to bank Business Relationships, Deposit Growth, Loan Production & Treasury Management & Overall Fee Income.
  • Develop & maintain network of business contacts, COIs, community leaders and other referral sources to develop new business relationships and generate revenue. Effectively manage and grow the pipeline consistent with production expectations.
  • Work closely with Team Leader, Sr. Relationship Managers, Banking Centers, and cross line of business colleagues to deliver an excellent client experience and drive value to the clients that we serve. Encourage peers and colleagues to skillfully listen to client needs and identify business banking growth opportunities.
  • Source opportunities and present effective credit proposals/memos for consideration. Work with senior leadership and credit to negotiate quality loans within our established policy & guidelines.
  • Effectively identify & cross sell value added treasury management solutions to clients.
  • Ensure & uphold operational integrity amongst team by complying with all regulations, policies, and procedures.
Key skills/experience qualifications for the role:
  • Candidates must have at least 3+ years of specific Business Banking Relationship Management sales experience, developing and managing business relationships, 5+ managing relationships/banking experience.
  • Candidates must have an understanding of different treasury management products & services, with the ability to identify TM needs, and offer solutions.
  • Experience in business/commercial credit, financial analysis techniques & lending policy, with ability to independently package and present credit deals to segment leadership & credit team up to $2MM Total Credit Exposure.
  • Proven track record of business development success, commercial loan origination, and Relationship Management skills.
  • Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.
  • Proven relationship management skills with demonstrated capabilities, in managing and growing a sales pipeline, fostering COI relationships & referral sources, and developing new business relationships.
  • Commercial lending experience, with ability to analyze, package and present prospective financing opportunities to senior leadership & credit.
  • Strong knowledge of business banking, bank profitability, commercial lending & treasury management products; possess a general understanding of operations. (Audit, compliance, fraud, loss, risk).
  • Exceptional business development skills & Entrepreneurial business management orientation.
The estimated salary range for this position is $110,000.00 to $170,000.00 USD annually. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.#LI-RK3

Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.


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