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Community Development Banking Jobs in Connecticut

Berkshire Bank

Personal Banking Rep

Hartford, CT · On-site

$20 - $28.90/hr

... development, including prospecting and community involvement. • Support bank-wide initiatives and contribute to the overall success of the bank. Branch Operations & Compliance • Ensure proper ...

Webster Bank

Director Banking Center Manager

Old Lyme, CT · On-site

$70K - $115K/yr

... 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 ...

Northwest Community Bank

UNIVERSAL BANKER 1

Watertown, CT · On-site

$17.50 - $21.75/hr

Continuously strive to improve personal development through policy, product, and banking knowledge ... Participate in community events and professional relationships for the benefit of the bank.

Northwest Community Bank

UNIVERSAL BANKER 1

Avon, CT · On-site

$17.75 - $22.25/hr

Continuously strive to improve personal development through policy, product, and banking knowledge ... Participate in community events and professional relationships for the benefit of the bank.

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Showing results 1-20

All JobsCommunity Development Banking JobsCommunity Development Banking Jobs in Connecticut

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 Aug 24, 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 is community development banking?

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 does a community development banking professional do?

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 are the key skills and qualifications needed for community development banking?

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 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:

Community Development Banking jobs near you
Infographic showing various Community Development Banking job openings in Connecticut as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 13% Part Time, 2% Temporary, and 4% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $72,462 per year, or $34.8 per hour.

Commercial Loan Underwriter

Robert Half

Hartford, CT • On-site

Full-time

Posted 24 days ago

Job description

Commercial Loan Underwriter

Hartford, CT

Contact: Brittany Rizzo / Brittany.Rizzo@roberthalf.c0m

Reference ID: BR0013480307


Position Summary

The Commercial Loan Underwriter is responsible for evaluating, analyzing, and underwriting commercial loan requests that support the mission of the Community Development Financial Institution (CDFI). This role balances sound credit practices with the organization's commitment to expanding access to capital for underserved businesses, nonprofit organizations, and communities. The Underwriter works closely with Loan Officers, Credit Administration, and Executive Management to ensure loan recommendations align with both prudent lending standards and the CDFI's impact objectives.

The ideal candidate has commercial credit underwriting experience gained through a bank, credit union, CDFI, or other financial services organization and possesses strong analytical, financial, and communication skills.


Essential Duties and Responsibilities

  • Analyze commercial loan applications, including business, commercial real estate, nonprofit, and small business lending opportunities.
  • Review financial statements, tax returns, cash flow projections, collateral, business plans, and supporting documentation to assess creditworthiness.
  • Prepare comprehensive credit memorandums that include financial analysis, risk assessment, repayment capacity, collateral evaluation, and loan recommendations.
  • Calculate and interpret key financial ratios, debt service coverage, global cash flow, leverage, liquidity, and other credit metrics.
  • Assess borrower management experience, industry conditions, and market risks.
  • Structure loan terms, covenants, collateral requirements, and pricing consistent with organizational lending policies.
  • Present loan recommendations to management and Loan Committee.
  • Ensure compliance with internal credit policies, regulatory requirements, and CDFI program guidelines.
  • Work collaboratively with Loan Officers to identify strengths, weaknesses, and mitigating factors within loan requests.
  • Assist with annual loan reviews, portfolio monitoring, risk rating updates, and covenant compliance.
  • Support the development and refinement of underwriting policies and procedures.
  • Maintain accurate documentation within the loan origination and servicing systems.
  • Participate in credit discussions and portfolio management activities to help maintain a high-quality loan portfolio.
  • Stay current on commercial lending trends, regulatory changes, and community development financing programs.


Required

  • Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field; equivalent professional experience may be considered.
  • 3-5+ years of commercial credit underwriting experience within a bank, credit union, CDFI, or other financial services institution.
  • Strong understanding of commercial lending principles, financial statement analysis, cash flow analysis, and credit risk assessment.
  • Experience underwriting commercial loans, including owner-occupied and investment commercial real estate, working capital, equipment financing, and/or small business loans.
  • Ability to interpret business and personal financial statements and tax returns.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong written communication skills with experience preparing professional credit memorandums.
  • Proficiency in Microsoft Excel, Word, and loan origination or credit analysis software.

Preferred

  • Experience working for a Community Development Financial Institution (CDFI), mission-driven lender, SBA lender, or community bank.


Robert Half logo

About Robert Half

Sourced by ZipRecruiter

Founded in 1948, Robert Half pioneered the idea of professional talent solutions to connect opportunities at great companies with highly skilled job seekers. As business needs changed, we evolved to offer specialized talent solutions for finance and accounting, technology, administrative and customer support, creative and marketing, and legal fields. In 2002, we introduced our subsidiary, Protiviti, a global independent risk consulting and internal audit service, to support companies as they faced more strategic business challenges.

Industry

Recruiting and staffing services

Company size

10,000+ Employees

Headquarters location

San Ramon, CA, US

Year founded

1948

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