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Development Bank Jobs (NOW HIRING)

FreeBalance

WV

$74K - $74K/yr

Experience working with Multilateral Development Banks (MDBs), including the World Bank, African Development Bank, Asian Development Bank, Inter-American Development Bank, or similar international ...

FreeBalance

Partner Alliances Manager

$84K - $85K/yr

Experience working with Multilateral Development Banks (MDBs), including the World Bank, African Development Bank, Asian Development Bank, Inter-American Development Bank, or similar international ...

Bank Street

Evaluator Psychologist

Manhattan, NY · On-site

$300/wk

At Bank Street's Graduate School of Education, students are trained in a model that combines the study of human development, learning theory, and sustained clinical placement to promote significant ...

Bank Street

Evaluator Psychologist

Manhattan, NY · On-site

$250 - $300/day

At Bank Street's Graduate School of Education, students are trained in a model that combines the study of human development, learning theory, and sustained clinical placement to promote significant ...

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Development Bank information

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$29K

$53.4K

$81K

How much do development bank jobs pay per year?

As of Jul 25, 2026, the average yearly pay for development bank in the United States is $53,418.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $60,000.00 per year, depending on experience, location, and employer.

What is a development bank?

A development bank is a financial institution dedicated to providing medium- and long-term funding for economic development projects. Unlike commercial banks, development banks focus on fostering growth in specific sectors such as infrastructure, agriculture, or industry, often in underserved regions. They play a crucial role in supporting projects that may be considered too risky or unprofitable by private lenders, helping to stimulate economic progress and reduce poverty. Development banks can operate at national, regional, or international levels and often work closely with governments and other organizations.

What is the difference between Development Bank vs Commercial Banker?

AspectDevelopment BankCommercial Banker
CredentialsTypically requires finance, economics, or related degrees; certifications like CFA are commonSimilar educational background; certifications like CFA or CPA are advantageous
Work EnvironmentFocus on project financing, economic development, and long-term investmentsCustomer-focused, retail or corporate banking settings, handling loans and accounts
Employer & IndustryGovernment agencies, international organizations, development finance institutionsBanks, financial institutions, commercial banks

Development Bank and Commercial Banker roles share similar educational backgrounds and certifications but differ mainly in their focus. Development Banks concentrate on funding projects that promote economic growth, often working with government or international bodies. Commercial Bankers primarily serve individual and business clients with banking services. Understanding these differences helps job seekers identify the right career path in finance.

What are some common challenges professionals face when working at a development bank, and how can they prepare for them?

Professionals at development banks often encounter challenges such as balancing financial sustainability with social and economic development objectives, navigating complex regulatory environments, and working on multifaceted projects with diverse stakeholders. Adapting to rapidly changing market conditions and aligning projects with both local needs and global standards are also common hurdles. To prepare, candidates should develop strong analytical skills, remain adaptable, and be comfortable working collaboratively with multidisciplinary teams, often in cross-cultural settings.

What are the key skills and qualifications needed to thrive as a Development Bank professional, and why are they important?

To thrive as a Development Bank professional, you need expertise in finance, economics, project management, and a relevant degree such as finance, economics, or international development. Familiarity with financial modeling tools, risk assessment software, and regulatory compliance systems is typically required, along with certifications like CFA or PMP. Strong analytical thinking, cross-cultural communication, and stakeholder management are crucial soft skills for building partnerships and managing complex projects. These skills and qualities are important to effectively evaluate, fund, and monitor development projects that drive sustainable economic growth.
More about Development Bank jobs
What states have the most Development Bank jobs? States with the most job openings for Development Bank jobs include:
What job categories do people searching Development Bank jobs look for? The top searched job categories for Development Bank jobs are:
Development Bank jobs near you
Infographic showing various Development Bank job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 4% Hybrid, and 3% Remote job distribution, with an average salary of $53,418 per year, or $25.7 per hour.

Senior Sovereign Portfolio Risk Officer (Base in Beijing)

Asian Infrastructure Investment Bank

Manhattan, NY • On-site

Full-time

Posted 7 days ago

Job description

Senior Sovereign Portfolio Risk Officer The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond - infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.
The Senior Sovereign Portfolio Risk Officer will help develop AIIB's position on macro-risk considerations in the Bank's sovereign-backed financing exposures specific to the sovereign ecosystem. The Senior Sovereign Portfolio Risk Officer will participate in and monitor risk discussions across peer multilateral development bank (MDBs), rating agencies and various specialized forums to strengthen the Bank's understanding of various positions of other MDBs, notably with respect to sovereign risk and the Preferred Creditor Status.
Responsibilities:
  • Strengthen the Bank's understanding of the dynamics in development institutions and the various positions taken by major forums.
  • Liaise and interact with external stakeholders; peer MDBs; supra and government organizations; and organizations involved in sovereign debt, including in discussions around restructuring, consultations with firms over sovereign exposure, and benchmarking and standardization of potential risk parameters.
  • Coordinate closely with other risk functions in portfolio risk management and sovereign risk, including for developing narratives around the institutional position of the Bank.

Requirements:
  • Minimum 8-10 years of relevant practical experience in an MDB or development financial institution, with a focus on sovereign and supranational, potentially including on the restructuring of sovereign debt.
  • Master's degree or equivalent in quantitative disciplines such as statistics, mathematics, finance, engineering, physics, economics, or a related field.
  • Good understanding of MDB ecosystem dynamics, including the role of the International Monetary Fund, Club de Paris, G20 Common Framework, Global Sustainable Development Report, and the optimistic concurrency control mechanism.
  • Strong theoretical foundation, and familiarity with risk methodologies.
  • Able to build working relationships across teams and lead cross-functional working groups.
  • Demonstrated experience, judgment, and leadership to execute diverse projects, and able to balance competing demands.
  • Good understanding of the sovereign rating methodologies of credit rating agencies.
  • Team player with the ability to communicate well with others.
  • Strong organizational and critical thinking skills.
  • Effective written and verbal communication skills in English.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.
Join in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.
ALL CURRENT VACANCIES * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.
** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.

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