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Development Bank Jobs in California (NOW HIRING)

Bank of Montreal

Bank Manager

Thousand Oaks, CA · On-site

Retail Banking Sales & Service Guides, directs, and coaches employees to deliver exceptional ... Attracts, retains, and enables the career development of top talent. * Improves team performance ...

BMO Capital Markets

Bank Manager

Thousand Oaks, CA · On-site

Retail Banking Sales & Service Guides, directs, and coaches employees to deliver exceptional ... Attracts, retains, and enables the career development of top talent. * Improves team performance ...

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Development Bank information

See California salary details

$28.6K

$52.7K

$79.9K

How much do development bank jobs pay per year?

As of Jun 11, 2026, the average yearly pay for development bank in California is $52,718.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,900.00 and $59,200.00 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.

Which bank job is high salary?

In a development bank, senior roles such as Chief Financial Officer, Director, or Vice President typically have the highest salaries. These positions require extensive experience, advanced degrees, and strong leadership skills, and they often include additional benefits and bonuses based on performance.

What is the role of BDA in a bank?

A Business Development Associate (BDA) in a bank is responsible for identifying new business opportunities, building client relationships, and promoting banking products and services. They often analyze market trends and use sales skills to expand the bank's customer base and revenue. Strong communication, sales abilities, and knowledge of banking products are essential for this role.

What's the highest paying job in a bank?

In a bank, the highest paying roles are typically executive positions such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), or Chief Risk Officer (CRO). These roles require extensive experience, leadership skills, and often advanced degrees or certifications, and they oversee strategic decision-making and overall operations.

What skills are needed for adb jobs?

Development Bank jobs typically require strong financial analysis, project management, and communication skills. Knowledge of banking operations, economic development, and proficiency in relevant software like Excel or financial modeling tools are also important. Additionally, relevant degrees in finance, economics, or business are often required or preferred.
What are popular job titles related to Development Bank jobs in California? For Development Bank jobs in California, the most frequently searched job titles are:
What job categories do people searching Development Bank jobs in California look for? The top searched job categories for Development Bank jobs in California are:
Development Bank jobs near you
Community Development Banker - Commercial Banking - Vice President

Community Development Banker - Commercial Banking - Vice President

JPMorgan Chase & Co.

Los Angeles, CA • On-site

$133K - $235K/yr

Full-time

Medical, Retirement

Posted 25 days ago

JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 468 frontline employees who took The Breakroom Quiz

46th of 141 rated banks

Job description

Job Description
You are customer focused, enjoy building relationships and providing financial advice to your clients. A role as a Community Development Banker is for you.
As a Community Development Banker within Commercial Real Estate, you will be an integral part of the team that is proud to support 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. Through 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.
Job Responsibilities:
  • Identify and proactively pursue appropriate debt and deposit opportunities
  • Appropriately assess transactional risk via thorough knowledge of sponsor, financial, legal, construction management and market issues
  • Represent the Bank in negotiation of acceptable credit terms and structure for complicated transactions
  • Work with a dedicated underwriting team to insure the timely completion of due diligence and preparation of comprehensive credit approval packages
  • Work with closing staff and legal counsel to insure that the documentation for each transaction is accurate, appropriate, and consistent with the terms of credit approval
  • Communicate with the loan administration unit to maintain awareness of construction progress, appropriateness of draw requests, adequacy of debt and equity sources, time delays, cost overruns, usage of contingency funds and compliance with legal documents
  • Surface issues as they arise with the client to ensure good customer service and adequate protection of the bank
  • Represent the Bank professionally at industry-related conferences and other such events

Required qualifications, capabilities, and skills:
  • Five plus years' experience in the affordable housing industry
  • Five plus years' experience structuring, underwriting, closing, and administering commercial real estate construction loans for affordable multifamily housing
  • Demonstrated success serving clients in the affordable housing industry
  • Understanding and knowledge of standard bank credit policies and loan administration procedures
  • Ability to work independently and with minimal supervision and direction
  • Ability to interact favorably in person and on the telephone with prospects, clients, consultants, government agency staff, legal counsel, and team members
  • Ability to collaborate with the team and adjust priorities to achieve team, as well as individual, goals
  • Excellent written and verbal communication skills
  • Strong analytical and PC skills; proficient in MS Word, Excel, and PowerPoint
  • Valid driver's license for periodic overnight domestic travel
  • Bachelor's degree required
  • MBA degree and formal credit training preferred
  • Strong familiarity with the market

Preferred qualifications, capabilities, and skills:
• MBA degree and formal credit training preferred
• Strong familiarity with the market
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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