New Jersey Infrastructure Bank
29 employees ยท Independent public authority
New Jersey Infrastructure Bank is a mid-sized independent public authority with 29 employees on the state payroll.
The most common title is Senior Software Engineer (17% of staff), followed by Accountant and Product Owner. Median pay is $119,716, about 60% above the statewide median. Only about 21% of its employees hold a title that matches a civil service specification. Most positions here use authority-specific, union-negotiated titles instead.
The New Jersey Infrastructure Bank makes low cost loans for public infrastructure. It began as the New Jersey Environmental Infrastructure Trust, financing water and wastewater systems, and it was renamed after its mandate widened to include transportation projects. It works alongside the Department of Environmental Protection and the Department of Transportation, which handle technical review while the bank handles the financing.
New Jersey Infrastructure Bank recorded 29 employees on New Jersey's independent authority payroll as of December 31, 2025. That is 0.1% of the 19,416 people employed across the 16 authorities in this dataset, and the 12th largest headcount of the group. The payroll breaks down as 28 full time, 1 part time.
For an organization of this size the payroll has an unusual shape. Alongside accountants, a comptroller, and program managers, it employs software engineers and a product owner, because it runs the systems that track its loan portfolio and borrower reporting in house rather than buying them.
What New Jersey Infrastructure Bank pays
Half of the employees at New Jersey Infrastructure Bank earn more than $119,716 and half earn less. The middle half of the payroll falls between $92,053 and $125,277, and reported pay runs from $49,858 to $175,464. That median is 59.6% above the $75,005 median across the authority payroll as a whole. No employee on this payroll recorded overtime pay in the reporting year.
| Median salary | $119,716 |
|---|---|
| 25th percentile | $92,053 |
| 75th percentile | $125,277 |
| Lowest reported | $49,858 |
| Highest reported | $175,464 |
| Employees with salary data | 29 |
A small number of part time and hourly records are included, annualized at 1,040 and 2,080 hours a year respectively, so the bottom of the range reflects them rather than a low full time salary. Extreme outliers are trimmed before the percentiles are calculated.
Jobs that exist only at New Jersey Infrastructure Bank
23 of the 29 employees here work under titles the authority defines itself. Sorting those titles by the kind of work they cover says more about how the organization is staffed than the match rate does.
| Job family | Employees | Share of workforce |
|---|---|---|
| Administrative, program and professional staff | 14 | 48.3% |
| Other authority titles | 6 | 20.7% |
| Authority administration | 3 | 10.3% |
| Supervisors and field managers | 2 | 6.9% |
These families are our own grouping of the 14 distinct authority titles the crosswalk records here, covering 25 of those employees. They are not an official classification, and the shares are given against total headcount at New Jersey Infrastructure Bank.
Largest authority-specific titles
- SENIOR SOFTWARE ENGINEER: 5 employees
- ACCOUNTING MANAGER: 4 employees
- DIRECTOR OF HUMAN RESOURCES: 3 employees
- PRODUCT OWNER: 2 employees
- JUNIOR SOFTWARE ENGINEER: 2 employees
- OFFICE MANAGER/EXECUTIVE ASSISTANT: 1 employee
- CHIEF LEGAL AND COMPLIANCE OFFICER: 1 employee
- MARKETING/COMMUNICATIONS ADMINISTRATOR: 1 employee
Civil service titles and authority titles
6 of the 29 people on this payroll (20.7%) hold a job title whose name matches a New Jersey civil service specification. The other 23 work under titles that exist only inside the authority.
That percentage measures title naming and nothing more. A match is title text lining up with a published specification, not Title 11A status; the employer directory answers that question, and data sources explains the crosswalk.
The finance titles here, accountant, comptroller, and chief financial officer, match civil service specifications. The software engineering roles do not, since the state classification plan has no product owner.
Civil service titles in use here
These are the titles at New Jersey Infrastructure Bank that match a published specification. Each links to the specification, where you can read the definition, the requirements, and the salary range the state assigns to it.
- ACCOUNTANT: 2 employees
- PROJECT MANAGER TRANSPORTATION: 1 employee
- ADMINISTRATIVE ASSISTANT 1: 1 employee
- COMPTROLLER: 1 employee
- CHIEF FINANCIAL OFFICER: 1 employee
Frequently asked questions
How many people work at New Jersey Infrastructure Bank?
29 employees appear on the New Jersey Infrastructure Bank payroll as of December 31, 2025, which is 0.1% of the 19,416 employees across New Jersey's independent public authorities. 1 of them are part time.
What does New Jersey Infrastructure Bank pay?
The median salary is $119,716, with the middle half of the payroll between $92,053 and $125,277 and reported pay ranging from $49,858 to $175,464.
Are New Jersey Infrastructure Bank jobs civil service jobs?
20.7% of employees here hold a title that matches a New Jersey civil service specification by name. That compares title text, not Title 11A status: this authority recruits directly rather than through Commission exams and eligible lists.
What are the most common jobs at New Jersey Infrastructure Bank?
The largest authority-specific titles are SENIOR SOFTWARE ENGINEER (5 employees), ACCOUNTING MANAGER (4 employees), DIRECTOR OF HUMAN RESOURCES (3 employees), PRODUCT OWNER (2 employees). Our authority title crosswalk records 14 distinct titles here with no civil service counterpart, which is normal for an independent authority: it writes its own classifications rather than drawing on the state classification plan.
Why do so few New Jersey Infrastructure Bank titles match civil service specifications?
The finance titles here, accountant, comptroller, and chief financial officer, match civil service specifications. The software engineering roles do not, since the state classification plan has no product owner.
About this data
New Jersey YourMoney authority payroll, snapshot dated December 31, 2025. New Jersey Infrastructure Bank is not paid through the centralized state payroll, so these figures are never merged with state agency payroll on this site, and the dataset carries no hire date, so no tenure figures exist. At 29 employees, a single vacancy or new hire moves the median here, so year to year comparisons on a payroll this small are not meaningful. Full method: data sources and methodology.
Compare with statewide workforce analytics, browse the other independent authorities, or look up a civil service job title.