Private Banking Relationship Manager Salary

Private Banking Relationship Managers in the United States take home approximately $69K annually on average. Work is enjoyable for Private Banking Relationship Managers, who typically claim high levels of job satisfaction. Medical benefits are awarded to most, and a large number earn dental coverage. The data in this summary comes from the PayScale salary survey.
Read More
$44,886 - $104,518
(Median)
$45K
$69K
$100K
MEDIAN: $68,756
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$44,886 - $104,518  
   
Bonus
$1,419 - $29,866  
Profit Sharing
$2,000  
Commission
$5,120  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$49,816 - $126,538  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 67
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Private Banking Relationship Manager

Private banking relationship managers are in charge of managing clients on behalf of their organization, creating and maintaining strong relationships that increase client satisfaction and the sale of products and services. Private banking relationship managers give financial advice by educating customers on financial strategies such as investing and financial planning. These managers also work directly with clients to solve problems, listen to feedback, and respond in a timely manner to any banking concerns.

Read More...

Private Banking Relationship Manager Tasks

  • Identify potential bank clients and develop proposals detailing how the bank can benefit them.
  • Analyze client’s cash, capital, and investment needs.
  • Establish relationships with a bank’s business clients.
  • Monitor the performance of client accounts and suggest ways to improve returns.

Relationship Manager, Banking Job Listings

Search for more jobs:

Pay by Experience Level for Private Banking Relationship Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Private Banking Relationship Managers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Those who have worked for fewer than five years take home a median salary of $62K, and workers with five to 10 years of experience earn a higher $77K on average. Private Banking Relationship Managers bring in $88K after working for 10 to 20 years. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $110K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Private Banking Relationship Manager Salaries

Late-Career
up arrow 39%

Experienced
up arrow 12%

National Average
$79,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

1-4 years
25%
5-9 years
28%
10-19 years
33%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
medical benefits
Vision: 75%
dental benefits
None: 11%
ADVERTISEMENT