Private Banking Relationship Manager Salary

Pay for Private Banking Relationship Managers in the United States sits in the ballpark of $68K per year. The majority of Private Banking Relationship Managers (69 percent) survey respondents are male. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. The majority of workers are highly satisfied with their job. This report is based on responses to the PayScale salary survey.
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$43,788 - $101,914

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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.
$43,788 - $101,914  
$1,216 - $29,087  
Profit Sharing
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).
$45,299 - $119,786  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 69
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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.


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.

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Pay by Experience Level for Private Banking Relationship Manager

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

Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Relatively untried employees who have less than five years' experience make $59K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $78K. On average, Private Banking Relationship Managers make $87K following one to two decades on the job. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $95K.

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Experience Affects Private Banking Relationship Manager Salaries

up arrow 22%

up arrow 12%


National Average

up arrow 24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.


31 %
69 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 80%
vision benefits Vision: 73% employee benefits None: 12%