The majority of Banking Relationship Managers in the United States — roughly one-half — boast more than 10 years of experience in their profession. Salaries stretch from $45K to $140K per year, and the median is $80K per year. With bonuses occasionally running north of $31K, profit sharing proceeds sometimes surpassing $16K, and a few commissions as high as $21K, total income for Banking Relationship Managers can range between $45K and $140K according to individual performance. The most influential factor affecting pay for this group is geography, though career length and the particular employer have a (lesser) impact as well. The majority of workers are highly satisfied with their job. Almost all claim medical and dental insurance and a fair number get vision coverage. This overview is based on answers to PayScale's salary questionnaire.

$46,207 - $129,125
$46K
$80K
$130K
MEDIAN: $79,911
10%
50%
90%

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$15.65 - $27.63
$16
$21
$28
MEDIAN: $20.95
10%
50%
90%

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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.
)
$0$50K$100K$150K
Salary
$46,207 - $129,125  
   
Bonus
$2,750 - $31,105  
Profit Sharing
$-0.50 - $16,274  
Commission
$0.00 - $20,653  
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).
)
$45,496 - $140,140  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 140
National Hourly Rate 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$25$50$75
Hourly Rate
$15.65 - $27.63  
   
Overtime
$30.00  
National Annualized 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
Bonus
$2,750 - $31,105  
   
Commission
$0.00 - $20,653  
Profit Sharing
$-0.50 - $16,274  
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).
)
$45,496 - $140,140  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 14

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United States (change)

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Job Description for Relationship Manager, Banking

A banking relationship manager is an important liaison between customers and their institution. They must establish new client relationships and maintain existing relationships. Daily responsibilities for the banking relationship manager are as diverse as the customers being served. They typically handle customer issues with accounts, investment offerings, and loans; these issues require the manager be knowledgeable of their bank's products and services, as well as those offered by competitors. The banking relationship manager also performs a number of managerial responsibilities. They must accurately portray customer relations to their supervisors, research customer trends, and report these findings to the bank president or general manager.

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Relationship Manager, Banking 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.

Common Career Paths for Relationship Manager, Banking


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Banking Relationship Managers who take on a higher-level position such as Relationship Manager may get paid a little bit less in that new role, as Relationship Managers on average bring home $69K.

Relationship Manager, Banking Job Listings

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Popular Employer Salaries for Relationship Manager, Banking


U.S. Bank offers the largest salaries in town — $83K on average.

Popular Skills for Relationship Manager, Banking


Job skills reported by Banking Relationship Managers are limited. Most notably, skills in Financial Analysis, Investment Planning, Customer Relationship Management, and Sales are correlated to pay that is above average, with boosts between 4 percent and 20 percent. Skills that seem to negatively impact pay include Sales. Most people familiar with Customer Relationship Management also know Financial Analysis.

Pay by Experience Level for Relationship Manager, Banking

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


Relatively untried employees who have less than five years' experience make $62K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $86K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $102K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Banking Relationship Managers report making only $100K on average.

Related Job Salaries

Key Stats for Relationship Manager, Banking

Gender

Female
41 %
Male
59 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.
035
Less than 1 year
3%
1-4 years
19%
5-9 years
28%
10-19 years
35%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Relationship Manager, Banking Salaries




National Average
$85,000


Skills That Affect Relationship Manager, Banking Salaries



Investment Planning
up arrow 4%

National Average
$85,000

up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
3%
1-4 years
19%
5-9 years
28%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 91%
vision benefits
Vision: 77%
dental benefits
None: 4%
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