Relationship Manager, Banking Salary

Banking Relationship Managers in the United States take home an average $76K annually. Total cash compensation to Banking Relationship Managers bottoms out near $48K and approaches $130K on the high end; the biggest paychecks include approximately $30K from bonuses and almost $10K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by career duration. Most people who answered the questionnaire are men; 69 percent of Banking Relationship Managers are male. Medical and dental coverage is claimed by nearly all, and a strong majority earn vision coverage. Most workers in this position report high levels of job satisfaction.

$48,443 - $113,596
(Median)
$48K
$76K
$110K
MEDIAN: $76,035
10%
50%
90%

Add this chart to your site: 640px    300px

$13.58 - $28.85
(Median)
$14
$22
$29
MEDIAN: $21.00
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
$48,443 - $113,596  
   
Bonus
$1,719 - $30,459  
Profit Sharing
$248.32 - $10,213  
Commission
$0.00 - $29,799  
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).
)
$47,919 - $130,337  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 222
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
$13.58 - $28.85  
   
Overtime
$35.15  
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
$1,719 - $30,459  
   
Commission
$0.00 - $29,799  
Profit Sharing
$248.32 - $10,213  
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).
)
$47,919 - $130,337  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 15
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


Many Banking Relationship Managers transition into upper-level roles like Relationship Manager. However, Relationship Managers do report a slightly lower median income of $71K per year.

Relationship Manager, Banking Job Listings

Search for more jobs:

Popular Skills for Relationship Manager, Banking


Survey takers who work as Banking Relationship Managers typically report just a few professional skills. Those familiar with Financial Analysis, Sales and Customer Relationship Management will likely experience a boost in pay, earning between 4 percent to 16 percent above the national average. Those educated in Customer Relationship Management tend to be well versed in Financial Analysis.

Pay by Experience Level for Relationship Manager, Banking

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


Experience and pay tend to be weakly linked for Banking Relationship Managers — those with more experience do not necessarily bring in higher earnings. Workers in their first five years can expect to earn $65K, but people who have been around for five to 10 years earn a noticeably bigger sum of $89K. On average, Banking Relationship Managers make $96K following one to two decades on the job. Folks who have racked up more than 20 years in the field report incomes that aren't higher than less experienced individuals' earnings.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Relationship Manager, Banking Salaries


Late-Career
up arrow 15%


National Average
$83,000


Skills That Affect Relationship Manager, Banking Salaries


up arrow 14%

Customer Relationship Management (CRM)
up arrow 4%

National Average
$83,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 38 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
2%
1-4 years
22%
5-9 years
37%
10-19 years
27%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 91%
medical benefits
Vision: 80%
dental benefits
None: 3%
ADVERTISEMENT