Relationship Manager, Banking Salary

Banking Relationship Managers in the United States can expect wages of $76K per year on average. In the world of Banking Relationship Managers, overall income ranges from $48K near the bottom to $130K at the top; this can include more than $30K from bonuses and more than $10K from profit sharing in exceptional cases. Residence and years of experience each impact pay for this group, with the former having the largest influence. The majority of Banking Relationship Managers claim high levels of job satisfaction. The majority of Banking Relationship Managers (69 percent) survey respondents are male. Almost all claim medical and dental insurance and a fair number get vision coverage.

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

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$13.58 - $28.85
(Median)
$14
$22
$29
MEDIAN: $21.00
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
$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
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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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Many Banking Relationship Managers move into Relationship Manager roles. Relationship Managers seem to make a little less than Banking Relationship Managers as their salaries average out to $71K a year.

Relationship Manager, Banking Job Listings

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Popular Skills for Relationship Manager, Banking


Banking Relationship Managers typically list a handful of skills they use on the job. 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. Most people skilled in Customer Relationship Management are similarly competent in Financial Analysis.

Pay by Experience Level for Relationship Manager, Banking

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


Banking Relationship Managers with a lot of experience do not necessarily enjoy more money. Salaries of relatively inexperienced workers fall in the neighborhood of $65K, but folks who have racked up five to 10 years see a notably higher median of $89K. Banking Relationship Managers claiming one to two decades of experience make an estimated median of $96K. Banking Relationship Managers who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.

Related Job Salaries

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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%
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