Banking Relationship Managers in the United States can expect wages of $80K annually on average. Including potential for bonuses and profit sharing — peaking near $31K and $20K, respectively — total cash payment to Banking Relationship Managers can bottom out near $45K or peak near $135K depending on individual performance. The most influential factor affecting pay for this group is career duration, though geography and the specific company have a (lesser) impact as well. The majority of Banking Relationship Managers (63 percent) who took the survey are men. Medical and dental benefits are awarded to nearly all, and a strong majority earn vision coverage. Most Banking Relationship Managers report high levels of job satisfaction.

$46,085 - $124,491
(Median)
$46K
$80K
$120K
MEDIAN: $79,718
10%
50%
90%

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$15.61 - $27.71
(Median)
$16
$21
$28
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
$46,085 - $124,491  
   
Bonus
$2,886 - $31,051  
Profit Sharing
$251.68 - $19,866  
Commission
$0.00 - $20,702  
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).
)
$44,912 - $135,122  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 129
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
$15.61 - $27.71  
   
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
$2,886 - $31,051  
   
Commission
$0.00 - $20,702  
Profit Sharing
$251.68 - $19,866  
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).
)
$44,912 - $135,122  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 13
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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

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

Common Career Paths for Relationship Manager, Banking


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Banking Relationship Managers often transition into a Relationship Manager position. Relationship Managers report a slightly lower median income of $69K.

Relationship Manager, Banking Job Listings

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Popular Employer Salaries for Relationship Manager, Banking


U.S. Bank leads the field in terms of pay, with a median salary of $83K.

Popular Skills for Relationship Manager, Banking


Survey takers who work as Banking Relationship Managers report a focused set of job skills. Most notably, skills in Financial Analysis, Investment Planning, Customer Relationship Management, and Sales are correlated to pay that is above average. 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.


Respondents with less than five years' experience take home $57K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $88K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $101K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $97K by contrast.

Related Job Salaries

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Experience Affects Relationship Manager, Banking Salaries




National Average
$85,000


Skills That Affect Relationship Manager, Banking Salaries


Investment Planning
up arrow 4%

Customer Relationship Management (CRM)
0%

National Average
$85,000

Sales
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
3%
1-4 years
20%
5-9 years
29%
10-19 years
35%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 92%
medical benefits
Vision: 77%
dental benefits
None: 4%
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