The average pay for a Relationship Manager is AU$82,754 per year. Experience has a moderate effect on income for this job. A skill in Financial Analysis is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this field.

AU$54,087 - AU$120,823
AU$54K
AU$82K
AU$120K
MEDIAN: AU$82,468
10%
50%
90%
AU$23.86 - AU$34.24
AU$27
MEDIAN: AU$26.51
50%
AU$0AU$131K
Salary AU$54,087 - AU$120,823
Bonus AU$2,990 - AU$30,473
Profit Sharing AU$8,139
Commission AU$0.00 - AU$20,608
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).
)
AU$54,338 - AU$131,252
  • Country: Australia
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 413
Hourly Data AU$0AU$35
Hourly Rate AU$26.51
Overtime AU$36.00
Annual Data AU$0AU$131K
Bonus AU$2,990 - AU$30,473
Commission AU$0.00 - AU$20,608
Profit Sharing AU$8,139
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).
)
AU$54,338 - AU$131,252
  • Country: United States
  • Currency: AUD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 9

Job Description for Relationship Manager

Relationship managers, in essence, are members of a company who are assigned to communicating with certain entities outside or inside of the company. There are several types of relationship managers, which mainly differ in terms of who they deal with: Relationship managers can communicate with other businesses, clients, customers, vendors, communities, etc. Relationship managers' main job duty is to make sure that adequate communication is maintained with these entities. Relationship managers who deal with clients and customers can explain what the company does, what ethics the company is bound by, and why the client should choose this company over any competitors. Relationship managers will typically work within a company in customer service or often as part of a sales department. They are able to explain customers' and clients' needs and what steps should be taken in order to fulfill those needs, as well as any legal boundaries that exist between the company and outside entities such as contractual obligations and legal restrictions. As such, relationship managers are tasked with keeping up with communications involving the company and its clients, vendors, etc. as a whole, or can focus on one or several specific clients or vendors. Ultimately, they work to ensure that client relationships are as fluid and harmonious as possible while adhering to their company's guidelines and standards. (Copyright 2018 PayScale.com)


Relationship Manager Tasks

  • Cultivate new clients through referrals and calling efforts to achieve individual and team revenue goals.
  • Develop effective ways to promote brand awareness that lead to measurable business results.
  • Ensure continuity of high quality service, product delivery, and responsiveness to client needs.

Relationship Manager Pay By Employer

$0$143K

$45,545

$56,820

$66,865

U.S. Bank
26 profiles
$75,068

$74,159

Citibank
17 profiles
$95,000

$45,696

Wells Fargo Bank
14 profiles
$97,787

$102,332

M&T Bank Corp
12 profiles
$62,571

Relationship Manager Job Listings

Popular Skills for Relationship Manager

Pay by Experience Level for Relationship Manager

Pay by Experience for a Relationship Manager has a positive trend. An entry-level Relationship Manager with less than 5 years of experience can expect to earn an average total compensation of AU$79,000 based on 107 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Relationship Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$87,000 based on 96 salaries. An experienced Relationship Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$102,000 based on 100 salaries. A Relationship Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$127,000 based on 30 salaries.

Pay Difference by Location

National Average: AU$86,275

Larger city markers indicate a job is popular in that location.

Relationship Manager Reviews

Q: What is it like working as a Relationship Manager?

Relationship Manager in Adelaide:
"I foster and manage the relationship of mortgage brokers."
Pros: Able to speak with a variety of people, and assist clients with the purchases of their new homes.
Cons: Colleagues are difficult and the systems are inefficient.

Relationship Manager in Sydney:
"Very busy but rewarding."
Pros: Talking to people.
Cons: The pay and very busy.

Relationship Manager in Brisbane:
"Fun."
Pros: Great environment and working terms.
Cons: Suppliers who cannot be helped and require off-boarding.

Related Job Salaries

Key Stats for Relationship Manager

Gender

Female
49 %
Male
51 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
4%
1-4 years
34%
5-9 years
35%
10-19 years
21%
20 years or more
7%

Experience Affects Relationship Manager Salaries

▲47%

▲18%

▲1%

National Average
AU$86,000

▼9%

Skills That Affect Relationship Manager Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
4%
1-4 years
34%
5-9 years
35%
10-19 years
21%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 12%
dental benefits
Dental: 5%
vision benefits
Vision: 6%
no benefits
None: 86%