The average salary for a Mid-Career Relationship Manager in Mumbai, Maharashtra is Rs 564,277 per year. Skills that are associated with high pay for this job are Financial Analysis, Banking, Sales, and Customer Relationship Management (CRM).

Rs 294,911 - Rs 1,163,496
Rs 290K
Rs 600K
Rs 1M
MEDIAN: Rs 595,915
10%
50%
90%
Rs 0Rs 1M
Salary Rs 294,911 - Rs 1,163,496
Bonus Rs 15,205 - Rs 205,295
Profit Sharing Rs 70,000
Commission Rs 203,473
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).
)
Rs 302,949 - Rs 1,191,943
  • Country: India
  • Currency: INR
  • Updated: 6 Jan 2018
  • Individuals Reporting: 101

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 Job Listings

Key Stats for Relationship Manager

Gender

Female
28 %
Male
72 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
5-9 years
89%
10-19 years
11%

Skills That Affect Relationship Manager Salaries

Financial Analysis
▲81%

Banking
▲35%

Sales
▲15%

Customer Relationship Management (CRM)
▲11%

National Average
Rs 650,000

Financial Advisor
▼34%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
28 %
Male
72 %

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 6%
vision benefits
Vision: 4%
no benefits
None: 19%