The average salary for a Relationship Manager, Banking with Sales skills is $79,988.
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$46k - $137k
$3k - $41k
$1k - $5k
$2k - $20k
$47k - $160k
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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. …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.
Popular Employer Salaries for Relationship Manager, Banking
The top respondents for the job title Relationship Manager, Banking are from the companies Bank of America Corp. (BOFA), KeyBank and HSBC. Reported salaries are highest at HSBC where the average pay is $126,500. Other companies that offer high salaries for this role include Wells Fargo Bank and M&T Bank Corp, earning around $100,000 and $86,500, respectively. Bank of America Corp. (BOFA) pays the lowest at around $48,000. The PNC Financial Services Group, Inc. and KeyBank also pay on the lower end of the scale, paying $48,679 and $57,749, respectively.
Explore the most common career paths for Relationship Manager, Banking. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Relationship Manager, Banking
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Relationship Manager, Banking Job Listings
Popular Skills for Relationship Manager, Banking
Skills in Financial Analysis, Banking, Portfolio Management and Loan Underwriting are correlated to pay that is above average. Skills that pay less than market rate include Customer Relationship Management (CRM).
Pay by Experience Level for Relationship Manager, Banking
An early career Relationship Manager, Banking with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $57,734 based on 23 salaries. A mid-career Relationship Manager, Banking with 5-9 years of experience earns an average total compensation of $76,895 based on 31 salaries. An experienced Relationship Manager, Banking with 10-19 years of experience earns an average total compensation of $91,599 based on 48 salaries. In their late career (20 years and higher), employees earn an average total compensation of $101,736.
Pay Difference by Location
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Years of Experience
This data is based on 121 survey responses.