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Salary and Benefits

Business Banking Relationship Manager
$98K-$120K / yr. (est.)
$98K
$109,117 / year
$120K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Business Banking Relationship Manager

What does a Business Banking Relationship Manager do?

As business banking relationship managers, we are account managers with a business banking portfolio. We usually work for financial organizations offering corporate banking services. Our job is to create and maintain good business relationships and client satisfaction. Acting as a point of contact between the client and the organization, we make sure that clients’ expectations are understood and met. We perform daily administrative tasks, monitor renewals, assist with requests, and more. Apart from the traditional sales/account management skill set, a financial background is usually required in this role.

Core tasks:

  • maintaining positive relationships with clients
  • handling client issues and needs, working with internal teams
  • generating new business and sales using network
  • creating reports on account status and transactions
  • setting and tracking account sales targets
  • mentoring and supervising account representatives

Insights

How Many Years of Experience Do Professionals Need Before Becoming Business Banking Relationship Manager?
On average, people work 7+ years in other positions prior to becoming a Business Banking Relationship Manager.
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Bank TellerHouston, TX - A year ago
Well, well, well, looks like I'll be stuck counting bills and dealing with cranky customers for a looong time before I can move up the ladder. 🙄
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AccountantAtlanta, GA - A year ago
😤 Ugh! I've been crunching numbers for years already, and now you're telling me I have to do even more of it before I can become a Relationship Manager? This ain't right!
How Long Do Business Banking Relationship Manager Employees Typically Stay in Their Roles?
On average, Business Banking Relationship Managers works in this position for 3-5 years across multiple employers.
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Bank TellerHouston, TX - A year ago
👏 Wow, so they only stick around for a few years? No wonder why we're always getting new Business Banking Relationship Managers at our branch. It can be disruptive for us tellers to constantly adapt to new faces!
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AccountantPhiladelphia, PA - A year ago
Hmm, as an accountant, I wonder if this constant turnover affects the overall client satisfaction and the bank's ability to effectively serve their business customers. It's worth investigating further.
What Is the Job Hopper Score for Business Banking Relationship Manager Employees?
Moderate job changes in Business Banking Relationship Manager, showing some career movement without excessive turnover.
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Customer Service RepresentativeHouston, TX - A year ago
This infographic captures the reality for many customer service representatives looking for stability and gradual career progression.
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Private BankerMiami, FL - A year ago
💔 Why would someone choose to stay in the same industry and limit their earning potential when they could pursue more lucrative opportunities?

Career path

Path to job

Discover a Business Banking Relationship Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Business Banking Relationship Manager typically studied at.
Arizona State University-Tempe
Florida International University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Business Banking Relationship Manager Employees?
Gender ratio in Business Banking Relationship Manager position: 0.656091748585046 Male and 0.343908251414954 Female. Age ratio in Business Banking Relationship Manager position: 16-20: 4%, 21-30: 51%, 31-40: 31%, 41-50: 11%, 51-60: 3%, 60+: 0%. Business Banking Relationship Manager position is predominantly male (65.6%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Business Banking Relationship ManagerSeattle, WA - A year ago
Hey, it's refreshing to see a job where the majority isn't filled with older folks. More opportunities for us fresh graduates, right? 🎓
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Business Banking Relationship ManagerBoston, MA - A year ago
As a male who has been in this field for over 15 years, I can see why there's a lack of diversity. Both men and women should be encouraged to pursue this career and break the stereotypes! 💼

Workplaces

Who Are the Top Employers for Business Banking Relationship Manager?
Top employers of Business Banking Relationship Manager position: Bank of America, Citizens Bank, JPMorgan Chase & Co.. People who work in Business Banking Relationship Manager position most typically go on to work for the Bank of America.
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Business Banking Relationship ManagerChicago, IL - A year ago
JPMorgan Chase & Co. has a better reputation and more prestigious clients than both Bank of America and Citizens Bank combined.
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Business Banking Relationship ManagerHouston, TX - A year ago
Don't listen to Chicago! Bank of America offers the best training and development programs for Business Banking Relationship Managers. Go with them!
Bank of America
Citizens Bank
JPMorgan Chase & Co.
What Industries Does Business Banking Relationship Manager Typically Have Experience In?
Industry Background: The most typical industries of Business Banking Relationship Manager: Finance & Insurance, Professional / Scientific / Technical, Publishing & Broadcasting, Information Technology, Administrative & Support. Business Banking Relationship Manager employees most likely come from a Finance & Insurance industry background.
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Business Banking Relationship ManagerHouston, TX - A year ago
🤑 Come on, people! This role is a golden opportunity to build professional connections in multiple industries and have a stable, well-paying career! Don't underestimate it!
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Business Banking Relationship ManagerMiami, FL - A year ago
i think dis job is a scam srsly why help businesses when u can be ur own boss and make real money way faster!? 🤷

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Discussion about Business Banking Relationship Manager

Want to know more about Business Banking Relationship Manager position?
Share your thoughts and ideas about Business Banking Relationship Manager position with others in our community.
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How is the gender diversity among people working as a Business Banking Relationship Manager?
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Isabella Holmes4 years ago
35% are women in this profession only.
How old are people who work as a Business Banking Relationship Manager?
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Benjamin Gardner4 years ago
People working as a Business Banking Relationship Manager are 31 old on average.
How much experience is typically required to work as a Business Banking Relationship Manager?
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Sophie Hayes4 years ago
On average, people have 7 years of experience when they start working as a Business Banking Relationship Manager
What industries does a Business Banking Relationship Manager typically work in?
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Benjamin Gardner4 years ago
Finance & Insurance is typical for a Business Banking Relationship Manager to work in.
Is a higher education needed as a Business Banking Relationship Manager?
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Isabella Holmes4 years ago
A Bachelor of Science degree could not hurt if you want to be a Business Banking Relationship Manager
Which company is likely to have openings for Business Banking Relationship Manager positions?
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Benjamin Gardner4 years ago
Bank of America, Citizens Bank, JPMorgan Chase & Co., PNC and Wells Fargo employs the most people in the Business Banking Relationship Manager role.
How many years of experience as a Business Banking Relationship Manager is needed in average to switch to another position?
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Liam Brown4 years ago
4 years is the typical lifespan for a Business Banking Relationship Manager.
How common is it for a Business Banking Relationship Manager to jump from company to company?
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Sophie Hayes4 years ago
The job hopper score is medium for a Business Banking Relationship Manager.
From which job titles people come from to work as a Business Banking Relationship Manager?
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Sophie Hayes4 years ago
Most people come from Branch Manager, Vice President or Relationship Manager roles
If I’m working as a Business Banking Relationship Manager, what next position could I have?
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Liam Brown4 years ago
Working as Business Banking Relationship Manager consider Vice President, Relationship Manager or Branch Manager as a next step in your career.
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