Is a relationship manager a good job?

Question

Zippia Team · Accepted Answer

Yes, being a relationship manager is a good job. Relationship managers play a critical role in companies serving as the liaison between corporate leadership and the customer base. Although this job does come with its own set of challenges, relationship managers make great money and are in a great position to advance their careers.

The average salary for a relationship manager is $91,000 a year, but some make upwards of $160,000 a year. Not to mention that the job market for relationship managers is expected to continue to grow.

There are many career opportunities available to those working as relationship managers. For example, there are advancement opportunities for relationship managers working at a small branch to advance to branch manager, cluster head (managing branches within a few cities), regional/zonal head, etc.

A relationship manager working in a small to medium enterprise has the opportunity to switch into a possible Corporate Banking Regional Manager role. From here, a relationship manager can advance to the corporate levels and switch into a Treasury position where they buy/sell deals for corporate clients.