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Business relationship manager vs project manager

The differences between business relationship managers and project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a project manager has an average salary of $91,578, which is higher than the $87,741 average annual salary of a business relationship manager.

The top three skills for a business relationship manager include customer service, relationship management and cash management. The most important skills for a project manager are project management, project scope, and customer service.

Business relationship manager vs project manager overview

Business Relationship ManagerProject Manager
Yearly salary$87,741$91,578
Hourly rate$42.18$44.03
Growth rate17%8%
Number of jobs114,003167,116
Job satisfaction-4.17
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 68%
Average age4647
Years of experience8-

What does a business relationship manager do?

A business relationship manager is primarily responsible for improving the relationship between customers and businesses. Typically, it is their responsibility to develop strategies and business plans to strengthen client relationships, address issues and concerns, and perform corrective measures when necessary. There are instances when they have to reach out to clients through calls and correspondence, perform follow-up contacts to offer new services and opportunities, and provide industry advice or consultation. Furthermore, as a manager, it is essential to lead and encourage staff in the joint effort to reach target sales and improve client base.

What does a project manager do?

Project managers oversee a specific project related to the organization's business. They manage the whole project from inception to evaluation. They initiate planning with involved departments, follow-through on the plans, ensure smooth execution of the plans, and evaluate the project for further improvements should these be needed. In line with this, project managers also ensure that the project is cost-efficient and well within the budget. They also manage the different work teams involved in the project and ensure that things are running smoothly on this aspect as well.

Business relationship manager vs project manager salary

Business relationship managers and project managers have different pay scales, as shown below.

Business Relationship ManagerProject Manager
Average salary$87,741$91,578
Salary rangeBetween $61,000 And $125,000Between $64,000 And $129,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyAstraZenecaThe Citadel
Best paying industryTechnologyTechnology

Differences between business relationship manager and project manager education

There are a few differences between a business relationship manager and a project manager in terms of educational background:

Business Relationship ManagerProject Manager
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business relationship manager vs project manager demographics

Here are the differences between business relationship managers' and project managers' demographics:

Business Relationship ManagerProject Manager
Average age4647
Gender ratioMale, 64.6% Female, 35.4%Male, 68.9% Female, 31.1%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.0% American Indian and Alaska Native, 0.7%
LGBT Percentage11%10%

Differences between business relationship manager and project manager duties and responsibilities

Business relationship manager example responsibilities.

  • Manage cross-selling and foster customer loyalty by ensuring value to these services.
  • Originate and structure commercial loans and manage credit risk both before and after loan origination.
  • Prepare and manage annual budget, perform financial reporting, complete tax returns, and manage personnel and payroll functions.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Complete extensive executive training in business banking, with focus on commercial loan origination, deposits and treasury services.
  • Negotiate and procure supplies to maximize return on investment through use of RFP process.
  • Show more

Project manager example responsibilities.

  • Schedule and manage the GCP audit process.
  • Define, develop and manage metrics and KPIs systems for new product business group.
  • Manage the application process for the FDA medical device, minority and small business certifications.
  • Manage multiple projects and resources simultaneously while mentoring, coaching and implementing best practices, SOX and HIPAA compliance standards.
  • Lead teams using the Informatica ETL tool for the design and development of multiple financial and risk enterprise data warehouses.
  • Administer and manage Salesforce requirements.
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Business relationship manager vs project manager skills

Common business relationship manager skills
  • Customer Service, 10%
  • Relationship Management, 7%
  • Cash Management, 6%
  • Risk Management, 6%
  • Business Development, 6%
  • Customer Relationships, 5%
Common project manager skills
  • Project Management, 23%
  • Project Scope, 6%
  • Customer Service, 6%
  • Infrastructure, 5%
  • Status Reports, 4%
  • Risk Management, 3%

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