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The differences between business relationship managers and senior business managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a business relationship manager, becoming a senior business manager takes usually requires 4-6 years. Additionally, a senior business manager has an average salary of $134,737, 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 senior business manager are analytics, project management, and portfolio.
| Business Relationship Manager | Senior Business Manager | |
| Yearly salary | $87,741 | $134,737 |
| Hourly rate | $42.18 | $64.78 |
| Growth rate | 17% | 6% |
| Number of jobs | 114,003 | 303,902 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
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.
A senior business manager oversees the daily operations in a company, ensuring efficiency and smooth workflow. Typically, their responsibilities revolve around directing and assessing workforce performance, setting company objectives and goals, and coordinating with different departments to be aware of any issues or concerns. It is also essential to devise strategies to find new sales opportunities, perform research and analysis to identify client needs, and promptly resolve any problems that may arise. Furthermore, as a senior business manager, it is essential to lead and encourage the workforce, all while implementing the company's policies and regulations.
Business relationship managers and senior business managers have different pay scales, as shown below.
| Business Relationship Manager | Senior Business Manager | |
| Average salary | $87,741 | $134,737 |
| Salary range | Between $61,000 And $125,000 | Between $96,000 And $187,000 |
| Highest paying City | San Francisco, CA | Hartford, CT |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | AstraZeneca | Airbnb |
| Best paying industry | Technology | Professional |
There are a few differences between a business relationship manager and a senior business manager in terms of educational background:
| Business Relationship Manager | Senior Business Manager | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business relationship managers' and senior business managers' demographics:
| Business Relationship Manager | Senior Business Manager | |
| Average age | 46 | 44 |
| Gender ratio | Male, 64.6% Female, 35.4% | Male, 64.4% Female, 35.6% |
| Race ratio | Black 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 10% |