A relationship account manager works in financial service organizations to develop and maintain relationships with clients. They are responsible for meeting all financial goals as determined by their clients. To do this, they conduct regular meetings with clients and ensure that the organization's products or services meet their expectations.
The typical workweek of a relationship account manager revolves around meeting with clients, conducting research, updating client information, communicating with relevant teams, and generating and compiling reports. In terms of work environment, a relationship account manager usually works a typical forty-hour-week schedule and mainly operates from the organization's office. However, the job frequently entails travelling to meet with clients and attend other business events.
A candidate must possess at least an undergraduate degree in finance, business, economics, or other related fields to qualify for this role. However, some employers may require an MBA or some other form of post-graduate education. Furthermore, a candidate must have at least two to three years or more of relevant work experience.
A relationship account manager makes an average of $89,000 per year, depending on their level of experience, expertise, and education.