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Working as a Relationship Account Manager

There is more than meets the eye when it comes to being a relationship account manager. For example, did you know that they make an average of $43.06 an hour? That's $89,556 a year!

Between 2018 and 2028, the career is expected to grow 5% and produce 20,600 job opportunities across the U.S.

What Does a Relationship Account Manager Do

There are certain skills that many relationship account managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and customer-service skills.

When it comes to the most important skills required to be a relationship account manager, we found that a lot of resumes listed 11.6% of relationship account managers included account management, while 9.0% of resumes included crm, and 8.0% of resumes included business development. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the relationship account manager job title. But what industry to start with? Most relationship account managers actually find jobs in the finance and technology industries.

How To Become a Relationship Account Manager

If you're interested in becoming a relationship account manager, one of the first things to consider is how much education you need. We've determined that 51.5% of relationship account managers have a bachelor's degree. In terms of higher education levels, we found that 22.6% of relationship account managers have master's degrees. Even though most relationship account managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a relationship account manager. When we researched the most common majors for a relationship account manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on relationship account manager resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a relationship account manager. In fact, many relationship account manager jobs require experience in a role such as account manager. Meanwhile, many relationship account managers also have previous career experience in roles such as account executive or sales representative.

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Average Salary$89,556
Job Growth Rate5%

Relationship Account Manager Career Paths

Top Careers Before Relationship Account Manager

Top Careers After Relationship Account Manager

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Average Salary for a Relationship Account Manager

Relationship Account Managers in America make an average salary of $89,556 per year or $43 per hour. The top 10 percent makes over $139,000 per year, while the bottom 10 percent under $57,000 per year.
Average Salary
$89,556

Best Paying Cities

City
Average Salary
Wilkes-Barre, PA
Salary Range77k - 155k$110k$110,095
New York, NY
Salary Range77k - 155k$110k$109,757
Livonia, MI
Salary Range78k - 152k$109k$108,922
Schaumburg, IL
Salary Range72k - 137k$100k$99,872
Toledo, OH
Salary Range55k - 107k$77k$76,926
$55k
$155k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Relationship Account Manager
Relationship Account Manager
Heartland Payment Systems
Heartland Payment Systems
11/28/2019
11/28/2019
$65,00011/28/2019
$65,000
Relationship Account Manager
Relationship Account Manager
Paragus Strategic It
Paragus Strategic It
09/24/2019
09/24/2019
$47,00009/24/2019
$47,000
Relationship Account Manager
Relationship Account Manager
Autoworks Paintless Dent Repair
Autoworks Paintless Dent Repair
08/31/2019
08/31/2019
$65,00008/31/2019
$65,000
Account Relationship Manager, Corporate & Institutional Banking
Account Relationship Manager, Corporate & Institutional Banking
Standard Chartered Bank
Standard Chartered Bank
01/02/2019
01/02/2019
$142,00001/02/2019
$142,000
Account Relationship Manager
Account Relationship Manager
Standard Chartered Bank
Standard Chartered Bank
03/17/2017
03/17/2017
$125,00003/17/2017
$125,000
See More Recent Salaries

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Relationship Account Manager Demographics

Gender

male

48.6 %

female

44.5 %

unknown

6.9 %

Ethnicity

White

82.7 %

Hispanic or Latino

8.0 %

Asian

4.0 %

Foreign Languages Spoken

Spanish

58.8 %

Portuguese

8.8 %

Italian

8.8 %
See More Demographics

Relationship Account Manager Education

Majors

Business
34.6 %
Finance
7.8 %

Degrees

Bachelors

51.5 %

Masters

22.6 %

Associate

10.3 %

Top Colleges for Relationship Account Managers

1. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

2. University of Wisconsin - Madison

Madison, WI • Public

In-State Tuition
$10,555
Enrollment
30,360

3. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

4. University of Georgia

Athens, GA • Public

In-State Tuition
$11,830
Enrollment
29,474

5. Virginia Polytechnic Institute and State University

Blacksburg, VA • Public

In-State Tuition
$13,620
Enrollment
27,730

6. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

7. Ohio State University

Columbus, OH • Public

In-State Tuition
$10,726
Enrollment
45,769

8. University of Texas at Austin

Austin, TX • Public

In-State Tuition
$10,610
Enrollment
40,329

9. University of Houston

Houston, TX • Public

In-State Tuition
$8,913
Enrollment
37,291

10. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Relationship Account Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.6% of relationship account managers listed account management on their resume, but soft skills such as analytical skills and communication skills are important as well.

Best States For a Relationship Account Manager

1. New York

Total Relationship Account Manager Jobs:
2,693
Highest 10% Earn:
$190,000
Location Quotient:
1.34
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Hampshire

Total Relationship Account Manager Jobs:
211
Highest 10% Earn:
$204,000
Location Quotient:
0.89
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Texas

Total Relationship Account Manager Jobs:
3,297
Highest 10% Earn:
$190,000
Location Quotient:
1.09
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Relationship Account Manager Employers

1. Grainger
4.7
Avg. Salary: 
$111,690
Relationship Account Managers Hired: 
140+
2. First Data
4.9
Avg. Salary: 
$84,246
Relationship Account Managers Hired: 
16+
3. Dell
4.8
Avg. Salary: 
$129,424
Relationship Account Managers Hired: 
13+
4. Bank of America
4.8
Avg. Salary: 
$114,694
Relationship Account Managers Hired: 
11+
5. Heartland Payment Systems
4.6
Avg. Salary: 
$110,754
Relationship Account Managers Hired: 
10+
6. Automatic Data Processing
4.7
Avg. Salary: 
$101,302
Relationship Account Managers Hired: 
9+

Relationship Account Manager Videos

Updated October 2, 2020