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.

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.

Learn more about what a Relationship Account Manager does

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 73.4% of relationship account managers have a bachelor's degree. In terms of higher education levels, we found that 9.7% 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.

Learn More About How To Become a Relationship Account Manager
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Relationship Account Manager Career Paths

Average Salary for a Relationship Account Manager

Relationship Account Managers in America make an average salary of $65,213 per year or $31 per hour. The top 10 percent makes over $91,000 per year, while the bottom 10 percent under $46,000 per year.
Average Relationship Account Manager Salary
$65,213 Yearly
$31.35 hourly
$46,000
10 %
$65,000
Median
$91,000
90 %

What Am I Worth?

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How To Become a Relationship Account Manager
How To Become a Relationship Account Manager Career Overview

States With The Most Relationship Account Manager Jobs

Mouse over a state to see the number of active relationship account manager jobs in each state. The darker areas on the map show where relationship account managers earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Relationship Account Manager Jobs By State

RankStateNumber of JobsAverage Salary
1California5,915$79,489
2Texas5,014$62,865
3Florida3,235$52,748
4New York2,845$80,520
5Pennsylvania2,486$59,150
6Illinois2,347$71,217
7Ohio2,236$66,766
8Georgia2,121$54,945
9North Carolina2,052$59,317
10Virginia1,995$75,219
11Washington1,693$66,740
12Massachusetts1,626$67,421
13Minnesota1,517$58,122
14Michigan1,411$74,814
15Arizona1,362$65,677
16New Jersey1,306$68,153
17Maryland1,257$61,874
18Wisconsin1,160$62,355
19Tennessee1,152$61,519
20Missouri1,135$53,950
21Indiana1,088$64,824
22Colorado1,000$51,192
23Oregon948$79,274
24Connecticut744$65,020
25South Carolina719$51,186
26Kentucky604$55,186
27Alabama591$52,969
28Kansas574$56,562
29Louisiana573$51,724
30Utah565$53,554
31Iowa502$57,932
32Arkansas500$59,907
33Nevada477$64,951
34Oklahoma465$49,110
35Nebraska393$55,757
36New Hampshire347$71,080
37Idaho327$62,426
38Mississippi299$52,840
39New Mexico291$62,021
40Montana260$58,334
41Delaware256$69,501
42Rhode Island232$69,775
43Maine228$68,705
44West Virginia204$63,677
45North Dakota200$59,951
46South Dakota164$58,472
47Vermont134$68,115
48Hawaii131$63,020
49Wyoming128$57,321
50Alaska83$63,627

Relationship Account Manager Education

Relationship Account Manager Majors

34.6 %
7.7 %

Relationship Account Manager Degrees

Bachelors

73.4 %

Associate

12.2 %

Masters

9.7 %

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 • Private

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 • Private

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

5. Virginia Polytechnic Institute and State University

Blacksburg, VA • Private

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 • Private

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

8. University of Texas at Austin

Austin, TX • Private

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

9. University of Houston

Houston, TX • Private

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

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

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, 14.1% of relationship account managers listed account management on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Relationship Account Manager Resume templates

Zippia allows you to choose from different easy-to-use Relationship Account Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Relationship Account Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Relationship Account Manager Resume
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Relationship Account Manager Resume
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Relationship Account Manager Resume
Relationship Account Manager Resume

Relationship Account Manager Demographics

Relationship Account Manager Gender Distribution

Male
Male
53%
Female
Female
47%

After extensive research and analysis, Zippia's data science team found that:

  • Among relationship account managers, 47.1% of them are women, while 52.9% are men.

  • The most common race/ethnicity among relationship account managers is White, which makes up 82.7% of all relationship account managers.

  • The most common foreign language among relationship account managers is Spanish at 58.8%.

Work Experience Programs For Relationship Account Managers

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Tax Program

Company: KPMG AU

Cost: Free

Duration: 5-6 hours

Global Private Bank Program

Company: JPMorgan Chase

Cost: Free

Duration: 4.5-6 hours

Wealth Management Program

Company: Goodbody

Cost: Free

Duration: 5-6 hours

Global Consumer Banking Program

Company: Citi APAC

Cost: Free

Duration: 2-3 hours

Markets - Sales & Trading Program

Company: Citi APAC

Cost: Free

Duration: 5-6 hours

Public Health Policy & Management Program

Company: Australasian Society for HIV, Viral Hepatitis and Sexual Health Medicine

Cost: Free

Duration: 5-6 hours

Markets (Sales & Trading) Program

Company: JPMorgan Chase

Cost: Free

Duration: 4-5 hours

Asset Management Program

Company: JPMorgan Chase

Cost: Free

Duration: 5-6.5 hours

Global Finance and Business Management Program

Company: JPMorgan Chase & Co.

Cost: Free

Duration: 4-5 hours

Elevate - Project Management Virtual Experience Programme Program

Company: SAGEA

Cost: Free

Duration: 6-8 hours

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Best States For a Relationship Account Manager

Some places are better than others when it comes to starting a career as a relationship account manager. The best states for people in this position are New York, California, Oregon, and Virginia. Relationship account managers make the most in New York with an average salary of $80,520. Whereas in California and Oregon, they would average $79,489 and $79,274, respectively. While relationship account managers would only make an average of $75,219 in Virginia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Oregon

Total Relationship Account Manager Jobs:
948
Highest 10% Earn:
$112,000
Location Quotient:
1.14

2. New York

Total Relationship Account Manager Jobs:
2,845
Highest 10% Earn:
$118,000
Location Quotient:
1.11

3. Virginia

Total Relationship Account Manager Jobs:
1,995
Highest 10% Earn:
$111,000
Location Quotient:
1.05
Full List Of Best States For Relationship Account Managers

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Top Relationship Account Manager Employers

Most Common Employers For Relationship Account Manager

RankCompanyAverage SalaryHourly RateJob Openings
1Palo Alto Networks$107,136$51.514
2Mouser Electronics$101,173$48.645
3Dell$94,751$45.5513
4JPMorgan Chase & Co.$89,539$43.059
5Dun & Bradstreet$83,405$40.108
6Motorola Solutions$79,921$38.426
7Grainger$77,360$37.19141
8McLeod Software$76,334$36.704
9WageWorks$73,429$35.305
10Kforce$72,141$34.686

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