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What is a relationship banker and how to become one

Updated January 8, 2025
4 min read
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A relationship banker builds and maintains relationships with clients in the banking industry. They provide personalized financial advice, manage accounts, and sell products and services, such as loans, mortgages, and investment options. Relationship bankers also work to identify business opportunities and cross-sell products and services to existing clients. They require communication and customer service skills and an understanding of financial products and regulations. A relationship banker helps clients achieve their financial goals while driving sales.

ScoreRelationship BankerUS Average
Salary
2.9

Avg. Salary $37,091

Avg. Salary $59,228

Stability level
6.9

Growth rate 10%

Growth rate 0.3%

Diversity
6.1
Race

American Indian and Alaska Native 0.21%

Asian 12.23%

Black or African American 5.45%

Hispanic or Latino 11.30%

Unknown 4.12%

White 66.70%

Gender

female 53.42%

male 46.58%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress level
6.9

Stress level is high

7.1 - high

Complexity level
7.0

Complexity level is challenging

7 - challenging

Work life balance
6.6

Work life balance is good

6.4 - fair

What are the pros and cons of being a relationship banker?

Pros

  • Potential for high earnings through commissions and bonuses

  • Opportunity for career growth within the banking industry

  • Chance to work in a professional environment with supportive colleagues

  • Possibility of flexible scheduling or remote work options

  • Access to training and development opportunities to improve skills and knowledge

Cons

  • Long hours, often including weekends and evenings

  • Dealing with difficult or demanding clients can be stressful

  • Potential for burnout due to high stress levels and workload demands

  • Limited work-life balance due to heavy workload and high expectations

  • High competition within the industry for promotions and advancement opportunities

Relationship banker career paths

Key steps to become a relationship banker

  1. Explore relationship banker education requirements

    Most common relationship banker degrees

    Bachelor's

    63.8 %

    Associate

    17.0 %

    High School Diploma

    8.8 %
  2. Start to develop specific relationship banker skills

    SkillsPercentages
    Excellent Interpersonal9.58%
    Financial Services8.59%
    Work Ethic8.03%
    Cash Handling6.99%
    Taking Care6.12%
  3. Complete relevant relationship banker training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New relationship bankers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a relationship banker based on U.S. Bureau of Labor Statistics data and data from real relationship banker resumes.
  4. Research relationship banker duties and responsibilities

    • Attain NMLS number and Texas notary.
    • Perform teller duties, process daily reports, meet and exceed sales referral goals, manage ATM balancing and maintenance.
    • Manage a comprehensive portfolio of diversify securities and real estate holdings.
    • Cultivate new relationships through outside sales calls, effective profiling and telephone solicitation of company provide leads.
  5. Prepare your relationship banker resume

    When your background is strong enough, you can start writing your relationship banker resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a relationship banker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable relationship banker resume templates

    Build a professional relationship banker resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your relationship banker resume.
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  6. Apply for relationship banker jobs

    Now it's time to start searching for a relationship banker job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first relationship banker job

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Average relationship banker salary

The average relationship banker salary in the United States is $37,091 per year or $18 per hour. Relationship banker salaries range between $28,000 and $48,000 per year.

Average relationship banker salary
$37,091 Yearly
$17.83 hourly

What am I worth?

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How do relationship bankers rate their job?

-/5

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Relationship banker reviews

profile
A zippia user wrote a review on Dec 2023
Cons

Constant stress and fear when dealing with big transactions. Customers always complaining and getting paid by the hour

Pros

Talking to other people and never being still. Always on the move handeling money and everyday is something new


profile
A zippia user wrote a review on Dec 2019
Pros

Serving people to meet their financial needs and planning Fininancial analysis of their funds with best utility Feeling motivated while meeting people from different demographic backgrounds


profile
A zippia user wrote a review on Jun 2019
Pros

I enjoy engaging with clients, finding solutions to their financial needs, as well as account opening/personal lending.

Cons

I am not a sales/production driven individual. That aspect of the job- needing to worry about how many accounts I open or getting a certain amount booked in loans does not appeal to me. I enjoy the work, I like being challenged and busy, but I hate being a set of production scores.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.