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Working as a Relationship Banker

There is more than meets the eye when it comes to being a relationship banker. For example, did you know that they make an average of $19.6 an hour? That's $40,767 a year!

Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.

What Does a Relationship Banker Do

There are certain skills that many relationship bankers 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 customer-service skills, initiative and analytical skills.

When it comes to the most important skills required to be a relationship banker, we found that a lot of resumes listed 12.5% of relationship bankers included financial services, while 7.5% of resumes included new clients, and 7.1% of resumes included business partners. 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 banker job title. But what industry to start with? Most relationship bankers actually find jobs in the finance and professional industries.

How To Become a Relationship Banker

If you're interested in becoming a relationship banker, one of the first things to consider is how much education you need. We've determined that 52.9% of relationship bankers have a bachelor's degree. In terms of higher education levels, we found that 12.0% of relationship bankers have master's degrees. Even though most relationship bankers 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 banker. When we researched the most common majors for a relationship banker, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on relationship banker resumes include associate degree degrees or master's degree degrees.

You may find that experience in other jobs will help you become a relationship banker. In fact, many relationship banker jobs require experience in a role such as teller. Meanwhile, many relationship bankers also have previous career experience in roles such as personal banker or customer service representative.

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Average Salary$40,767
Job Growth Rate4%

Relationship Banker Career Paths

Top Careers Before Relationship Banker

Teller
15.4 %

Top Careers After Relationship Banker

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Relationship Banker

Relationship Bankers in America make an average salary of $40,767 per year or $20 per hour. The top 10 percent makes over $86,000 per year, while the bottom 10 percent under $19,000 per year.
Average Salary
$40,767

Best Paying Cities

City
Average Salary
New York, NY
Salary Range42k - 104k$67k$66,791
Chicago, IL
Salary Range33k - 57k$44k$44,211
Middletown, CT
Salary Range27k - 69k$44k$43,822
Orlando, FL
Salary Range25k - 53k$37k$37,181
Eden Prairie, MN
Salary Range30k - 44k$37k$36,812
Boston, MA
Salary Range22k - 54k$35k$35,017
$20k
$104k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Relationship Banker-Northeast Denver
Relationship Banker-Northeast Denver
Jpmorgan Chase Bank, N.A.
Jpmorgan Chase Bank, N.A.
01/28/2021
01/28/2021
$33,39201/28/2021
$33,392
Financial Center Relationship Banker
Financial Center Relationship Banker
Independent Bank Group, Inc.
Independent Bank Group, Inc.
01/27/2021
01/27/2021
$39,34001/27/2021
$39,340
Relationship Banker-Iliff & Chambers
Relationship Banker-Iliff & Chambers
Jpmorgan Chase & Co.
Jpmorgan Chase & Co.
01/22/2021
01/22/2021
$33,39201/22/2021
$33,392
Relationship Banker-Northeast Denver
Relationship Banker-Northeast Denver
Jpmorgan Chase
Jpmorgan Chase
01/15/2021
01/15/2021
$33,39201/15/2021
$33,392
Relationship Banker-Federal and Evans Financial Center
Relationship Banker-Federal and Evans Financial Center
Bank of America
Bank of America
01/05/2021
01/05/2021
$41,74001/05/2021
$41,740
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Relationship Banker Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Relationship Banker. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Relationship Banker Resume

At Zippia, we went through countless Relationship Banker resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Relationship Banker Demographics

Gender

female

51.9 %

male

44.2 %

unknown

3.9 %

Ethnicity

White

70.1 %

Asian

11.2 %

Hispanic or Latino

11.2 %

Foreign Languages Spoken

Spanish

60.2 %

French

6.0 %

Arabic

5.2 %
See More Demographics

Relationship Banker Education

Majors

Business
38.4 %
Finance
14.6 %

Degrees

Bachelors

52.9 %

High School Diploma

14.8 %

Associate

13.5 %

Top Colleges for Relationship Bankers

1. University of Pennsylvania

Philadelphia, PA • Private

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

2. Northwestern University

Evanston, IL • Private

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

3. University of Southern California

Los Angeles, CA • Private

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

4. SUNY at Binghamton

Vestal, NY • Public

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

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Public

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Relationship Banker

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, 12.5% of relationship bankers listed financial services on their resume, but soft skills such as customer-service skills and initiative are important as well.

Best States For a Relationship Banker

Some places are better than others when it comes to starting a career as a relationship banker. The best states for people in this position are New York, Maryland, Connecticut, and Illinois. Relationship bankers make the most in New York with an average salary of $65,976. Whereas in Maryland and Connecticut, they would average $46,271 and $44,448, respectively. While relationship bankers would only make an average of $44,099 in Illinois, 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. Connecticut

Total Relationship Banker Jobs:
112
Highest 10% Earn:
$100,000
Location Quotient:
1.48
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 York

Total Relationship Banker Jobs:
279
Highest 10% Earn:
$140,000
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. Delaware

Total Relationship Banker Jobs:
24
Highest 10% Earn:
$87,000
Location Quotient:
1.23
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 Banker Employers

1. JPMorgan Chase
4.9
Avg. Salary: 
$46,659
Relationship Bankers Hired: 
1,441+
2. Capital One
4.7
Avg. Salary: 
$46,670
Relationship Bankers Hired: 
954+
3. Bank of America
4.8
Avg. Salary: 
$46,667
Relationship Bankers Hired: 
725+
4. M&T Bank
4.7
Avg. Salary: 
$46,690
Relationship Bankers Hired: 
631+
5. TCF Bank
4.8
Avg. Salary: 
$35,652
Relationship Bankers Hired: 
449+
6. BB&T
4.7
Avg. Salary: 
$46,699
Relationship Bankers Hired: 
433+

Relationship Banker Videos

Updated October 2, 2020