Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between relationship managers and branch managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a relationship manager and a branch manager. Additionally, a relationship manager has an average salary of $83,761, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a relationship manager include client relationships, work ethic and strong work ethic. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Relationship Manager | Branch Manager | |
| Yearly salary | $83,761 | $56,291 |
| Hourly rate | $40.27 | $27.06 |
| Growth rate | 5% | 17% |
| Number of jobs | 72,920 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A relationship manager is responsible for maintaining a positive and professional relationship with customers and business partners, ensuring the highest customer satisfaction and good reputation. Relationship managers advise management on identifying business opportunities by analyzing the current market trends that would help generate revenues and increase its profitability. They connect with the marketing and sales team for product and services innovation, create compelling sales pitches, and develop customer service processes to assist customers with their inquiries and concerns efficiently.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Relationship managers and branch managers have different pay scales, as shown below.
| Relationship Manager | Branch Manager | |
| Average salary | $83,761 | $56,291 |
| Salary range | Between $56,000 And $123,000 | Between $39,000 And $80,000 |
| Highest paying City | San Francisco, CA | Oakland, CA |
| Highest paying state | New York | Alaska |
| Best paying company | FNB | |
| Best paying industry | Finance | Professional |
There are a few differences between a relationship manager and a branch manager in terms of educational background:
| Relationship Manager | Branch Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Stanford University |
Here are the differences between relationship managers' and branch managers' demographics:
| Relationship Manager | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 53.5% Female, 46.5% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |