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Relationship manager vs senior account manager

The differences between relationship managers and senior account 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 senior account manager. Additionally, a senior account manager has an average salary of $86,129, which is higher than the $83,761 average annual salary of a relationship manager.

The top three skills for a relationship manager include client relationships, work ethic and strong work ethic. The most important skills for a senior account manager are customer service, account management, and project management.

Relationship manager vs senior account manager overview

Relationship ManagerSenior Account Manager
Yearly salary$83,761$86,129
Hourly rate$40.27$41.41
Growth rate5%5%
Number of jobs72,920161,354
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 77%
Average age4646
Years of experience88

What does a relationship manager do?

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.

What does a senior account manager do?

A senior account manager is in charge of managing and overseeing accounts in sales work, ensuring to meet all sales targets. Among the tasks of a senior account manager includes taking the lead and supervising workforce to its efficiency, devising strategies, and coming up with new opportunities to boost sales and strengthen client base. Moreover, it is also the task of a senior account manager to engage with clients, focusing on networking to attain better deals.

Relationship manager vs senior account manager salary

Relationship managers and senior account managers have different pay scales, as shown below.

Relationship ManagerSenior Account Manager
Average salary$83,761$86,129
Salary rangeBetween $56,000 And $123,000Between $57,000 And $128,000
Highest paying CitySan Francisco, CARichmond, VA
Highest paying stateNew YorkNew Jersey
Best paying companyGoogleNVIDIA
Best paying industryFinanceTechnology

Differences between relationship manager and senior account manager education

There are a few differences between a relationship manager and a senior account manager in terms of educational background:

Relationship ManagerSenior Account Manager
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Relationship manager vs senior account manager demographics

Here are the differences between relationship managers' and senior account managers' demographics:

Relationship ManagerSenior Account Manager
Average age4646
Gender ratioMale, 53.5% Female, 46.5%Male, 58.4% Female, 41.6%
Race ratioBlack 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%
LGBT Percentage7%7%

Differences between relationship manager and senior account manager duties and responsibilities

Relationship manager example responsibilities.

  • Manage both general and bankruptcy FHLMC loans.
  • Demonstrate ability to manage a portfolio with a concentration in loan modifications for HAMP and FNMA.
  • Lead the district in sales by initiating and document a proactive customer profiling effort and sale calls.
  • Oversee and manages all incoming and outgoing automate clearing house (ACH) transfer of electronic fund.
  • Process annuities, insurance policies, office bills, manage correspondence, and maintain require files and accounts.
  • Manage the west coast territory to research and analyze which healthcare facilities would benefit from the services offer.
  • Show more

Senior account manager example responsibilities.

  • Facilitate timely and accurate customer quotations to achieve margin targets in alignment with PPG pricing strategies.
  • Assist PPG credit department to manage customer debt and ensure timely payment under agree to credit terms.
  • Develop and manage new accounts for search marketing (SEO), social media marketing, web design and video production.
  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Facilitate positive customer relationships through product implementations and customer support management for this healthcare revenue cycle software and services firm.
  • Measure actual results against goals including POS.
  • Show more

Relationship manager vs senior account manager skills

Common relationship manager skills
  • Client Relationships, 11%
  • Work Ethic, 10%
  • Strong Work Ethic, 10%
  • Financial Services, 9%
  • Taking Care, 5%
  • Customer Service, 5%
Common senior account manager skills
  • Customer Service, 8%
  • Account Management, 7%
  • Project Management, 6%
  • Healthcare, 5%
  • Work Ethic, 5%
  • Cloud, 5%

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