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The differences between senior relationship managers and client relationship 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 senior relationship manager and a client relationship manager. Additionally, a senior relationship manager has an average salary of $112,626, which is higher than the $89,226 average annual salary of a client relationship manager.
The top three skills for a senior relationship manager include business development, financial services and financial statements. The most important skills for a client relationship manager are customer service, client service, and client satisfaction.
| Senior Relationship Manager | Client Relationship Manager | |
| Yearly salary | $112,626 | $89,226 |
| Hourly rate | $54.15 | $42.90 |
| Growth rate | 17% | 5% |
| Number of jobs | 55,259 | 85,793 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 77% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior relationship manager is responsible for handling clients and customer relationships, ensuring that the team provides the highest quality service for the customers to maintain the company's excellent reputation and operational efficiency. Senior relationship managers analyze current market trends to identify business opportunities that meet the clients' demands and public interests, generating resources for revenues, and increasing the company's profitability. They also assist the marketing and sales team in developing promotional strategies for brand awareness to attract potential clients and create business partnerships.
Client Relationship Managers handle special client accounts for the company. They are usually assigned to essential clients or corporate accounts. They ensure that the company keeps these clients engaged. Client Relationship Managers work hard to build professional working relationships. They give special attention to the assigned client accounts and provide clients with updates on company services and promotions. They tend to any concerns that clients may have, and they ensure that these concerns are properly addressed and resolved. Client Relationship Managers are entrusted to build and strengthen the company's relationship with a client. As such, they are expected to be professional, friendly, and collaborative.
Senior relationship managers and client relationship managers have different pay scales, as shown below.
| Senior Relationship Manager | Client Relationship Manager | |
| Average salary | $112,626 | $89,226 |
| Salary range | Between $78,000 And $161,000 | Between $57,000 And $139,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New York | Massachusetts |
| Best paying company | Bloomberg | Fenwick & West |
| Best paying industry | Finance | Technology |
There are a few differences between a senior relationship manager and a client relationship manager in terms of educational background:
| Senior Relationship Manager | Client Relationship Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 77% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between senior relationship managers' and client relationship managers' demographics:
| Senior Relationship Manager | Client Relationship Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 47.2% Female, 52.8% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% | 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 Percentage | 11% | 7% |