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The differences between senior relationship managers and senior finance 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 senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $112,626 average annual salary of a senior 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 senior finance manager are hyperion, financial performance, and financial analysis.
| Senior Relationship Manager | Senior Finance Manager | |
| Yearly salary | $112,626 | $133,358 |
| Hourly rate | $54.15 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 55,259 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 68% |
| 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.
A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.
Senior relationship managers and senior finance managers have different pay scales, as shown below.
| Senior Relationship Manager | Senior Finance Manager | |
| Average salary | $112,626 | $133,358 |
| Salary range | Between $78,000 And $161,000 | Between $95,000 And $185,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Bloomberg | Roku |
| Best paying industry | Finance | Professional |
There are a few differences between a senior relationship manager and a senior finance manager in terms of educational background:
| Senior Relationship Manager | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 68% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior relationship managers' and senior finance managers' demographics:
| Senior Relationship Manager | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 70.3% Female, 29.7% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |