Home > Salary > Ethiopia > Private Banking Relationship Manager
A Private Banking Relationship Manager is responsible for providing personalized financial solutions and services to high-net-worth individuals and families. They develop and maintain relationships with clients, understanding their financial goals, and offering tailored investment advice, wealth management strategies, and banking solutions. Relationship Managers collaborate with a team of specialists to deliver comprehensive financial plans, including investment management, estate planning, tax planning, and risk management. They actively seek new business opportunities, acquire new clients, and expand existing client relationships by delivering exceptional customer service and demonstrating expertise in financial products and services. Relationship Managers stay updated on market trends, regulatory changes, and industry developments to provide clients with the most relevant and accurate advice. They must possess strong communication and interpersonal skills to effectively engage with clients and build long-term relationships.
Estimated Yearly Salary: 187,402 ETB
Estimated Monthly Salary: 15,617 ETB
Estimated Weekly Salary: 3,604 ETB per week
Estimated Hourly Salary: 90 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,070 ETB
Estimated Weekly Salary: 3,478 ETB per week
Estimated Hourly Salary: 87 ETB per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 3,116 USD
Estimated Monthly Salary: 260 USD
Estimated Weekly Salary: 60 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 187,402 ETB
Estimated Monthly Salary: 15,617 ETB
Estimated Weekly Salary: 3,604 ETB per week
Estimated Hourly Salary: 90 ETB per hour
By working as Private Banking Relationship Manager a person can save up to 183 USD per month or 2,194 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Private Banking Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Land surveyor lead (133,080 ETB per year, pre-tax.)
Meeting manager (139,874 ETB per year, pre-tax.)
Glass blower (92,612 ETB per year, pre-tax.)
Machine builder (98,999 ETB per year, pre-tax.)
Speechwriter (172,091 ETB per year, pre-tax.)
Private Banking Relationship Manager salary in Ethiopia
Average Yearly Salary of Private Banking Relationship Manager in Ethiopia is approximately 187,402 ETB (3,116 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Private Banking Relationship Manager do?
A Private Banking Relationship Manager is responsible for providing personalized financial solutions and services to high-net-worth individuals and families. They develop and maintain relationships with clients, understanding their financial goals, and offering tailored investment advice, wealth management strategies, and banking solutions. Relationship Managers collaborate with a team of specialists to deliver comprehensive financial plans, including investment management, estate planning, tax planning, and risk management. They actively seek new business opportunities, acquire new clients, and expand existing client relationships by delivering exceptional customer service and demonstrating expertise in financial products and services. Relationship Managers stay updated on market trends, regulatory changes, and industry developments to provide clients with the most relevant and accurate advice. They must possess strong communication and interpersonal skills to effectively engage with clients and build long-term relationships.
Skills: Private Banking, Relationship Management, Wealth Management, Investment Advisory, Financial Planning, High-Net-Worth Clients.
Job industry: Banking
Job industry: Banking
How much does Private Banking Relationship Manager make?
Salary details
How much does Private Banking Relationship Manager make?Estimated Yearly Salary: 187,402 ETB
Estimated Monthly Salary: 15,617 ETB
Estimated Weekly Salary: 3,604 ETB per week
Estimated Hourly Salary: 90 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 180,840 ETBEstimated Monthly Salary: 15,070 ETB
Estimated Weekly Salary: 3,478 ETB per week
Estimated Hourly Salary: 87 ETB per hour
Last revision of data: 2024-01-02Private Banking Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,116 USD
Estimated Monthly Salary: 260 USD
Estimated Weekly Salary: 60 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Private Banking Relationship Manager in Ethiopia earns on average:
1.78 times the average salary (or 178% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Private Banking Relationship Manager in Ethiopia earns on average:
1.78 times the average salary (or 178% of average salary).
Is Private Banking Relationship Manager a well paid job?
Yes, our data shows that Private Banking Relationship Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Private Banking Relationship Manager?
High salary for Private Banking Relationship Manager would be somewhere between 206,142 ETB and 271,733 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Banking Relationship Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 187,402 ETB
Estimated Monthly Salary: 15,617 ETB
Estimated Weekly Salary: 3,604 ETB per week
Estimated Hourly Salary: 90 ETB per hour
By working as Private Banking Relationship Manager a person can save up to 183 USD per month or 2,194 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Private Banking Relationship Manager
Sudan is 1,238 USD
Kenya is 9,735 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Land surveyor lead (133,080 ETB per year, pre-tax.)
Meeting manager (139,874 ETB per year, pre-tax.)
Glass blower (92,612 ETB per year, pre-tax.)
Machine builder (98,999 ETB per year, pre-tax.)
Speechwriter (172,091 ETB per year, pre-tax.)
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