Home > Salary > Kenya > Relationship Manager Banking
A Relationship Manager in banking is responsible for managing and developing relationships with clients, primarily focusing on high net worth individuals or corporate clients. They act as a point of contact for clients, understanding their financial needs and offering appropriate banking solutions. Relationship Managers analyze clients' financial situations, provide advice on investment opportunities, and recommend suitable banking products and services. They also ensure client satisfaction by addressing any concerns or issues promptly and effectively. Building long-term relationships with clients and actively seeking new business opportunities are key aspects of this role.
Estimated Yearly Salary: 1,621,096 KES
Estimated Monthly Salary: 135,091 KES
Estimated Weekly Salary: 31,175 KES per week
Estimated Hourly Salary: 779 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 130,021 KES
Estimated Weekly Salary: 30,005 KES per week
Estimated Hourly Salary: 750 KES per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 10,185 USD
Estimated Monthly Salary: 849 USD
Estimated Weekly Salary: 196 USD per week
Estimated Hourly Salary: 5 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: 1,621,096 KES
Estimated Monthly Salary: 135,091 KES
Estimated Weekly Salary: 31,175 KES per week
Estimated Hourly Salary: 779 KES per hour
By working as Relationship Manager Banking a person can save up to 609 USD per month or 7,305 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Relationship Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
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Relationship Manager Banking salary in Kenya
Average Yearly Salary of Relationship Manager Banking in Kenya is approximately 1,621,096 KES (10,185 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 Relationship Manager Banking do?
A Relationship Manager in banking is responsible for managing and developing relationships with clients, primarily focusing on high net worth individuals or corporate clients. They act as a point of contact for clients, understanding their financial needs and offering appropriate banking solutions. Relationship Managers analyze clients' financial situations, provide advice on investment opportunities, and recommend suitable banking products and services. They also ensure client satisfaction by addressing any concerns or issues promptly and effectively. Building long-term relationships with clients and actively seeking new business opportunities are key aspects of this role.
Skills: Relationship Manager, Banking, Client Relationship, Financial Advisory, Sales, Customer Service
Job industry: Banking
Job industry: Banking
How much does Relationship Manager Banking make?
Salary details
How much does Relationship Manager Banking make?Estimated Yearly Salary: 1,621,096 KES
Estimated Monthly Salary: 135,091 KES
Estimated Weekly Salary: 31,175 KES per week
Estimated Hourly Salary: 779 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,560,250 KESEstimated Monthly Salary: 130,021 KES
Estimated Weekly Salary: 30,005 KES per week
Estimated Hourly Salary: 750 KES per hour
Last revision of data: 2024-01-06Relationship Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,185 USD
Estimated Monthly Salary: 849 USD
Estimated Weekly Salary: 196 USD per week
Estimated Hourly Salary: 5 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
Compare salary to other countries
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Salary comparison to National average
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager Banking job salary compared to average salary in Kenya.
Comparison shows that a person working as Relationship Manager Banking in Kenya earns on average:
1.86 times the average salary (or 186% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager Banking job salary compared to average salary in Kenya.
Comparison shows that a person working as Relationship Manager Banking in Kenya earns on average:
1.86 times the average salary (or 186% of average salary).
Is Relationship Manager Banking a well paid job?
Yes, our data shows that Relationship Manager Banking 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 Relationship Manager Banking?
High salary for Relationship Manager Banking would be somewhere between 1,783,206 KES and 2,350,589 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Relationship Manager Banking in Kenya?
Living in Kenya the approximate monthly expenses are: 240 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: 1,621,096 KES
Estimated Monthly Salary: 135,091 KES
Estimated Weekly Salary: 31,175 KES per week
Estimated Hourly Salary: 779 KES per hour
By working as Relationship Manager Banking a person can save up to 609 USD per month or 7,305 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Relationship Manager Banking
Ethiopia is 3,266 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 Kenya
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Data as of 2025Random salary:
Produce assistant (313,027 KES per year, pre-tax.)
Vehicle photographer (478,236 KES per year, pre-tax.)
Busboygirl (383,951 KES per year, pre-tax.)
Productionmanufacturing technician (783,278 KES per year, pre-tax.)
Agronomy research manager (1,226,023 KES per year, pre-tax.)
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