Home > Salary > Latvia > 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: 36,588 EUR
Estimated Monthly Salary: 3,049 EUR
Estimated Weekly Salary: 704 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,949 EUR
Estimated Weekly Salary: 681 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 36,694 USD
Estimated Monthly Salary: 3,058 USD
Estimated Weekly Salary: 706 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 36,588 EUR
Estimated Monthly Salary: 3,049 EUR
Estimated Weekly Salary: 704 EUR per week
Estimated Hourly Salary: 18 EUR per hour
By working as Relationship Manager Banking a person can save up to 2,198 USD per month or 26,374 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 Latvia, see costs of living in Latvia.
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 Latvia
Average Yearly Salary of Relationship Manager Banking in Latvia is approximately 36,588 EUR (36,694 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: 36,588 EUR
Estimated Monthly Salary: 3,049 EUR
Estimated Weekly Salary: 704 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 35,387 EUREstimated Monthly Salary: 2,949 EUR
Estimated Weekly Salary: 681 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Last revision of data: 2024-01-08Relationship Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 36,694 USD
Estimated Monthly Salary: 3,058 USD
Estimated Weekly Salary: 706 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager Banking job salary compared to average salary in Latvia.
Comparison shows that a person working as Relationship Manager Banking in Latvia earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager Banking job salary compared to average salary in Latvia.
Comparison shows that a person working as Relationship Manager Banking in Latvia earns on average:
1.87 times the average salary (or 187% 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 40,247 EUR and 53,053 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Relationship Manager Banking in Latvia?
Living in Latvia the approximate monthly expenses are: 860 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: 36,588 EUR
Estimated Monthly Salary: 3,049 EUR
Estimated Weekly Salary: 704 EUR per week
Estimated Hourly Salary: 18 EUR per hour
By working as Relationship Manager Banking a person can save up to 2,198 USD per month or 26,374 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 Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. 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
Estonia is 47,040 USD
Russia is 21,855 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 Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Continuity manager (9,978 EUR per year, pre-tax.)
Coastal engineer (33,981 EUR per year, pre-tax.)
Weather observer (19,685 EUR per year, pre-tax.)
Infection control director (41,480 EUR per year, pre-tax.)
Legal document clerk (10,718 EUR per year, pre-tax.)
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