Home > Salary > Saudi Arabia > 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: 179,799 SAR
Estimated Monthly Salary: 14,983 SAR
Estimated Weekly Salary: 3,458 SAR per week
Estimated Hourly Salary: 86 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,435 SAR
Estimated Weekly Salary: 3,331 SAR per week
Estimated Hourly Salary: 83 SAR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 44,783 USD
Estimated Monthly Salary: 3,732 USD
Estimated Weekly Salary: 861 USD per week
Estimated Hourly Salary: 22 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: 179,799 SAR
Estimated Monthly Salary: 14,983 SAR
Estimated Weekly Salary: 3,458 SAR per week
Estimated Hourly Salary: 86 SAR per hour
By working as Private Banking Relationship Manager a person can save up to 2,628 USD per month or 31,540 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Private Banking Relationship Manager
United Arab Emirates is 79,468 USD 77%
Details on Private Banking Relationship Manager salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Senior construction manager (245,525 SAR per year, pre-tax.)
Junior application engineer (135,536 SAR per year, pre-tax.)
Private Banking Relationship Manager salary in Saudi Arabia
Average Yearly Salary of Private Banking Relationship Manager in Saudi Arabia is approximately 179,799 SAR (44,783 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: 179,799 SAR
Estimated Monthly Salary: 14,983 SAR
Estimated Weekly Salary: 3,458 SAR per week
Estimated Hourly Salary: 86 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 173,220 SAREstimated Monthly Salary: 14,435 SAR
Estimated Weekly Salary: 3,331 SAR per week
Estimated Hourly Salary: 83 SAR per hour
Last revision of data: 2024-01-08Private Banking Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 44,783 USD
Estimated Monthly Salary: 3,732 USD
Estimated Weekly Salary: 861 USD per week
Estimated Hourly Salary: 22 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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Country:
Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Private Banking Relationship Manager in Saudi Arabia earns on average:
1.74 times the average salary (or 174% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Private Banking Relationship Manager in Saudi Arabia earns on average:
1.74 times the average salary (or 174% 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 197,779 SAR and 260,709 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Banking Relationship Manager in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 179,799 SAR
Estimated Monthly Salary: 14,983 SAR
Estimated Weekly Salary: 3,458 SAR per week
Estimated Hourly Salary: 86 SAR per hour
By working as Private Banking Relationship Manager a person can save up to 2,628 USD per month or 31,540 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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
Jordan is 15,389 USD
Iraq is 9,774 USD
Kuwait is 21,775 USD
Qatar is 114,103 USD
Bahrain is 29,011 USDUnited Arab Emirates is 79,468 USD 77%Details on Private Banking Relationship Manager salary in United Arab Emirates
Oman is 14,724 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Web applications programmer (151,568 SAR per year, pre-tax.)
Financial reporting analyst (111,532 SAR per year, pre-tax.)
Property manager (82,278 SAR per year, pre-tax.)
Senior construction manager (245,525 SAR per year, pre-tax.)
Junior application engineer (135,536 SAR per year, pre-tax.)
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