Home > Salary > South Africa > 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: 220,724 ZAR
Estimated Monthly Salary: 18,394 ZAR
Estimated Weekly Salary: 4,245 ZAR per week
Estimated Hourly Salary: 106 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,737 ZAR
Estimated Weekly Salary: 4,093 ZAR per week
Estimated Hourly Salary: 102 ZAR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 10,976 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 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: 220,724 ZAR
Estimated Monthly Salary: 18,394 ZAR
Estimated Weekly Salary: 4,245 ZAR per week
Estimated Hourly Salary: 106 ZAR per hour
By working as Private Banking Relationship Manager a person can save up to 643 USD per month or 7,722 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Private Banking Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
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Private Banking Relationship Manager salary in South Africa
Average Yearly Salary of Private Banking Relationship Manager in South Africa is approximately 220,724 ZAR (10,976 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: 220,724 ZAR
Estimated Monthly Salary: 18,394 ZAR
Estimated Weekly Salary: 4,245 ZAR per week
Estimated Hourly Salary: 106 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 212,840 ZAREstimated Monthly Salary: 17,737 ZAR
Estimated Weekly Salary: 4,093 ZAR per week
Estimated Hourly Salary: 102 ZAR per hour
Last revision of data: 2024-01-05Private Banking Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,976 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 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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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Private Banking Relationship Manager in South Africa earns on average:
1.74 times the average salary (or 174% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Private Banking Relationship Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Private Banking Relationship Manager in South Africa 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 242,796 ZAR and 320,050 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Banking Relationship Manager in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 220,724 ZAR
Estimated Monthly Salary: 18,394 ZAR
Estimated Weekly Salary: 4,245 ZAR per week
Estimated Hourly Salary: 106 ZAR per hour
By working as Private Banking Relationship Manager a person can save up to 643 USD per month or 7,722 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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
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 South Africa
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Data as of 2025Random salary:
Is consultant (199,328 ZAR per year, pre-tax.)
National accounts specialist (101,980 ZAR per year, pre-tax.)
Accounts receivable clerk (85,720 ZAR per year, pre-tax.)
Housing officer (73,627 ZAR per year, pre-tax.)
Cost engineer (209,880 ZAR per year, pre-tax.)
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