A Relationship Manager is the key person representing the bank or financial institution to the client. He or she will have to nurture a strong relationship with clients and find out more about their financial situations and financial aspirations. Thereafter, Relationship Managers can work with their wealth management team to provide a comprehensive suite of wealth management solution to clients.
A Relationship Manager does more than just managing relationship and providing wealth & financial advice. The Relationship Manager needs to acquire clients, manage sales & revenue, manage clients & portfolio, ensure documents and procedures are in line with internal compliance, adhering to local and global regulations, attending regular training and doing administrations and operational tasks.