Small Business Financial Services Relationship Manager Salary in Melrose, Massachusetts

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Average Salary for Small Business Financial Services Relationship Manager in Melrose, Massachusetts

The average salary of a(n) Small Business Financial Services Relationship Manager in Melrose, Massachusetts is $72,163.

The average hourly rate of a(n) Small Business Financial Services Relationship Manager in Melrose, Massachusetts is $34.69.

The average bonus of a(n) Small Business Financial Services Relationship Manager in Melrose, Massachusetts is $11,243.00.

Job Description:

Develops, maintains, and expands small business relationships within an assigned market area, and manages associated credit risks. Promotes development of new sources and business, and maintains those relationships with a strong understanding of each customer's industry and associated risks. Develops relationships with referral sources, such as Attorneys, Accountants, and influential community members, to identify prospects for new business opportunities. Develops and implements a targeted plan to contact prospects in sufficient quantity to achieve financial objectives. Manages the acquisition, retention, and expansion of customer portfolios, focusing on increasing product penetration, profitability, customer satisfaction, and economic profit. Monitors assigned portfolio to identify deteriorating credit situations and takes appropriate action to address. Participates in community organizations and activities in the markets served to enhance the organization's image, and promotes and develops additional referral sources and business. Less

Develops, maintains, and expands small business relationships within an assigned market area, and manages associated credit risks. Promotes development of new sources and business, and maintains those relationships with a strong understanding of each customer's industry and associated risks. Develops... More

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