BouncyPotato
BouncyPotato
Student

What does a relationship manager actually does in a bank?

I’ve got a job as a fresher in HDFC as relationship manager, but I’ve no idea what they do or what my career will look like with this job. I’m a marketing student, always wanted a job in marketing and I don’t know how i’ll be able to work in a bank or in future will i be able to switch to marketing after working in bank?

26mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
PrancingJellybean
PrancingJellybean

Depends of you are a corporate RM or retail RM. In case of corporate RM, you build relationships with companies, extend loans and other credit facilities, perform numerous documentation. Your main target is to generate income through processing fees and cross selling other products.

BouncyPotato
BouncyPotato
Student26mo

Thank you so much !!

QuirkyJellybean
QuirkyJellybean

Are you in corporate?

QuirkyBiscuit
QuirkyBiscuit
Dunzo26mo

Idk about the actual job, but since I have an RM at HDFC and I do ping her quite often - credit card, cheque, upgrades, address change, loan. And she calls me for - investments and fd etc

Banking is painful without an RM

BouncyPotato
BouncyPotato
Student26mo

Okay now I’ve a vague idea, thanks

DancingPenguin
DancingPenguin
Student26mo

Your job is sales. Straightforward targets for your branch for banking and 3rd party products. Switching to marketing is tough unless you are in the corporate office.

BouncyPotato
BouncyPotato
Student26mo

Got it, i also think it’ll be mostly sales. I’ve no interest in banking or finance jobs, will it be easier if I try and switch in first 6-7 months? Also for the context I’ll complete my MBA from IIML this year. And graduation is also in marketing

Discover more
Curated from across
Ask Grapeviners
by SillyCupcakeProduct Manager

Need career advice

Guys, one my friends is working at hdfc bank branch as an assistant manager, looking for a switch, can you help me with what sort of jobs people go to after this, any of your friends who completed the job switch? P.s.: banks give very l...

Banking & Finance
by ZestyTacoAnalyst

Seeking suggestions

I am currently pursuing pgdm in finance and marketing want to build my career in investment banking but I have lost what I want to do in it and having a education loan of 10 lpa can anyone explain for what role i should goo i am adaptive...