In a bank, RM stands for Relationship Manager. An RM is a professional responsible for managing and maintaining relationships with the banks high-value clients, providing personalized financial services and advice. They help customers with their financial and investment planning, providing financial assistance and advice to clients. An RM must understand the investment and banking industry to ensure they follow the bank policies. RMs are contact points at the bank for the customers, handling initial customer contacts and ensuring that the appropriate suite of products and solutions are offered to the customers. They also develop an understanding of customers’ day-to-day administrative and business activities and communicate the same to the front office and back office team. An RM has to learn to multitask and make the most of their time to ensure that clients maintain a long-lasting relationship with the bank. The starting salary for a Commercial Banking RM is around INR 7-10 Lakhs / annum depending on the bank.