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Become An Assistant Vice President

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Working As An Assistant Vice President

  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Guiding, Directing, and Motivating Subordinates
  • Coaching and Developing Others
  • Establishing and Maintaining Interpersonal Relationships
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $100,000

    Average Salary

What Does An Assistant Vice President Do

An Assistant Vice President helps vice presidents in their day-to-day tasks. They supervise company activities within a certain geographical area, review staff performance, manage the budget allocated for a given area, and make recommendations for improvements to the vice president and president.

How To Become An Assistant Vice President

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

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384 Assistant Vice President jobs More

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Real Assistant Vice President Salaries

Job Title Company Location Start Date Salary
Assistant Vice President-F&A Consulting Genpact LLC New York, NY Jul 12, 2015 $220,813
Assistant Vice President The University of Southern California Los Angeles, CA May 01, 2016 $215,000
Assistant Vice President Coventry Development Corporation New York, NY Jan 09, 2016 $210,000
Assistant Vice President Wafra Capital Partners, Inc. New York, NY Nov 21, 2016 $206,232
Assistant Vice President, Service Line Northwell Health Manhasset, NY Jan 01, 2016 $204,120
Assistant Vice President, Structurer/Trader Jefferies LLC New York, NY Feb 24, 2016 $201,510
Assistant Vice President, Equity Capital Markets Barclays Capital Inc. New York, NY Mar 09, 2016 $200,000
AVP, Banking, Technology, Media & Telecommunications Barclays Capital Inc. Menlo Park, CA Jan 01, 2016 $200,000
Assistant Vice President, Investment Banking Division Barclays Capital Inc. New York, NY Jan 05, 2016 $200,000
Assistant Vice President, Industrials Group Barclays Capital Inc. New York, NY Mar 09, 2016 $200,000
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Top Skills for An Assistant Vice President

FinancialStatementsEnsureComplianceProceduresLoanPortfolioAssetsRegulatoryComplianceExternalAuditorsClientRelationshipsCustomerServiceBankPoliciesRealEstateIncomeLossEquityBusinessDevelopmentBusinessUnitsRiskManagementAdditionalDueDiligenceP

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Top Assistant Vice President Skills

  1. Financial Statements
  2. Ensure Compliance
  3. Procedures
You can check out examples of real life uses of top skills on resumes here:
  • Credit Underwriter Analyze financial statements to support sound credit decisions.
  • Develop and recommend policies, procedures and programs to ensure compliance with existing regulations and best practices.
  • Worked with various testing partners to mitigate risks, exercise disaster recovery procedures and shake out new code packages.
  • Administered the loan portfolio for the bank including mortgages, consumer loans, student loans, and commercial loans.
  • Served as liaison with parent company for system conversion regarding fixed assets, tax reporting and employee benefit accounting.

Top Assistant Vice President Employers

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What Kind Of Companies Hire an Assistant Vice President

  1. Bank of America
  2. JPMorgan Chase & Co.
  3. Citi
  4. Wells Fargo
  5. SunTrust
  6. J.P. Morgan
  7. TD Bank
  8. PNC Bank
  9. Bank of America Merrill Lynch
  10. U.S. Bank
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