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Assistant vice president vs executive vice president

The differences between assistant vice presidents and executive vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an assistant vice president and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $125,190 average annual salary of an assistant vice president.

The top three skills for an assistant vice president include AVP, risk management and project management. The most important skills for an executive vice president are financial statements, oversight, and business development.

Assistant vice president vs executive vice president overview

Assistant Vice PresidentExecutive Vice President
Yearly salary$125,190$216,285
Hourly rate$60.19$103.98
Growth rate6%6%
Number of jobs41,222123,982
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 71%
Average age5252
Years of experience--

What does an assistant vice president do?

An assistant vice president is responsible for supporting the company's strategies and procedures for growth and development, working alongside the board executives. Assistant vice presidents should ensure that all the company's policies and legal procedures comply with all employees. They also supervise every operations department's head to ensure the smooth flow of business processes, providing additional assistance and resources as needed. Assistant vice presidents also monitor the company's expenses and sales goals to improve the business' performance and profitability.

What does an executive vice president do?

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.

Assistant vice president vs executive vice president salary

Assistant vice presidents and executive vice presidents have different pay scales, as shown below.

Assistant Vice PresidentExecutive Vice President
Average salary$125,190$216,285
Salary rangeBetween $96,000 And $163,000Between $118,000 And $394,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateRhode IslandWashington
Best paying companyMetLifeGartner
Best paying industryFinanceTelecommunication

Differences between assistant vice president and executive vice president education

There are a few differences between an assistant vice president and an executive vice president in terms of educational background:

Assistant Vice PresidentExecutive Vice President
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant vice president vs executive vice president demographics

Here are the differences between assistant vice presidents' and executive vice presidents' demographics:

Assistant Vice PresidentExecutive Vice President
Average age5252
Gender ratioMale, 59.8% Female, 40.2%Male, 74.7% Female, 25.3%
Race ratioBlack or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.6% White, 76.3% American Indian and Alaska Native, 0.6%Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between assistant vice president and executive vice president duties and responsibilities

Assistant vice president example responsibilities.

  • Implement budget report which allow unit to achieve expense objective of $25MM/397 FTE target.
  • Manage and update controls and procedures as needed to maintain SOX compliance and manage quarterly testing for the department.
  • Manage the BSA portion of all regulatory examinations with outside auditors and regulators.
  • Manage daily ACH transfers and wire transactions including verifying all investor distributions are process.
  • Manage Citi's capital planning and funding process and develop recommendations for capital utilization.
  • Prepare presentations, contracts, manage logistics, provide quality control and safety requirements.
  • Show more

Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
  • Show more

Assistant vice president vs executive vice president skills

Common assistant vice president skills
  • AVP, 9%
  • Risk Management, 6%
  • Project Management, 5%
  • Oversight, 5%
  • Rehabilitation, 5%
  • PowerPoint, 4%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

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