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Assistant vice president vs senior vice president

The differences between assistant vice presidents and senior 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 a senior vice president. Additionally, a senior vice president has an average salary of $194,770, 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 a senior vice president are financial services, SVP, and oversight.

Assistant vice president vs senior vice president overview

Assistant Vice PresidentSenior Vice President
Yearly salary$125,190$194,770
Hourly rate$60.19$93.64
Growth rate6%6%
Number of jobs41,22261,380
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 a senior vice president do?

A Senior Vice President's responsibilities vary according to the company or organization. Still, it mostly revolves around overseeing and leading a particular department's activities and operations, reporting to the president and the board, evaluating the progress and performances of teams and employees, and maintaining constant communication with staff and management. Furthermore, A Senior Vice President is also involved in forming strategies that would benefit the sales of the company, seek innovative options, review documents, and ensure that the operations are up to the standards of the company's policies and regulations.

Assistant vice president vs senior vice president salary

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

Assistant Vice PresidentSenior Vice President
Average salary$125,190$194,770
Salary rangeBetween $96,000 And $163,000Between $125,000 And $302,000
Highest paying CityWashington, DCSeattle, WA
Highest paying stateRhode IslandWashington
Best paying companyMetLifeBrookfield Properties
Best paying industryFinanceMedia

Differences between assistant vice president and senior vice president education

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

Assistant Vice PresidentSenior 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 senior vice president demographics

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

Assistant Vice PresidentSenior Vice President
Average age5252
Gender ratioMale, 59.8% Female, 40.2%Male, 74.9% Female, 25.1%
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, 76.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between assistant vice president and senior 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

Senior vice president example responsibilities.

  • Manage relationships with hedge funds, administrators and investors regarding trade requests, derivative restructuring and compliance issues.
  • Manage legal proceedings and investigations with state, federal, and self-regulatory organization securities and insurance regulatory agencies.
  • Manage the successful transition of a large-cap telecommunications company from NYSE to NASDAQ including all relate communications and events.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Develop institutional procedures for managing project logistics, vendor relations, supply chain, engineering functions, and document storage/sharing.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
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Assistant vice president vs senior vice president skills

Common assistant vice president skills
  • AVP, 9%
  • Risk Management, 6%
  • Project Management, 5%
  • Oversight, 5%
  • Rehabilitation, 5%
  • PowerPoint, 4%
Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%

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