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Assistant vice president vs vice president, business development

The differences between assistant vice presidents and vice presidents, business development 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 vice president, business development. Additionally, a vice president, business development has an average salary of $165,159, 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 vice president, business development are healthcare, business strategy, and revenue growth.

Assistant vice president vs vice president, business development overview

Assistant Vice PresidentVice President, Business Development
Yearly salary$125,190$165,159
Hourly rate$60.19$79.40
Growth rate6%6%
Number of jobs41,222188,137
Job satisfaction-5
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 73%
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 vice president, business development do?

A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.

Assistant vice president vs vice president, business development salary

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

Assistant Vice PresidentVice President, Business Development
Average salary$125,190$165,159
Salary rangeBetween $96,000 And $163,000Between $104,000 And $262,000
Highest paying CityWashington, DCSeattle, WA
Highest paying stateRhode IslandWashington
Best paying companyMetLifeFanatics
Best paying industryFinanceManufacturing

Differences between assistant vice president and vice president, business development education

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

Assistant Vice PresidentVice President, Business Development
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant vice president vs vice president, business development demographics

Here are the differences between assistant vice presidents' and vice presidents, business development' demographics:

Assistant Vice PresidentVice President, Business Development
Average age5252
Gender ratioMale, 59.8% Female, 40.2%Male, 81.3% Female, 18.7%
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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between assistant vice president and vice president, business development 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

Vice president, business development example responsibilities.

  • Prospect new business, qualify leads, present to c-level executives and close business.
  • Develop leads, prospect and set executive level meetings for high end networking events with c-level executives.
  • Identify RFP opportunities, manage coordinated team response and submit winning proposals.
  • Lead CRM conversion, including new software implementation, data-collection methods and development of a category-specific sales focus.
  • Manage projects, consult and oversee healthcare professional services division, including medical facilities and real estate investment properties.
  • Lead commercial operations including structuring and closing strategic partnerships and building a unique business intelligence platform for the healthcare industry.
  • Show more

Assistant vice president vs vice president, business development skills

Common assistant vice president skills
  • AVP, 9%
  • Risk Management, 6%
  • Project Management, 5%
  • Oversight, 5%
  • Rehabilitation, 5%
  • PowerPoint, 4%
Common vice president, business development skills
  • Healthcare, 11%
  • Business Strategy, 6%
  • Revenue Growth, 5%
  • Financial Services, 5%
  • Business Development, 5%
  • CRM, 4%

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