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.
Assistant vice president responsibilities
Here are examples of responsibilities from real assistant vice president resumes:
- 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.
- Perform comprehensive regulatory compliance reviews of investments under management to ensure adherence to written policies and procedures and securities laws.
- Manage the daily business operations, including oversight of all departments relate directly to credit information product fulfillment and customer service.
- Select by senior management as SME to represent all specialty risk underwriting in the OCC consent order request.
- Maintain AVP calendar; prepare AVP expense reports; verify accuracy of RSD/Staff expense reports for AVP to approve.
- Conduct internal action plan audit validation reviews as pertains to OCC, HUD, and all investor consent orders.
- Programme using SQL code to creatively solve problems and come up with the most effective, efficient design for the client.
- Leverage strategic and innovative business process change approach to transform sourcing process.
- Produce Facebook pages for area companies, increasing visibility and generating additional sales.
- Provide services and coordinate professional, corporate and private meetings/event logistics for clients.
Assistant vice president skills and personality traits
We calculated that 9% of Assistant Vice Presidents are proficient in AVP, Risk Management, and Project Management. They’re also known for soft skills such as Leadership skills, Management skills, and Problem-solving skills.
We break down the percentage of Assistant Vice Presidents that have these skills listed on their resume here:
- AVP, 9%
Awarded a meritorious promotion from Litigation Specialist II to AVP Mortgage Resolution Associate due to exceeding expectations on litigated case handling
- Risk Management, 6%
Developed and implemented a Microsoft Access based executive compensation planning and management application for the banks Finance and Risk Management department.
- Project Management, 5%
Worked within established SDLC project management methodology to manage relationship between appropriate Infrastructure IT teams, development and senior business lines.
- Oversight, 5%
Manage the daily business operations, including oversight of all departments related directly to credit information product fulfillment and customer service.
- Rehabilitation, 5%
Established national blanket contracts with Columbia Health Care, Advocate Systems, Integrated Rehabilitation & other local rehabilitation companies.
- PowerPoint, 4%
Conducted weekly client seminars utilizing PowerPoint presentations to educate high net worth individuals and business owners on investment strategies.
"avp," "risk management," and "project management" are among the most common skills that assistant vice presidents use at work. You can find even more assistant vice president responsibilities below, including:
Leadership skills. To carry out their duties, the most important skill for an assistant vice president to have is leadership skills. Their role and responsibilities require that "top executives must be able to shape and direct an organization by coordinating policies, people, and resources." Assistant vice presidents often use leadership skills in their day-to-day job, as shown by this real resume: "introduced the leadership development circle that used both educational and experiential training methods to build hr strategic capacity. "
Problem-solving skills. Another skill that relates to the job responsibilities of assistant vice presidents is problem-solving skills. This skill is critical to many everyday assistant vice president duties, as "top executives need to identify and resolve issues within an organization." This example from a resume shows how this skill is used: "worked with business leaders and hr business partners to provide learning/od solutions for business units across the metlife enterprise. "
Time-management skills. assistant vice president responsibilities often require "time-management skills." The duties that rely on this skill are shown by the fact that "top executives do many tasks concurrently to ensure that their work gets done and that the organization meets its goals." This resume example shows what assistant vice presidents do with time-management skills on a typical day: "managed department during absence of avp ensuring projects remained on time and up to date. "
Communication skills. A commonly-found skill in assistant vice president job descriptions, "communication skills" is essential to what assistant vice presidents do. Assistant vice president responsibilities rely on this skill because "top executives must be able to convey information clearly and persuasively." You can also see how assistant vice president duties rely on communication skills in this resume example: "developed both the java servlet program and the mainframe cobol/cics transaction, and configured the cross-platform communication channel. "
The three companies that hire the most assistant vice presidents are:
- Citi718 assistant vice presidents jobs
- Synchrony Financial552 assistant vice presidents jobs
- The Independent Traveler542 assistant vice presidents jobs
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Compare different assistant vice presidents
Assistant vice president vs. Business director
Business directors are responsible for overseeing the development of an organization's business goals and objectives. They typically work to increase business revenue, identify and develop business opportunities, and expand the company's presence and its brands. Other duties and responsibilities may include establishing effective company policies, goals, and sales targets, overseeing financial and budgetary activities, and identifying ways to minimize cost and boost financial performance. Business directors are also expected to negotiate contracts with clients and suppliers and propose and develop new partnerships.
There are some key differences in the responsibilities of each position. For example, assistant vice president responsibilities require skills like "avp," "rehabilitation," "powerpoint," and "sql." Meanwhile a typical business director has skills in areas such as "healthcare," "sigma," "patients," and "business strategy." This difference in skills reveals the differences in what each career does.
Business directors earn the highest salaries when working in the finance industry, with an average yearly salary of $129,623. On the other hand, assistant vice presidents are paid more in the finance industry with an average salary of $105,833.On average, business directors reach similar levels of education than assistant vice presidents. Business directors are 2.3% more likely to earn a Master's Degree and 1.8% more likely to graduate with a Doctoral Degree.Assistant vice president vs. Senior director
Senior directors are the top management who manage the overall corporate structure of a brand. These executives take responsibility for the planning, operations, and profitability of the company. They direct and control all the functions of businesses. Their jobs cover the advertising, marketing, sales, and promotions of products and services. They are the people behind the tactical and strategic management of every asset of the enterprise through different programs.
Each career also uses different skills, according to real assistant vice president resumes. While assistant vice president responsibilities can utilize skills like "avp," "powerpoint," "sql," and "financial statements," senior directors use skills like "healthcare," "analytics," "patients," and "portfolio."
Senior directors earn a higher average salary than assistant vice presidents. But senior directors earn the highest pay in the pharmaceutical industry, with an average salary of $180,537. Additionally, assistant vice presidents earn the highest salaries in the finance with average pay of $105,833 annually.In general, senior directors achieve similar levels of education than assistant vice presidents. They're 4.7% more likely to obtain a Master's Degree while being 1.8% more likely to earn a Doctoral Degree.Assistant vice president vs. President/chief executive officer
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
The required skills of the two careers differ considerably. For example, assistant vice presidents are more likely to have skills like "avp," "project management," "rehabilitation," and "powerpoint." But a president/chief executive officer is more likely to have skills like "financial management," "revenue growth," "r," and "product development."
President/chief executive officers earn the best pay in the finance industry, where they command an average salary of $179,795. Assistant vice presidents earn the highest pay from the finance industry, with an average salary of $105,833.president/chief executive officers typically earn similar educational levels compared to assistant vice presidents. Specifically, they're 2.2% more likely to graduate with a Master's Degree, and 1.8% more likely to earn a Doctoral Degree.Assistant vice president vs. Chief operating officer
A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.
Updated January 8, 2025
