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Assistant vice president operations vs senior vice president

The differences between assistant vice presidents operations and senior vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an assistant vice president operations, becoming a senior vice president takes usually requires More than 10 years. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $97,565 average annual salary of an assistant vice president operations.

The top three skills for an assistant vice president operations include oversight, AVP and risk management. The most important skills for a senior vice president are financial services, SVP, and oversight.

Assistant vice president operations vs senior vice president overview

Assistant Vice President OperationsSenior Vice President
Yearly salary$97,565$194,770
Hourly rate$46.91$93.64
Growth rate6%6%
Number of jobs162,38161,380
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Average age4452
Years of experience6-

What does an assistant vice president operations do?

An assistant vice president of operations is responsible for monitoring the company's operational and production processes to ensure high-quality deliverables and achieve the highest client satisfaction. Assistant vice presidents of operations join the senior management team in implementing corporate decisions to enhance the efficiency and stability of the company to provide timely services for the clients and business partners. They also review financial and business transactions, identify cost-reduction methodologies, and develop opportunities to generate revenues and increase profits.

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 operations vs senior vice president salary

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

Assistant Vice President OperationsSenior Vice President
Average salary$97,565$194,770
Salary rangeBetween $68,000 And $138,000Between $125,000 And $302,000
Highest paying CityHartford, CTSeattle, WA
Highest paying stateRhode IslandWashington
Best paying companyFederal ReserveBrookfield Properties
Best paying industryFinanceMedia

Differences between assistant vice president operations and senior vice president education

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

Assistant Vice President OperationsSenior Vice President
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant vice president operations vs senior vice president demographics

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

Assistant Vice President OperationsSenior Vice President
Average age4452
Gender ratioMale, 52.5% Female, 47.5%Male, 74.9% Female, 25.1%
Race ratioBlack or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5%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 Percentage10%12%

Differences between assistant vice president operations and senior vice president duties and responsibilities

Assistant vice president operations example responsibilities.

  • Manage BSA relate tasks; CTR/SAR filing, CIP, CDD, EDD and OFAC.
  • Manage direct reports, mentore junior analysts, and provide department training for increase productivity and cross-coverage of treasury functions.
  • Manage cross-selling solutions by leveraging partnerships with institutional money management, capital markets, treasury management, and private client services.
  • Finance and billing accountability across Medicaid, manage care commercial insurance, insurance verification, contract management, and benefits administration.
  • Conduct BSA and AML training on an ongoing basis.
  • Promote to AVP after successfully implementing investment software (PORTIA) for portfolio management.
  • 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 operations vs senior vice president skills

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

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