Research Summary. Here are some key facts to know if you're looking to hire a assistant vice presidents operations in the United States:

  • The median cost to hire an assistant vice president operations is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per assistant vice president operations on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 17,582 assistant vice presidents operations in the US, and there are currently 162,381 job openings in this field.
  • New York, NY, has the highest demand for assistant vice presidents operations, with 29 job openings.

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How Much Does it Cost to Hire an Assistant Vice President Operations

There are different types of costs for hiring assistant vice presidents operations. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new assistant vice president operations employee.

You can expect to pay around $97,565 per year for an assistant vice president operations, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for assistant vice presidents operations in the US typically range between $32 and $66 an hour.

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How to hire an Assistant Vice President Operations, step by step

To hire an assistant vice president operations, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire an assistant vice president operations:

  • Step 1: Identify your needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Writing an assistant vice president operations job description
  • Step 5: Post the job
  • Step 6: Interview process
  • Step 7: Send a job offer and onboard your new assistant vice president operations
  • Step 8: Go through the checklist for the hiring process

Identify Your Needs

The first step in the assistant vice president operations hiring process is determining what type of worker you actually need. For example, certain roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

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An assistant vice president operations's background is also an important factor in determining whether they'll be a good fit for the position. For example, assistant vice presidents operations from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

The list breaks down common assistant vice president operations roles and compares their salaries.

Type Of Assistant Vice President OperationsDescriptionHourly Rate
Assistant Vice President OperationsTop executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.$32-66
Operations SuperintendentOperations Superintendent plans and oversees the daily operations of an organization. They have the authority to set objectives and guidelines, establish budgets and schedules, delegate tasks among staff, and develop strategies to optimize operations and meet project requirements... Show More$34-72
Operations DirectorOperations directors oversee all company operations. They have the power to set the direction, change the course of the organization, and reform strategies to ensure efficiency in how the company operates... Show More$31-78

Create An Ideal Candidate Profile

Ideally, you should have the perfect candidate profile in mind before you write an assistant vice president operations job description. This means you should have a clear idea of the skill set they need to be proficient in, what their main responsibilities will be, and what kind of background they'll have.

Assistant vice presidents operations typically have the following skills:

Common Skills:
  • Oversight
  • AVP
  • Risk Management
  • Project Management
  • Rehabilitation
  • Internal Audit
  • Customer Service
  • Process Improvement
  • Portfolio
  • Strong Analytical
  • Operational Risk
  • HR
  • Regulatory Compliance
  • Loan Documentation
Check All Skills

Here are the responsibilities that most assistant vice presidents operations perform:

  • 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.
Check all Duties

Beyond the basics, you should also consider how well a candidate fits into your company culture. In other words, you should think about how your ideal assistant vice president operations will live by the company's mission statement and contribute to the team dynamic you already have in place.

Most Common States For Assistant Vice Presidents Operations In The US

Rank #State# Of Jobs% of PopulationAvg. Salary
2North Carolina2,30422%$94,782

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Make A Budget

Including a salary range in the job description is a good way to get more applicants. An assistant vice president operations salary can be affected by several factors, such as the location of the job, their level of experience, education and certifications, and the prestige of the employer. For example, the average salary for an assistant vice president operations in Missouri may be lower than in Rhode Island, and an entry-level engineer typically earns less than a senior-level assistant vice president operations. Additionally, an assistant vice president operations with lots of experience in the field may command a higher salary as a result.

Updated March 16, 2023

Average Assistant Vice President Operations Salary


$46.91 hourly

Entry level Salary
$68,000 yearly

Assistant Vice President Operations Average Salary By Location

RankStateAvg. SalaryHourly RateJob Count
4New Jersey$126,879$618
5New York$121,097$58

Assistant Vice President Operations Average Salary By Company

RankCompanyAverage SalaryHourly RateJob Openings
1Federal Reserve$131,935$63.43
2Oaktree Capital Management$128,662$61.8614
5Wedbush Securities$121,795$58.569
6Federal Reserve Bank$121,605$58.4641
7MUFG EMEA$117,849$56.66
8University of Maryland Medical System$116,434$55.9811
9The Travelers Companies$116,360$55.94168
11Florida Crystals$110,926$53.33
12Agilent Technologies$110,905$53.321
13The New York Foundling$110,113$52.9414
14BNP Paribas$108,013$51.9337
15Morgan Stanley$107,900$51.88314
16Credit Suisse$107,030$51.4618
17Deutsche Bank$106,336$51.12216
18Northwell Health$106,335$51.1273
20JPMorgan Chase & Co.$105,880$50.901,156

Writing an Assistant Vice President Operations Job Description

An assistant vice president operations job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of an assistant vice president operations job description:

Example of Full Job Description

  • Effectively review borrower documentation as well as loan documents
  • Evaluate credit and collateral documents received, including verifying the accuracy and completeness of each document
  • Preparing funding and closing documents, side letters, and other legal documents
  • Implementing new products types, developing and implementing policies and procedures
  • Ability to affect change management and team adoption
  • Provide excellent customer service both internally and externally
  • High school diploma or equivalent
  • 5+ years' Commercial Lending
  • 3+ years' managing a team and providing clear direction and leadership by example


  • Bachelor's degree or equivalent work experience

Born digital, Axos Bank has reinvented the banking model and grown to over $15 billion in assets since our founding in 2000. With a broad and ever-growing range of financial products, Axos Bank is rated among the top 5 digital banks in the country! Axos Financial is our holding company and publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

We bring together human insight and digital expertise to anticipate the needs of our customers. Our team members are innovative, technologically sophisticated, and motivated to achieve.

Learn more about working here!

Pre-Employment Drug Test:

All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.

Equal Employment Opportunity:

Axos Bank is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants without regard to race, religious creed, color, sex (including pregnancy, breast feeding and related medical conditions), gender, gender identity, gender expression, sexual orientation, national origin, ancestry, citizenship status, military and veteran status, marital status, age, protected medical condition, genetic information, physical disability, mental disability, or any other protected status in accordance with all applicable federal, state and local laws.

Job Functions and Work Environment:

While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.

The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

Post A Job

There are a few common ways to find assistant vice presidents operations for your business:

  • Promoting internally or recruiting from your existing workforce.
  • Ask for referrals from friends, family members, and current employees.
  • Attend job fairs at local colleges to meet candidates with the right educational background.
  • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.

Post your job online:

  • Post your assistant vice president operations job on Zippia to find and recruit assistant vice president operations candidates who meet your exact specifications.
  • Use field-specific websites.
  • Post a job on free websites.

Interview Process

Your first interview with assistant vice president operations candidates should focus on their interest in the role and their specific background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

Don't forget to include a few questions that give a candidate chance to expand on their strengths in their own words. Asking about their special skills might reveal things you'd miss otherwise. At this point, candidates who are good enough can move on to the technical interview.

The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills. Explore the top questions to ask assistant vice presidents operations here.

Send A Job Offer And Onboard Your New Assistant Vice President Operations

Once you have selected a candidate for the position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. It is important to make sure that your offer is competitive, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

After that, you can create an onboarding schedule for a new assistant vice president operations. Employee Action Forms should be completed by Human Resources and the hiring manager. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

Go Through The Checklist For The Hiring Process

  • Determine employee type (full-time, part-time, contractor, etc.)
  • Submit a job requisition form to the HR department
  • Define job responsibilities and requirements
  • Establish budget and timeline
  • Determine hiring decision makers for the role
  • Write job description
  • Post job on job boards, company website, etc.
  • Promote the job internally
  • Process applications through applicant tracking system
  • Review resumes and cover letters
  • Shortlist candidates for screening
  • Hold phone/virtual interview screening with first round of candidates
  • Conduct in-person interviews with top candidates from first round
  • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
  • Conduct background checks on top candidates
  • Check references of top candidates
  • Consult with HR and hiring decision makers on job offer specifics
  • Extend offer to top candidate(s)
  • Receive formal job offer acceptance and signed employment contract
  • Inform other candidates that the position has been filled
  • Set and communicate onboarding schedule to new hire(s)
  • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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Hiring Assistant Vice Presidents Operations FAQs

How Much Does A Good Assistant Vice President Operations Cost?

A good assistant vice president operations costs $46.91 an hour in the US. However, it can vary based on factors such as the assistant vice president operations experience, abilities, industry, and the specific requirements of your business.

What Are The Duties Of An Assistant Vice President Operations?

The duties of an assistant vice president operations are:
  • 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.

Should I Hire An Assistant Vice President Operations With No Experience?

Yes, you should hire an assistant vice president operations with no experience. Hiring an entry-level assistant vice president operations with no experience offers versatility for your team. They may lack some qualifications, but are adaptable and have not yet formed problematic habits. However, more training may be required compared to experienced.

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