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.

Assistant Vice President Operations Responsibilities

Here are examples of responsibilities from real assistant vice president operations resumes representing typical tasks they are likely to perform in their roles.

  • Manage BSA relate tasks; CTR/SAR filing, CIP, CDD, EDD and OFAC.
  • Manage and update controls and procedures as needed to maintain SOX compliance and manage quarterly testing for the department.
  • Define initiative metrics, implement quarterly reporting and tracking of metrics highlighting progress and issues of achieving the goals across organization.
  • Promote to AVP after successfully implementing investment software (PORTIA) for portfolio management.
  • Run SQL's, generate reports, and provide end of day recaps for custodian fund accountants.
  • Use SQL to create store procedures to gather data for the creation of reports for web base reporting.
  • Maintain income receipt management and collateral positions.
  • Provide oversight on all operational activities including transaction accuracy and execution of operational leadership tasks.
  • Quantify investment principal and interest income, maintain income accrual schedules and verify trade calculations.
  • Develop ranking methodology to establish project implementation priorities align with business strategies and requirements and KPI dashboards for monitoring thereafter.
Assistant Vice President Operations Traits
Communication skills shows that you are able to relay your thoughts, opinions and ideas clearly to those around you.
Leadership skills directly correlate with a person's ability to lead others toward success or an accomplishment.
Management skills directly correlate with a person's ability to communicate and lead others while being able to solve problems..

Assistant Vice President Operations Job Description

Perhaps the hardest question to answer when deciding on a career as an assistant vice president operations is "should I become an assistant vice president operations?" You might find this info to be helpful. When compared to other jobs, assistant vice president operations careers are projected to have a growth rate described as "as fast as average" at 6% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a assistant vice president operations by 2028 is 150,600.

Assistant vice presidents operations average about $43.16 an hour, which makes the assistant vice president operations annual salary $89,774. Additionally, assistant vice presidents operations are known to earn anywhere from $64,000 to $125,000 a year. This means that the top-earning assistant vice presidents operations make $61,000 more than the lowest earning ones.

Once you've become an assistant vice president operations, you may be curious about what other opportunities are out there. Careers aren't one size fits all. For that reason, we discovered some other jobs that you may find appealing. Some jobs you might find interesting include an operations superintendent, operations director, operations manager, and operations officer.

Assistant Vice President Operations Jobs You Might Like

Assistant Vice President Operations Resume Examples

Assistant Vice President Operations Skills and Personality Traits

We calculated that 7% of Assistant Vice Presidents Operations are proficient in Oversight, AVP, and Risk Management. They’re also known for soft skills such as Communication skills, Leadership skills, and Management skills.

We break down the percentage of Assistant Vice Presidents Operations that have these skills listed on their resume here:

  • Oversight, 7%

    Provide strategic oversight and effectively manage educational meetings of 350-500 people with annual revenue responsibility exceeding $1 million annually.

  • AVP, 6%

    Branch Operations Manager/Security Officer, AVP

  • Risk Management, 6%

    Introduce a culture of risk awareness and proliferate a risk management mindset to mitigate against operational and financial risks.

  • Internal Audit, 6%

    Reduced Firm and customer financial exposure by re-defining and documenting operating procedures, establishing control points and conducting internal audits.

  • Regulatory Agencies, 5%

    Implemented supervised and monitored branch compliance with securities regulatory agencies and firm rules and regulations.

  • Project Management, 5%

    Developed core focus in technology project management and business development with emphasis on model and simulation, software and hardware development.

Most assistant vice presidents operations list "oversight," "avp," and "risk management" as skills on their resumes. We go into more details on the most important assistant vice president operations responsibilities here:

  • The most important skills for an assistant vice president operations to have in this position are communication skills. In this excerpt that we gathered from a assistant vice president operations resume, you'll understand why: "top executives must be able to communicate clearly and persuasively" According to resumes we found, communication skills can be used by a assistant vice president operations in order to "drive operational effectiveness through timely change communication, workflow organization, and participation on special projects"
  • Another commonly found skill for being able to perform assistant vice president operations duties is the following: leadership skills. According to a assistant vice president operations resume, "top executives must be able to lead an organization successfully by coordinating policies, people, and resources." Check out this example of how assistant vice presidents operations use leadership skills: "provide leadership for financial shared services operations with a focus on reengineering key business processes. "
  • Another skill that is quite popular among assistant vice presidents operations is management skills. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a assistant vice president operations resume: "top executives must shape and direct the operations of an organization" This example from a resume shows how this skill is used: "created operation task reports to upper management tracking business units progress. "
  • An assistant vice president operations responsibilities sometimes require "problem-solving skills." The responsibilities that rely on this skills are shown by this resume excerpt: "top executives need to identify and resolve issues within an organization" This resume example shows how this skill is used by assistant vice presidents operations: "collaborated directly with business units to identify risks through internal and external audits, defined remediation strategies, and executed resolutions. "
  • Another common skill for an assistant vice president operations to be able to utilize is "time-management skills." Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals. An assistant vice president operations demonstrated the need for this skill by putting this on their resume: "oversee daily activities to ensure adherence to deadlines, quality standards, procedures, and regulatory requirements. "
  • See the full list of assistant vice president operations skills.

    Before becoming an assistant vice president operations, 69.3% earned their bachelor's degree. When it comes down to graduating with a master's degree, 13.6% assistant vice presidents operations went for the extra education. If you're wanting to pursue this career, it may be possible to be successful with a high school degree. In fact, most assistant vice presidents operations have a college degree. But about one out of every eight assistant vice presidents operations didn't attend college at all.

    Those assistant vice presidents operations who do attend college, typically earn either a business degree or a finance degree. Less commonly earned degrees for assistant vice presidents operations include a accounting degree or a economics degree.

    Once you're ready to become an assistant vice president operations, you should explore the companies that typically hire assistant vice presidents operations. According to assistant vice president operations resumes that we searched through, assistant vice presidents operations are hired the most by USAA, Citigroup, and Synchrony Financial. Currently, USAA has 25 assistant vice president operations job openings, while there are 17 at Citigroup and 14 at Synchrony Financial.

    Since salary is important to some assistant vice presidents operations, it's good to note that they are figured to earn the highest salaries at Cincinnati Children's Hospital Medical Center, Northwell Health, and Samaritan Health Services. If you were to take a closer look at Cincinnati Children's Hospital Medical Center, you'd find that the average assistant vice president operations salary is $154,212. Then at Northwell Health, assistant vice presidents operations receive an average salary of $147,758, while the salary at Samaritan Health Services is $144,058.

    View more details on assistant vice president operations salaries across the United States.

    We also looked into companies who hire assistant vice presidents operations from the top 100 educational institutions in the U.S. The top three companies that hire the most from these institutions include Bank of America, Citi, and JPMorgan Chase.

    The three companies that hire the most prestigious assistant vice president operationss are:

      What Operations Superintendents Do

      Operations 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. It is also their responsibility to monitor the performance of the workforce and resolve issues promptly and efficiently. Moreover, an Operations Superintendent leads and encourages the employees to reach goals while implementing their policies and regulations.

      We looked at the average assistant vice president operations annual salary and compared it with the average of an operations superintendent. Generally speaking, operations superintendents receive $12,412 higher pay than assistant vice presidents operations per year.

      While their salaries may differ, one common ground between assistant vice presidents operations and operations superintendents are a few of the skills required in each craft. In both careers, employees bring forth skills like process improvements, hr, and staff members.

      As far as similarities go, this is where it ends because an assistant vice president operations responsibility requires skills such as "oversight," "avp," "risk management," and "internal audit." Whereas a operations superintendent is skilled in "safety program," "emergency," "osha," and "procedures." So if you're looking for what truly separates the two careers, you've found it.

      Operations superintendents receive the highest salaries in the construction industry coming in with an average yearly salary of $121,039. But assistant vice presidents operations are paid more in the insurance industry with an average salary of $112,096.

      On average, operations superintendents reach similar levels of education than assistant vice presidents operations. Operations superintendents are 4.4% less likely to earn a Master's Degree and 1.8% less likely to graduate with a Doctoral Degree.

      What Are The Duties Of an Operations Director?

      Operations 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. Operations directors manage business operations effectively by constantly analyzing company data and by anticipating any challenge that may come their way. As such, they make sound business decisions and recommendations that will help strengthen the organization. Operations directors oversee finances, quality control, and even human resources. They ensure that all aspects of the business are considered in making business operations decisions.

      The next role we're going to look at is the operations director profession. Typically, this position earns a higher pay. In fact, they earn a $4,841 higher salary than assistant vice presidents operations per year.

      While the salary may be different for these job positions, there is one similarity and that's a few of the skills needed to perform certain duties. We used info from lots of resumes to find that both assistant vice presidents operations and operations directors are known to have skills such as "oversight," "regulatory agencies," and "project management. "

      But both careers also use different skills, according to real assistant vice president operations resumes. While assistant vice president operations responsibilities can utilize skills like "avp," "risk management," "internal audit," and "new procedures," some operations directors use skills like "procedures," "continuous improvement," "human resources," and "logistics."

      It's been discovered that operations directors earn higher salaries compared to assistant vice presidents operations, but we wanted to find out where operations directors earned the most pay. The answer? The insurance industry. The average salary in the industry is $93,598. Additionally, assistant vice presidents operations earn the highest paychecks in the insurance with an average salary of $112,096.

      When it comes to the differences in education between the two professions, operations directors tend to reach similar levels of education than assistant vice presidents operations. In fact, they're 0.3% more likely to graduate with a Master's Degree and 1.8% more likely to earn a Doctoral Degree.

      How an Operations Manager Compares

      Operations managers are in charge of running the main business of the organization. They ensure that the business is running smoothly from an operations standpoint. They make sure that the processes in place produce the necessary output by implementing quality control measures. They also manage finances and ensure that there is enough budget to keep the operations of the business running. They also ensure that the production of goods or services is cost-efficient. Operations managers also handle people-related concerns. They are responsible for interviewing candidates, choosing the ones to hire, and ensuring that individuals assigned to operations are properly trained.

      The third profession we take a look at is operations manager. On an average scale, these workers bring in lower salaries than assistant vice presidents operations. In fact, they make a $14,191 lower salary per year.

      Using assistant vice presidents operations and operations managers resumes, we found that both professions have similar skills such as "oversight," "project management," and "process improvements," but the other skills required are very different.

      There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, an assistant vice president operations is likely to be skilled in "avp," "risk management," "internal audit," and "regulatory agencies," while a typical operations manager is skilled in "procedures," "facility," "logistics," and "continuous improvement."

      Interestingly enough, operations managers earn the most pay in the technology industry, where they command an average salary of $85,311. As mentioned previously, assistant vice presidents operations highest annual salary comes from the insurance industry with an average salary of $112,096.

      Operations managers are known to earn lower educational levels when compared to assistant vice presidents operations. Additionally, they're 9.6% less likely to graduate with a Master's Degree, and 1.1% less likely to earn a Doctoral Degree.

      Description Of an Operations Officer

      An operations officer is responsible for monitoring the staff performance, ensuring the efficiency of their tasks to support the project needs with maximum productivity, and strict compliance with the company's operational policies. Operations officers manage the department's budget, proper allocation of resources, and keeping the operational costs within the budget goals. They also conduct performance reviews, develop strategic procedures for the project's success, and handling the clients' inquiries and concerns. An operations officer must have excellent communication and leadership skills, focusing on client satisfaction while providing the best managerial support for the staff.

      The fourth career we look at typically earns lower pay than assistant vice presidents operations. On average, operations officers earn a difference of $41,633 lower per year.

      While their salaries may vary, assistant vice presidents operations and operations officers both use similar skills to perform their jobs. Resumes from both professions include skills like "risk management," "customer service," and "staff members. "

      While some skills are shared by these professions, there are some differences to note. "oversight," "avp," "internal audit," and "regulatory agencies" are skills that have shown up on assistant vice presidents operations resumes. Additionally, operations officer uses skills like procedures, facility, physical security, and clearance on their resumes.

      Operations officers reach higher levels of education when compared to assistant vice presidents operations. The difference is that they're 11.5% more likely to earn a Master's Degree more, and 0.2% less likely to graduate with a Doctoral Degree.