An associate vice president's role is to implement the company's policies and regulations, all while overseeing the business operations within a particular area. Typically responding to a president or stakeholders, an associate vice president's responsibilities revolve around supervising management officials, devising strategies to boost sales and public brand awareness, liaise with external key suppliers and agencies, and craft new policies when necessary. Furthermore, an associate vice president must promptly respond to issues and concerns and develop a budget for the company.

Associate Vice President Responsibilities

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

  • Leverage in-depth cloud manage service skills, rapid cloud deployment capabilities and DevOps strengths to optimize technical delivery.
  • Manage the RFP process for a new medical plan TPA delivering a savings of almost $1MM in fix costs.
  • Manage yearly close process and external audit, financial statement preparation and in-house payroll processing.
  • Manage departmental internal and client SharePoint sites, leading to improve communication, document access and process information.
  • Include forecasting sales, managing expense levels, project portfolio forecasting and oversight, and broker-dealer financial statement preparation.
  • Develop strategy for outsourcing legacy merchandising system support to manage costs and position team for new ERP system implementation.
  • Stabilize cloud base software service through technical innovation, project management and redesign of product release process.
  • Lead all activities including application development, technical infrastructure and vendor management for the deployment of distance education program.
  • Streamline processes for customer systems monitoring / alerting and implement reporting for service contract SLA's.
  • Ensure high availability through the continual improvement of processes and the development of standard operating processes base on ITIL principles.
Associate Vice President Traits
Management skills directly correlate with a person's ability to communicate and lead others while being able to solve problems..
Problem-solving skills is the way that one is able to effectively solve a problem in a timely manner.
Time-management skills is the efficient manner one is able to put their time to good use.

Associate Vice President Job Description

When it comes to understanding what an associate vice president does, you may be wondering, "should I become an associate vice president?" The data included in this section may help you decide. Compared to other jobs, associate vice presidents have a growth rate described as "as fast as average" at 6% between the years 2018 - 2028, according to the Bureau of Labor Statistics. In fact, the number of associate vice president opportunities that are predicted to open up by 2028 is 150,600.

On average, the associate vice president annual salary is $144,137 per year, which translates to $69.3 an hour. Generally speaking, associate vice presidents earn anywhere from $104,000 to $199,000 a year, which means that the top-earning associate vice presidents make $95,000 more than the ones at the lower end of the spectrum.

As is the case with most jobs, it takes work to become an associate vice president. Sometimes people change their minds about their career after working in the profession. That's why we looked into some other professions that might help you find your next opportunity. These professions include a senior director, group director, managing director, and president & chief operating officer.

Associate Vice President Jobs You Might Like

Associate Vice President Resume Examples

Associate Vice President Skills and Personality Traits

We calculated that 7% of Associate Vice Presidents are proficient in Healthcare, Oversight, and Portfolio. They’re also known for soft skills such as Management skills, Problem-solving skills, and Time-management skills.

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

  • Healthcare, 7%

    Increased annual healthcare sales 10+ percent (year over year) to $42M for 2010-13 in tough market conditions.

  • Oversight, 7%

    Provide management oversight for Certified Geriatric Care Management program, Personal Care Home Health program, and diabetic educational program.

  • Portfolio, 6%

    Partnered with managers from marketing, origination and portfolio management disciplines to provide impact of strategies/policies on overall credit risk.

  • AVP, 6%

    Moved into a directorship role, managing all matters related to transfer students; promoted to AVP in 2009.

  • Customer Service, 6%

    Implemented a proactive monitoring framework providing greater awareness, customer service, and designated responsible owners for each technology.

  • Project Management, 5%

    Established formal procedures around project management methodology before creation of project management office.

"healthcare," "oversight," and "portfolio" aren't the only skills we found associate vice presidents list on their resumes. In fact, there's a whole list of associate vice president responsibilities that we found, including:

  • Management skills can be considered to be the most important personality trait for an associate vice president to have. According to a associate vice president resume, "top executives must shape and direct the operations of an organization" associate vice presidents are able to use management skills in the following example we gathered from a resume: "managed a small team of engineers and developed a java based client/server agency management expert system utilizing oracle. "
  • While it may not be the most important skill, we found that many associate vice president duties rely on problem-solving skills. This example from a associate vice president explains why: "top executives need to identify and resolve issues within an organization." This resume example is just one of many ways associate vice presidents are able to utilize problem-solving skills: "developed and closed opportunities by designing solutions that integrate multiple service lines and business units into a comprehensive client solution. "
  • Associate vice presidents are also known for time-management skills, which can be critical when it comes to performing their duties. An example of why this skill is important is shown by this snippet that we found in a associate vice president resume: "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." We also found this resume example that details how this skill is put to the test: "project management included oversight of staff and adherence to strict deadlines. "
  • An associate vice president responsibilities sometimes require "leadership skills." The responsibilities that rely on this skills are shown by this resume excerpt: "top executives must be able to lead an organization successfully by coordinating policies, people, and resources." This resume example shows how this skill is used by associate vice presidents: "provide college leadership for faculty professional development programming, orientation sessions, and faculty evaluations including the development of e-portfolios. "
  • Another common skill for an associate vice president to be able to utilize is "communication skills." Top executives must be able to communicate clearly and persuasively an associate vice president demonstrated the need for this skill by putting this on their resume: "chaired quarterly meetings involving sales, customer service and support service departments to enhance communication and develop operational improvements. "
  • See the full list of associate vice president skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming an associate vice president. We found that 68.9% of associate vice presidents have graduated with a bachelor's degree and 20.0% of people in this position have earned their master's degrees. While most associate vice presidents have a college degree, you may find it's also true that generally it's impossible to be successful in this career with only a high school degree. In fact, our research shows that one out of every nine associate vice presidents were not college graduates.

    The associate vice presidents who went onto college to earn a more in-depth education generally studied business and finance, while a small population of associate vice presidents studied accounting and political science.

    When you're ready to become an associate vice president, you might wonder which companies hire associate vice presidents. According to our research through associate vice president resumes, associate vice presidents are mostly hired by Goldman Sachs, BlackRock, and Bank of America. Now is a good time to apply as Goldman Sachs has 37 associate vice presidents job openings, and there are 20 at BlackRock and 10 at Bank of America.

    But if you're interested in companies where you might earn a high salary, associate vice presidents tend to earn the biggest salaries at Advanced Medical Personnel Services, Agilent Technologies, and Nationwide Mutual Insurance .. Take Advanced Medical Personnel Services for example. The median associate vice president salary is $188,409. At Agilent Technologies, associate vice presidents earn an average of $183,914, while the average at Nationwide Mutual Insurance .. is $174,140. You should take into consideration how difficult it might be to secure a job with one of these companies.

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

    If you earned a degree from the top 100 educational institutions in the United States, you might want to take a look at Bank of America, Citi, and JPMorgan Chase. These three companies have hired a significant number of associate vice presidents from these institutions.

    The industries that associate vice presidents fulfill the most roles in are the finance and education industries. But the highest associate vice president annual salary is in the finance industry, averaging $141,625. In the technology industry they make $125,518 and average about $125,064 in the health care industry. In conclusion, associate vice presidents who work in the finance industry earn a 19.3% higher salary than associate vice presidents in the retail industry.

    The three companies that hire the most prestigious associate vice presidents are:

      What Senior Directors Do

      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.

      In this section, we compare the average associate vice president annual salary with that of a senior director. Typically, senior directors earn a $30,754 higher salary than associate vice presidents earn annually.

      Even though associate vice presidents and senior directors have vast differences in their careers, a few of the skills required to do both jobs are similar. For example, both careers require healthcare, oversight, and portfolio in the day-to-day roles.

      As far as similarities go, this is where it ends because an associate vice president responsibility requires skills such as "avp," "private equity," "new clients," and "financial statements." Whereas a senior director is skilled in "procedures," "analytics," "sr," and "cloud." So if you're looking for what truly separates the two careers, you've found it.

      Senior directors tend to make the most money in the pharmaceutical industry by averaging a salary of $191,522. In contrast, associate vice presidents make the biggest average salary of $141,625 in the finance industry.

      Senior directors tend to reach similar levels of education than associate vice presidents. In fact, senior directors are 2.3% more likely to graduate with a Master's Degree and 0.4% less likely to have a Doctoral Degree.

      What Are The Duties Of a Group Director?

      A group director is responsible for monitoring the operations of a specific team in an organization, ensuring that the group meets daily targets, providing the highest customer satisfaction for the company's services. Group directors work with senior management to identify business opportunities that would bring more revenues and increase the company's profitability. They also handle the department's budgets, allocating adequate resources for every team to support project deliverables. A group director must have excellent communication and leadership skills, analyzing business functions, and developing strategic ways to increase productivity.

      Now we're going to look at the group director profession. On average, group directors earn a $42,680 higher salary than associate vice presidents a 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 associate vice presidents and group directors are known to have skills such as "healthcare," "oversight," and "project management. "

      In addition to the difference in salary, there are some other key differences that are worth noting. For example, associate vice president responsibilities are more likely to require skills like "portfolio," "avp," "customer service," and "private equity." Meanwhile, a group director might be skilled in areas such as "strategic development," "kpi," "account management," and "medical group." These differences highlight just how different the day-to-day in each role looks.

      On average, group directors earn a higher salary than associate vice presidents. There are industries that support higher salaries in each profession respectively. Interestingly enough, group directors earn the most pay in the technology industry with an average salary of $207,266. Whereas, associate vice presidents have higher paychecks in the finance industry where they earn an average of $141,625.

      In general, group directors study at similar levels of education than associate vice presidents. They're 2.1% less likely to obtain a Master's Degree while being 0.4% less likely to earn a Doctoral Degree.

      How a Managing Director Compares

      A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

      The managing director profession generally makes a higher amount of money when compared to the average salary of associate vice presidents. The difference in salaries is managing directors making $42,622 higher than associate vice presidents.

      While looking through the resumes of several associate vice presidents and managing directors we discovered that both professions have similar skills. These similarities include skills such as "healthcare," "oversight," and "portfolio," but they differ when it comes to other required skills.

      As mentioned, these two careers differ between other skills that are required for performing the work exceedingly well. For example, gathering from associate vice presidents resumes, they are more likely to have skills like "avp," "professional development," "ensure compliance," and "deans." But a managing director might have skills like "financial services," "account management," "asset management," and "product development."

      Managing directors make a very good living in the finance industry with an average annual salary of $198,652. Whereas associate vice presidents are paid the highest salary in the finance industry with the average being $141,625.

      Managing directors are known to earn similar educational levels when compared to associate vice presidents. Additionally, they're 1.0% more likely to graduate with a Master's Degree, and 3.6% more likely to earn a Doctoral Degree.

      Description Of a President & Chief Operating Officer

      A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.

      President & chief operating officers tend to earn a higher pay than associate vice presidents by about $95,126 per year.

      According to resumes from both associate vice presidents and president & chief operating officers, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "healthcare," "oversight," and "risk management. "

      While some skills are shared by these professions, there are some differences to note. "portfolio," "avp," "customer service," and "project management" are skills that have shown up on associate vice presidents resumes. Additionally, president & chief operating officer uses skills like product development, partnerships, start-up, and daily operations on their resumes.

      In general, president & chief operating officers make a higher salary in the energy industry with an average of $200,325. The highest associate vice president annual salary stems from the finance industry.

      In general, president & chief operating officers reach similar levels of education when compared to associate vice presidents resumes. President & chief operating officers are 0.4% less likely to earn their Master's Degree and 3.2% less likely to graduate with a Doctoral Degree.