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Senior banker vs associate vice president

The differences between senior bankers and associate vice presidents can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate vice president has an average salary of $137,944, which is higher than the $66,444 average annual salary of a senior banker.

The top three skills for a senior banker include bank policies, cross-selling and financial services. The most important skills for an associate vice president are healthcare, oversight, and portfolio.

Senior banker vs associate vice president overview

Senior BankerAssociate Vice President
Yearly salary$66,444$137,944
Hourly rate$31.94$66.32
Growth rate4%6%
Number of jobs23,05168,260
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Average age4547
Years of experience6-

What does a senior banker do?

A senior banker works in a banking facility to help potential clients develop relationships with their company. They promote banking products such as credit cards, accounts, or loans to clients. They also have the responsibility of processing payments and reminding clients of payment deadlines.

What does an associate vice president do?

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.

Senior banker vs associate vice president salary

Senior bankers and associate vice presidents have different pay scales, as shown below.

Senior BankerAssociate Vice President
Average salary$66,444$137,944
Salary rangeBetween $28,000 And $153,000Between $97,000 And $194,000
Highest paying CityNew York, NYRohnert Park, CA
Highest paying stateNew YorkRhode Island
Best paying companyCitiArkansas State University, Mountain Home
Best paying industryFinanceRetail

Differences between senior banker and associate vice president education

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

Senior BankerAssociate Vice President
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior banker vs associate vice president demographics

Here are the differences between senior bankers' and associate vice presidents' demographics:

Senior BankerAssociate Vice President
Average age4547
Gender ratioMale, 52.8% Female, 47.2%Male, 62.5% Female, 37.5%
Race ratioBlack or African American, 8.9% Unknown, 4.6% Hispanic or Latino, 15.8% Asian, 6.3% White, 63.9% American Indian and Alaska Native, 0.5%Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.8% American Indian and Alaska Native, 0.7%
LGBT Percentage8%10%

Differences between senior banker and associate vice president duties and responsibilities

Senior banker example responsibilities.

  • Attain NMLS identification number for mortgage origination.
  • Identify opportunities for cross-selling of value-ad bank products and services.
  • Develop business relationships and provide financial advisory skills for business owners seeking depository accounts, notary services and lines of credit.
  • Participate in telemarketing and other banking center calling and marketing initiatives.

Associate vice president example responsibilities.

  • Leverage in-depth cloud manage service skills, rapid cloud deployment capabilities and DevOps strengths to optimize technical delivery.
  • 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.
  • Lead all activities including application development, technical infrastructure and vendor management for the deployment of distance education program.
  • Show more

Senior banker vs associate vice president skills

Common senior banker skills
  • Bank Policies, 16%
  • Cross-Selling, 10%
  • Financial Services, 8%
  • Client Relationships, 7%
  • Real Estate, 6%
  • Credit Products, 6%
Common associate vice president skills
  • Healthcare, 7%
  • Oversight, 7%
  • Portfolio, 6%
  • AVP, 6%
  • Excellent Interpersonal, 5%
  • Project Management, 5%

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