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Senior officer vs senior vice president

The differences between senior officers and senior vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior officer, 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 $72,721 average annual salary of a senior officer.

The top three skills for a senior officer include real estate, professional development and SR. The most important skills for a senior vice president are financial services, SVP, and oversight.

Senior officer vs senior vice president overview

Senior OfficerSenior Vice President
Yearly salary$72,721$194,770
Hourly rate$34.96$93.64
Growth rate17%6%
Number of jobs84,19661,380
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 71%
Average age4652
Years of experience8-

What does a senior officer do?

The duties of a senior officer depend on their line of work or industry of employment. Typically, as a senior officer, it is their duty to supervise and coordinate staff, set goals and guidelines, manage budgets and schedules, gather and analyze data, and produce progress reports, presenting them to managers or executives. They may also address issues and concerns, resolving them promptly and efficiently. Furthermore, a senior officer must lead and encourage staff to reach goals while implementing the organization's policies and regulations.

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.

Senior officer vs senior vice president salary

Senior officers and senior vice presidents have different pay scales, as shown below.

Senior OfficerSenior Vice President
Average salary$72,721$194,770
Salary rangeBetween $39,000 And $134,000Between $125,000 And $302,000
Highest paying CityNew York, NYSeattle, WA
Highest paying stateNew YorkWashington
Best paying companyU.S. Securities and Exchange CommissionBrookfield Properties
Best paying industryFinanceMedia

Differences between senior officer and senior vice president education

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

Senior OfficerSenior Vice President
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior officer vs senior vice president demographics

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

Senior OfficerSenior Vice President
Average age4652
Gender ratioMale, 67.6% Female, 32.4%Male, 74.9% Female, 25.1%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%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 Percentage11%12%

Differences between senior officer and senior vice president duties and responsibilities

Senior officer example responsibilities.

  • Manage ERP system implementation, reduce lead-time; improve quality control, and outsourcing.
  • Lead RFP's, RFQ's and RFI's for vendor selections for various technology projects.
  • Collaborate with the staff of support departments to manage the process from loan origination to loan closure.
  • Manage an ERP system upgrade assessment for a large, global manufacturer and distributor of home products (Amway).
  • Manage a portfolio of bond loans secure by affordable multifamily housing.
  • Manage a portfolio of donor prospects involving meeting, cultivation, solicitation and stewardship.
  • 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.
  • Show more

Senior officer vs senior vice president skills

Common senior officer skills
  • Real Estate, 19%
  • Professional Development, 19%
  • SR, 18%
  • Origination, 15%
  • Risk Management, 5%
  • Portfolio, 4%
Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%

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