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Senior vice president vs associate vice president

The differences between senior vice presidents and associate vice presidents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $137,944 average annual salary of an associate vice president.

The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for an associate vice president are healthcare, oversight, and portfolio.

Senior vice president vs associate vice president overview

Senior Vice PresidentAssociate Vice President
Yearly salary$194,770$137,944
Hourly rate$93.64$66.32
Growth rate6%6%
Number of jobs61,38068,260
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Average age5247
Years of experience--

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.

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 vice president vs associate vice president salary

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

Senior Vice PresidentAssociate Vice President
Average salary$194,770$137,944
Salary rangeBetween $125,000 And $302,000Between $97,000 And $194,000
Highest paying CitySeattle, WARohnert Park, CA
Highest paying stateWashingtonRhode Island
Best paying companyBrookfield PropertiesArkansas State University, Mountain Home
Best paying industryMediaRetail

Differences between senior vice president and associate vice president education

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

Senior Vice PresidentAssociate Vice President
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior vice president vs associate vice president demographics

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

Senior Vice PresidentAssociate Vice President
Average age5247
Gender ratioMale, 74.9% Female, 25.1%Male, 62.5% Female, 37.5%
Race ratioBlack 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%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 Percentage12%10%

Differences between senior vice president and associate vice president duties and responsibilities

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.
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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.
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Senior vice president vs associate vice president skills

Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%
Common associate vice president skills
  • Healthcare, 7%
  • Oversight, 7%
  • Portfolio, 6%
  • AVP, 6%
  • Excellent Interpersonal, 5%
  • Project Management, 5%

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