Senior vice president vs managing director

The differences between senior vice presidents and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a senior vice president, becoming a managing director takes usually requires 4-6 years. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for a managing director are healthcare, portfolio, and business development.

Senior vice president vs managing director overview

	Senior Vice President	Managing Director
Yearly salary	$194,770	$129,690
Hourly rate	$93.64	$62.35
Growth rate	6%	6%
Number of jobs	61,380	81,022
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 68%
Average age	52	44
Years of experience	-	6

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 a managing director do?

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.

Senior vice president vs managing director salary

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

	Senior Vice President	Managing Director
Average salary	$194,770	$129,690
Salary range	Between $125,000 And $302,000	Between $72,000 And $233,000
Highest paying City	Seattle, WA	New York, NY
Highest paying state	Washington	New York
Best paying company	Brookfield Properties	Paul, Weiss, Rifkind, Wharton & Garrison
Best paying industry	Media	Finance

Differences between senior vice president and managing director education

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

	Senior Vice President	Managing Director
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Senior vice president vs managing director demographics

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

	Senior Vice President	Managing Director
Average age	52	44
Gender ratio	Male, 74.9% Female, 25.1%	Male, 73.5% Female, 26.5%
Race ratio	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%	Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	12%	10%

Differences between senior vice president and managing director 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.

Managing director example responsibilities.

Create and manage the social media presence via a festival page on Facebook.
Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
Manage denials and expedite managed care appeals (reimbursement reconsideration).
Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.

Senior vice president vs managing director skills

Common senior vice president skills

Financial Services, 8%
SVP, 7%
Oversight, 6%
Healthcare, 6%
Risk Management, 5%
Project Management, 4%

Common managing director skills

Healthcare, 7%
Portfolio, 7%
Business Development, 6%
Oversight, 6%
Project Management, 5%
Customer Service, 5%

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Senior Vice President vs Managing Director

Updated January 8, 2025

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