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Become A Vice President And Manager

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Working As A Vice President And Manager

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Communicating with Persons Outside Organization
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $135,400

    Average Salary

What Does A Vice President And Manager Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

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How To Become A Vice President And Manager

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. 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.

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Do you work as a Vice President And Manager?

Vice President And Manager Jobs

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Average Length of Employment
Vice President 4.1 years
Corporate Director 3.9 years
Top Employers Before
Manager 3.9%
Consultant 2.7%
President 2.0%
Top Employers After
Consultant 5.6%
President 4.3%
Director 2.7%
Manager 2.5%
Owner 2.5%

Do you work as a Vice President And Manager?

Vice President And Manager Demographics

Gender

Male

64.8%

Female

32.7%

Unknown

2.4%
Ethnicity

White

62.1%

Hispanic or Latino

14.8%

Black or African American

11.3%

Asian

8.1%

Unknown

3.7%
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Languages Spoken

Spanish

42.2%

French

11.4%

German

6.7%

Italian

5.1%

Portuguese

5.1%

Chinese

4.4%

Mandarin

3.2%

Carrier

2.9%

Japanese

2.9%

Hindi

2.5%

Cantonese

2.5%

Russian

2.2%

Urdu

1.9%

Arabic

1.9%

Korean

1.3%

Armenian

1.0%

Dakota

1.0%

Vietnamese

0.6%

Gujarati

0.6%

Greek

0.6%
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Vice President And Manager Education

Schools

University of Phoenix

14.4%

New York University

10.5%

Villanova University

5.5%

Hofstra University

5.4%

DePaul University

5.1%

Pace University - New York

4.8%

Michigan State University

4.4%

Northeastern University

4.4%

Northwestern University

4.3%

Pennsylvania State University

4.3%

University of Delaware

4.1%

Georgia State University

4.1%

University of Southern California

4.1%

Cornell University

3.9%

Harvard University

3.6%

Fordham University

3.5%

Auburn University

3.5%

University of Florida

3.5%

University of Washington

3.4%

Texas A&M University

3.3%
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Majors

Business

35.3%

Finance

18.2%

Accounting

7.3%

Management

5.6%

Marketing

5.1%

Economics

3.9%

Computer Science

2.8%

Law

2.6%

Political Science

2.4%

Communication

2.3%

Education

2.1%

Psychology

1.8%

Computer Information Systems

1.6%

Real Estate

1.6%

Human Resources Management

1.5%

Project Management

1.4%

English

1.2%

History

1.2%

Liberal Arts

1.1%

Criminal Justice

1.1%
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Degrees

Bachelors

43.1%

Masters

28.1%

Other

18.0%

Associate

4.2%

Doctorate

2.9%

Certificate

2.9%

Diploma

0.5%

License

0.3%
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Internship
Temporary

Real Vice President And Manager Salaries

Job Title Company Location Start Date Salary
Vice President, Prime Brokerage Risk Manager Bank of America N.A. New York, NY Jun 27, 2016 $190,000 -
$210,000
Vice President; Liquidity Risk Manager Bank of America N.A. New York, NY Feb 23, 2015 $190,000 -
$210,000
Vice President/Investment Manager of Real Estate Rosewood Investment Corporation New York, NY Nov 04, 2016 $188,000
Vice President, Senior Asset Manager JRK Property Holdings, Inc. Los Angeles, CA Apr 30, 2015 $185,080
Vice President, Market Risk Manager Deutsche Bank Securities, Inc. New York, NY Feb 08, 2016 $185,000
Vice President, Trade Surveillance/Actimize Development MGR Jpmorgan Chase & Co. Jersey City, NJ Nov 04, 2016 $185,000
Vice President, Learning & Development Manager Pacific Investment Management Company, LLC New York, NY Jun 17, 2016 $184,000
VP, Learning & Development Manager Pacific Investment Management Company, LLC New York, NY Apr 19, 2016 $181,000
Vice President Relationship Manager Mexico Espirito Santo Bank Miami, FL Oct 16, 2015 $176,200
Vice President-Application Manager Deutsche Bank New York, NY Sep 09, 2016 $175,000
Vp-Private Wealth Manager Banker JP Morgan Chase & Co New York, NY Oct 06, 2016 $173,846
Vice President/Department Manager Goldman, Sachs & Co. Salt Lake City, UT Jan 09, 2016 $173,700
VP, European Desk Manager & Country Manager, Spain Yer USA, Inc. Atlanta, GA Jun 24, 2015 $144,706
Vice President/Manager Goldman Sachs & Co. Jersey City, NJ Mar 13, 2015 $142,500
Vice President, Business Manager US Equity JP Morgan Chase & Co New York, NY Mar 03, 2016 $142,100
Vice President, Investment Manager River Cities Management, Inc. Cincinnati, OH Mar 12, 2015 $140,650
VP Market Risk Audit Manager Jpmorgan Chase & Co. New York, NY Jun 13, 2016 $140,000
Vice President, Audit Manager RBS Securities Inc. Stamford, CT Mar 28, 2016 $140,000
Vp/Risk Manager-Equities Alliancebernstein L.P. New York, NY Aug 16, 2016 $140,000 -
$160,000
Vice President, Relationship Manager, Financial Institutions Lloyds Bank PLC New York, NY Jan 03, 2016 $140,000
Vice President/Team Manager Goldman, Sachs & Co. Jersey City, NJ Jan 09, 2016 $120,700
Vice President, Enterprise Telecommunications Wireless Manager, Technology Division Morgan Stanley & Co. LLC New York, NY Jan 16, 2015 $120,505
VP Manager Partnerships & Mobile Wit Dot Media, Inc. San Francisco, CA Sep 18, 2015 $120,000
Vice President Professional Practices-Audit Manager MUFG Union Bank, N.A. New York, NY May 13, 2016 $120,000
Vice President, Business Manager Jpmorgan Chase & Co. New York, NY Jan 25, 2015 $120,000 -
$145,000
Vp/Development Manager Alliancebernstein L.P. New York, NY May 11, 2015 $120,000 -
$140,000
Vice President, Compliance Manager Jpmorgan Chase & Co. New York, NY Sep 16, 2015 $120,000 -
$147,000

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Top Skills for A Vice President And Manager

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  1. Loan Applications
  2. Compliance
  3. Financial Statements
You can check out examples of real life uses of top skills on resumes here:
  • Underwrite commercial loans and major construction loan applications and assure completeness of information and documentation.
  • Ensured compliance with SunTrust project methodology and SDLC to delivery technology solutions.
  • Provided direction to staff in data research and analysis to ensure accuracy in estimations and calculations used that affect financial statements.
  • Trained talent acquisition and management teams in applicant tracking processes and procedures.
  • Managed several hundred implementation projects to deliver financial software to new clients.

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Top Vice President And Manager Employers

Jobs From Top Vice President And Manager Employers

Vice President And Manager Videos

Learn how to manage a career by Nitin Paranjpe, President, Home Care, Unilever

A Day in the Life of Dow Corning Vice President of Global Security

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