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Vice president vs assistant vice president

The differences between vice presidents and assistant vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a vice president and an assistant vice president. Additionally, a vice president has an average salary of $158,637, which is higher than the $125,190 average annual salary of an assistant vice president.

The top three skills for a vice president include healthcare, oversight and project management. The most important skills for an assistant vice president are AVP, risk management, and project management.

Vice president vs assistant vice president overview

Vice PresidentAssistant Vice President
Yearly salary$158,637$125,190
Hourly rate$76.27$60.19
Growth rate6%6%
Number of jobs119,53041,222
Job satisfaction4-
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 72%
Average age5252
Years of experience--

What does a vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

What does an assistant vice president do?

An assistant vice president is responsible for supporting the company's strategies and procedures for growth and development, working alongside the board executives. Assistant vice presidents should ensure that all the company's policies and legal procedures comply with all employees. They also supervise every operations department's head to ensure the smooth flow of business processes, providing additional assistance and resources as needed. Assistant vice presidents also monitor the company's expenses and sales goals to improve the business' performance and profitability.

Vice president vs assistant vice president salary

Vice presidents and assistant vice presidents have different pay scales, as shown below.

Vice PresidentAssistant Vice President
Average salary$158,637$125,190
Salary rangeBetween $107,000 And $235,000Between $96,000 And $163,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew YorkRhode Island
Best paying companyBrookfield PropertiesMetLife
Best paying industryManufacturingFinance

Differences between vice president and assistant vice president education

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

Vice PresidentAssistant Vice President
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Vice president vs assistant vice president demographics

Here are the differences between vice presidents' and assistant vice presidents' demographics:

Vice PresidentAssistant Vice President
Average age5252
Gender ratioMale, 65.8% Female, 34.2%Male, 59.8% Female, 40.2%
Race ratioBlack or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.6% White, 76.3% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between vice president and assistant vice president duties and responsibilities

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

Assistant vice president example responsibilities.

  • Implement budget report which allow unit to achieve expense objective of $25MM/397 FTE target.
  • Manage and update controls and procedures as needed to maintain SOX compliance and manage quarterly testing for the department.
  • Manage the BSA portion of all regulatory examinations with outside auditors and regulators.
  • Manage daily ACH transfers and wire transactions including verifying all investor distributions are process.
  • Manage Citi's capital planning and funding process and develop recommendations for capital utilization.
  • Prepare presentations, contracts, manage logistics, provide quality control and safety requirements.
  • Show more

Vice president vs assistant vice president skills

Common vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%
Common assistant vice president skills
  • AVP, 9%
  • Risk Management, 6%
  • Project Management, 5%
  • Oversight, 5%
  • Rehabilitation, 5%
  • PowerPoint, 4%

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