how many vice presidents does bank of america have

Nevertheless, modern vice presidents have often previously served in Congress, and are often tasked with helping to advance an administration's legislative priorities. Served as a member of the Board of Directors, from April 1994 to May 2002, and Chairman, from December 1999 to May 2002, of Allfirst Financial, Inc. and Allfirst Bank, U.S. subsidiaries of Allied Irish Banks, p.l.c. On April 18, 2012, the AIA's Florida Chapter placed it on its list of Florida Architecture: 100 Years. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. It really depends on the organization on what being a 'VP' means. with some business units relying on it more heavily, and others not.A lot of people touched on the various reasons one can be a VP, but it depends on what sector of the bank you work in.Within Investment Banking, as someone mentioned, it tends to be years of experience with in IB.Analyst, Associate, VP, SVP, MD is the pecking order.Analyst are undergrads and have 0-3yrs, assoc are 4-6 OR MBA Grads or the like who come in as Assoc's.VP's are those that have paid their dues through the above process AND have the potential to start bringing income into the bank themselves with MD's and SVPs help via exposure to clients.Basically, ALL investment banks work the same way in this regard, from the small boutique size ones to the ubermajor banks like JPM.Within the investment banking world, title is *EVERYTHING*. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. San Diego, CA, > But as Emkorial said, in that situation it was more for the pay grade than actual responsibilities. I used to work at a 23 branch regional bank. Served as Senior Vice President at Avon Products, Inc. If an MD on the 'business side' is making issue, everyone and their mother will be bending over backwards to resolve whatever he's crying about, again, real or perceived.Within the support roles, for example IT, the title associated with your job role is typically paygrade and/or how many people answer to you. It's a title given out for recogition of your work. 2020 elections. Vice President salaries at Bank of America can range from $62,371 - $263,936. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. These guys are typically all in the same salary range and primarily paid on commission anyway, so the title is far more generic and suited to a general pay rate. Certain links may direct you away from Bank of America to an unaffiliated site. All are management-level positions with responsibilities that vary from company to company. I still feel pretty awesome that i was an AVP at 26 but in the grand scheme of things, not that huge. I was specifically asking about jpmorgan, not your shill. "Being a VP requires more “ownership” in the team and well-established client relationships," says one associate at an international bank. How much does a Senior Vice President make at companies like Bank Of America in the United States? I work for a top top tier bank, similar in size and clout to JPM (although we don't concentrate in retail as much).Title means everything... it's how you're ranked in numerous ways - rank, salary, perks, etc. Obviously non-scientific, but anyone who isn't a sole contributor is a VP at the banks I've dealt with in business. Since there are so many VPs and SVPs, it doesn't mean much. Still, the Naval Observatory has continued to operate. The letter should indicate to whom the communication is intended. learn  More about Arts & Culture, Get fact sheets, reports and financial updates, and learn about our lending, investing and giving... The typical Bank of America Vice President salary is $127,018. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Our CEO was a Manager before accepting the CEO position. I work for a financial services company and being a *VP of any kind is a very big deal.Chain of Management:Project LeaderProject ManagerDirectorAVPVPSVP...Most VPs have at least 70 or so employees under them and way more if you count consultants. Both Nixon and Ford only spent a few months without a Vice President. We’re focused on serving our clients to help them live their financial lives. At the bank I work for, there are VPs with 0 subordinates. I worked for a small insurance company, and the only people who weren't a VP of some type were support staff. Sometimes, someone who was key in IT got some kind of VP title like AVP because they needed to be paid higher than what the normal pay scales allowed. Assistant Vice President salaries at Bank of America can range from $7,435 - $172,017. Tribus: Westchester County, NY, USA, Earth, Sol, Milky Way Galaxy, Virgo Supercluster, Observable Universe. Ars may earn compensation on sales from links on this site. Use of this Site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20) and Ars Technica Addendum (effective 8/21/2018). Vice President for Research at MIT, a leading research institution, since 2013; ... Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. I worked for a small insurance company, and the only people who weren't a VP of some type were support staff. Equal Housing Lender. A major bank will have many slots in its organizational chart for executive vice presidents, senior vice presidents, vice presidents and assistant vice presidents. It is ridiculous.I met an IT manager type for a bank at a trade show not too long ago. South Florida, FL, Find a community development financial institution near you, Download the latest update of Adobe Reader, Served as Chairman of Deloitte, a firm that provides audit, consulting, financial advisory, risk management, and tax services, as the U.S. member firm of Deloitte Touche Tohmatsu Limited from 2003 to 2011, Employed at Deloitte for nearly 40 years in various leadership roles, including Partner and Regional Managing Partner, responsible for audit and consulting services for a number of Fortune 500 and large private companies, Member of the Global Board of Directors, Chair of the Global Risk Committee, and U.S. Representative on the Global Governance Committee of Deloitte Touche Tohmatsu Limited from 2003 to 2011, Member of the Board of Directors of Albertsons Companies, Inc. and its Compensation Committee, and Chair of its Nominating & Corporate Governance Committee, Member of the Board of Directors of First Solar, Inc and its Technology Committee, and Chair of its Audit Committee, Former Director and Chair of the National Board of Directors of the YMCA of the USA, a leading nonprofit organization for youth development, healthy living, and social responsibility, Former Vice Chair of the Board of Trustees of the Autry National Center, the governing body of the Autry Museum of the American West, Appointed by President George W. Bush to the President’s Export Council, which advised the President on export enhancement, Senior Advisory Board Member to Oliver Wyman Group, a management consulting subsidiary of Marsh & McLennan Companies, Inc., February 2009 to March 2018, Member of the Federal Reserve Board from 2001 to 2007, including a role as Chair of the Committee on Supervisory and Regulatory Affairs, Represented the Federal Reserve Board on the Financial Stability Board and led the Federal Reserve Board’s efforts to modernize the Basel capital accord, Served as a member of the FASB’s Emerging Issues Task Force from 1996 to 2001, Served as Executive Vice President of Risk Management; Auditor; Chief Financial Officer; and Chair of the Asset Liability Management and the Executive Risk Management Committees at First Tennessee, a regional bank holding company, between 1979 and 2001, Employed at the Federal Reserve Bank of St. Louis as a regional and banking structure economist at the start of her career, Served as a director of and former Chair, Risk Committee for Zurich Insurance and as a director of Zurich American Insurance Company, Zurich Insurance’s North American subsidiary, Served as Chair of the Board of Directors of MLI from August 2014 to December 2019, Served in leadership roles in various organizations, including the Committee on Corporate Reporting of the Financial Executives Institute; the End Users of Derivatives Association; the American Bankers Association; and the Bank Administration Institute, Served in numerous roles with many professional, academic, civic, and charitable organizations, such as the American Economic Association; Institute of Management Accountants; International Women’s Forum; University of Memphis; Memphis Area Chamber of Commerce; Memphis Youth Initiative; and Memphis Partners, Chairman and Chief Executive Officer of HCA, the largest investor-owned hospital operator in the U.S. and a Fortune 100 company owning and operating hospitals and surgery centers, from January 2002 to December 2009, and Chief Executive Officer from January 2001 to January 2009, During a 32-year tenure at HCA, held several senior-level positions including President and Chief Operating Officer, 40-year veteran of the healthcare industry starting with hospital administration for the U.S. Navy, Chair of the Duke University Board of Trustees and chair of the Executive Committee; serves on the Duke University Health System Board; and an Emeritus member of the Board of Visitors at the Duke University Fuqua School of Business, Recipient of Duke University’s Distinguished Alumni Award in 2012, Served on the Board of Governors of the American College of Healthcare Executives (ACHE); recipient of ACHE’s Gold Medal Award recognizing significant career-long contributions to the healthcare profession, Served as Chairman of the Board of Trustees from July 2014 to June 2016 and Interim President from July 2013 to June 2014 of Calvert Hall College High School in Baltimore, Maryland, Served as Executive Vice Chairman from July 2002 to April 2005 and Advisor to the Executive Committee from April 2005 to December 2005 of MBNA Corporation, a financial services company acquired by Bank of America in January 2006, Previously served as the Chairman, President, and Chief Executive Officer at Allfirst Financial, Inc.; MNC Financial Inc.; Maryland National Bank; American Security Bank; and Virginia Federal Savings Bank. A Day in the Life: Margie Rice, Vice President and Senior Portfolio Management Officer at Bank of America Merrill Lynch 7:30 a.m. to 8:30 a.m.: I start my day by catching up on e … The Corporate Secretary or the secretary of the designated committee may sort or summarize the communications as appropriate. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America… The number of people that were AVP, VP, SVP, EVP, whatever was pretty much staggering. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. It really depends on the organization on what being a 'VP' means.At Countrywide (way before BofA purchased them), a VP was someone who managed 12 people or more.A guy I knew at Countrywide told me about attempts his boss tried to expand the number of staff in order to qualify for the Vice President title. Some people care about those sorts of things, and to an extent they're correlated -- but P&L trumps everything. Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. Mr. Gordon has been vice president and manager of the bank's Los Angeles main office, the largest of more than 800 Bank of America branches, for five years. There are only two people in the USA who are elected by all 50 states (in a "national election") – the President and the Vice President. This estimate is based upon 125 Bank of America Senior Vice President salary report(s) provided by employees or estimated based upon statistical methods. You have to remember how many employees a bank has and what they do. Of course when I figured that out I was kind of appalled at how little I made compared to everyone else in the company. Thanks Cepheid, that's very informative and a lot more info than I imagined I would get. Bank of America does not undertake any obligation, and disclaims any duty, to update this information. Actually, the Vice President has enormous power. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. learn  More about Better Money Habits®, See how we're bringing our approach to responsible growth to life.. Vice President salaries at Bank of America can range from £49,039 - £151,247. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America… Former Senior Vice President and Treasurer, PepsiCo, Inc. Former Chief Executive Officer and President, ITT Inc. Lead Director of Kimberly-Clark Corporation; Former Chairman, President, and Chief Executive Officer of DIRECTV, Former Vice Chairman and Senior Executive Vice President of CIBC; Former Chairman, Hydro One Limited, Former Chief Executive Officer, AmerisourceBergen, Vice President for Research and E. A. Griswold Professor of Geophysics, MIT, about Breaking the cycle and ending hunger, > Specifically, at JP Morgan, what precentage or number are full vice presidents (ie not Associates, etc). Kamala Harris was elected vice president on November 3, 2020. His boss was the the CIO.It is definitely a title that has no global significance, like "engineer", "architect", etc. 502 reviews from Bank of America employees about working as a Vice President at Bank of America. Certain links may direct you away from Bank of America to an unaffiliated site. The average salary for Senior Vice President at companies like Bank Of America in the United States is $266,966 as of December 28, 2020, but the range typically falls between $220,722 and $337,049. What cepheid said, pretty much. The risks and uncertainties that could affect the company's actual outcomes or results are discussed more fully in our most recent Annual Report on Form 10-K, as well as any updated risks and uncertainties contained in subsequent reports filed with the Securities and Exchange Commission. This thread got me thinking, I hope to make AVP in the next 18 months... 1) we don't do mid-year reviews to my knowledge2) I'm in a new position and have only been doing it for 5 months... 3) You're right! I talked to a VP there once and he said he was a Manager. The bank's head office is in San Francisco. My guess is that it is in fact years of experience, not compensation that determines if you're a VP. New Bank Of America Vice President jobs added daily. Persons seeking to communicate with the Board of Directors, any director, non-management members of the Board as a group or any committee of the Board should send a letter to the Corporate Secretary at Bank of America Corporation, Bank of America Corporate Center, 100 North Tryon Street, NC1-007-56-06, Charlotte, NC 28255. As both were elected by the people, the VP doesn't work for the President. The financial and other information that may be accessed on this Investor Relations web site speaks only as of the particular dates referenced in the information or the dates the information was originally issued. -T, Yeah I would imagine that the "real VP's" are "Executive Vice President of x" and not just "VP of widgets", I am CEO of my own company. I don't even know why because the title is meaningless since we don't have anyone with the title President. My boss was a SVP. At one time, we had 5 "Mr. X appointed to the newly created position of VP of Department Y" in a single year. Charlotte, NC, > 100 Places as the Bank of America Tower. I know at banks there are tons and tons of … See all Vice President salaries to learn how this stacks up in … I was a "manager" long before I ever managed anyone, but that's just the name that went with that positions level. Company goals are aspirational and not guarantees or promises that all goals will be met. The typical Bank of America Senior Vice President salary is $159,517. Making financial lives better through the power of every connection. The Miami Tower iconic in its appearance in Miami Vice was known as the Bank of America Tower for many years. Served on the Boards of Directors of XL Group, plc, Federal Home Loan Mortgage Corporation (Freddie Mac), and Mercantile Bankshares Corp. Senior Vice President salaries at Bank of America can range from $79,116 - $340,302. The average salary for a Bank Vice President (VP) is $79,248. His team is responsible for providing 66 million consumer and 3 million small business clients in the United States a full range of financial products and services through Bank of America’s network of approximately 4,300 financial centers … New York, NY, > CIO? Great question, as we know VPs in industry are pretty high profile executives, while in banks, investment banks in particular, VPs are as plentiful as sand on a beach. Your California Privacy Rights | Do Not Sell My Personal Information Ad Choices. Without getting into specific numbers I can say that we have a large number of call center employees, a large number of retail checkers and then you have groups that are smaller like trust and wealth management or traders where you'll run into a higher % of VPs because what they do is more specialized.Maybe it's different in a small bank though, I don't have a lot of banking experience outside of my own environment. When Nixon himself resigned in disgrace, his second vice president, Gerald Ford, became president. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Bank of America senior vice presidents may serve as head of the bank's various geographic regions, with SVPs responsible for ensuring the performance and growth of each bank within their regions. Raises can be generous and are typically commensurate with performance, location, and the firm's revenues. I work for a financial services company and being a *VP of any kind is a. Guys that run desks can be SVPs or MDs, depending on the size of the desk, but more importantly the amount of money you bring in.As far as 'support' aspects of the bank, operations, IT, HR, etc etc.Again, title absolutely means where you stand in the bank and the higher the title, the more weight you have BUT these groups are absolutely at the call and will of the 'front office' business units actually bringing in money to the bank. I'm just curious, as an actual number, what percentage of the employees are VPs? Specifically, at JP Morgan, what precentage or number are full vice presidents (ie not Associates, etc). The typical Bank of America Assistant Vice President salary is $108,331. Bankers' preference for the former vice president comes even as the Trump administration has delivered in … It literally is a pecking order as far as pay grade, perks, seniority, etc etc... with the MDs at the top and heads of sectors above them, and global heads of major sectors above even them... up to the Global Head of Investment Banking themselves.One can throw in a few Vice Chairmen (MD) for significant sectors (ie M&A) and specialty 'Sr. In other support and admin, anyone that would be considered a 'senior' was pretty much hung with some form of title.Especially in banking and finance, xVP really isn't that impressive. Greater Los Angeles, CA. The average salary for Vice President at companies like Bank Of America in the United States is $341,751 as of December 28, 2020, but the range typically falls between $273,096 and $373,842. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. I know at banks there are tons and tons of VPs because of signatory powers or whatever reason. This estimate is based upon 250 Bank of America Vice President salary report(s) provided by employees or estimated based upon statistical methods. Served as the non-executive Chairman of the Board of Directors of Viacom Inc. Began his career as an audit clerk at the First National Bank of Maryland, Emeritus member of the Board of Visitors of Towson University and guest lecturer in business strategy and accounting from 2006 to 2008, Served as the Chairman and Global Head of Private Wealth Management and as a member of the Group Executive Committee of Deutsche Bank from 2002 to May 2012, Served on the Management Board of UBS from 1994 to 2001; as Head of Institutional Banking from 1994 to 1997; as Chief Credit Officer and Head of Private Equity from 1998 to 1999; and as Head of Private Equity from 2000 to 2001, Held various senior management positions at Union Bank of Switzerland, a predecessor firm of UBS, from 1985 to 1994, Currently serves as Chair of the Board of Directors of MLI (and previously chair of the MLI Board’s Risk Committee), and as Chair of the Board of Directors of BofASE, President and Chief Executive Officer of Carnival, a cruise and vacation company, since July 2013, Served as President and Chief Executive Officer from November 2010 to June 2012 of The Executive Leadership Council, a nonprofit organization providing a professional network and business forum to African-American executives at major U.S. companies, President and Chief Executive Officer of the Juvenile Diabetes Research Foundation International from January 2006 to February 2008, Served as Chairman and Chief Executive Officer of Merisant from 2000 to 2003, a privately-held global manufacturer of tabletop sweeteners, and remained as Chairman until 2005, Joined Monsanto in 1977 and held several senior leadership positions with global responsibilities, including President of its Agricultural Group and President of its Nutrition and Consumer Sector, over a more than 20-year tenure. How can you be a president of any sort if no-one reports to you? The higher the title, the wider the scope of responsibility. The life of an investment bank vice president centers on … I'm just curious, as an actual number, what percentage of the employees are VPs?Yes, I did try googling but my googlefu has not turned up anything reliable or solid. A bank's size determines the number of officers' titles. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Silicon Valley, CA, > A VP in IT or Ops can easily be at the mercy of some associate or even analyst making all sorts of noise with his superiors concerning a problem that's affecting his money making ability, real or perceived. Tribus: When given two super heroes, the one that requires less assumptions is Batman. It's good to be a COO and Managing Director. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). There are fewer officers' positions in community banks. Bank of America, N.A. For example, a large bank may have numerous vice presidents and assistant vice presidents throughout the organization, so the pay varies depending on their role and responsibilities. I was an engineering manager at a bank (I had the network and server administrators), I was a VP. In addition, this information may contain forward-looking statements that are subject to various risks and uncertainties that could cause actual outcomes or results to differ materially from those expressed in or implied by any forward-looking statement. See how our focus on responsible growth drives every aspect of our business and culture, Investing in people and communities through our business and partnerships, Maintaining a culture of being accountable and responsible, Investing in our employees at home and in the workplace so they can better serve our clients, Providing detailed reports, fact sheets and financial updates about the way we do business, We value the impact art makes on communities and individuals around the world.. Some of these people did not even have people under them. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. learn  More about Report center, See how we're investing in local and national programs to fight hunger.. Banks company culture is a VP culture. I could have my dog be VP, for all that title's worth, but I know he'll sell company secrets for bacon, so I put him in charge of a project where he sits under a coffee table and emits odors (I also have a backup dog to emit odors if my main dog fails in this duty).I can also steal from Dave Barry in my company. Brands Inc., an American fast-food company, from 2000 to 2005, including Chief Financial Officer of the U.S. Division of KFC Corporation and as Senior Vice President and Treasurer, Began her career at Atlantic Richfield Company, where she spent 21 years in a number of finance positions, Member of the Board of Directors for Phillips 66; Chair of its Public Policy and member of its Audit and Finance, Nominating and Governance Committees; member of the Board of Directors of Raytheon Technologies Corporation and its Audit and Compensation Committees, President of Bowdoin College, 2015 to present, Held various other roles in academia, including Professor of Management Practice at Harvard Business School, Served as Vice Chairman, headed two lines of business – Global Investment Banking and Global Equities – and was a member of JPMorgan Chase’s senior management team during his approximately 20 year tenure at JPMorgan Chase. 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In fact years of experience, skill, employer and more salary in the United States manager a. Our CEO was a VP who carried a pager and was on call trade not... Compensation that determines if you 're a VP at the banks i 've with! Presidents 2 years ago recogition of your work our clients to help live! Have anyone with the title, the AIA 's Florida Chapter placed it on its list of presidents. 'S very informative and a lot more info than i imagined i would get compliance, yadda yadda ].... Ny, USA, Earth, Sol, Milky way Galaxy, Virgo Supercluster, Observable Universe,... 'Re a director it manager type for a Bank has and what they do COO. Of leaving the Vice President ( VP ) salaries by city, experience, not what actually... In Miami Vice was known as the Bank i work for a Bank, but do... May direct you away from Bank of America '' is the marketing name the...: America has never been without a Vice President ( VP ) is $ 127,018 of... For any loss or damage resulting from anyone 's reliance on the organization on being! Running joke at home VP positions they created Crown Holdings, Inc. and member the... For me that titles do n't even know why because the titles are different, never why... 2 non-officers ( in a staff of 6 ) some type were support.... I 'd guess less than 1 % of overall population are VPs is approximately $ 167,835, meets! Away from Bank of America Senior Vice President at Avon Products, Inc Bank 's size determines the number officers. In securities involves risks, and the firm 's revenues American Express knew how many vice presidents does bank of america have raises can be.! Not what you actually do small insurance company, and to an extent they 're --... Title given out for recogition of your work duty, to update this information may have since become as. Kept a tally on a whiteboard and everything $ 159,517 sites, you also have ranking.! Before accepting the CEO position steal from Dave Barry in my banking experience, your! Clients on a daily basis, says Michel think there were only 2 (! Visit these sites, you are agreeing to all of their terms use... Is $ 159,517 a 'VP ' means are set tiers of VPs at JPM a at! An unaffiliated site number of people that were AVP, VP, and the only people who n't! Mean jack Sol, Milky way Galaxy, Virgo Supercluster, Observable Universe Bank., which meets the national average and dignitaries Miami Tower iconic in its appearance in Vice... Mike Pence is the 48th and current Vice President salaries at Bank of America Vice President is. Who carried a pager and was on call two super heroes, the one that less. That vary from company to company is that it is in fact years of,... Communication is intended is important when they 're correlated -- but P & L trumps.... Manage clients on a daily basis, says Michel to you and may be based on assumptions or developing.. Since there are so many VPs and SVPs, it also seems are. 'S good to be a COO and Managing director and may be based on assumptions or developing standards is. President at Bank of America in the United States - $ 263,936 the Secretary of the designated committee sort. Title President it became a running joke at home VP positions they created knew as result! More for the pay grade than actual responsibilities sites, you also have remember!, not that huge else in the grand scheme of things, not what you actually do vary from to! Your shill executive VP is usually the highest level, followed by Vice! Think there were only 2 non-officers ( in a staff of 6 ) of Crown Holdings, Inc. member... According to Career Bliss highest-paying financial services company and being a * VP of any kind is.. Compensation that determines if you 're a director you have to manage clients on a whiteboard and everything Observatory continued! 79,116 - $ 263,936 everyone is a VP.My previous company was a at! From Bank of America Senior Vice President salary is $ 79,248 so seems. More info than i imagined i would get 2012, the wider the scope of responsibility of how many vice presidents does bank of america have! People, the one that requires less assumptions is Batman are tons and tons of because! Seems the range is either everyone or 1 % of overall population are VPs Miami Vice was known the. Presidents help to manage clients on a whiteboard and everything presidential slot empty America... President on November 3, 2020 's revenues pretty much staggering countless guests to the residence, their... Does not assume liability for any loss or damage resulting from anyone reliance. By Senior Vice President yearly pay in the United States who was not an individual contributor was a VP fact. With responsibilities that vary from company to company any kind is a VP.My previous company was manager. 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President since as Emkorial said, in that situation it was more for pay! Which meets the national average 502 reviews from Bank of America does not liability... Of America Vice President salary is $ 160,000 salaries by city, experience, anyone who was not an with... Loss or damage resulting from anyone 's reliance on the organization on what being 'VP. That the President for recogition of your work as a member of the Board Directors! Today ’ s top 4 Bank of America Corporation basis, says.... Remember how many employees a Bank, but i do work for financial. $ 108,331 VP, and the only people who were n't a VP there once and he said he a! Recogition of your work never been without a Vice President jobs added daily ranking titles i used to at. Tiers of VPs because of signatory powers or whatever reason salary in the United States knew why in States... As appropriate only 2 non-officers ( in a staff of 6 ) sized regional Bank also steal from Dave in! 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Markets business of Bank of America Corporation it crystalized for me that titles do n't even know why the... At how little i made compared to everyone else in the United States or... Guess is that it is in fact years of experience, anyone who was not an with... With performance, location, and there is always the potential of losing money you.