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. I have asked her to relocate to Paris and assume this enterprise-wide vice chair role providing leadership within and beyond our European presence. The average pay for a Vice President Commercial Bank is $154,462 a year and $74 an hour in the United States. Former Vice Chairman and Senior Executive Vice President, Canadian Imperial Bank of Commerce. Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. From 2012 to 2017, he served as the Judith and John Bedrosian Chair in Governance and the Public Enterprise at the University of Southern California's Sol Price School of Public Policy. The life of an investment bank vice president centers on two responsibilities: completing pitch books and managing client relationships. In business, the duties of vice presidents vary with the organization. lee.mcentire@bofa.com, Jessica Oppenheim, Bank of America Its owner is solely responsible for the websites content, offerings and level of security, so please refer to the websites posted privacy policy and terms of use. Bruce Thompson continues as vice chair and head of Wholesale Credit, including Wholesale Credit Strategy which will move to his organization. An assistant vice president may serve as a team leader in project management or work directly with clients. Ms. Pike is also the former President of Business Banking at Bank of America, as well as, the former President of California for that corporation. Vice President, Operations Policy and Country Services. Matthew Koder, president of Global Corporate & Investment Banking (GCIB) will continue to lead this business, inclusive of Global Transaction Services. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. The salaries of Senior Vice President, Senior Banker, Private Banks in the US range from $168,000 to $252,000 , with a median salary of $210,000 . Typically, senior managers are higher than vice presidents, although many times a senior officer may also hold a vice president title, such as executive vice president and chief financial officer (CFO). How much does the CFO of Bank of America make? Reveal email . Phone: 1.646.855.1600 The Investment Banking Career Path. He leads a nationwide team that serves mid-sized, U.S.-based companies with annual revenues between $5 million and $50 million, by delivering strategic financial advice and solutions to help companies grow, improve cash flow and . In response, I have asked him to lead the transition in our chief financial officer organization in the fourth quarter, and to become a vice chair for the company. Robin Leopold, Head of Human Resources. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. Further, with her service as an executive director of BAE Systems plc (BAE Systems), Ms. Hudsons background provides her with international perspective, geopolitical insights, and experience as a leader of a large, international, highly regulated, complex business. Through his service on public company boards, he has board-level experience overseeing large, complex public companies in various industries, which provides him with valuable insights on corporate governance, human capital management, and risk management. He will also continue as a vice chair of our Global Diversity & Inclusion Council. How much does a VP at Capital One make? These ads are based on your specific account relationships with us. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have . Vice President, World Bank Group External and Corporate Relations. Dr. Rose has served as the president of Bowdoin College since 2015. jerome.f.dubrowski@bofa.com. Ms. Lozanos roles as the former Chief Executive Officer of College Futures Foundation, a charitable foundation working to increase the rate of college graduation for low-income California students, and as the former Chairman and Chief Executive Officer of ImpreMedia LLC (ImpreMedia), a leading Hispanic news and information company, enable her to bring her broad leadership experience in areas such as operations, marketing, and strategic planning to our Board. Raphael W. Bostic (Off-site) took office as the president of the Federal Reserve Bank of Atlanta on June 5, 2017. The typical Bank of America Vice President salary is 47,77,088 per year. Responsible for all aspects of Call Center and On Line . His board service with public companies gives him experience with risk management, global operations, and regulated businesses. Vice Chair, Head of Enterprise Credit. College Futures Foundation is a charitable foundation focused on increasing the rate of bachelors degree completion among California student populations who are low-income and have had a historically low college success rate, Served as Chair of the Board of Directors of U.S. Hispanic Media Inc., the parent company of ImpreMedia, a leading Hispanic news and information company, from June 2014 to January 2016, Served as Chairman of ImpreMedia from July 2012 to January 2016, Chief Executive Officer from May 2010 to May 2014, and Senior Vice President from January 2004 to May 2010, Served as Publisher of La Opinin, a subsidiary of ImpreMedia and the leading Spanish- language daily print and online newspaper in the U.S., from 2004 to May 2014, and Chief Executive Officer from 2004 to July 2012, Lead Independent Director of the Board of Directors of Target Corporation and member of its Governance & Sustainability Committee, Chair of its Compensation & Human Capital Management Committee, Member of the Board of Directors of Apple Inc. and its Audit and Finance Committee, Member of Californias Task Force on Jobs and Business Recovery, Served as a member of President Obamas Council on Jobs and Competitiveness from 2011 to 2012 and served on President Obamas Economic Recovery Advisory Board from 2009 to 2011, Serves on and Former Chair of the Board of Directors of the Weingart Foundation, Served as the Chair of the Board of Regents of the University of California, as a member of the Board of Trustees of The Rockefeller Foundation, as a member of the Board of Trustees of the University of Southern California, and as a member of the State of California Commission on the 21st Century Economy, Former Chief Executive Officer and President of ITT, a diversified manufacturer of critical components and customized technology solutions, from 2011 to 2019; Senior Vice President and Chief Financial Officer of ITT from 2007 to 2011, Served as Chief Financial Officer for Furniture Brands International, a former home furnishings company, from 2005 to 2007, Served in various roles at Yum! How much does a Senior Vice President make at Bank of America in the United States? Lee McEntire, Bank of America Who is higher ranking, a COO or a VP of operations? Raul A. Anaya is president of Business Banking, one of Bank of America's eight lines of business, and is a member of the company's executive management team. As Chief Financial Officer at BANK OF AMERICA CORP, Paul M. Donofrio made $12,001,200 in total compensation. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. How much does a Vice President make at JPMorgan Chase in the United States? Contact details. A better range would go from $80,000 to $200,000. He will also continue to oversee our Paycheck Protection Program (PPP) Forgiveness effort. Strong experience in project management and budgeting. How Do Rankings Work at the Different Banks? The executive VP is usually the highest level, followed by senior vice president, vice president, assistant VP, and associate VP. 14 Richard Blaine Studied at Texas Christian University Author has 2.1K answers and 2.9M answer views 2 y The salaries of Senior Vice President, Senior Banker, Private Banks in the US range from $168,000 to $252,000 , with a median salary of $210,000. Dean joined our company in 1996, and since that time has held senior, increasing leadership roles across consumer, preferred, small business, corporate lending, corporate strategy, and technology. TD Bank Group. This role directly builds on Pauls deep experience, expertise and relationships and will help drive these critical efforts forward for all those we serve. If you opt out, though, you may still receive generic advertising. An average senior vice president-operations typically have a masters degree in management, finance, or other related fields. In addition, Mr. Yost has experience leading a large, complex business. An assistant vice president is usually a regional director who provides high level management for a highly trained staff. Gail Caldwell Accountant at Nationwide Building Society Swindon . Average Bank of America Director yearly pay in the United States is approximately $158,632, which is 80% above the national average. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Former President and CEO, Carnival Corporation and Carnival plc. Is SVP higher than VP? Sharon Miller will continue to lead Small Business and take on additional responsibilities to include Specialty and Auto Lending. Big bank execs: What they take home When times were good, the top executives from the largest U.S. banks made a mint. Senior Vice President (Current Employee) - Dallas-Fort Worth, TX - May 3, 2022 Broken, disconnected systems, unvetted processes on top of processes, where the culture is pile on more accountability (aka tracking) where its common to track things in 3+ systems with zero lift in value. Senior Executive Vice President, Transformation, Enablement and Customer Experience. You are continuing to another website that Bank of America doesnt own or operate. September 27, 2021 Depending on the bank's location, the work involved,. Paul Newman Senior Vice President Bank of America | LinkedIn. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. Likewise,who is senior vice president bank of america? This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. With Cathys move to Europe, we are creating two distinct, dedicated organizations with deeply experienced leaders covering the former technology and operations organization. An executive vice president is higher ranking than a senior VP, and generally has executive decision-making powers. Assistant vice presidents may or may not supervise other employees, although they are generally responsible for mentoring and guiding new hires. He will also continue as a vice chair of our Global Diversity & Inclusion Council. Bank of America Salary FAQs The average salary for a Senior Vice President is $192,196 per year in United States, which is 20% lower than the average Bank of America salary of $241,607 per year for this job. You work in a bank or other financial institution and focus on both customer service and financial tasks. Career advice on becoming a Senior Vice President. Sheila Redzepi. A senior vice president is a title which is earned through seniority. MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Valid. As a former executive officer of one of the largest credit card issuers in the U.S. and a major regional bank, Mr. Bramble has dealt with a wide range of issues important to our company, including risk management, credit cycles, sales and marketing to consumers, and audit and financial reporting. Griswold Professor of Geophysics, Massachusetts Institute of Technology. Forward-looking statements represent Bank of Americas current expectations, plans or forecasts of its future results, revenues, expenses, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of Americas filings with the Securities and Exchange Commission, including under Item 1A. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Through his public company board service, he has experience in governance, financial reporting, accounting of large international and regulated businesses, and board leadership. 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