The executive VP is usually the highest level, followed by senior vice president, vice president, assistant VP, and associate VP. You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. These leaders will report to me unless otherwise noted. jessica.oppenheim@bofa.com, Jerry Dubrowski, Bank of America 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 . With Cathys move to Europe, we are creating two distinct, dedicated organizations with deeply experienced leaders covering the former technology and operations organization. Timothy Farrell is based out of New York, New York, United States and works at Bank Of America as Senior Vice President. Executive vice presidents are typically higher in rank than senior vice presidents, but in some companies, they may share responsibilities or there might only be an executive vice president. Bank of America, N.A. The company is adding five new members, including three women, to the senior management team, further strengthening diversity at the most senior levels of the company. Is SVP higher than VP? (813) 225-8671. Tom will be responsible for delivering integrated operations solutions for all lines of business, staff support areas, and the broader enterprise including operations teams in our global regions. The average salary for a Market Leader is $86,065 per year in United States, which is 32% lower than the average Bank of America salary of $127,050 per year for this job. Reveal email . You work in a bank or other financial institution and focus on both customer service and financial tasks. As we stated then, we drive Responsible Growth through four tenets: we must grow and win in the market; we must grow through our customer-focused strategy serving people, companies and institutions; we must grow in alignment with our risk framework; and we must grow in a sustainable manner through operational excellence, being a great place to work, and sharing success with our communities. How long does it take to become a senior vice president? Christine Ruiz Senior Vice President, Business Support Manager. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. Mr. Nowells role as former Treasurer of PepsiCo, Inc. (Pepsi) enables him to bring his strong financial expertise and extensive global perspective in risk management and strategic planning to our Board. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Top 5 Highest Paying Banks For Vice Presidents: 1. In this way,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. Von E. Hays. Through his position as Chief Executive Officer of PepsiCo International, Mr. White has international experience as well as broad knowledge of retail and distribution issues. TD Bank Group. 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. Wendy W. Bridges. Are Not a Condition to Any Banking Service or Activity. A vice president is the most junior of the senior bankers and, as far as clients and higher-ups are concerned, carries the first legitimate title. 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). Head of Global Research Candace Browning and the research organization will report to Paul. Our momentum has continued through the healthcare crisis and unprecedented challenges of the past 20 months with your terrific efforts and leadership. He joined the company in 1995. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. In business, the duties of vice presidents vary with the organization. Are Not Deposits. How much does the CFO of Bank of America make? In addition, he has many years of international and domestic financial services experience, including wholesale and retail businesses. Vice President and World Bank Group Chief Risk Officer. Mr. de Wecks experience as an executive with UBS AG (UBS) and Deutsche Bank AG (Deutsche Bank) enables him to bring extensive knowledge of the global financial services industry to our Board. Dr. Roses service as President of Bowdoin College, and as professor at the Harvard Business School, has provided him with opportunities to lead a large and complex organization and to research and analyze current issues in the financial services industry. 14 Richard Blaine Studied at Texas Christian University Author has 2.1K answers and 2.9M answer views 2 y Senior Executive Vice President, Transformation, Enablement and Customer Experience. How we help people, companies and institutions realize their financial goals, Chair and CEO, Bank of America Corporation. Suzanne is Senior Vice President and Senior Trust Officer at Bank of America. How much does a Bank of America director make? Average JPMorgan Chase Vice President yearly pay in the United States is approximately $110,528, which is 24% below the national average. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Goldman Sachs Average base salary for vice presidents: $165,424 2. The Investment Banking Career Path. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. Bank of America's key executives include Brian T. Moynihan and 39 others. Bank of America Senior Vice Presidents earn $153,000 annually, or $74 per hour, which is 1% lower than the national average for all Senior Vice Presidents at $155,000 annually and 79% higher than the national salary average for all working Americans. 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 Boards Risk Committee), and as Chair of the Board of Directors of BofASE, Former President and Chief Executive Officer of Carnival, a cruise and vacation company, 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, Served as a member of the Board of Directors of Crown Holdings, Inc. from 1999 to 2019 and member of its Compensation Committee, Appointed by President Clinton and re-appointed by President George W. Bush to the Presidents Export Council, Chairman and Chief Executive Officer of The Cardea Group, LLC, a management consulting business, May 2014 to January 2020, Served as CEO Emeritus of BAE, a U.S.-based subsidiary of BAE Systems, a global defense, aerospace, and security company headquartered in London, from February 2014 to May 2014, and as President and Chief Executive Officer of BAE from October 2009 until January 2014, Served as President of BAE Systems Land and Armaments operating group, the worlds largest military vehicle and equipment business, from October 2006 to October 2009, Prior to joining BAE, served as Vice President of General Dynamics Corporation and President of its Armament and Technical Products business; held various positions in engineering, production operations, program management, and business development for defense and aerospace companies, Served as a member of the Executive Committee and as an executive director of BAE Systems from 2009 until January 2014 and as a member of the Board of Directors of BAE from 2009 to April 2015, Served as a member of the Board of Directors of The Southern Company and its Nominating, Governance and Corporate Responsibility Committee and Operations, Environmental and Safety Committee from 2014 to July 2018, Member of the Board of Directors of Trane Technologies plc (formerly Ingersoll-Rand plc) and its Human Resources and Compensation Committee, Sustainability, Corporate Governance and Nominating Committee, and Technology and Innovation Committee, Member of the Board of Directors of TPI Composites, Inc. and Chair of its Nominating and Corporate Governance Committee, Elected member to the National Academy of Engineering, one of the highest professional honors accorded an engineer, Member of the Board of Directors of the University of Florida Foundation, Inc. and the Advisory Board of the University of Florida Engineering Leadership Institute, Former member of the Charlotte Center Executive Board for the Wake Forest University School of Business, Former member of the Board of Trustees of Discovery Place, a nonprofit education organization dedicated to inspiring exploration of the natural and social world, Former Chief Executive Officer of College Futures Foundations from December 2017 to July 2022 and member of the Board of Directors from December 2019 to July 2022. lee.mcentire@bofa.com, Jessica Oppenheim, Bank of America A large corporation typically has one or a few executives and can have several senior vice presidents. A senior vice president is a title which is earned through seniority. He will also continue as a vice chair of our Global Diversity & Inclusion Council. Bank of America Announces Senior Leadership Changes. In addition, she was instrumental in the establishment of our new EU investment firm, BofASE, and the build-out of the firms new EU Sales and Trading hub in Paris to ensure we could effectively service our clients post-Brexit. Great company to advance and grow. Are Not Deposits. BAML progression is: Analyst -> Associate -> Vice President -> Director -> Managing Director. $273K$750K Most Likely Range Possible Range The estimated total pay for a Senior Vice President at Merrill Lynch is $444,407 per year. Merrill Lynch Salary FAQs The average salary for a Senior Vice President is $207,470 per year in United States, which is 102% higher than the average Merrill Lynch salary of $102,650 per year for this job. Mr. Woodss career at Canadian Imperial Bank of Commerce (CIBC) enables him to bring his deep experience in risk management, corporate strategy, finance, and the corporate and investment banking businesses to our Board. 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 . Most recently, he has been chief information officer and head of technology for Consumer, Small Business, Wealth Management, and Employee Technology, which included responsibility for our online and mobile banking apps, and payments and commerce services. Phone: 1.646.855.1195 (office), 508.843.5626 (mobile) The average salary range for a Vice President Commercial Bank is between $107,953 and $191,865. After decades of service in the private and public sectors, David is planning to retire in 2022. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. Requirements. John Sletten is based out of Denver, Colorado, United States and works at Bank Of America as Senior Vice President. See the complete profile on LinkedIn and discover Satinder's connections and jobs at similar companies. Personal email. This steadfast focus has enabled us to build strength quarter by quarter, year over year to record levels of earnings, market capitalization, client and employee satisfaction, and brand and reputation. Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Mr. Bramble brings broad-ranging financial services experience, international experience, and historical insight to our Board, having held leadership positions at two financial services companies acquired by our company (MBNA Corporation, acquired in 2006, and MNC Financial Inc., acquired in 1993). How Do Rankings Work at the Different Banks? Lauren Mogensen will become global general counsel for the company, succeeding David at the end of this year. Matthew Koder, president of Global Corporate & Investment Banking (GCIB) will continue to lead this business, inclusive of Global Transaction Services. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. 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.). Jorge Familiar. j*****@gmai***.com. She joined the bank in 2001, having previously been a partner and member of the executive committee of a major law firm. 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 . 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 the compensation practices and accounting of large, international businesses. Anita O'Dell. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. Board of Directors Brian T. Moynihan Chair and CEO, Bank of America Corporation View Bio Lionel L. Nowell III Lead Independent Director, Bank of America Corporation; Former SVP and Treasurer, PepsiCo, Inc. View Bio Sharon L. Allen Former Chairman, Deloitte LLP View Bio Jos (Joe) E. Almeida Average Bank of America Director yearly pay in the United States is approximately $158,632, which is 80% above the national average. How much does a Vice President make at JPMorgan Chase in the United States? We will recognize Davids many contributions to our company and beyond as his transition nears and have shared a special update on Flagscape today. Reveal email . We strive to provide you with information about products and services you might find interesting and useful. Our management team going forward will include individuals with many years of outstanding leadership in our company and the industry, increased global and international expertise, and more diversity of gender and race than ever before in our history. 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