Vice Chair, Head of Enterprise Credit. 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. 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 . Charles L. Evans (Off-site) took office as the . 14 Richard Blaine Studied at Texas Christian University Author has 2.1K answers and 2.9M answer views 2 y 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. You work in a bank or other financial institution and focus on both customer service and financial tasks. Average Capital One Vice President yearly pay in the United States is approximately $182,349, which is 25% above the national average. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Also core to our long-term progress is our ongoing effort to develop generations of diverse leaders who are deeply experienced and energized to drive the companys growth. Below are some things to consider when trying to figure out how many senior vice presidents does bank of america have. 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. These statements often use words like expects, anticipates, believes, estimates, targets, intends, plans, predict, goal and other similar expressions or future or conditional verbs such as will, may, might, should, would and could. Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. Vice President, Operations Policy and Country Services. 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. Senior Vice President at Bank of America Hyderabad, Telangana, India 500+ connections. How much does a VP at Merrill Lynch make? 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). Strong experience in project management and budgeting. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Chairman, President and Chief Executive Officer of Baxter International Inc. Mr. Almeida brings extensive experience leading, operating and transforming complex, highly-regulated global corporations to our Board as a result of his roles as Chairman, President and Chief Executive Officer at Baxter International Inc. (Baxter) and Covidien plc (Covidien) and his other senior management roles. Gail Caldwell Accountant at Nationwide Building Society Swindon . Jane A. Langford. Senior Vice President and Chief Auditor. From 2007-2014, Rick was Senior Vice President of Corporate Planning and Investor Relations, serving as key advisor to the company's senior business leaders, including the CEO, CFO, and the . Ms. Lozano has a deep understanding of issues that are important to the Hispanic community, a growing U.S. demographic. These professionals may oversee several different areas, such as operations, marketing, human resources, or legal affairs. Personal email. The Investment Banking Career Path. Jim DeMare, president of Global Markets will continue to lead this business, inclusive of equity and fixed income sales and trading and client coverage on a global basis, as well as Global Commercial Real Estate. The executive VP is usually the highest level, followed by senior vice president, vice president, assistant VP, and associate VP. Likewise,how much does a senior vice president of bank of america make? Depending on the bank's location, the work involved,. The assistant vice president role in most organizations is a senior management position. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. Valid. 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.). Average Bank of America Senior Vice President monthly pay in Singapore is approximately $17,357, which is 8% above the national average. She joined our company in 1996, working in the consumer and commercial businesses. Is VP higher than coo? How much does the CFO of Bank of America make? 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. 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. When an organization has a CEO and president, the VP is usually third in command. 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. Valid. You can read more about the team on Flagscape, including additional information about their experience in our company and industry, and will hear more information from leaders who are assuming new or expanded roles next week and in the days to follow. The top 10 percent makes over $302,000 per year, while the bottom 10 percent under $125,000 per year. Lee McEntire, Bank of America Andrea has shared with me that she would like to retire at the end of this year to shift her primary focus to philanthropic and issues-based efforts that are deeply important to her and to spend more time with her family. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. We established the path forward for our company nearly 12 years ago as we emerged from the global financial crisis with our focus on Responsible Growth. 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 middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. D. Steve Boland has been named chief administrative officer, overseeing local markets including all Bank of America market presidents and teams, Public Policy, Environment, Social & Governance efforts, Corporate & Internal Communications, External Communications, Global Sports Sponsorships, Corporate Security, and other related functions. September 27, 2021 What does a senior vice president do at a bank? Ramesh Kaza Bank of America Senior Vice President Watch on How much does a Vice President make at JPMorgan Chase in the United States? Latest update. Lauren has most recently been head of Global Compliance & Operational Risk, working directly with global regulators and supervisory institutions, governance committees, and our Board of Directors. Purna Saggurti will become a vice chair of the bank, reporting to Matthew and will continue to work with me on our Global Advisory Council. An investment bank vice president is treated as an individual with their own thoughts and opinions. Working closely with our global and regional senior management teams and country executives, he is responsible for the leadership and execution of our key priorities in over 35 countries from which we serve our clients around the world. He joined the company in 1995. Served as Chairman, President and Chief Executive Officer of DIRECTV, a leading provider of digital television entertainment services, from January 2010 to August 2015, and as a director of the company from November 2009 until August 2015, Chief Executive Officer of PepsiCo International from February 2003 until November 2009; and served as Vice Chairman and director of Pepsi from March 2006 to November 2009, after holding positions of increasing importance with Pepsi since 1990. Previously, she was deputy general counsel and Legal executive for more than a decade in several areas of the company including as Corporate Secretary, and earlier was a leader in risk, finance, and corporate strategy. 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. Contacts. Since it is a high-ranking position, most companies require candidates to possess a minimum of ten years of related experience as well as previous success in high-level management. 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. Robin Leopold, Head of Human Resources. Former Executive Vice Chairman, MBNA Corporation. That depends on each companys organizational structure. Please note that all salary figures are . Ms. Ramoss role as former Chief Executive Officer of ITT Inc. (ITT) enables her to bring senior executive leadership experience to our Board. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Cathy Brown-Butler Senior VP, National Market Support Executive. Aditya Bhasin has been named chief technology and information officer. The average pay for a Vice President Commercial Bank is $154,462 a year and $74 an hour in the United States. Hierarchy. 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. Senior Vice President at Bank Of America. An assistant vice president may serve as a team leader in project management or work directly with clients. As we focus on the path ahead and what it requires, and individuals decide they are ready to transition and/or retire, we are able to promote and expand colleagues from inside the company resulting in new opportunities, smooth transitions, and continued momentum. Alastair joined the company in 2005 as head of Global Investment Grade Debt Capital Markets and spent the prior 12 years at Goldman Sachs. John Sletten is based out of Denver, Colorado, United States and works at Bank Of America as Senior Vice President. Career advice on becoming a Senior Vice President. In this regard,what is the salary of vice president of bank of america? How Many Senior Vice Presidents At Bank Of America. Mr. Almeidas business background also includes significant international experience, and as a native of Brazil, he brings a diverse perspective to our Board. Brands, Ms. Ramos background provides her with financial expertise and extensive strategic planning experience. Market Data powered by QuoteMedia. Vice Chair, Head of Enterprise Credit. 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. His board service with public companies gives him experience with risk management, global operations, and regulated businesses. A vice-president is basically someone that runs a branch office of a bank. Michael Rhodes. Mr. Moynihan has demonstrated leadership qualities, management capability, knowledge of our business and industry, and a long-term strategic perspective. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. Served as a Management Consultant at Bain & Company and Arthur Andersen & Co. Lead Director of the Board of Directors of Kimberly-Clark Corporation, Chair of its Executive Committee; Member of the Board of Directors of Whirlpool Corporation, Chair of its Audit Committee, and member of its Corporate Governance and Nominating Committee, Member of the Boston College Board of Trustees, Vice Chairman of The Partnership to End Addiction and Vice-Chairman of the Mariinsky Foundation of America, which supports the Mariinsky Opera, Ballet, and Orchestra and the Academy for young singers and the young musicians orchestra, Served as Vice Chairman and Senior Executive Vice President of CIBC, a leading Canada-based global financial institution, from July 2013 until his retirement in December 2014, Served as Senior Executive Vice President and Chief Risk Officer of CIBC from 2008 to July 2013, and Senior Executive Vice President and Chief Financial Officer of CIBC from 2000 to 2008, Employed at Wood Gundy, a CIBC predecessor firm, starting in 1977; served in various senior leadership positions, including as Controller of CIBC, as Chief Financial Officer of CIBC World Markets (CIBCs investment banking division), and as the Head of CIBCs Canadian Corporate Banking division, Served as Chair of the Board of Directors of Hydro One Limited, a publicly traded and Toronto Stock Exchange listed electricity transmission and distribution company serving the Canadian province of Ontario, from August 2018 to July 2019, Member of the Board of Directors of MLI, chair of its Risk Committee, and member of its Governance Committee, Currently serves as a member of the Board of Directors of Alberta Investment Management Corporation, a Canadian institutional investment fund manager, and on the advisory committee of Cordiant Capital Inc., a fund manager specializing in emerging markets, Former member of the Board of Directors of Jarislowsky Fraser Limited, a global investment management firm, from 2016 to 2018, former member of the Boards of Directors of DBRS Limited and DBRS, Inc., an international credit rating agency, from 2015 to 2016, and former member of the Board of Directors of TMX Group Inc., a Canada-based financial services company, from 2012 to 2014, Member of the University of Toronto College of Electors, and the Board of Advisors of the Department of Mechanical and Industrial Engineering, Served as Chief Executive Officer of AmerisourceBergen, a pharmaceutical services company providing drug distribution and related services to healthcare providers and pharmaceutical manufacturers, from 2001 until his retirement in July 2011, and as President from 2001 to 2002 and again from September 2007 to November 2010, Held various positions at AmerisourceBergen and its predecessor companies during a nearly 40-year career, including Chief Executive Officer from 1997 to 2001 and Chairman from 2000 to 2001 of Amerisource Health Corporation, Member of the Board of Directors of Johnson Controls International plc and its Audit Committee, Member of the Board of Directors of Marsh & McLennan Companies, Inc., and its Compensation Committee, Directors and Governance Committee, and Finance Committee, Vice President for Research at MIT, a leading research institution, since 2013, where she oversees MIT Lincoln Laboratory and more than a dozen interdisciplinary research laboratories and centers and leads MITs Climate Action Plan, Served in a number of positions at NASA, including as a Geophysicist from 1986 to 1992, a Senior Research Scientist from 1993 to 2010, and as Principal Investigator of the Gravity Recovery and Interior Laboratory (GRAIL) mission from 2008 to 2017, which was designed to create the most accurate gravitational map of the moon to date and give scientists insight into the moons internal structure, composition, and evolution, and held leadership roles associated with scientific experiments or instrumentation on ten NASA missions, Served as a Professor at MIT since 1995, and was Head of the Earth, Atmospheric, and Planetary Sciences Department from 2003 to 2011, Member of the Board of Directors of Textron Inc. and its Nominating and Corporate Governance, and Organization and Compensation Committees, Appointed by President Biden in 2021 as Co-Chair of the Presidents Council of Advisors on Science and Technology, Appointed by President Obama in 2013 and reappointed by President Trump in 2018 to the National Science Board, a 25-member panel that serves as the governing board of the National Science Foundation and as advisors to the President and Congress on policy matters relating to science and engineering; served as Board Chair from 2016 to 2018, Co-Chair of the National Academies of Science, Engineering and Medicines National Science, Technology and Security Roundtable, Chair of NASAs Mars Sample Return Mission Standing Review Board, Board of Directors and Executive Committee of The Massachusetts Green High Performance Computing Center, a joint venture by Massachusetts universities, which provides infrastructure for computationally intensive research. Greater Seattle Area. He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Mr. Whites roles as the former Chief Executive Officer and Chairman of the Board of Directors of DIRECTV enable him to bring his experience in technology, consumer businesses, and financial expertise to our Board. These professionals may oversee several different areas, such as operations, marketing, human resources, or legal affairs. What does a senior vice president do at a bank? Below are some things to consider when trying to figure out how many senior vice presidents at bank of america. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Previously, Tom was head of Consumer, Small Business & Wealth operations. How much does a market president at Bank of America make? Teammates can join me in congratulating and recognizing Andrea on Flagscape today. Are Not Insured by Any Governmental Agency. These leaders will report to me unless otherwise noted. Prior to his current role, Aditya led Marketing, Analytics, and Digital Banking and joined the company in 2004. Member and Chairman of the Supervisory Board of The Clearing House Association L.L.C. Timothy Farrell is based out of New York, New York, United States and works at Bank Of America as Senior Vice President. Yukio Johnson is a Private Client Advisor at Bank of America Private Bank, based in Walnut Creek. What level is vice president in a bank? Executive Vice President, Typically, this role is second in command to the president of the company; and, other vice presidents may report to the executive vice president. When an organization has a CEO and president, the VP is usually third in command. Currently chairs the Board of Trustees for the Howard Hughes Medical Institute and chaired its Audit and Compensation Committee. 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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. Salary Details for a Senior Vice President at Bank of America Updated Feb 22, 2023 United States Hong Kong Singapore United Kingdom United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Total Pay Estimate & Range Confident $366,941 / yr Total Pay $191,503 / yr Base Pay Edward Mountfield. Former Chairman, President and CEO, DIRECTV Lead Director, Kimberly-Clark Corporation. Big bank vice presidents in Charlotte tend to earn about $110,000, according to data submitted to the career site Glassdoor. May Lose Value. 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. Average JPMorgan Chase Managing Director yearly pay in the United States is approximately $375,735, which is 257% above the national average. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. When autocomplete results are available use up and down arrows to review and enter to select. Dr. Rose has served as the president of Bowdoin College since 2015. You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. Latest update. Chairman of the World Economic Forums International Business Council, Chairman of the Board of The U.S. Council on Competitiveness, Member (and prior President) of the Federal Advisory Council of the Federal Reserve Board, Co-Chair of the Sustainable Markets Initiative, Member of Board of Fellows of Brown University, Member of Advisory Council of Smithsonians National Museum of African American History and Culture, Chairman of Charlotte Executive Leadership Council, Member of Massachusetts Competitive Partnership, Served as Senior Vice President and Treasurer of Pepsi, a leading global food, snack, and beverage company, from 2001 to May 2009, and as Chief Financial Officer of The Pepsi Bottling Group and Controller of Pepsi, Served as Senior Vice President, Strategy and Business Development at RJR Nabisco, Inc. from 1998 to 1999, Held various senior financial roles at the Pillsbury division of Diageo plc, including Chief Financial Officer of its Pillsbury North America, Pillsbury Foodservice, and Hagen-Dazs divisions, and also served as Controller and Vice President of Internal Audit of the Pillsbury Company, Served as Lead Director of the Board of Directors of Reynolds American, Inc. from January 2017 to July 2017 and as a Board member from September 2007 to July 2017, Member of the Board of Directors of Ecolab Inc. and its Audit Committee and Finance Committee, Member of the Board of Directors of Textron Inc. and Chair of its Audit Committee, Deans Advisory Council at The Ohio State University Fisher College of Business, 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 Audit & Risk Committee, and Chair of its Governance, Compliance & ESG Committee, Former 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. 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