You work in a bank or other financial institution and focus on both customer service and financial tasks. The estimated total pay for a Vice President at Bank of America Merrill Lynch is $362,135 per year. As I shared with our Board of Directors, it will continue to be my privilege to serve with them as CEO as we drive Responsible Growth through its second decade.. How Do Rankings Work at the Different Banks? Vice Chair, Head of Enterprise Credit. Sheila Redzepi. 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. The middle 57% of Bank Vice Presidents makes between $96,790 and $241,095, with the top 86% making $530,728. In these cases, since the VP of operations manages the long-term operational strategizing, and the COO oversees the day-to-day company operations, the company might consider the COO lower ranking than the VP. In addition, he has many years of international and domestic financial services experience, including wholesale and retail businesses. 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. Bush to the Presidents Export Council, which advised the President on export enhancement, Chairman of the Board, President and CEO of Baxter, a global medtech leader, effective January 1, 2016. Average Bank of America Senior Vice President monthly pay in Singapore is approximately $17,357, which is 8% above the national average. In this way,who is senior vice president bank of america? Senior Vice President at Bank Of America. Thong Nguyen continues as vice chair and head of Global Strategy & Enterprise Platforms including Enterprise Data Management, and will assume additional responsibility for Global Real Estate, Business Continuity, and other related functions. Merrill Lynch Salary FAQs The average salary for a Vice President is $166,656 per year in United States, which is 37% higher than the average Merrill Lynch salary of $120,877 per year for this job. The Many Vice Presidents A vice president title often is conferred as a promotion in place, with the recipient retaining ones current job and responsibilities. Comerica Incorporated and Comerica Bank. How much does a Director make at Bank of America in the United States? Vice President, Operations Policy and Country Services. We strive to provide you with information about products and services you might find interesting and useful. Vice President, Development Finance. How much does a Vice President at JP Morgan make? Latest update. As our Chief Executive Officer, Mr. Moynihan conceived of and leads our approach to Responsible Growth, based on driving a straightforward business model serving three client groups with core financial services, which has delivered record earnings and significant capital return to shareholders. The average pay for a Vice President Commercial Bank is $154,462 a year and $74 an hour in the United States. Jun 2014 - Present8 years 10 months. These changes position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade delivering for our clients, communities and shareholders, and addressing major societal issues, said Chairman and Chief Executive Officer Brian Moynihan. 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 ofSIPC, and, in other jurisdictions, by locally registered entities. How much does a Senior Vice President make at Bank of America in the United States? 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. He will also continue as a vice chair of our Global Diversity & Inclusion Council. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Some companies also use the term B-level executive to describe mid-level managers. you can opt out of online behavioral advertising, Appointed Chair of the Board of Directors of Bank of America Corporation in October 2014 and President and Chief Executive Officer in January 2010. If you prefer that we not use this information, you can opt out of online behavioral advertising. Dean Athanasia will maintain his current responsibilities and assume additional responsibility for oversight of Global Commercial Banking and Business Banking, as president of Regional Banking. The average salary range for a Vice President Commercial Bank is between $107,953 and $191,865. Sharon Miller will continue to lead Small Business and take on additional responsibilities to include Specialty and Auto Lending. Personal email. Served as Vice Chairman, headed two lines of businessGlobal InvestmentBanking and Global Equitiesand was a member of JPMorgan Chases senior management team during his approximately twenty-year tenure at JPMorgan Chase. Wendy is also president of Atlanta for the company. Through his public company board service, he has experience in governance, financial reporting, accounting of large international and regulated businesses, and board leadership. 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). Relationship-based ads and online behavioral advertising help us do that. See the complete profile on LinkedIn and discover Satinder's connections and jobs at similar companies. Dr. Rose spent approximately twenty years at J.P. Morgan & Co. (collectively, JPMorgan Chase), holding leadership positions in investment banking, equities, securities, derivatives, and corporate finance businesses, as well as serving as a senior executive of the firm. Senior Vice President at Bank of America Hyderabad, Telangana, India 500+ connections. 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. How much do Bank Executive Vice Presidents make? Prior to his current role, Aditya led Marketing, Analytics, and Digital Banking and joined the company in 2004. The middle 57% of Bank Vice Presidents makes between $96,790 and $241,095, with the top 86% making $530,728. Valid. Average Senior Vice President Salary $194,770 Yearly $93.64 hourly $125,000 10% $194,000 Median $302,000 90% See More Salary Information What Am I Worth? Vice Chair, Head of Enterprise Credit. The estimated base pay is $208,108 per year. How Many Senior Vice Presidents Does Bank Of America Have. In addition, Mr. Yost has experience leading a large, complex business. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have . Market Data copyright 2023 QuoteMedia. Comerica Incorporated's Senior Leadership Team members appear below. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. In her role as Vice President for Research at Massachusetts Institute of Technology (MIT), Dr. Zuber oversees multiple laboratories and research centers and is also responsible for intellectual property and research integrity and compliance, as well as research relationships with the federal government. How much does a Vice President make at JPMorgan Chase in the United States? 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. Salary Ranges for Bank Vice Presidents The salaries of Bank Vice Presidents in the US range from $20,175 to $530,728 , with a median salary of $96,788 . 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. 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. Are Not a Condition to Any Banking Service or Activity. 2023 Bank of America Corporation. Christine Katziff continues as our chief audit executive overseeing Corporate Audit & Credit Review. He and his team will execute this work in partnership with all of our lines of business. Contact details. September 26, 2021 How do you become a senior vice president of a bank? You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. 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