Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. 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. 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). 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. 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. 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. The average salary range for a Vice President Commercial Bank is between $107,953 and $191,865. The middle 67% of Senior Vice President, Senior Banker, Private Banks makes $210,000, with the top 67% making $252,000. Tyler works at Bank Of America as Senior Vice President, Product Management. 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. After more than six years in his current role, Paul has expressed his desire to contribute to our organization in new ways going forward, in line with his priorities for the next phase of his career. 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. Her public company board service for Target Corporation and Apple Inc., her past public company board service for The Walt Disney Corporation, and her past roles with the University of California and the University of Southern California give her board-level experience overseeing large organizations with diversified operations on matters such as governance, human capital management, executive compensation, risk management, and financial reporting. Vice President salaries at Bank of America can range from 10,41,047 1,35,60,586 per year. These materials are for informational purposes only. Ms. Ramoss role as former Chief Executive Officer of ITT Inc. (ITT) enables her to bring senior executive leadership experience to our Board. Akihiko Nishio. September 26, 2021 The "senior vice president" title is much more coveted because it requires the approval of a more senior manager. 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 salaries for Bank of America Senior Vice President: $191,087. Wendy Stewart has been appointed president of Global Commercial Banking, reporting to Dean and joining our Management Team. How long does it take to become a senior vice president? 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. Mr. White has experience leading a large and highly regulated business. A senior vice president is a title which is earned through seniority. Vice President, Operations Policy and Country Services. How much does a VP at Capital One make? A better range would go from $80,000 to $200,000. 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. Valid. Bruce Thompson continues as vice chair and head of Wholesale Credit, including Wholesale Credit Strategy which will move to his organization. Senior Vice President, Digital Banking (Current Employee) - San Francisco, CA - October 28, 2019. Brad Besel is a Senior Vice President at Bank of America based in Charlotte, North Carolina. Latest update. 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). These leaders will report to me unless otherwise noted. Anita O'Dell. 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. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. When an organization has a CEO and president, the VP is usually third in command. Senior management jobs generally include positions within the following groups: Director, Vice President, C-level, and CEO. 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. Andrea Smith joined our company nearly 34 years ago and her exceptional career has spanned from her first role in technology to global head of Global Human Resources and to her most recent role as our chief administrative officer. Michael Rhodes. 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. Only in the 19th century, the bank office was a separate company and today it's one insignificant part of a huge corporation. Former Chairman, President and CEO, DIRECTV Lead Director, Kimberly-Clark Corporation. Six years ago, I recruited David Leitch to be our global general counsel and he is an invaluable advisor to me, our management team and our Board of Directors. Former Chairman and CEO, The Cardea Group, LLC ; Former President and CEO, BAE Systems, Inc. Ms. Hudsons role as a former President and Chief Executive Officer of BAE Systems, Inc. (BAE) enables her to bring her broad experience in strategic planning and risk management to our Board. 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 . Robert Cutshaw is based out of Bradenton, Florida, United States and works at Bank Of America as Senior Vice President. When an organization has a CEO and president, the VP is usually third in command. Average Bank of America Director yearly pay in the United States is approximately $158,632, which is 80% above the national average. Valid. 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. 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. This long-tenured team of highly energized individuals is committed to drive Responsible Growth, delivering for our clients, communities, and shareholders and addressing major societal issues. 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. How much does a Director make at Bank of America in the United States? How much does a senior vice president at Merrill Lynch make? Jorge Familiar. 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. Are Not FDIC Insured. Company goals are aspirational and not guarantees or promises that all goals will be met. Contact details. Personal email. When autocomplete results are available use up and down arrows to review and enter to select. Bank Of America Senior Vice President Salary in the United States $266,908 Low Average $322,898 High $407,899 View Career and Salary Advice View Senior Vice President Hourly Wages View Company Info for Bank Of America Search Job Openings for Senior Vice President The life of an investment bank vice president centers on two responsibilities: completing pitch books and managing client relationships. Former President and CEO, Carnival Corporation and Carnival plc. He has also taught and written extensively about financial services as a faculty member at the Harvard Business School. 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. President of Bowdoin College, 2015 to present. 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 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. If organized as a division then the top manager is often known as an executive vice president (EVP). Greater Seattle Area. Contact details. How much does a market president at Bank of America make? Lakshmi Shyam-Sunder. Today, we are announcing important steps forward in our management team for the company. You can also find corporations placing a senior vice president in strategic roles within the company to ensure its success. Bank of America CEO Brian Moynihan plans to stay through. Vice Chair, Head of Enterprise Credit. You are continuing to another website that Bank of America doesnt own or operate. Are Not Deposits. 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. Served as a member of the Boards of Directors of XL Group, plc, Federal Home Loan Mortgage Corporation (Freddie Mac), and Mercantile Bankshares Corp. In this role, Paul will steward our efforts in support of our $1.5 trillion sustainable finance commitment, including oversight of our investments in Minority Depository Institutions and private equity funds through our $1.25 billion commitment to racial equality and economic opportunity, as well as investments made through our $1 trillion Environmental Business Initiative. How much does a Vice President at JP Morgan make? These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Who is higher ranking, a COO or a VP of operations? He will also continue to serve on our Sustainable Markets Committee playing a critical, business leadership role in those efforts. Latest update. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Are Not Deposits. 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. Senior Vice President Location United States How much does a Senior Vice President make at Bank of America in the United States? 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. 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