A Bank Vice President (VP) is responsible for the oversight of other workers, including but not limited to Tellers and managers. The VP is also responsible for ensuring that all bank goals are achieved in areas of sales and service. The VP is actively involved in the sale of new bank products and services. Vice President is involved in the training and support of bank support staff. A Vice President provides coaching to tellers and personal bankers in order to improve customer service within the organization. The VP oversees areas of compliance and security. It is also the job of the VP to create service goals and plans, as well as performance metrics by which progress toward such goals may be measured. The VP accomplishes most of his or her tasks within the physical bank itself, but will at times be required to travel throughout the community in order to take an active role in sales, as well as meeting with regional superiors. A Bachelor’s degree (B.A.) from an accredited four-year university is required for this job, but candidates may be considered who have one to two years of equivalent experience (related to bank management), or an equivalent mix of education and workplace experience. A minimum of three years of bank management experience is required for this position. Other requirements include the demonstrated ability to lead and organize diverse groups of people, as well as strong communication and presentation skills. Bank Vice Presidents typically work business hours during the week, but may also be required to work nights and weekends as the need arises.
Bank Vice President (VP) Tasks
- Report department activities to upper management, oversight committees, and clients.
- Develop bank policies and procedures for department under supervision and ensure all policies and regulations are followed.
- Supervise the managers and staff of a department. oversee projects, and act as a contact point for clients.
- Establish relationships with clients and identify marketing opportunities.