Vice President (VP), Financial Services Salary

An average VP of Financial Services in the United States can expect to take home roughly $123K per year. Including potential for bonuses and profit sharing — peaking near $73K and $45K, respectively — total cash payment to VPs of Financial Services can bottom out near $70K or peak near $234K depending on individual performance. Though the majority of VPs of Financial Services do not report high levels of job satisfaction, most are moderately content with their role. Almost all receive medical and dental insurance and the greater part get vision insurance. Women are just slightly outnumbered, with male VPs of Financial Services making up 53 percent of survey respondents. Participants in PayScale's salary questionnaire provided the particulars of this report.

$66,384 - $183,149
(Median)
$66K
$120K
$180K
MEDIAN: $122,708
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$80K$160K$240K
Salary
$66,384 - $183,149  
   
Bonus
$4,923 - $72,699  
Profit Sharing
$1,007 - $44,698  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$69,531 - $234,265  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 78
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Job Description for Vice President (VP), Financial Services

  • Provide sales text and documentation to other teams, communicating value.
  • Work with partners and across departments to create quality products and solutions.
  • Review reports and financial output, leading analysis and disseminating findings as presentations.
  • Lead financial services team, including setting goals and explaining road map.
  • Manage budgets.

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Vice President (VP), Financial Services Reviews

What is it like working as a Vice President (VP), Financial Services?

Vice President (VP), Financial Services in Philadelphia:
"Stressful, Micro-Managed Professional Position."
Pros: My team. Work flexibility. Diverse responsibility. Benefits. Subject matter expertise. Respect throughout the organization.
Cons: Micro-managed. Under-utilization of education and skills. Increasingly less support from direct manager. More challenging work has been removed and reassigned to someone else. Contributions not understood and not appreciated. Isolated from professional groups. Stress of above conditions negatively impact on health.

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Experience Affects Vice President (VP), Financial Services Salaries

Experienced
up arrow 10%

Late-Career
up arrow 3%

National Average
$138,000

Mid-Career
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

1-4 years
6%
5-9 years
14%
10-19 years
38%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 87%
medical benefits
Vision: 69%
dental benefits
None: 5%
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