From what I've heard, it's very common throughout front, middle, and back office on the commercial side. Think it is basically similar to the associate level. Keep in mind that commercial banks are much less up or out than IBs, so it's relatively common to see 40 and 50 year old AVPs.
In some big European Banks there are also AVP for MO positions right? I know a guy working in terrorism funding and anti-money laundering...I mean, banks really do those stuff?
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BO only, but chicks are always impressed by it. So many ditzy girls going around "my boyfriend is an AVP at an IB!"
Agreed! I have only seen it in BO only as well. Only Compliance and Business Service Managers carry AVP titles where I am.
Thanks, gents. SB + 1 for both. I got excited for a while about an opportunity with AVP title, thinking that it is FO :(
Only seen AVP in BO as well.
I've seen AVP for FO/MO - leveraged finance underwriting, not sure what that would be considered
Can confirm that AVP is a BO title.
Barclays, Deutsche, few other European banks have AVP roles in some FO groups
Saw avp used on the buyside for research analysts and portfolio analysts. Usually 4+ years exp.
From what I've heard, it's very common throughout front, middle, and back office on the commercial side. Think it is basically similar to the associate level. Keep in mind that commercial banks are much less up or out than IBs, so it's relatively common to see 40 and 50 year old AVPs.
There are AVPs in private equity: https://www.eigpartners.com/team/assistant-vice-president
I am an AVP, myself but in other fund. It is a post-associate, post-MBA position. This denomination is rare, but it does exist.
In some big European Banks there are also AVP for MO positions right? I know a guy working in terrorism funding and anti-money laundering...I mean, banks really do those stuff?
Banks usually have two titles. A group title and a bank title.
I've seen AVP in a variety of FO roles.
It could also be a Front Office role in Commercial Banking
I've seen many avp as Sr associatie essentially
In BB FO, my title is interchangeable as Associate/AVP.
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Nobis velit soluta voluptates et facere porro. Id et voluptatum sed repellat aliquid minima ut. Aliquam vitae repellendus corporis autem fuga facere cum.
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