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First Vice President Jobs (NOW HIRING)

Vice President

Melville, NY · On-site

$115K - $150K/yr

This position will report directly to the First Vice President, Commercial Lines Marketing Manager. The primary responsibility of the VP is to market and place new and renewal business as assigned by ...

As a CBRE VAS First Vice President, you will independently prepare market value appraisals on real estate assets with review by a Managing Director or Senior MD. You'll prepare real estate appraisal ...

Honorary Titles of Senior Associate, Vice President, First Vice President, Senior Vice President, Executive Vice President and Vice Chairman are awarded based on production. This job is part of the ...

Honorary Titles of Senior Associate, Vice President, First Vice President, Senior Vice President, Executive Vice President and Vice Chairman are awarded based on production. This job is part of the ...

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First Vice President information

See salary details

$43.5K

$157.5K

$277.5K

How much do first vice president jobs pay per year?

As of Jun 21, 2026, the average yearly pay for first vice president in the United States is $157,532.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $190,000.00 per year, depending on experience, location, and employer.

What is an SVP salary?

An SVP (Senior Vice President) salary varies depending on the industry, company size, and location, but typically ranges from $150,000 to over $300,000 annually. Compensation often includes bonuses, stock options, and other benefits, reflecting the seniority and responsibilities of the role.

What is a First Vice President?

A First Vice President is a senior executive position commonly found in large organizations, especially in banking, finance, and corporate sectors. This role typically ranks just below the President or Chief Executive Officer and is responsible for overseeing major divisions, managing high-level operations, and helping set strategic direction. First Vice Presidents often supervise other vice presidents and play a key role in organizational decision-making. Their specific responsibilities can vary depending on the company's size and industry. The position requires strong leadership, extensive experience, and a track record of success in management.

What was the original role of the vice president?

The original role of the vice president was to act as the second-in-command to the president, often serving as a backup and taking over presidential duties if needed. Historically, the vice president also presided over the Senate and cast tie-breaking votes. Over time, the role has expanded to include more executive responsibilities depending on the organization or government structure.

What are the key skills and qualifications needed to thrive as a First Vice President, and why are they important?

To thrive as a First Vice President, you typically need a proven track record in leadership, strategic planning, and business development, often supported by an advanced degree such as an MBA. Familiarity with enterprise resource planning (ERP) systems, financial analysis tools, and relevant industry certifications is highly valued. Exceptional communication, decision-making, and relationship-building abilities help distinguish top performers in this executive role. These competencies are crucial for effectively guiding organizational strategy, managing teams, and achieving business objectives at a high level.

Is first VP higher than SVP?

In most organizational structures, a First Vice President (First VP) is considered a senior-level executive, often ranking just below or equivalent to a Senior Vice President (SVP). However, the specific hierarchy can vary by company, with some organizations placing SVPs above First VPs. It is important to review the company's internal titles and structure for precise ranking.

What are the typical responsibilities and team dynamics for a First Vice President in a corporate setting?

As a First Vice President, you will typically oversee multiple departments or large teams, working closely with senior leadership to execute organizational strategies. The role often involves setting departmental goals, managing budgets, and ensuring cross-functional collaboration among teams. You’ll frequently participate in high-level decision-making and mentor junior leaders. This position provides significant opportunities for career advancement, often acting as a stepping stone to executive roles such as Executive Vice President or Chief Officer.

What is the difference between First Vice President vs Vice President?

AspectFirst Vice PresidentVice President
CredentialsTypically requires advanced degrees and extensive industry experienceSimilar educational background, often with significant experience
Work EnvironmentSenior leadership in large organizations, often with strategic responsibilitiesExecutive role with focus on specific departments or functions
Employer & Industry UsageCommon in banking, finance, and corporate sectorsWidely used across industries, including finance, marketing, and operations

The main difference between a First Vice President and a Vice President lies in seniority and scope. First Vice Presidents usually hold a higher, more strategic position within large organizations, often overseeing multiple departments or regions. Vice Presidents typically focus on specific areas within the company. Both roles require similar credentials but differ in responsibilities and organizational hierarchy.

What does it mean to be a first Vice President?

A first Vice President is a senior executive role often found in large organizations or financial institutions, responsible for overseeing specific departments or functions and supporting the company's leadership. This position typically requires extensive experience, leadership skills, and may involve strategic planning and decision-making responsibilities.
What cities are hiring for First Vice President jobs? Cities with the most First Vice President job openings:
What are the most commonly searched types of First jobs? The most popular types of First jobs are:
What states have the most First Vice President jobs? States with the most job openings for First Vice President jobs include:
Infographic showing various First Vice President job openings in the United States as of June 2026, with employment types broken down into 7% Locum Tenens, 86% Full Time, and 7% Part Time. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $157,532 per year, or $75.7 per hour.
Commercial Banker (VP, 1st VP or SVP level)

Commercial Banker (VP, 1st VP or SVP level)

Old Second National Bank

Elgin, IL • Hybrid

$145K - $195K/yr

Full-time

Posted 22 days ago


Job description

Who We Are

At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!

Position Overview

The Commercial Banker is responsible for growing and retaining profitable relationships through 100% self-generated business development within Business Banking through Middle Market segments, i.e., companies with annual revenues up to $50 million.

This is accomplished by focusing on the delivery of value-added financial solutions to clients and prospects that will help them reach their goals and maximize the Bank's revenues over the life of the relationship. The Banker will focus all of their time on business development activities and will be responsible for growing a book of business from scratch. Once business is earned, the Banker will manage their portfolio and continue to expand their book of business.

The Banker will prospect for loans up to $25 million range. Incumbents are expected to grow their book of business with an emphasis on holistic client relationships that includes lending, deposit and cross-sale opportunities. The lending goals are generalist including C&I and Commercial Estate Loans. Annual loan production goals are as follows:

VP Level: $7.5 - $15M

1st VP Level: $8.75 - $17.5M

SVP Level: $10 - $25M

Essential Job Functions

  • Builds relationships with customers and prospects to thoroughly evaluate their commercial banking needs. Major focus will be lending with additional emphasis on cross-selling Cash Management products, Retail Banking and Mortgage products, and Wealth Management services.
  • Closely assesses business opportunities to ensure that the potential business follows prescribed profitability standards.
  • Creates and executes comprehensive business/calling/prospecting plan to maximize business opportunities and relationships.
  • As a seasoned lender, incumbent is expected to prospect for solid credits and relationships in markets that are inside and outside the Bank's historical footprint.
  • Responsible for expanding Centers of Influence base via ongoing, results-oriented community networking.
  • Builds internal relationships with non-Commercial business unit representatives by inviting them out on appropriate client calls and working collaboratively to meet the banking needs of middle market customers.
  • May partner with manager to coach/mentor more junior lenders.

Minimum Requirements – VP Level/ 1st VP Level

Undergraduate degree in Business or related field and five or more years of experience in a commercial banking role with a proven track record of successful business deals that feature total relationships; or equivalent combination of education and experience.

Minimum Requirements – SVP Level

  • Undergraduate degree in business, or related field, and seven or more years of experience within commercial Banking with a proven track record of successful business deals that feature total relationships.

Competencies

  • Proven relationship management skill and the ability to establish rapport with business owners.
  • Quantifiable credit skills and a proven sense of discernment about credit quality.
  • The ability to comprehensively understand the banking/financial needs of current and prospective customers.
  • Ability to develop comprehensive, results-oriented business plans that emphasize calling, prospecting and customer retention.
  • Excellent written and verbal communication skills as well as strong listening skills.

Location Details

This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs. Incumbent may perform onsite duties at Bensenville, Elgin, or other available locations within the Greater-Chicago branch footprint.

Note: Job levels and hiring decisions are based upon both the business needs of the department and the qualifications of the incumbent. In some cases, an incumbent may meet the requirements at VP, 1st VP, or SVP level but may be hired in at a lower level based upon business needs and staffing dynamics.


Compensation & Benefits

Base pay - VP Level: $110,150 - $150,000

Base Pay - 1st VP Level: $126,750 - $170,000

Base Pay - SVP Level: $145,750 - $195,000

Officer Bonus Eligible: VP/ 1st VP and SVP - Eligible to participate in the Annual Officer Incentive plan with a target bonus up to 40% of base salary based various performance components.

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits: How We Support You - Old Second

Thanks for considering Old Second!