As a vice president in private equity, you oversee deals and agreements, including an overall investment strategy and daily operations. In this management role, you may lead and mentor team members, work directly with clients, vet transactions, and give presentations. This job heavily emphasizes communication, including negotiation skills and the ability to convince current or potential clients to invest in your company. Many details of this job vary by company, and some vice presidents at this level work with other vice presidents to manage deals and help direct the overall company strategy. Vice presidents in private equity usually work under a director or principal and directly oversee senior associates.