Senior Vice President job description
A Senior Vice President is a professional who oversees internal operations, helps build strong customer relationships and maximizes the company’s operating performance. They also work toward achieving financial goals by helping their team reach its full potential in every way possible.
Use this Senior Vice President job description sample to find reliable candidates for your open executive-level roles. Feel free to modify responsibilities and requirements based on your needs.
What is a Senior Vice President?
Senior Vice Presidents hold an executive role in organizations, usually reporting to the CEO or the President of the company. They supervise a department (e.g. Engineering, Marketing) or a specific region where the company operates. The role of the Senior Vice President (SVP) is to play a leading role in high-level organizational decisions and daily operations.
What does a Senior Vice President do?
Senior Vice Presidents set business goals (e.g maximizing revenue) and solve internal issues when needed. They supervise Vice Presidents and managers and evaluate each department’s performance. They also ensure employee compliance with company policies.
Senior Vice President duties can include:
- Setting company goals and developing business strategies
- Preparing and allocating budgets
- Evaluating performance
Senior Vice President responsibilities and requirements may vary among different companies or departments. When crafting your Senior Vice President job description consider what specifically you need to include.
Job brief
We are looking for an experienced Senior Vice President to join our senior management team. You will manage your department’s VPs and managers.
On a daily basis, you’ll monitor and evaluate your department’s operating performance and ensure all policies are followed. You will research new business opportunities and lead budget decisions. To succeed in this role, it’s essential to have extensive management experience in this field and strong strategic and analytical thinking capabilities.
Overall, through this role, you will help us develop our business strategy and growth.
Responsibilities
- Overview daily operations
- Set performance and financial goals and attain them through team direction and management
- Assess, evaluate, and report on overall team and individual team member performance
- Prepare and allocate budgets
- Research and identify new business opportunities
- Seek new business tools and methods
- Collaborate with other executives and SVPs to decide on business strategies
- Evaluate department’s profits and revenue, and calculate risks
- Ensure compliance with company policies and local, regional and federal regulations
- Build and approve the department’s hiring plan
- Guide and support VPs and managers
Requirements and skills
- Experience in a managerial or executive role in this industry
- Strong experience in project management and budgeting
- Great understanding of business functions (Sales, Engineering, etc.)
- Demonstrable ability and proven track record in strategy-building and implementation
- Working knowledge of data analysis and performance metrics
- Excellent organizational and leadership skills
- Team player
- Degree in Business Management or relevant field
Frequently asked questions
- What does a Senior Vice President do?
- Senior Vice Presidents are often the second most powerful person within the company, meaning they step in to handle business operations as needed. In addition, they help facilitate strong relationships with clients and strive to meet the company’s marketing and financial objectives.
- What are the duties and responsibilities of a Senior Vice President?
- A Senior Vice President’s responsibilities include overseeing internal operations, helping to build strong customer relationships, and maximizing the company’s financial goals. In addition, their duties are to manage specific departments to ensure company success.
- What makes a good Senior Vice President?
- A strong Senior Vice President must be a leader with the confidence and ability to take over when necessary. They should have good communication and organization skills and solid decision-making abilities. In addition, Senior Vice Presidents should have strong analytical skills to help them make informed decisions for their company.
- Who does a Senior Vice President work with?
- A Senior Vice President works with the company’s CEO to ensure business goals are met promptly. They also work directly with their assigned team to help their employees reach their fullest potential.