Senior Vice President Job Description Template

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Senior Vice President Job Description Template

What is a Senior Vice President?

Senior Vice Presidents are responsible for overseeing company operations, developing strategic plans, managing executive teams, and ensuring organizational goals are met. They play a crucial role in shaping the company's direction and ensuring its long-term success.

A Senior Vice President typically holds an advanced degree in business administration or a related field. Extensive experience in leadership and management is also required.

Senior Vice President Job Description Template

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

  • 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
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