I can 100% guarantee you that others outside the industry who are not in the Sales Division also have the title AVP

ok la, i think AVP title is very powerful too. hear also nice name

see some of the jobstreet for AVP

https://www.jobstreet.com.my/en/job/senior-...g-3374709?fr=21

https://www.jobstreet.com.my/en/job/assista...n-3362507?fr=21
this avp analyze data, prepare report, monitor

https://www.jobstreet.com.my/en/job/assista...s-3377832?fr=21

this avp is more to client servicing, aka relationship manager?

I worked in a banking industry for a while and maybe can shed some light on this.

Most international banks has a flatter hierarchy and has below positions:
Professional
Associate (manager & senior manager (AVP))
VP
ED
MD

Others have it as
Executive
Assistant Manager
Manager
AVP
VP
Director
MD

Basically same thing with more layers compared to another.

This post has been edited by sendomike: Aug 20 2017, 05:13 PM

Yup, you can't judge a person if their high ranking solely by their title.

For instance, a bank in UK (Not going to mention their name) promotes their candidates who just completed their Graduation Training programme which was only a 1 yr programme directly to a AVP. Hence, one may assume that AVP is an entry level position.

However, the title AVP may be more prestigious in another bank who has a different hierarchy.

In addition, you can't solely judge a person's salary by looking at their title without knowing the industry and the company that they are working with.

Not trying to brag here but when i was promoted to a Senior Analyst (roughly approximately 29months of starting my work as an Analyst), i was making more than the AVP's who were working with the Compliance division of my firm.

I guess thus Avp is a mysterious position. It can be highly ranked (equivalent to Snr Manager) or just a whatever position (assistant manager). In case of Cimb, its middle ranking management, it is above manager title but below Vp (which could be a head of department).i hope this will help those who wish to apply to Cimb and when u get offered a position of Avp.

Wat the Offer and JD?
AVP if go higher is VP///then SVP....

I have a friend who was a VP in Maybank, package was probably RM300k or so per year. This VP is closer to a senior manager position.

I know a person who's a VP in a different multinational. Package is probably closer to RM4m per year. There's only one VP in the whole country for this company.

I think titles are a bad way to compare scope and/or packages.

My friend worked as AVP (marketing cum product dev for PRS/UT) in CIMB, he told me AVP is same level as Manager.
Bonus is good, but there are cost cutting initiatives for flexible work time (4 days a week) for those who are interested and limited people was offered VSP twice last year.

fr CIMB its higher than manager lah.

very high you mean?

Nope, depends of the division. Though if you're with Group Finance and you're an AVP, you would only have 2 or 3 people under you. The ranking for the consumer banking follows as beloW;

1. VP
2. AVP
3.Manager
4.Assistant Manager
5. Senior Executive
6.Executive.

Now certain business units are pretty small that theres only 4 people in the team and there may be a HOD who's a Director (If he/she is a senior staffs) or you could find a VP who leads the team followed by him having an AVP and just an additional 2 or 3 people who may carry the tittle ranging from an Executive to a Manager.



Cheers, hope this helps

Hey guys, just give you all some insights.

Just joined CIMB Bank as a AVP.

Range is around RM 7 - RM 10k

Job Ranking:


1. Executive
2. Senior Executive
3. Assistant Manager
4. Manager
5. Associate Director

-----------Anything below these are not considered management------------------

6. AVP (middle level management) - Does not mean that there will be people reporting to you
7. Vice President 1- Does not mean that there will be people reporting to you
8 Vice President 2 - Does not mean that there will be people reporting to you
9. Director (Head of a Division - not the entire department) - Definitely will have people reporting to you
10. Senior Director
11. Senior Director 1

----------Anything above this is high level management--------------------

12. The highest ranking people (3 more ranks).

I was looking for this sort of information before i joined, so i hope it helps you guys too.

I don't think associate director level is below AVP, correct me if am wrong

I think you have gotten this wrong

Funny thing is, it can be more than that... how much more I leave it to your imagination.

What you are saying only reinforce my perception that this AVP rank is sandwiched between heaven and hell.

I wasn't so hesitant to leave my job cause i really didn't know whether i was settling for something that is lower or equal to my rank...

On top of that the benefit sucked. My existing firm is much better.

The only incentive was the big jump.

For the purposes of this discussion, AVP is either equal to Manager or higher than Manager rank.

Side note, there is something called internal / external ranking...

AVP is internal, the equivalent is Associate Director for external designation. If I recall correctly.

best way is judge by their salary

Najib's brother bank? If his salary 1M per month, the VP should be half and AVP should be quarter

Not entirely correct.

Associate Director is a title equivalent to AVP and VP level for the wholesale banking division. In some departments, even the title director does not mean there will be people reporting to you.

In addition, pay range vary widely across all departments. In some departments, there are those who are 2 levels below AVP (i.e., senior executives) but make more than RM7k.

How much in terms of % is the jump for the AVP job?

Can i still ask you on this?