What is avp in banking?

AVP means Assistant Vice President. It is a job title in a bank.

It is a middle manager position. So, not a junior person, but not a top boss either. The name is a bit confusing, you know? You hear "Vice President" and think of a very important person. But in big banks, there are many AVPs and VPs. It is not like the Vice President of the whole company.

An AVP usually manages a small team. Or they are a senior expert in something, like a senior analyst. For example, a manager of a large bank branch here in Canada, like at a big RBC or BMO, might have the title AVP.

The job levels in a bank often go like this. You start as an Analyst. Then you become an Associate. After that, the next step is often AVP. Then after AVP, you can become a Vice President (VP).

So, it is a title that shows you have good experience. It is a promotion and a step up. It is a good job to have.