General Discussion
In reply to the discussion: Nothing To See Here: 39th Banker Dead in 13 Months, Third this Year [View all]Godhumor
(6,437 posts)And before you ask, I am a former banker. I was an assistant VP in compensation and benefits and was responsible for a lot of salary and title comparisons vs global industry wide standards. Title inflation in banking is ridiculous and is something I was an expert in.
While titles will change, banks generally follow a vertical hierarchy like below:
Non-officer (all lower level positions)
Banking officer (beginning of management track)
Assistant VP
VP (beginning of middle management)
Administrative VP
Group VP
Senior VP (beginning of senior management)
Executive VP/Executive Director
C-level jobs (CFO, CPO, COO)
CEO
I am no longer a banker--it was an insanely stressful job that produced nothing but anxiety. I am extremely glad I left the profession, but that doesn't negate that there is a real lens bias happening with the "dead bankers" stories.