How to hire a funding analyst

How to hire a funding analyst, step by step

Here's a step-by-step funding analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a funding analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new funding analyst
• Step 8: Go through the hiring process checklist

What does a funding analyst do?

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1. Identify your hiring needs

   Before you post your funding analyst job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a funding analyst for hire on a part-time basis or as a contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a funding analyst to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a funding analyst that fits the bill.

   This list shows salaries for various types of funding analysts.

   Type of Funding Analyst	Description	Hourly rate
   Funding Analyst	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$23-68
   Investment Advisor	An investment advisor is responsible for managing the clients' financial portfolios, advising them of investment options according to their financial goals and objectives, and their ability to handle risks. Investment advisors should have excellent knowledge of the investment policies, providing the clients with the best financial strategies according to their interests... Show more	$28-88
   Analyst Internship	An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement... Show more	$13-25

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Financial Statements
   • Portfolio Management
   • PowerPoint
   • Strong Analytical
   • Risk Management
   • Hedge Funds
   • Due Diligence
   • Treasury
   • NAV
   • Securities
   • Reconciliations
   • World-Class Customer Service
   • Financial Analysis
   • Mutual Funds

   Check all skills

   Responsibilities:

   • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
   • Create PowerPoint presentations for the partners to present to their clients.
   • Maintain positive relationships with mortgage closers and treasury to ensure accurate and timely wire transfers for brokers.
   • Conduct historical performance analysis of private securities hold in the hedge fund with statistical and economical models.
   • Update applicable assets and liability accounts and followed-up on past due dividends, interest receivables and unsettle securities transactions.
   • Analyze office administration support for analysts supporting DOD projects to identify efficiency opportunities to prototype and write report of analysis findings.

   More funding analyst duties

3. Make a budget

   Including a salary range in your funding analyst job description is a great way to entice the best and brightest candidates. A funding analyst salary can vary based on several factors:

   • Location. For example, funding analysts' average salary in hawaii is 54% less than in new york.
   • Seniority. Entry-level funding analysts earn 66% less than senior-level funding analysts.
   • Certifications. A funding analyst with a few certifications under their belt will likely demand a higher salary.
   • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a funding analyst's salary.

   Average funding analyst salary

   $82,744yearly

   $39.78 hourly rate

   ---

   Entry-level funding analyst salary

   $48,000 yearly salary

   Updated December 19, 2025

   Average funding analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	New York	$117,424	$56
   2	Connecticut	$111,677	$54
   3	Massachusetts	$109,928	$53
   4	New Jersey	$101,654	$49
   5	Pennsylvania	$99,699	$48
   6	Washington	$98,440	$47
   7	California	$98,420	$47
   8	District of Columbia	$94,462	$45
   9	Michigan	$93,657	$45
   10	Ohio	$92,206	$44
   11	Delaware	$83,828	$40
   12	Arizona	$79,917	$38
   13	Indiana	$78,869	$38
   14	Illinois	$78,574	$38
   15	Wisconsin	$77,241	$37
   16	South Carolina	$75,511	$36
   17	Minnesota	$73,758	$35
   18	Missouri	$72,637	$35
   19	Colorado	$70,766	$34
   20	Texas	$69,170	$33

   Average funding analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	PitchBook Data	$145,246	$69.83	2
   2	Crestline Investors	$134,917	$64.86	1
   3	iCapital Network	$116,792	$56.15	1
   4	Evercore	$113,094	$54.37	4
   5	Riverside Partners	$112,973	$54.31
   6	MUFG EMEA	$112,048	$53.87
   7	KBI Global Investors	$110,380	$53.07
   8	HSBC Bank	$109,387	$52.59	1
   9	Merchants Fleet	$109,164	$52.48
   10	Janus Henderson U.S.	$105,686	$50.81	3
   11	Barclays	$105,246	$50.60	9
   12	Northern Trust	$102,064	$49.07	6
   13	Morgan Stanley	$99,157	$47.67	37
   14	JANA Partners	$98,857	$47.53
   15	Wellington Group	$98,104	$47.17
   16	BNY Mellon	$96,717	$46.50	5
   17	Citi	$94,493	$45.43	57
   18	Farm Credit System	$93,882	$45.14	8
   19	Nepc, Llc	$92,376	$44.41	2
   20	Central Coast Agriculture	$87,097	$41.87

4. Writing a funding analyst job description

   A job description for a funding analyst role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a funding analyst job description:

   Funding analyst job description example

   About BNY Mellon
   
   BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
   
   Job description:
   
   * Cash Processing and Funds Transfer - monitors client payments, daily cash and wire transactions, and acts as a first line of defense by addressing flags raised by transaction system.
   * Manages the daily processing of cash movements by bank clients and confirm validity of transactions with manager in cash processing and relationship managers with connection to clients.
   * Confirms wire instructions and receipt from clients and inputs transactions into appropriate systems.
   * Supports more senior cash processing associates with booking trades and confirming outgoing wire transactions with receivers.
   * Monitors systems to catch flags on transactions without receipts or any mismatches, addresses items that failed first round inspection by transaction systems.
   * Acts as point of contact for clients and wire recipients and addresses inquiries and concerns about the transfer process.
   * No direct reports.
   * May have people management responsibilities in some geographies.
   * Contributes to the achievement of team objectives.
   
   Qualifications:
   
   * Bachelors degree or the equivalent combination of education and experience is required.
   * 0-3 years of total work experience preferred.
   * Experience in financial services operations preferred.
   
   #LI-Hybrid
   
   BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.
   
   Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

   Copy this example

   

5. Post your job

   There are a few common ways to find funding analysts for your business:

   • Promoting internally or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to meet candidates with the right educational background.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.

   Post your job online:

   • Post your funding analyst job on Zippia to find and recruit funding analyst candidates who meet your exact specifications.
   • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post a job on free websites.

6. Interview candidates

   Your first interview with funding analyst candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new funding analyst

   Once you have selected a candidate for the funding analyst position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

   It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

   To prepare for the new funding analyst first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire a funding analyst?