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Funding specialist vs quality specialist

The differences between funding specialists and quality specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a quality specialist has an average salary of $65,230, which is higher than the $43,459 average annual salary of a funding specialist.

The top three skills for a funding specialist include data entry, excellent organizational and ACH. The most important skills for a quality specialist are customer service, data analysis, and continuous improvement.

Funding specialist vs quality specialist overview

Funding SpecialistQuality Specialist
Yearly salary$43,459$65,230
Hourly rate$20.89$31.36
Growth rate-3%10%
Number of jobs47,80680,316
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 56%
Average age4444
Years of experience--

What does a funding specialist do?

A Funding Specialist is in charge of facilitating the funding procedures of a company. They mainly function by identifying the funding needs of projects and programs, conducting extensive research and analyses, and developing plans and strategies to secure funding, all while adhering to the company's policies and regulations. Moreover, aside from planning, a funding specialist is also responsible for liaising with internal and external parties, establishing budget guidelines, preparing and processing documents, and resolving issues promptly and efficiently should any arise.

What does a quality specialist do?

Quality control senior scientists ensure that testing, materials, and laboratory equipment are up to standard. In the course of their career, they can expect to perform tests for the quality of manufacturing processes in order to ensure compliance with predetermined criteria, as well as ensuring that final products are safe for sale or distribution. This is a career that requires the skills of teamwork, communication, writing, and prioritization. Also, good attention to detail and some technical skills will be needed.

Funding specialist vs quality specialist salary

Funding specialists and quality specialists have different pay scales, as shown below.

Funding SpecialistQuality Specialist
Average salary$43,459$65,230
Salary rangeBetween $30,000 And $62,000Between $43,000 And $98,000
Highest paying CityUrban Honolulu, HISan Francisco, CA
Highest paying stateHawaiiCalifornia
Best paying companyNorthern TrustMeta
Best paying industryFinanceGovernment

Differences between funding specialist and quality specialist education

There are a few differences between a funding specialist and a quality specialist in terms of educational background:

Funding SpecialistQuality Specialist
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Funding specialist vs quality specialist demographics

Here are the differences between funding specialists' and quality specialists' demographics:

Funding SpecialistQuality Specialist
Average age4444
Gender ratioMale, 36.9% Female, 63.1%Male, 44.7% Female, 55.3%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between funding specialist and quality specialist duties and responsibilities

Funding specialist example responsibilities.

  • Manage a variety of operational tasks for moderately complex securities transactions that require knowledge of vary systems and processes.
  • Assist the quantitative analyst in improving the work efficiency by optimizing VBA codes for the fund analysis.
  • Work daily with equities, fix income, futures, swaps, options, FX and other derivative instruments.
  • Facilitate month-end close processes, invoicing, journal entries and account reconciliations
  • Perform extensive market research in Bloomberg terminals and Capital-IQ to analyze companies.
  • Prepare PowerPoint presentations and updates of financial spreadsheets for internal and external distribution.
  • Show more

Quality specialist example responsibilities.

  • Manage CMOs that provide Endo with API, bulk, packaging services, and/or finish goods, including clinical material.
  • Manage PPAP sample dimensional verification activities.
  • Recommend changes to organizational committee structure to achieve higher level of accountability and oversight.
  • Manage document control including initiating and revising procedures, QA approval and implementation of documents.
  • Manage performance improvement and quality improvement projects design to assess and improve health outcomes for Medicaid members.
  • Manage hospital core measures abstraction, registry abstractions and review services to assist healthcare organizations in improving performance.
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Funding specialist vs quality specialist skills

Common funding specialist skills
  • Data Entry, 11%
  • Excellent Organizational, 9%
  • ACH, 7%
  • Quality Customer Service, 6%
  • Escrow, 5%
  • Loan Packages, 4%
Common quality specialist skills
  • Customer Service, 8%
  • Data Analysis, 6%
  • Continuous Improvement, 6%
  • Process Improvement, 5%
  • Management System, 5%
  • FDA, 5%

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