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Funding specialist vs senior specialist

The differences between funding specialists and senior specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior specialist has an average salary of $92,360, 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 senior specialist are customer service, patients, and SR.

Funding specialist vs senior specialist overview

Funding SpecialistSenior Specialist
Yearly salary$43,459$92,360
Hourly rate$20.89$44.40
Growth rate-3%10%
Number of jobs47,80680,308
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 64%
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 senior specialist do?

A senior specialist is a financial professional responsible for assisting senior citizens in managing their economic activities. Senior specialists must manage a portfolio of investors to ensure that foreclosed properties are ready for title transfer and monetary reimbursements. To reach compliance goals, senior specialists must provide staff training on Microsoft Office suite and other software applications. They also handle customer complaints through phone or email and provide their customer with the proper solution.

Funding specialist vs senior specialist salary

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

Funding SpecialistSenior Specialist
Average salary$43,459$92,360
Salary rangeBetween $30,000 And $62,000Between $63,000 And $134,000
Highest paying CityUrban Honolulu, HISan Francisco, CA
Highest paying stateHawaiiCalifornia
Best paying companyNorthern TrustCheniere Energy
Best paying industryFinancePharmaceutical

Differences between funding specialist and senior specialist education

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

Funding SpecialistSenior Specialist
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Funding specialist vs senior specialist demographics

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

Funding SpecialistSenior Specialist
Average age4444
Gender ratioMale, 36.9% Female, 63.1%Male, 51.4% Female, 48.6%
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 senior 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

Senior specialist example responsibilities.

  • Manage the JSC QMS system.
  • Lead special projects, train and mentore lean sigma teams.
  • Manage capacity planning activities for UAT and production environment.
  • Manage coordination, implementation and installation of next generation telemarketing system, an nt-base, client server environment.
  • Assist in the setup of the Documentum ACLs for WPS & QA and WPS, such that duplication doesn't occur.
  • Maintain awareness of HIPAA, SOX, GLB and other regulatory statues ensuring compliance within the work group.
  • Show more

Funding specialist vs senior specialist skills

Common funding specialist skills
  • Data Entry, 11%
  • Excellent Organizational, 9%
  • ACH, 7%
  • Quality Customer Service, 6%
  • Escrow, 5%
  • Loan Packages, 4%
Common senior specialist skills
  • Customer Service, 10%
  • Patients, 9%
  • SR, 8%
  • Java, 6%
  • Project Management, 5%
  • PowerPoint, 5%

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