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Operations servicing specialist vs business developer

The differences between operations servicing specialists and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, which is higher than the $45,716 average annual salary of an operations servicing specialist.

The top three skills for an operations servicing specialist include data entry, securities and powerpoint. The most important skills for a business developer are healthcare, CRM, and customer service.

Operations servicing specialist vs business developer overview

Operations Servicing SpecialistBusiness Developer
Yearly salary$45,716$101,635
Hourly rate$21.98$48.86
Growth rate10%10%
Number of jobs99,475193,469
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 72%
Average age4444
Years of experience--

What does an operations servicing specialist do?

An operations servicing specialist is in charge of developing strategies to optimize the daily operations in an organization. Among their responsibilities include gathering and analyzing reports, identifying the strengths and weaknesses of currents procedures, researching solutions against problem areas, generating leads, reviewing client feedback, and establishing policies and guidelines. They may address issues and concerns, resolving them promptly and efficiently to ensure client satisfaction and optimal services. Moreover, an operations servicing specialist may create projects and coordinate activities while adhering to the company's policies and regulations.

What does a business developer do?

A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.

Operations servicing specialist vs business developer salary

Operations servicing specialists and business developers have different pay scales, as shown below.

Operations Servicing SpecialistBusiness Developer
Average salary$45,716$101,635
Salary rangeBetween $31,000 And $66,000Between $66,000 And $156,000
Highest paying CityNewark, NJSan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyMicrosoftApple
Best paying industryTechnologyManufacturing

Differences between operations servicing specialist and business developer education

There are a few differences between an operations servicing specialist and a business developer in terms of educational background:

Operations Servicing SpecialistBusiness Developer
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Operations servicing specialist vs business developer demographics

Here are the differences between operations servicing specialists' and business developers' demographics:

Operations Servicing SpecialistBusiness Developer
Average age4444
Gender ratioMale, 43.9% Female, 56.1%Male, 65.8% Female, 34.2%
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 operations servicing specialist and business developer duties and responsibilities

Operations servicing specialist example responsibilities.

  • Manage a variety of operational tasks for moderately complex securities transactions that require knowledge of vary systems and processes.
  • Maintain current knowledge of ACH rules, proper procedures, and regulations.
  • Change ACH options on SACH to auto or manual for cash deposits or withdrawals on investment brokerage accounts.
  • Oversee direct deposit enrollment and benefits enrollment organizing and faxing forms to corporate payroll and outsourcing company to ensure employee enrollment.
  • Experience in training associates in nightly and monthly processes such as NAV and dividend processing.
  • Document and confirm overnight cash levels of funds and NAV calculations with the custodian bank.
  • Show more

Business developer example responsibilities.

  • Manage all marketing and sales duties in Asia and Caribbean markets.
  • Manage pipeline within SalesForce and maintain accurate prospect/client information.
  • Manage logistics, control engineering and design, order placement, vendor relationships, customer utilization and technology.
  • Provide enterprise-wide e-business leadership for platform and product development, e-commerce & CRM solutions, and end-to-end customer acquisition strategies.
  • Establish a social media presence through Facebook & LinkedIn to increase marketability and develop a virtual community for the organization.
  • Implement the company from UK in Switzerland.
  • Show more

Operations servicing specialist vs business developer skills

Common operations servicing specialist skills
  • Data Entry, 11%
  • Securities, 6%
  • PowerPoint, 6%
  • Strong Customer Service, 6%
  • Booking, 5%
  • CRM, 5%
Common business developer skills
  • Healthcare, 10%
  • CRM, 8%
  • Customer Service, 7%
  • Work Ethic, 4%
  • Linkedin, 3%
  • Sales Process, 3%

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