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Operations servicing specialist vs business specialist

The differences between operations servicing specialists and business specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business specialist has an average salary of $73,521, 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 specialist are patients, customer service, and product knowledge.

Operations servicing specialist vs business specialist overview

Operations Servicing SpecialistBusiness Specialist
Yearly salary$45,716$73,521
Hourly rate$21.98$35.35
Growth rate10%4%
Number of jobs99,47595,909
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 65%
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 specialist do?

A business specialist's role is to perform research and analysis to determine the company's strengths and weaknesses, aiming to improve and develop areas for optimal performance. Their responsibilities revolve around coordinating with different departments to gather relevant data, identifying new opportunities and ways to meet clients' needs, devising strategies and programs for profit growth, and developing new processes for business efficiency. Furthermore, it is essential to provide corrective measures on various issues and concerns, all while implementing the company's policies and regulations.

Operations servicing specialist vs business specialist salary

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

Operations Servicing SpecialistBusiness Specialist
Average salary$45,716$73,521
Salary rangeBetween $31,000 And $66,000Between $44,000 And $120,000
Highest paying CityNewark, NJSeattle, WA
Highest paying stateNew JerseyWashington
Best paying companyMicrosoftBP America Inc
Best paying industryTechnology-

Differences between operations servicing specialist and business specialist education

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

Operations Servicing SpecialistBusiness Specialist
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Operations servicing specialist vs business specialist demographics

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

Operations Servicing SpecialistBusiness Specialist
Average age4444
Gender ratioMale, 43.9% Female, 56.1%Male, 48.1% Female, 51.9%
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 specialist 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 specialist example responsibilities.

  • Manage existing accounts while identifying new sources of opportunities for sales in the SME segment through cold calling and prospecting.
  • Schedule appointments for estimates for replacement windows, doors, bathroom remodels, gutter replacements, etc.
  • Contribute to product development and roll out of multiple insulation, foam, windows & siding products.
  • Analyze weekly POS data to identify product trends, additional sales opportunities, and drive sales to exceed budgets.
  • Observe strict confidentiality within HIPAA regulations.
  • Work with electronic medical records system uploading documents into patients files.
  • Show more

Operations servicing specialist vs business specialist skills

Common operations servicing specialist skills
  • Data Entry, 11%
  • Securities, 6%
  • PowerPoint, 6%
  • Strong Customer Service, 6%
  • Booking, 5%
  • CRM, 5%
Common business specialist skills
  • Patients, 16%
  • Customer Service, 14%
  • Product Knowledge, 7%
  • Power Bi, 7%
  • Data Analysis, 4%
  • Treasury, 4%

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