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Operations servicing specialist vs operations associate

The differences between operations servicing specialists and operations associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, an operations associate has an average salary of $52,703, 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 an operations associate are customer service, sales floor, and basic math.

Operations servicing specialist vs operations associate overview

Operations Servicing SpecialistOperations Associate
Yearly salary$45,716$52,703
Hourly rate$21.98$25.34
Growth rate10%-8%
Number of jobs99,47570,275
Job satisfaction-5
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 an operations associate do?

An operations associate is responsible for performing administrative and clerical tasks to support the organization's daily operations. An operations associate must have excellent organizational skills to perform various duties for different business functions under the supervision of an operations manager. Operations associates respond to clients' inquiries and concerns, prepare meeting reports, schedule appointments, assisting on payroll release, update employees' information on the database, process contract agreements, and help the senior management to identify business opportunities that would generate revenues.

Operations servicing specialist vs operations associate salary

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

Operations Servicing SpecialistOperations Associate
Average salary$45,716$52,703
Salary rangeBetween $31,000 And $66,000Between $28,000 And $95,000
Highest paying CityNewark, NJNew York, NY
Highest paying stateNew JerseyNew York
Best paying companyMicrosoftBiogen
Best paying industryTechnology-

Differences between operations servicing specialist and operations associate education

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

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

Operations servicing specialist vs operations associate demographics

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

Operations Servicing SpecialistOperations Associate
Average age4444
Gender ratioMale, 43.9% Female, 56.1%Male, 50.2% Female, 49.8%
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 operations associate 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

Operations associate example responsibilities.

  • Demonstrate ability to manage and organize clinical setting for patients and families.
  • Meet minimum standards for compliance with AML laws and regulations.
  • Organize and complete online LTL shipment orders for customers and vendors.
  • Create new access, removing access, and act as SME for offshore staff.
  • Perform preventative maintenance, as needed, to assist in the achievement of SLA contractual requirements.
  • Communicate with LTL, TL carriers regarding billing/invoice, class, re weigh and other discrepancies.
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Operations servicing specialist vs operations associate skills

Common operations servicing specialist skills
  • Data Entry, 11%
  • Securities, 6%
  • PowerPoint, 6%
  • Strong Customer Service, 6%
  • Booking, 5%
  • CRM, 5%
Common operations associate skills
  • Customer Service, 28%
  • Sales Floor, 16%
  • Basic Math, 14%
  • Portfolio, 13%
  • Work Ethic, 7%
  • Math, 6%

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