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Operations specialist vs funding specialist

The differences between operations specialists and funding specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an operations specialist has an average salary of $54,752, which is higher than the $43,459 average annual salary of a funding specialist.

The top three skills for an operations specialist include customer service, logistics and basic math. The most important skills for a funding specialist are data entry, excellent organizational, and ACH.

Operations specialist vs funding specialist overview

Operations SpecialistFunding Specialist
Yearly salary$54,752$43,459
Hourly rate$26.32$20.89
Growth rate10%-3%
Number of jobs109,18147,806
Job satisfaction4-
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 61%
Average age4444
Years of experience--

What does an operations specialist do?

An operations specialist is responsible for optimizing the business' daily operations, ensuring smooth process flow to provide the best services to clients. Operations specialists' duties include analyzing business procedures, identifying opportunities for business improvement, tracking the department's metrics and activities, providing assistance to colleagues, suggesting strategies for operations efficiency, and managing customer's inquiries and complaints. An operations specialist must be an excellent team player and detail-oriented, as well as proven time-management and decision-making skills to meet clients' needs and support the business' objectives.

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.

Operations specialist vs funding specialist salary

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

Operations SpecialistFunding Specialist
Average salary$54,752$43,459
Salary rangeBetween $35,000 And $85,000Between $30,000 And $62,000
Highest paying CityWashington, DCUrban Honolulu, HI
Highest paying stateRhode IslandHawaii
Best paying companyCoatue ManagementNorthern Trust
Best paying industryGovernmentFinance

Differences between operations specialist and funding specialist education

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

Operations SpecialistFunding Specialist
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Operations specialist vs funding specialist demographics

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

Operations SpecialistFunding Specialist
Average age4444
Gender ratioMale, 50.6% Female, 49.4%Male, 36.9% Female, 63.1%
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 specialist and funding specialist duties and responsibilities

Operations specialist example responsibilities.

  • Develop and implement VBA scripts to automate tasks in financial reporting.
  • Manage all international A/R functions, reporting, sales, expense analysis and marketing campaigns as well as all royalties.
  • Manage and process 100 FDA electronic and paper submissions including safety reports, new investigator reports, amendments, and protocols.
  • Demonstrate ability to manage and organize clinical setting for patients and families.
  • Personalize and manage a customer SQL network database to consolidate all incoming orders from different marketplaces.
  • Manage a variety of operational tasks for moderately complex securities transactions that require knowledge of vary systems and processes.
  • Show more

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

Operations specialist vs funding specialist skills

Common operations specialist skills
  • Customer Service, 21%
  • Logistics, 4%
  • Basic Math, 4%
  • PowerPoint, 4%
  • Customer Satisfaction, 4%
  • Operational Procedures, 4%
Common funding specialist skills
  • Data Entry, 11%
  • Excellent Organizational, 9%
  • ACH, 7%
  • Quality Customer Service, 6%
  • Escrow, 5%
  • Loan Packages, 4%

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