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Pricing specialist vs funding specialist

The differences between pricing specialists and funding specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a pricing specialist has an average salary of $73,472, which is higher than the $43,459 average annual salary of a funding specialist.

The top three skills for a pricing specialist include powerpoint, work ethic and pricing strategy. The most important skills for a funding specialist are data entry, excellent organizational, and ACH.

Pricing specialist vs funding specialist overview

Pricing SpecialistFunding Specialist
Yearly salary$73,472$43,459
Hourly rate$35.32$20.89
Growth rate19%-3%
Number of jobs58,31747,806
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 61%
Average age4444
Years of experience--

What does a pricing specialist do?

A pricing specialist is responsible for determining the appropriate pricing and value of the company's goods and services by analyzing the market trends and performing data and statistical analysis. Pricing specialists manage the pricing policies of an organization adhering to the business requirements and state regulations. They adjust pricing strategies according to public and market demands and coordinate with the marketing and sales team to inform and disseminate pricing adjustments to the customers and clients.

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.

Pricing specialist vs funding specialist salary

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

Pricing SpecialistFunding Specialist
Average salary$73,472$43,459
Salary rangeBetween $48,000 And $111,000Between $30,000 And $62,000
Highest paying CityReno, NVUrban Honolulu, HI
Highest paying stateConnecticutHawaii
Best paying companyNokiaNorthern Trust
Best paying industryFinanceFinance

Differences between pricing specialist and funding specialist education

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

Pricing SpecialistFunding Specialist
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Pricing specialist vs funding specialist demographics

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

Pricing SpecialistFunding Specialist
Average age4444
Gender ratioMale, 36.8% Female, 63.2%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 pricing specialist and funding specialist duties and responsibilities

Pricing specialist example responsibilities.

  • Utilize VBA to automate tasks and increase productivity by significantly decreasing report completion time.
  • Perform research of all bad debt accounts, outstanding checks, statements, bank information and all wire transfers including ACH.
  • Process all derivative trades to valuation systems.
  • Review and report stopped items base on OFAC regulations.
  • Review all OFAC hits and process all false hits.
  • Research and clear quality issues for FHA and conventional loans.
  • 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

Pricing specialist vs funding specialist skills

Common pricing specialist skills
  • PowerPoint, 11%
  • Work Ethic, 10%
  • Pricing Strategy, 8%
  • Data Entry, 7%
  • Customer Service, 6%
  • Strong Analytical, 6%
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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