Career

Finance

 
Finance Careers | Financial Operations Specialist

Financial Operations Specialist

What Does a Professional in this Career Do?

Specializes in forseeing or carrying out financial transactions or other routine operations that are influenced by compliance needs. Requires some knowledge of accounting, billing, customer service and contracts. Helps businesses and their customers resolve financial billing and reconciliation issues.

Job Outlook

There were 211 Financial Operations Specialist job postings in North Carolina in the past year and 4371 in the United States.

In combination with other careers in the Financial Operations Specialist industry, which includes the Financial Operations Specialist career, the following graph shows the number of people employed for each year since 2012:

Salary

Many new Financial Operations Specialist jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.

National

The average estimated salary in the United States for this career, based on job postings in the past year, is $45,339.

State

The average estimated salary in North Carolina for this career, based on job postings in the past year, is $45,496.

Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Financial Operations Specialist postings in the United States in the past year were lower than $36,660.

Education and Experience

Posted Financial Operations Specialist jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.

Education LevelPercentage
Associate's Degree11%
Bachelor's Degree28%
Master's Degree2%
Doctoral Degree0%
Other60%

Posted Financial Operations Specialist jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.

Years of ExperiencePercentage
0 to 2 years57%
3 to 5 years39%
6 to 8 years4%
9+ years1%

Skills

Below are listings of the most common general and specialized skills Financial Operations Specialist positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.

Baseline Skills

A skill that is required across a broad range of occupations, including this one.

  • Communication Skills (%)
  • Detail-Oriented (%)
  • Microsoft Excel (%)
  • Microsoft Office (%)
  • Research (%)

Defining Skills

A core skill for this occupation, it occurs frequently in job postings.

  • Customer Service (36%)
  • Bank Secrecy Act (BSA) (11%)
  • Loan Processing (10%)
  • Loan Documentation (8%)
  • Securities (7%)

Necessary Skills

A skill that is requested frequently in this occupation but isn’t specific to it.

  • Customer Contact (16%)
  • Customer Checkout (13%)
  • Accounting (12%)
  • General Ledger (12%)
  • Scheduling (11%)

Distinguishing Skills

A skill that may distinguish a subset of the occupation.

  • Office of Foreign Assets Control (OFAC) Requirements (%)
  • Commercial Lending (%)
  • Cash Management (%)
  • Transaction Processing (%)
  • Mortgage Lending (%)

Alternative Job Titles

Sometimes employers post jobs with Financial Operations Specialist skills but a different job title. Some common alternative job titles include:

  • Operations Specialist
  • Deposit Operations Specialist
  • Loan Operations Specialist
  • Universal Operations Specialist
  • Enterprise Operations Appraisal Review Specialist

Similar Occupations

If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.

Common Employers

Here are the employers that have posted the most Financial Operations Specialist jobs in the past year along with how many they have posted.

United States

  • Wells Fargo (295)
  • Regions Financial Corporation (241)
  • JP Morgan Chase Company (227)
  • Santander (219)
  • U.S. Bancorp (92)

North Carolina

  • Wells Fargo (48)
  • Credit Suisse (31)
  • Truist Financial (22)
  • First Citizens Bank (18)
  • Suntrust Banks (13)

NC State Programs Relevant to this Career

If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!