Financial Risk Specialist Salary in New York, NY
Financial Risk Specialists in the New York-Newark-Jersey City, NY-NJ metro area earn a median $139,670 a year — 19% more than the national median. After 2026 taxes, that is $99,530 take-home, or $8,294 a month.
Take-home pay calculator
Pre-filled with the median financial risk specialist salary in New York, NY. Enter your own offer to see your paycheck.
- Federal income tax$22,255
- Social Security (6.2%)$8,660
- Medicare (1.45%)$2,025
- New York income tax$7,200
- Take-home pay$99,530
Marginal rate: 24% federal + 5.90% state
Living in New York City? City residents also pay New York City’s city income tax — about $4,979 a year on this salary — which lowers take-home pay to $94,551 ($7,879 a month). Choose “New York City” under City income tax in the calculator. Suburban residents usually don’t pay it.
The New York-Newark-Jersey City, NY-NJ metro spans New York, New Jersey. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Risk Specialist pay by experience in New York, NY
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $93,550 | $44.98 | $70,163 | $5,847 |
| 25th percentile | $108,170 | $52.00 | $79,586 | $6,632 |
| Median (50th) | $139,670 | $67.15 | $99,530 | $8,294 |
| 75th percentile | $178,990 | $86.05 | $124,086 | $10,340 |
| 90th percentile (top earners) | $220,260 | $105.89 | $151,703 | $12,642 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, New York resident, 2026 tax rules.
What $139,670 buys in New York, NY
Prices in New York, NY are 12.6% higher than the U.S. average (housing costs are 1.49× the national average). Adjusted for local prices, a median financial risk specialist's $99,530 take-home pay has the buying power of $88,422 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
New York, NY has 3.3× the national concentration of financial risk specialist jobs — a strong local market for this occupation.
Best-paying cities for financial risk specialists, adjusted for cost of living
New York, NY ranks #1 of 2 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | New York, NY | $139,670 | $99,530 | $88,422 |
| 2 | Chicago, IL | $105,370 | $77,887 | $75,184 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 2 metros →
About the job: financial risk specialists
Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.
- Typical education
- Bachelor's degree
- Work experience
- None required
- On-the-job training
- None
- Job outlook, 2025–35
- +7.4% (faster than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a financial risk specialist make in New York, NY?
The median financial risk specialist salary in the New York-Newark-Jersey City, NY-NJ metro area is $139,670 a year, or about $67.15 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $108,170 and $178,990.
What is a financial risk specialist’s take-home pay in New York, NY?
On the median $139,670 salary, a single filer living in New York takes home about $99,530 a year ($8,294 a month) after federal tax, Social Security, Medicare and $7,200 in New York taxes in 2026.
Is New York, NY a good place to work as a financial risk specialist?
Pay here is 19% above the national median of $117,330. Local prices are 12.6% above the U.S. average, so the take-home pay buys what $88,422 would in a typical U.S. city. New York, NY ranks #1 of 2 metro areas for cost-of-living-adjusted pay in this job.
Can a financial risk specialist afford rent in New York, NY?
HUD’s fair market rent for a one-bedroom in New York, NY is $2,378 a month ($2,697 for two bedrooms) — 29% of a median financial risk specialist’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
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