Financial Risk Specialist Salary
Financial Risk Specialists earn a median $117,330 a year nationally. Business and Financial Operations Occupations
What financial risk specialists do
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)
- Openings per year
- 4,800
Employment of financial risk specialists is projected to grow 7.4% from 2025 to 2035, faster than the 3.5% average for all occupations. About 4,800 openings are expected each year, on average, including jobs left by workers who retire or switch careers.
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Financial Risk Specialist take-home pay calculator
Starts at the national median. Pick your state to see your real paycheck.
- Federal income tax$16,983
- Social Security (6.2%)$7,274
- Medicare (1.45%)$1,701
- Texas income tax$0
- Take-home pay$91,372
Marginal rate: 22% federal + 0.00% state
Pay by experience
| Percentile | Salary | Hourly | Take-home (no state tax) |
|---|---|---|---|
| 10th percentile (entry level) | $64,820 | $31.16 | $54,263 |
| 25th percentile | $83,980 | $40.38 | $67,910 |
| Median (50th) | $117,330 | $56.41 | $91,372 |
| 75th percentile | $158,250 | $76.08 | $119,430 |
| 90th percentile (top earners) | $196,110 | $94.28 | $146,027 |
Best cities for financial risk specialists (after tax & cost of living)
| # | Metro area | Median | Take-home | Real value* | Jobs |
|---|---|---|---|---|---|
| 1 | New York, NY | $139,670 | $99,530 | $88,422 | 12,770 |
| 2 | Chicago, IL | $105,370 | $77,887 | $75,184 | 2,360 |
*Take-home pay in U.S.-average dollars (BEA Regional Price Parities).
Highest-paying cities
- New York, NY — $139,670
- Chicago, IL — $105,370
Financial Risk Specialist salary by state
| State | Median | 1-yr change | Take-home | Range | Jobs |
|---|---|---|---|---|---|
| New Hampshire | $158,320 | +49.6% | $119,478 | $82,480 – $160,060 | 300 |
| Maine | $141,020 | +25.8% | $99,066 | $64,410 – $149,990 | — |
| Delaware | $139,440 | +7.2% | $98,711 | $80,810 – $178,570 | 1,160 |
| New York | $136,830 | −1.1% | $97,757 | $84,550 – $220,260 | 12,060 |
| North Carolina | $132,040 | +23.3% | $96,756 | $70,440 – $207,820 | 3,200 |
| Massachusetts | $130,400 | +9.6% | $94,094 | $71,390 – $209,200 | 1,440 |
| New Jersey | $129,220 | +5.1% | $93,547 | $81,230 – $199,030 | 2,760 |
| California | $129,110 | +15.7% | $90,057 | $76,610 – $208,360 | 5,740 |
| Virginia | $126,510 | +11.7% | $91,275 | $77,080 – $191,720 | 1,770 |
| Washington | $123,150 | +12.1% | $95,439 | $64,120 – $184,630 | 900 |
| Colorado | $120,300 | +16.3% | $88,876 | $75,460 – $174,770 | 1,050 |
| Wyoming | $119,550 | +3.3% | $92,933 | $101,370 – $119,550 | 170 |
| Maryland | $117,130 | +11.2% | $86,004 | $73,330 – $172,410 | 890 |
| Connecticut | $113,990 | +7.6% | $84,328 | $75,080 – $208,790 | 660 |
| Oregon | $109,580 | −3.8% | $77,161 | $64,720 – $158,250 | 430 |
| Iowa | $105,680 | +6.8% | $79,812 | $71,230 – $167,770 | 530 |
| Minnesota | $105,420 | −1.4% | $77,348 | $72,930 – $161,880 | 1,190 |
| Rhode Island | $104,470 | +6.6% | $78,964 | $59,290 – $186,580 | 450 |
| Illinois | $104,300 | +6.0% | $77,187 | $65,260 – $202,260 | 2,920 |
| Michigan | $103,940 | +3.5% | $77,785 | $60,400 – $165,410 | 1,150 |
| Texas | $103,760 | +8.0% | $81,825 | $64,250 – $159,220 | 4,780 |
| Pennsylvania | $103,040 | +2.8% | $78,155 | $64,700 – $172,820 | 2,370 |
| Arizona | $102,800 | +11.2% | $78,789 | $57,400 – $165,880 | 1,700 |
| Montana | $100,920 | — | $75,486 | $82,000 – $133,500 | 50 |
| Missouri | $100,620 | +7.3% | $75,824 | $60,850 – $162,140 | 1,070 |
| Georgia | $100,570 | −6.6% | $74,984 | $38,550 – $167,790 | 2,180 |
| Nevada | $100,010 | +19.6% | $79,187 | $65,000 – $169,040 | 570 |
| Florida | $99,900 | −0.8% | $79,110 | $58,080 – $172,550 | 3,770 |
| South Carolina | $99,520 | +21.1% | $74,028 | $59,580 – $167,820 | 560 |
| Indiana | $99,250 | +0.4% | $75,754 | $52,780 – $159,050 | 380 |
| District of Columbia | $99,230 | −13.4% | $73,172 | $82,960 – $204,930 | 210 |
| Ohio | $98,650 | +1.6% | $76,300 | $62,710 – $163,210 | 2,110 |
| Wisconsin | $97,820 | +4.5% | $73,842 | $64,630 – $141,030 | 610 |
| Mississippi | $96,100 | — | $73,324 | $51,780 – $198,880 | 230 |
| West Virginia | $94,350 | +5.0% | $71,592 | $56,050 – $137,660 | 50 |
| Nebraska | $94,280 | +9.3% | $71,746 | $58,190 – $124,750 | 250 |
| Tennessee | $90,950 | +17.0% | $72,813 | $57,270 – $154,490 | 540 |
| Hawaii | $89,860 | +7.4% | $66,747 | $61,740 – $134,990 | 90 |
| New Mexico | $87,260 | +8.8% | $67,273 | $59,170 – $132,870 | 180 |
| Alaska | $85,370 | −32.3% | $68,888 | $55,860 – $131,730 | 50 |
| Oklahoma | $85,140 | +2.9% | $65,440 | $50,630 – $139,930 | 330 |
| Kansas | $84,790 | +11.0% | $64,548 | $47,430 – $208,040 | 150 |
| Alabama | $81,750 | −1.4% | $62,519 | $39,640 – $141,000 | 180 |
| South Dakota | $78,960 | +10.2% | $64,378 | $70,310 – $148,750 | 130 |
| Utah | $77,770 | −1.5% | $61,008 | $57,250 – $135,360 | 630 |
| Idaho | $76,870 | +6.2% | $59,942 | $51,310 – $135,780 | 270 |
| Kentucky | $74,640 | −7.4% | $58,844 | $48,310 – $107,800 | 500 |
| North Dakota | $74,630 | +6.6% | $61,136 | $50,320 – $149,820 | 90 |
| Arkansas | $66,110 | −14.7% | $52,934 | $47,860 – $140,050 | 150 |
| Louisiana | $58,440 | +6.2% | $47,770 | $48,660 – $82,760 | 520 |
Related jobs
| Job | Median salary | Education | Growth 2025–35 |
|---|---|---|---|
| Personal Financial Advisor | $105,070 | Bachelor's degree | +1.4% |
| Financial and Investment Analyst | $102,740 | Bachelor's degree | +7.2% |
| Insurance Underwriter | $81,370 | Bachelor's degree | -3.8% |
| Financial Examiner | $94,160 | Bachelor's degree | +9.3% |
| Budget Analyst | $91,640 | Bachelor's degree | +1.9% |
| Accountant and Auditor | $83,680 | Bachelor's degree | +5.0% |
| Credit Analyst | $83,510 | Bachelor's degree | -4.3% |
| Financial Specialists, All Other | $81,100 | Bachelor's degree | +4.1% |
| Loan Officer | $76,690 | Bachelor's degree | +1.1% |
| Property Appraiser and Assessor | $67,960 | Bachelor's degree | +3.5% |
Frequently asked questions
How much does a financial risk specialist make?
The national median salary for financial risk specialists is $117,330 a year ($56.41 an hour). The lowest-paid 10% earn under $64,820 and the top 10% earn over $196,110. Source: BLS, May 2025.
Which state pays financial risk specialists the most?
New Hampshire has the highest median pay at $158,320. After taxes and local prices, New York, NY offers the best real take-home pay of any metro area.
How many financial risk specialists are there in the U.S.?
About 63,850 people work as financial risk specialists nationwide.