Average Salary for Financial Risk Specialists
SOC 13-2054 · Business and Financial Operations Occupations · 2024 data
The median annual wage for Financial Risk Specialists in the United States is $106,000 ($50.96/hr), based on 2024 BLS OEWS data. Wages range from $62,270 at the 10th percentile to $182,310 at the 90th percentile nationally. An estimated 56,320 people work in this occupation across the country. The national median wage has grown 6% since 2021.
Median Annual
$106,000
Mean Annual
$119,930
10th Pct
$62,270
75th Pct
$145,020
Employment
56,320
Salary Distribution
$62k
10th
$80k
25th
$106k
Median
$145k
75th
$182k
90th
Highest Paying Metro Areas
| Metro Area | Median Annual |
|---|---|
| New York-Newark-Jersey City, NY-NJ | $141,960 |
| San Francisco-Oakland-Fremont, CA | $140,050 |
| San Jose-Sunnyvale-Santa Clara, CA | $137,420 |
| Charlotte-Concord-Gastonia, NC-SC | $130,750 |
| Bridgeport-Stamford-Danbury, CT | $129,470 |
| Seattle-Tacoma-Bellevue, WA | $128,440 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | $125,520 |
| Bloomington, IL | $124,940 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $123,450 |
| North Port-Bradenton-Sarasota, FL | $122,590 |
| Boston-Cambridge-Newton, MA-NH | $122,400 |
| Syracuse, NY | $121,540 |
| Portland-Vancouver-Hillsboro, OR-WA | $120,600 |
| Waterbury-Shelton, CT | $119,340 |
| Trenton-Princeton, NJ | $119,070 |
Salary by State
| State | Median Annual |
|---|---|
| New York | $138,330 |
| Delaware | $130,060 |
| Alaska | $126,050 |
| New Jersey | $123,000 |
| Massachusetts | $118,960 |
| Wyoming | $115,730 |
| District of Columbia | $114,550 |
| Oregon | $113,870 |
| Virginia | $113,260 |
| Maine | $112,070 |
| California | $111,560 |
| Washington | $109,890 |
| Georgia | $107,730 |
| North Carolina | $107,120 |
| Minnesota | $106,880 |
| Connecticut | $105,930 |
| New Hampshire | $105,830 |
| Maryland | $105,320 |
| Colorado | $103,440 |
| Florida | $100,730 |
| Michigan | $100,430 |
| Pennsylvania | $100,190 |
| Iowa | $98,910 |
| Indiana | $98,820 |
| Illinois | $98,410 |
| Rhode Island | $98,040 |
| Vermont | $98,020 |
| Ohio | $97,100 |
| Texas | $96,100 |
| Missouri | $93,790 |
| Wisconsin | $93,590 |
| Arizona | $92,410 |
| West Virginia | $89,820 |
| Nebraska | $86,290 |
| Hawaii | $83,670 |
| Nevada | $83,590 |
| Alabama | $82,900 |
| Oklahoma | $82,760 |
| South Carolina | $82,210 |
| Kentucky | $80,610 |
| New Mexico | $80,220 |
| Utah | $78,940 |
| Tennessee | $77,720 |
| Arkansas | $77,540 |
| Kansas | $76,400 |
| Idaho | $72,350 |
| South Dakota | $71,670 |
| North Dakota | $69,990 |
| Puerto Rico | $60,470 |
| Louisiana | $55,050 |
Salary by Industry
National median wage for Financial Risk Specialists broken down by industry sector, 2024 data.
| Industry | Median Annual |
|---|---|
| Monetary Authorities-Central Bank | $168,900 |
| Monetary Authorities-Central Bank | $168,900 |
| Natural Gas Distribution | $144,100 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $132,520 |
| Merchant Wholesalers, Nondurable Goods (4244 and 4248 only) | $129,130 |
| Utilities | $129,040 |
| Utilities | $129,040 |
| Chemical Manufacturing | $126,230 |
| Funds, Trusts, and Other Financial Vehicles | $125,220 |
| Other Investment Pools and Funds | $125,220 |
| Computer and Electronic Product Manufacturing | $123,280 |
| Computer Systems Design and Related Services | $122,380 |
| Management, Scientific, and Technical Consulting Services | $120,310 |
| Scientific Research and Development Services | $119,500 |
| Publishing Industries | $117,930 |
| Aerospace Product and Parts Manufacturing | $117,300 |
| Transportation Equipment Manufacturing | $117,250 |
| Architectural, Engineering, and Related Services | $114,280 |
| Professional, Scientific, and Technical Services | $113,720 |
| Professional, Scientific, and Technical Services | $113,720 |
| Engineering Services | $112,900 |
| Manufacturing | $111,320 |
| Finance and Insurance | $111,260 |
| Pipeline Transportation of Crude Oil | $110,630 |
| Pipeline Transportation | $110,630 |
| Office Administrative Services | $109,730 |
| Nondepository Credit Intermediation | $109,210 |
| Management of Companies and Enterprises | $107,730 |
| Management of Companies and Enterprises | $107,730 |
| Management of Companies and Enterprises | $107,730 |
| Cross-industry, Private Ownership only | $107,160 |
| Electric Power Generation, Transmission and Distribution | $107,150 |
| Research and Development in the Physical, Engineering, and Life Sciences | $107,020 |
| Information | $104,690 |
| Direct Insurance (except Life, Health, and Medical) Carriers | $103,850 |
| Real Estate and Rental and Leasing | $103,820 |
| Real Estate | $103,820 |
| Insurance Agencies and Brokerages | $103,740 |
| Nonresidential Building Construction | $103,720 |
| Employment Services | $103,580 |
| Credit Intermediation and Related Activities | $103,530 |
| Automotive Body, Paint, Interior, and Glass Repair | $103,070 |
| Repair and Maintenance | $103,070 |
| Automotive Repair and Maintenance | $103,070 |
| Merchant Wholesalers, Nondurable Goods | $103,010 |
| Merchant Wholesalers, Nondurable Goods (4242 and 4246 only) | $103,000 |
| Credit Intermediation and Related Activities (5221 and 5223 only) | $102,970 |
| Other Nondepository Credit Intermediation | $102,740 |
| Agencies, Brokerages, and Other Insurance Related Activities | $102,660 |
| Insurance Carriers and Related Activities | $102,250 |
| Insurance Carriers | $102,060 |
| Telecommunications | $101,790 |
| Software Publishers | $101,620 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $101,580 |
| Other Professional, Scientific, and Technical Services | $99,990 |
| Temporary Help Services | $99,960 |
| Administrative and Support Services | $99,960 |
| Administrative and Support and Waste Management and Remediation Services | $99,950 |
| Construction of Buildings | $99,410 |
| General Medical and Surgical Hospitals | $98,470 |
| Transportation and Warehousing | $97,900 |
| Hospitals | $97,270 |
| Legal Services | $94,660 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | $94,550 |
| Other Insurance Related Activities | $94,340 |
| Health Care and Social Assistance | $94,050 |
| Local Government, including Schools and Hospitals (OEWS Designation) | $91,860 |
| Other Services (except Public Administration) | $91,210 |
| Travel Arrangement and Reservation Services | $90,400 |
| Construction | $90,000 |
| Colleges, Universities, and Professional Schools | $89,570 |
| Transit and Ground Passenger Transportation | $89,430 |
| Taxi and Limousine Service | $89,430 |
| Educational Services | $89,210 |
| Support Activities for Transportation | $88,920 |
| Merchant Wholesalers, Nondurable Goods (4241, 4247, and 4249 only) | $88,900 |
| Business Support Services | $88,590 |
| Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) | $87,440 |
| Direct Health and Medical Insurance Carriers | $86,890 |
| Ambulatory Health Care Services | $86,230 |
| Offices of Physicians | $86,230 |
| Wholesale Trade | $84,990 |
| Community Food and Housing, and Emergency and Other Relief Services | $84,740 |
| Social Assistance | $84,740 |
| Outpatient Care Centers | $84,570 |
| Building Equipment Contractors | $84,540 |
| Junior Colleges | $84,380 |
| Educational Services | $83,670 |
| Religious Organizations | $83,150 |
| Nursing and Residential Care Facilities | $82,060 |
| Utility System Construction | $82,010 |
| Heavy and Civil Engineering Construction | $82,010 |
| Elementary and Secondary Schools | $81,220 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $81,040 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $81,040 |
| Federal, State, and Local Government, including State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $80,940 |
| Advertising, Public Relations, and Related Services | $80,850 |
| Specialty Trade Contractors | $80,280 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | $77,990 |
| Business, Professional, Labor, Political, and Similar Organizations | $77,960 |
| Arts, Entertainment, and Recreation | $77,540 |
| Warehousing and Storage | $77,450 |
| Warehousing and Storage | $77,450 |
| Gambling Industries | $76,730 |
| Amusement, Gambling, and Recreation Industries | $76,730 |
| Merchant Wholesalers, Durable Goods | $74,010 |
| Professional and Commercial Equipment and Supplies Merchant Wholesalers | $70,630 |
| State Government, including Schools and Hospitals (OEWS Designation) | $69,440 |
| State Government, excluding Schools and Hospitals (OEWS Designation) | $66,030 |
| Retail Trade | $65,110 |
| Food Services and Drinking Places | $61,380 |
| Casino Hotels | $60,850 |
| Furniture, Home Furnishings, Electronics, and Appliance Retailers | $49,450 |
| Furniture and Home Furnishings Retailers | $49,450 |
National Wage Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $106,000 |
| 2023 | $106,090 |
| 2022 | $102,120 |
| 2021 | $100,000 |