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The national median salary for Financial Risk Specialists is $105,997 per year ($50.96/hr) according to the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2024. The middle 50% of earners make between $80,288 and $145,018 annually. Top earners at the 90th percentile reach $182,312 per year. There are approximately 56,320 financial risk specialists employed in the United States.
About This Role
BLS Standard Occupational Classification 2018
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.
Career Outlook
BLS Employment Projections · 2024-2034
10-year growth
+6.5%
Faster than average
Annual openings
5K
per year, on avg
Workforce today
61K
as of 2024
Why those openings exist
8% from new growth92% from people leaving the role
Most openings come from replacement, not growth. Retention matters more than recruiting here.
Typical entry requirements
Education
Bachelor's degree
Experience
None
On-the-job training
None
Industry Wage Breakdown
Top 5 industries by employment · median annual wage, sector-specific
Industry
Workforce
Median Pay
Credit Intermediation and Related Activities (5221 and 5223 only)
NAICS 5220A1
15K
$102,970
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
NAICS 523000
8K
$132,520
Management of Companies and Enterprises
NAICS 551100
6K
$107,730
Nondepository Credit Intermediation
NAICS 522200
4K
$109,210
Agencies, Brokerages, and Other Insurance Related Activities
NAICS 524200
4K
$102,660
Wage range across top 5 industries: $102,660 to $132,520 (29% spread)
Wage Percentiles
Hourly & annualized (2,080 hours)
Percentile
Hourly Rate
Annual Salary
P10
$29.94
$62,275
P25
$38.60
$80,288
P50MEDIAN
$50.96
$105,997
P75
$69.72
$145,018
P90
$87.65
$182,312
Market Context Signal
JOLTS · finance sector
Hot
Openings Rate
6.0%
Quits Rate
1.2%
Finance and Insurance openings surged to 428K (+98K) in March, pushing the openings rate to 6.0% -- the highest in any major sector. Quits ticked up to 1.2%. Demand for finance talent has reaccelerated sharply.
Frequently Asked Questions
What is the average financial risk specialists salary?
The national median salary for Financial Risk Specialists is $105,997 per year ($50.96/hr) according to BLS OEWS May 2024 data. The middle 50% earn between $80,288 and $145,018 annually.
How much do top-earning financial risk specialists make?
The 90th percentile salary for Financial Risk Specialists is $182,312 per year ($87.65/hr). The 75th percentile is $145,018 per year.
What is the entry-level salary for financial risk specialists?
Entry-level Financial Risk Specialists (10th percentile) earn approximately $62,275 per year ($29.94/hr). The 25th percentile is $80,288 per year.
Wage figures on this page come from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment & Wage Statistics (OEWS) survey, May 2024 release. OEWS surveys roughly 1.1 million establishments annually. It is the most comprehensive employer-reported wage dataset in the United States.
P10 through P90 percentiles represent the wage distribution across all surveyed employers (not self-reported by workers). Geographic adjustments use BLS-derived cost multipliers calibrated from regional wage variation.
Wages are estimates. Individual compensation depends on experience, education, employer size, industry, and negotiation. Use this as benchmark context, not absolute ground truth.
CompSignal is a free labor market intelligence tool built for HR, compensation, and talent acquisition teams. We make BLS data, the same primary source Mercer and Radford cross-reference in their paid surveys, searchable and actionable without an enterprise subscription.
Built and maintained by Falcon Incentives, a compensation strategy and incentive design consultancy.