Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2023

13-2054 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. Excludes “Credit Analysts” (13-2041).


National estimates for Financial Risk Specialists
Industry profile for Financial Risk Specialists
Geographic profile for Financial Risk Specialists

National estimates for Financial Risk Specialists:

Employment estimate and mean wage estimates for Financial Risk Specialists:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
55,290 1.3 % $ 57.19 $ 118,950 0.6 %

Percentile wage estimates for Financial Risk Specialists:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 29.37 $ 38.05 $ 51.01 $ 67.80 $ 88.62
Annual Wage (2) $ 61,090 $ 79,140 $ 106,090 $ 141,030 $ 184,330


Industry profile for Financial Risk Specialists:

Industries with the highest published employment and wages for Financial Risk Specialists are provided. For a list of all industries with employment in Financial Risk Specialists, see the Create Customized Tables function.

Industries with the highest levels of employment in Financial Risk Specialists:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only) 13,530 0.66 $ 53.12 $ 110,490
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 9,530 0.90 $ 68.33 $ 142,120
Management of Companies and Enterprises 7,250 0.26 $ 60.18 $ 125,170
Nondepository Credit Intermediation 4,390 0.80 $ 55.07 $ 114,550
Agencies, Brokerages, and Other Insurance Related Activities 3,790 0.28 $ 54.33 $ 113,000

Industries with the highest concentration of employment in Financial Risk Specialists:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Monetary Authorities-Central Bank 950 4.37 $ 78.61 $ 163,510
Other Investment Pools and Funds 170 0.91 (8) (8)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 9,530 0.90 $ 68.33 $ 142,120
Nondepository Credit Intermediation 4,390 0.80 $ 55.07 $ 114,550
Credit Intermediation and Related Activities (5221 and 5223 only) 13,530 0.66 $ 53.12 $ 110,490

Top paying industries for Financial Risk Specialists:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Monetary Authorities-Central Bank 950 4.37 $ 78.61 $ 163,510
Newspaper, Periodical, Book, and Directory Publishers 60 0.02 $ 68.82 $ 143,140
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 9,530 0.90 $ 68.33 $ 142,120
Management, Scientific, and Technical Consulting Services 920 0.05 $ 65.91 $ 137,090
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 1,700 0.15 $ 63.46 $ 132,000


Geographic profile for Financial Risk Specialists:

States and areas with the highest published employment, location quotients, and wages for Financial Risk Specialists are provided. For a list of all areas with employment in Financial Risk Specialists, see the Create Customized Tables function.



Map of employment of financial risk specialists by state, May 2023


States with the highest employment level in Financial Risk Specialists:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 10,990 1.17 3.21 $ 76.61 $ 159,350
California 4,860 0.27 0.74 $ 58.14 $ 120,920
Florida 4,170 0.44 1.20 $ 52.87 $ 109,960
Texas 3,770 0.28 0.76 $ 48.95 $ 101,820
New Jersey 2,200 0.52 1.44 $ 61.32 $ 127,540


Map of location quotient of financial risk specialists by state, May 2023


States with the highest concentration of jobs and location quotients in Financial Risk Specialists:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Delaware 1,610 3.43 9.42 $ 60.00 $ 124,800
New York 10,990 1.17 3.21 $ 76.61 $ 159,350
Rhode Island 270 0.56 1.53 $ 52.98 $ 110,200
New Jersey 2,200 0.52 1.44 $ 61.32 $ 127,540
Arizona 1,390 0.44 1.22 $ 41.86 $ 87,070


Map of annual mean wages of financial risk specialists by state, May 2023


Top paying states for Financial Risk Specialists:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 10,990 1.17 3.21 $ 76.61 $ 159,350
Connecticut 690 0.41 1.13 $ 61.71 $ 128,350
New Jersey 2,200 0.52 1.44 $ 61.32 $ 127,540
Delaware 1,610 3.43 9.42 $ 60.00 $ 124,800
District of Columbia 100 0.14 0.39 $ 59.00 $ 122,720



Map of employment of financial risk specialists by area, May 2023


Metropolitan areas with the highest employment level in Financial Risk Specialists:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 11,440 1.20 3.31 $ 77.37 $ 160,930
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2,180 0.77 2.11 $ 58.28 $ 121,220
Chicago-Naperville-Elgin, IL-IN-WI 1,910 0.42 1.16 $ 55.01 $ 114,410
Los Angeles-Long Beach-Anaheim, CA 1,810 0.29 0.80 $ 56.41 $ 117,330
Dallas-Fort Worth-Arlington, TX 1,660 0.42 1.15 $ 49.82 $ 103,630
Charlotte-Concord-Gastonia, NC-SC 1,430 1.09 2.99 $ 60.97 $ 126,820
Atlanta-Sandy Springs-Roswell, GA 1,380 0.49 1.35 $ 54.60 $ 113,570
Phoenix-Mesa-Scottsdale, AZ 1,280 0.56 1.54 $ 42.24 $ 87,850
Boston-Cambridge-Nashua, MA-NH 1,170 0.42 1.16 $ 58.07 $ 120,790
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,080 0.35 0.96 $ 60.74 $ 126,340


Map of location quotient of financial risk specialists by area, May 2023


Metropolitan areas with the highest concentration of jobs and location quotients in Financial Risk Specialists:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 11,440 1.20 3.31 $ 77.37 $ 160,930
Charlotte-Concord-Gastonia, NC-SC 1,430 1.09 2.99 $ 60.97 $ 126,820
Buffalo-Cheektowaga-Niagara Falls, NY 540 1.03 2.82 $ 46.60 $ 96,940
Columbia, MO 100 1.00 2.76 $ 37.90 $ 78,830
Pensacola-Ferry Pass-Brent, FL 170 0.95 2.60 $ 44.91 $ 93,400
Des Moines-West Des Moines, IA 340 0.89 2.44 $ 56.76 $ 118,070
Owensboro, KY 40 0.84 2.30 $ 32.57 $ 67,740
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2,180 0.77 2.11 $ 58.28 $ 121,220
Dover, DE 50 0.76 2.09 $ 46.96 $ 97,670
Jacksonville, FL 560 0.76 2.08 $ 50.64 $ 105,330


Map of annual mean wages of financial risk specialists by area, May 2023


Top paying metropolitan areas for Financial Risk Specialists:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 11,440 1.20 3.31 $ 77.37 $ 160,930
Bridgeport-Stamford-Norwalk, CT 250 0.62 1.69 $ 69.45 $ 144,450
San Francisco-Oakland-Hayward, CA 1,030 0.42 1.17 $ 69.26 $ 144,050
Rochester, NY 150 0.30 0.82 $ 66.95 $ 139,260
San Jose-Sunnyvale-Santa Clara, CA 310 0.27 0.75 $ 66.81 $ 138,950
Charlotte-Concord-Gastonia, NC-SC 1,430 1.09 2.99 $ 60.97 $ 126,820
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,080 0.35 0.96 $ 60.74 $ 126,340
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2,180 0.77 2.11 $ 58.28 $ 121,220
Deltona-Daytona Beach-Ormond Beach, FL 30 0.15 0.42 $ 58.17 $ 120,990
Boston-Cambridge-Nashua, MA-NH 1,170 0.42 1.16 $ 58.07 $ 120,790

Nonmetropolitan areas with the highest employment in Financial Risk Specialists:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Maine nonmetropolitan area 80 0.42 1.17 $ 49.53 $ 103,010
Kansas nonmetropolitan area 80 0.19 0.53 (8) (8)
Central East New York nonmetropolitan area 40 0.27 0.73 $ 58.40 $ 121,470
Eastern New Mexico nonmetropolitan area 40 0.24 0.65 $ 46.90 $ 97,550
Southeast Coastal North Carolina nonmetropolitan area 30 0.12 0.34 $ 35.61 $ 74,070

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Financial Risk Specialists:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Maine nonmetropolitan area 80 0.42 1.17 $ 49.53 $ 103,010
Central East New York nonmetropolitan area 40 0.27 0.73 $ 58.40 $ 121,470
Eastern New Mexico nonmetropolitan area 40 0.24 0.65 $ 46.90 $ 97,550
Kansas nonmetropolitan area 80 0.19 0.53 (8) (8)
Southeast Coastal North Carolina nonmetropolitan area 30 0.12 0.34 $ 35.61 $ 74,070

Top paying nonmetropolitan areas for Financial Risk Specialists:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Central East New York nonmetropolitan area 40 0.27 0.73 $ 58.40 $ 121,470
Southwest Maine nonmetropolitan area 80 0.42 1.17 $ 49.53 $ 103,010
Eastern New Mexico nonmetropolitan area 40 0.24 0.65 $ 46.90 $ 97,550
Southeast Coastal North Carolina nonmetropolitan area 30 0.12 0.34 $ 35.61 $ 74,070


About May 2023 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2023 National Occupational Employment and Wage Estimates

May 2023 State Occupational Employment and Wage Estimates

May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2023 National Industry-Specific Occupational Employment and Wage Estimates

May 2023 Occupation Profiles

Technical Notes

 

Last Modified Date: April 3, 2024