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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2022

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)
55,800 1.5 % $ 55.84 $ 116,140 0.9 %

Percentile wage estimates for Financial Risk Specialists:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 28.61 $ 37.40 $ 49.10 $ 64.77 $ 84.48
Annual Wage (2) $ 59,510 $ 77,800 $ 102,120 $ 134,720 $ 175,720


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) 14,120 0.70 $ 52.57 $ 109,340
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 8,940 0.88 $ 67.30 $ 139,970
Management of Companies and Enterprises 8,320 0.31 $ 57.01 $ 118,580
Insurance Carriers 3,910 0.32 $ 57.05 $ 118,650
Nondepository Credit Intermediation 3,820 0.62 $ 51.42 $ 106,960

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 660 3.16 $ 77.49 $ 161,170
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 8,940 0.88 $ 67.30 $ 139,970
Credit Intermediation and Related Activities (5221 and 5223 only) 14,120 0.70 $ 52.57 $ 109,340
Other Investment Pools and Funds 110 0.65 $ 52.19 $ 108,550
Nondepository Credit Intermediation 3,820 0.62 $ 51.42 $ 106,960

Top paying industries for Financial Risk Specialists:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Business, Professional, Labor, Political, and Similar Organizations 190 0.04 $ 114.38 $ 237,910
Monetary Authorities-Central Bank 660 3.16 $ 77.49 $ 161,170
Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) 70 (7) $ 67.49 $ 140,380
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 8,940 0.88 $ 67.30 $ 139,970
Management, Scientific, and Technical Consulting Services 1,390 0.08 $ 62.68 $ 130,370


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 2022


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 11,270 1.24 3.28 $ 73.12 $ 152,100
California 4,580 0.26 0.69 $ 59.42 $ 123,590
Texas 4,180 0.32 0.85 $ 45.77 $ 95,200
Florida 3,950 0.43 1.14 $ 52.87 $ 109,970
North Carolina 2,220 0.48 1.27 $ 57.37 $ 119,330


Map of location quotient of financial risk specialists by state, May 2022


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 1,290 2.83 7.50 $ 59.09 $ 122,910
New York 11,270 1.24 3.28 $ 73.12 $ 152,100
Iowa 1,090 0.72 1.90 $ 46.18 $ 96,060
Rhode Island 340 0.70 1.86 $ 51.85 $ 107,840
Minnesota 1,770 0.63 1.66 $ 51.94 $ 108,030


Map of annual mean wages of financial risk specialists by state, May 2022


Top paying states for Financial Risk Specialists:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Georgia 1,250 0.27 0.72 $ 76.91 $ 159,960
New York 11,270 1.24 3.28 $ 73.12 $ 152,100
Connecticut 530 0.33 0.86 $ 59.79 $ 124,360
District of Columbia 240 0.35 0.94 $ 59.68 $ 124,120
California 4,580 0.26 0.69 $ 59.42 $ 123,590



Map of employment of financial risk specialists by area, May 2022


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 11,660 1.27 3.37 $ 73.47 $ 152,820
Dallas-Fort Worth-Arlington, TX 1,810 0.48 1.26 $ 46.94 $ 97,640
Chicago-Naperville-Elgin, IL-IN-WI 1,810 0.41 1.08 $ 50.40 $ 104,830
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1,800 0.65 1.72 $ 55.62 $ 115,700
Los Angeles-Long Beach-Anaheim, CA 1,600 0.26 0.69 $ 57.18 $ 118,920
Minneapolis-St. Paul-Bloomington, MN-WI 1,580 0.84 2.22 $ 51.39 $ 106,890
Charlotte-Concord-Gastonia, NC-SC 1,460 1.15 3.05 $ 61.55 $ 128,030
Boston-Cambridge-Nashua, MA-NH 1,410 0.52 1.38 $ 58.49 $ 121,650
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,380 0.46 1.21 $ 55.27 $ 114,950
Phoenix-Mesa-Scottsdale, AZ 1,330 0.60 1.59 $ 47.31 $ 98,410


Map of location quotient of financial risk specialists by area, May 2022


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)
Des Moines-West Des Moines, IA 830 2.24 5.94 $ 48.15 $ 100,140
New York-Newark-Jersey City, NY-NJ-PA 11,660 1.27 3.37 $ 73.47 $ 152,820
Owensboro, KY 60 1.26 3.35 $ 33.23 $ 69,130
Charlotte-Concord-Gastonia, NC-SC 1,460 1.15 3.05 $ 61.55 $ 128,030
Buffalo-Cheektowaga-Niagara Falls, NY 520 1.01 2.69 $ 45.25 $ 94,110
Chattanooga, TN-GA 250 1.01 2.68 $ 30.18 $ 62,770
California-Lexington Park, MD 50 1.01 2.67 $ 41.98 $ 87,320
Minneapolis-St. Paul-Bloomington, MN-WI 1,580 0.84 2.22 $ 51.39 $ 106,890
Jacksonville, FL 570 0.79 2.09 $ 49.09 $ 102,110
Denver-Aurora-Lakewood, CO 1,060 0.68 1.81 $ 49.18 $ 102,300


Map of annual mean wages of financial risk specialists by area, May 2022


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)
San Francisco-Oakland-Hayward, CA 1,010 0.42 1.12 $ 81.02 $ 168,530
New York-Newark-Jersey City, NY-NJ-PA 11,660 1.27 3.37 $ 73.47 $ 152,820
Bridgeport-Stamford-Norwalk, CT 220 0.57 1.51 $ 70.80 $ 147,250
Atlanta-Sandy Springs-Roswell, GA 1,040 0.38 1.01 $ 70.31 $ 146,240
Rochester, NY 160 0.33 0.88 $ 67.01 $ 139,370
Syracuse, NY 100 0.35 0.92 $ 63.99 $ 133,110
Durham-Chapel Hill, NC 90 0.27 0.73 $ 62.19 $ 129,350
Charlotte-Concord-Gastonia, NC-SC 1,460 1.15 3.05 $ 61.55 $ 128,030
New Haven, CT 60 0.20 0.52 $ 60.81 $ 126,490
Miami-Fort Lauderdale-West Palm Beach, FL 970 0.37 0.98 $ 60.09 $ 125,000

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)
Balance of Lower Peninsula of Michigan nonmetropolitan area 60 0.21 0.56 $ 38.70 $ 80,500
Kansas nonmetropolitan area 50 0.13 0.33 $ 46.99 $ 97,730
Southeast Coastal North Carolina nonmetropolitan area 40 0.18 0.48 $ 41.38 $ 86,060
Southeast Iowa nonmetropolitan area 40 0.21 0.54 $ 39.45 $ 82,050
Southwest Maine nonmetropolitan area 40 0.21 0.55 $ 34.08 $ 70,890

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)
Balance of Lower Peninsula of Michigan nonmetropolitan area 60 0.21 0.56 $ 38.70 $ 80,500
Southwest Maine nonmetropolitan area 40 0.21 0.55 $ 34.08 $ 70,890
Southeast Iowa nonmetropolitan area 40 0.21 0.54 $ 39.45 $ 82,050
Southeast Coastal North Carolina nonmetropolitan area 40 0.18 0.48 $ 41.38 $ 86,060
Central Kentucky nonmetropolitan area 30 0.18 0.47 $ 34.31 $ 71,350

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)
Kansas nonmetropolitan area 50 0.13 0.33 $ 46.99 $ 97,730
Southeast Coastal North Carolina nonmetropolitan area 40 0.18 0.48 $ 41.38 $ 86,060
Southeast Iowa nonmetropolitan area 40 0.21 0.54 $ 39.45 $ 82,050
Balance of Lower Peninsula of Michigan nonmetropolitan area 60 0.21 0.56 $ 38.70 $ 80,500
Central Kentucky nonmetropolitan area 30 0.18 0.47 $ 34.31 $ 71,350


About May 2022 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.

(7) The value is less than .005 percent of industry employment.

(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 2022 National Occupational Employment and Wage Estimates

May 2022 State Occupational Employment and Wage Estimates

May 2022 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2022 National Industry-Specific Occupational Employment and Wage Estimates

May 2022 Occupation Profiles

Technical Notes

 

Last Modified Date: April 25, 2023