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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).
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) |
---|---|---|---|---|
54,320 | 2.1 % | $ 53.18 | $ 110,610 | 0.9 % |
Percentile wage estimates for Financial Risk Specialists:
Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
---|---|---|---|---|---|
Hourly Wage | $ 28.54 | $ 37.17 | $ 48.08 | $ 63.42 | $ 82.21 |
Annual Wage (2) | $ 59,370 | $ 77,310 | $ 100,000 | $ 131,910 | $ 171,000 |
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) | 12,370 | 0.62 | $ 51.40 | $ 106,910 |
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | 9,240 | 0.96 | $ 65.85 | $ 136,970 |
Management of Companies and Enterprises | 8,560 | 0.34 | $ 55.18 | $ 114,780 |
Nondepository Credit Intermediation | 4,120 | 0.66 | $ 47.67 | $ 99,150 |
Insurance Carriers | 4,030 | 0.34 | $ 47.91 | $ 99,660 |
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 | 380 | 1.80 | $ 67.78 | $ 140,970 |
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | 9,240 | 0.96 | $ 65.85 | $ 136,970 |
Nondepository Credit Intermediation | 4,120 | 0.66 | $ 47.67 | $ 99,150 |
Credit Intermediation and Related Activities (5221 and 5223 only) | 12,370 | 0.62 | $ 51.40 | $ 106,910 |
Insurance Carriers | 4,030 | 0.34 | $ 47.91 | $ 99,660 |
Top paying industries for Financial Risk Specialists:
Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|
Other Information Services | (8) | (8) | $ 71.86 | $ 149,480 |
Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only) | 80 | 0.01 | $ 69.14 | $ 143,800 |
Business, Professional, Labor, Political, and Similar Organizations | 260 | 0.06 | $ 68.23 | $ 141,920 |
Monetary Authorities-Central Bank | 380 | 1.80 | $ 67.78 | $ 140,970 |
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | 9,240 | 0.96 | $ 65.85 | $ 136,970 |
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.
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 | 10,130 | 1.17 | 3.03 | $ 69.84 | $ 145,260 |
Texas | 4,200 | 0.34 | 0.89 | $ 45.97 | $ 95,610 |
California | 3,900 | 0.24 | 0.61 | $ 57.17 | $ 118,900 |
Florida | 3,660 | 0.43 | 1.10 | $ 45.13 | $ 93,860 |
North Carolina | 3,550 | 0.80 | 2.08 | $ 58.00 | $ 120,650 |
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 | 1,010 | 2.33 | 6.03 | $ 57.95 | $ 120,540 |
New York | 10,130 | 1.17 | 3.03 | $ 69.84 | $ 145,260 |
North Carolina | 3,550 | 0.80 | 2.08 | $ 58.00 | $ 120,650 |
Iowa | 1,160 | 0.78 | 2.02 | $ 44.80 | $ 93,180 |
Minnesota | 1,690 | 0.62 | 1.60 | $ 50.89 | $ 105,850 |
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 | 10,130 | 1.17 | 3.03 | $ 69.84 | $ 145,260 |
New Jersey | 2,020 | 0.52 | 1.36 | $ 59.70 | $ 124,170 |
Massachusetts | 1,980 | 0.58 | 1.51 | $ 58.94 | $ 122,600 |
North Carolina | 3,550 | 0.80 | 2.08 | $ 58.00 | $ 120,650 |
Delaware | 1,010 | 2.33 | 6.03 | $ 57.95 | $ 120,540 |
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 | 10,740 | 1.24 | 3.21 | $ 70.48 | $ 146,590 |
Charlotte-Concord-Gastonia, NC-SC | 2,360 | 1.95 | 5.06 | $ 60.17 | $ 125,160 |
Dallas-Fort Worth-Arlington, TX | 1,920 | 0.54 | 1.39 | $ 47.01 | $ 97,780 |
Boston-Cambridge-Nashua, MA-NH | 1,840 | 0.71 | 1.85 | $ 59.22 | $ 123,180 |
Chicago-Naperville-Elgin, IL-IN-WI | 1,820 | 0.43 | 1.12 | $ 50.79 | $ 105,650 |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 1,610 | 0.61 | 1.58 | $ 52.17 | $ 108,510 |
Minneapolis-St. Paul-Bloomington, MN-WI | 1,570 | 0.86 | 2.24 | $ 51.26 | $ 106,620 |
Washington-Arlington-Alexandria, DC-VA-MD-WV | 1,510 | 0.51 | 1.33 | $ 55.15 | $ 114,710 |
Phoenix-Mesa-Scottsdale, AZ | 1,490 | 0.70 | 1.83 | $ 46.87 | $ 97,480 |
Miami-Fort Lauderdale-West Palm Beach, FL | 1,410 | 0.58 | 1.49 | $ 42.88 | $ 89,180 |
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 | 920 | 2.58 | 6.69 | (8) | (8) |
Charlotte-Concord-Gastonia, NC-SC | 2,360 | 1.95 | 5.06 | $ 60.17 | $ 125,160 |
Chattanooga, TN-GA | 360 | 1.45 | 3.75 | $ 27.33 | $ 56,850 |
New York-Newark-Jersey City, NY-NJ-PA | 10,740 | 1.24 | 3.21 | $ 70.48 | $ 146,590 |
Durham-Chapel Hill, NC | 290 | 0.93 | 2.41 | $ 62.79 | $ 130,610 |
California-Lexington Park, MD | 40 | 0.89 | 2.31 | $ 35.59 | $ 74,020 |
Buffalo-Cheektowaga-Niagara Falls, NY | 440 | 0.89 | 2.30 | $ 44.59 | $ 92,740 |
Minneapolis-St. Paul-Bloomington, MN-WI | 1,570 | 0.86 | 2.24 | $ 51.26 | $ 106,620 |
Owensboro, KY | 40 | 0.80 | 2.07 | $ 30.03 | $ 62,460 |
Bloomington, IL | 60 | 0.78 | 2.01 | $ 39.41 | $ 81,970 |
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 | 10,740 | 1.24 | 3.21 | $ 70.48 | $ 146,590 |
Bridgeport-Stamford-Norwalk, CT | 190 | 0.50 | 1.30 | $ 68.22 | $ 141,890 |
Sacramento--Roseville--Arden-Arcade, CA | 360 | 0.37 | 0.96 | $ 68.07 | $ 141,590 |
San Francisco-Oakland-Hayward, CA | 980 | 0.44 | 1.14 | $ 67.13 | $ 139,620 |
Durham-Chapel Hill, NC | 290 | 0.93 | 2.41 | $ 62.79 | $ 130,610 |
San Jose-Sunnyvale-Santa Clara, CA | 200 | 0.18 | 0.48 | $ 60.56 | $ 125,970 |
Charlotte-Concord-Gastonia, NC-SC | 2,360 | 1.95 | 5.06 | $ 60.17 | $ 125,160 |
Boston-Cambridge-Nashua, MA-NH | 1,840 | 0.71 | 1.85 | $ 59.22 | $ 123,180 |
Salisbury, MD-DE | 50 | 0.32 | 0.82 | $ 56.43 | $ 117,360 |
Providence-Warwick, RI-MA | 190 | 0.36 | 0.93 | $ 56.39 | $ 117,290 |
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) |
---|---|---|---|---|---|
Southeast Coastal North Carolina nonmetropolitan area | 70 | 0.28 | 0.73 | $ 42.46 | $ 88,310 |
Balance of Lower Peninsula of Michigan nonmetropolitan area | 60 | 0.23 | 0.59 | $ 32.32 | $ 67,220 |
Southeast Minnesota nonmetropolitan area | 50 | 0.32 | 0.84 | $ 50.16 | $ 104,330 |
Southeast Iowa nonmetropolitan area | 30 | 0.15 | 0.40 | $ 40.18 | $ 83,570 |
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) |
---|---|---|---|---|---|
Southeast Minnesota nonmetropolitan area | 50 | 0.32 | 0.84 | $ 50.16 | $ 104,330 |
Southeast Coastal North Carolina nonmetropolitan area | 70 | 0.28 | 0.73 | $ 42.46 | $ 88,310 |
Balance of Lower Peninsula of Michigan nonmetropolitan area | 60 | 0.23 | 0.59 | $ 32.32 | $ 67,220 |
Southeast Iowa nonmetropolitan area | 30 | 0.15 | 0.40 | $ 40.18 | $ 83,570 |
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) |
---|---|---|---|---|---|
Southeast Minnesota nonmetropolitan area | 50 | 0.32 | 0.84 | $ 50.16 | $ 104,330 |
Southeast Coastal North Carolina nonmetropolitan area | 70 | 0.28 | 0.73 | $ 42.46 | $ 88,310 |
Southeast Iowa nonmetropolitan area | 30 | 0.15 | 0.40 | $ 40.18 | $ 83,570 |
Balance of Lower Peninsula of Michigan nonmetropolitan area | 60 | 0.23 | 0.59 | $ 32.32 | $ 67,220 |
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 2021 National Occupational Employment and Wage Estimates
May 2021 State Occupational Employment and Wage Estimates
May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2021 National Industry-Specific Occupational Employment and Wage Estimates
Last Modified Date: March 31, 2022