Occupational Employment and Wage Statistics
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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.
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 |
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 |
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 |
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 |
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 |
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 areas with the highest concentration of jobs and location quotients in Financial Risk Specialists:
Top paying nonmetropolitan areas for Financial Risk Specialists:
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
United States Department of Labor
