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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2021

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)
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


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) 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


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 2021


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


Map of location quotient of financial risk specialists by state, May 2021


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


Map of annual mean wages of financial risk specialists by state, May 2021


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



Map of employment of financial risk specialists by area, May 2021


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


Map of location quotient of financial risk specialists by area, May 2021


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


Map of annual mean wages of financial risk specialists by area, May 2021


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


About May 2021 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 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

May 2021 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2022