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