Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Financial Risk Specialist is a professional role in the Business and Financial Operations job family, focused on Financial Risk Specialist work. Pay for this title reflects both its level and its scope; see our Title Level and Organization Responsibility guides for how WePayFairly defines them.
What Financial Risk Specialists do
Analyze areas of potential risk to the assets, earning capacity, or success of organizations.
Analyze new legislation to determine impact on risk exposure.
Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
Confer with traders to identify and communicate risks associated with specific trading strategies or positions.
Consult financial literature to ensure use of the latest models or statistical techniques.
Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Financial Risk Specialist salary by industry
Finance and Insurance
41,000 workers
$134,000
Management of Companies and Enterprises
6,700 workers
$122,500
Professional, Scientific, and Technical Services
5,770 workers
$131,000
Information
1,810 workers
$123,000
Federal, State, and Local Government, excl. State & Local Schools & Hospitals & USPS
1,780 workers
$93,500
Administrative and Support and Waste Management and Remediation Services
1,370 workers
$122,500
Local Government, including Schools and Hospitals (OEWS Designation)
1,210 workers
$103,000
State Government, including Schools and Hospitals (OEWS Designation)
1,160 workers
$84,500
National sector-level figures, BLS OEWS May 2025, aged to 2026.
How this role compares
Financial Risk Specialist pays 36% above the average across 32 roles in the Business and Financial Operations job family (family average $95,000).
Similar-paying roles in Business and Financial Operations
The average base salary for a Financial Risk Specialist in the United States is $129,000 per year, or about $62.02 per hour.
What is the typical salary range?
Pay typically falls between $87,000 and $164,000 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.
How does this compare with other Business and Financial Operations roles?
The Business and Financial Operations job family averages $95,000 across 32 roles tracked by WePayFairly.
Need a defensible market price for this role? WePayFairly data is compiled from published survey sources and maintained by compensation professionals.
