Financial Risk Specialist salary in Madison, WI
Financial Risk Specialists in the Madison, WI metro area earn a median of $100,350 a year ($48.25 an hour), based on BLS data for 100 workers.
Pay ranges from $69,850 for the lowest-paid 10% to $141,030 for the top 10%. That is 14% lower than the national median of $117,330. Pay here is 3% higher than the Wisconsin statewide median of $97,820. There are 0.26 financial risk specialists per 1,000 jobs here — the job is less common than nationally (location quotient 0.63). The average (mean) salary is $102,720, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Madison, WI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $69,850 | $33.58 |
| 25th percentile | $79,570 | $38.26 |
| Median | $100,350 | $48.25 |
| 75th percentile | $121,150 | $58.25 |
| 90th percentile (top earners) | $141,030 | $67.80 |
| Average (mean) | $102,720 | $49.38 |
Half of financial risk specialists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,362.50 |
| Semi-monthly (24 a year) | $4,181.25 |
| Biweekly (26 a year) | $3,859.62 |
| Weekly | $1,929.81 |
| Hourly | $48.25 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Risk Specialist salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $105,420 | 940 |
| Milwaukee-Waukesha, WI | $100,870 | 200 |
| Green Bay, WI | $100,420 | 30 |
| Oshkosh-Neenah, WI | $99,730 | 40 |
Highest-paying states for financial risk specialists
| State | Median salary |
|---|---|
| New Hampshire | $158,320 |
| Maine | $141,020 |
| Delaware | $139,440 |
| New York | $136,830 |
| North Carolina | $132,040 |
| Massachusetts | $130,400 |
| New Jersey | $129,220 |
| California | $129,110 |
| Virginia | $126,510 |
| Washington | $123,150 |
See Financial Risk Specialist pay in every state or the Wisconsin statewide figures.
Related jobs in Madison, WI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $81,130 | $39.01 |
| Financial and Investment Analysts | $103,750 | $49.88 |
| Loan Officer | $78,840 | $37.90 |
| Personal Financial Advisor | $126,000 | $60.58 |
| Insurance Underwriter | $95,130 | $45.74 |
| Budget Analyst | $86,340 | $41.51 |
| Financial Specialists, All Other | $76,400 | $36.73 |
| Credit Analyst | $69,130 | $33.24 |
| Financial Examiner | $88,920 | $42.75 |
| Tax Preparer | $45,810 | $22.02 |
| Property Appraisers and Assessors | $78,610 | $37.79 |
| Credit Counselor | $57,260 | $27.53 |
| Project Management Specialist | $98,990 | $47.59 |
| Management Analyst | $97,170 | $46.72 |
More: Business and Financial Operations Occupations · all salaries in Madison, WI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2054. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial risk specialist make in Madison, WI?
The median salary for financial risk specialists in the Madison, WI metro area is $100,350 a year, or $48.25 an hour. Pay ranges from $69,850 for the lowest-paid 10% to $141,030 for the top 10%.
How much do the highest-paid financial risk specialists make in Madison, WI?
The top 10% of financial risk specialists in the Madison, WI metro area earn at least $141,030 a year. The top 25% earn $121,150 or more.
What is the starting pay for financial risk specialists in Madison, WI?
Entry-level pay (the 10th percentile) is about $69,850 a year, and a quarter of financial risk specialists earn $79,570 or less.
How many financial risk specialists work in Madison, WI?
About 100 financial risk specialists are employed in the Madison, WI metro area, not counting the self-employed.