Financial Risk Specialist salary in New York
Financial Risk Specialists in New York earn a median of $136,830 a year ($65.78 an hour), based on BLS data for 12,060 workers.
Pay ranges from $84,550 for the lowest-paid 10% to $220,260 for the top 10%. That is 17% higher than the national median of $117,330. New York ranks 4th of 50 states for financial risk specialists pay, one of the best-paying states for this job. There are 1.2 financial risk specialists per 1,000 jobs here — the job is 3.0× more common than nationally. The average (mean) salary is $153,000, above the median because a few high earners pull it up.
Pay range for financial risk specialists in New York
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $84,550 | $40.65 |
| 25th percentile | $105,140 | $50.55 |
| Median | $136,830 | $65.78 |
| 75th percentile | $179,630 | $86.36 |
| 90th percentile (top earners) | $220,260 | $105.90 |
| Average (mean) | $153,000 | $73.56 |
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 | $11,402.50 |
| Semi-monthly (24 a year) | $5,701.25 |
| Biweekly (26 a year) | $5,262.69 |
| Weekly | $2,631.35 |
| Hourly | $65.78 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Risk Specialist salary in cities in New York
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $139,670 | 12,770 |
| Syracuse, NY | $122,740 | 100 |
| Albany-Schenectady-Troy, NY | $120,570 | 200 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | $106,400 | 40 |
| Buffalo-Cheektowaga, NY | $96,980 | 470 |
| Rochester, NY | $85,540 | 210 |
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 |
Related jobs in New York
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $102,640 | $49.35 |
| Financial and Investment Analysts | $127,930 | $61.51 |
| Personal Financial Advisor | $166,400 | $80.00 |
| Financial Examiner | $128,920 | $61.98 |
| Loan Officer | $95,710 | $46.01 |
| Financial Specialists, All Other | $107,490 | $51.68 |
| Credit Analyst | $133,270 | $64.07 |
| Tax Preparer | $71,850 | $34.54 |
| Insurance Underwriter | $97,450 | $46.85 |
| Tax Examiners and Collectors, and Revenue Agents | $72,610 | $34.91 |
| Property Appraisers and Assessors | $78,060 | $37.53 |
| Budget Analyst | $88,540 | $42.57 |
| Credit Counselor | $63,030 | $30.30 |
| Market Research Analysts and Marketing Specialists | $98,580 | $47.39 |
More: Business and Financial Operations Occupations · all salaries in New York
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 New York?
The median salary for financial risk specialists in New York is $136,830 a year, or $65.78 an hour. Pay ranges from $84,550 for the lowest-paid 10% to $220,260 for the top 10%.
How much do the highest-paid financial risk specialists make in New York?
The top 10% of financial risk specialists in New York earn at least $220,260 a year. The top 25% earn $179,630 or more.
What is the starting pay for financial risk specialists in New York?
Entry-level pay (the 10th percentile) is about $84,550 a year, and a quarter of financial risk specialists earn $105,140 or less.
How many financial risk specialists work in New York?
About 12,060 financial risk specialists are employed in New York, not counting the self-employed.