Financial Risk Specialist salary in Springfield, IL
Financial Risk Specialists in the Springfield, IL metro area earn a median of $74,360 a year ($35.75 an hour), based on BLS data for 30 workers.
Pay ranges from $63,750 for the lowest-paid 10% to $164,280 for the top 10%. That is 37% lower than the national median of $117,330. Pay here is 29% lower than the Illinois statewide median of $104,300. There are 0.32 financial risk specialists per 1,000 jobs here — the job is less common than nationally (location quotient 0.79). The average (mean) salary is $97,330, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Springfield, IL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $63,750 | $30.65 |
| 25th percentile | $63,750 | $30.65 |
| Median | $74,360 | $35.75 |
| 75th percentile | $124,380 | $59.80 |
| 90th percentile (top earners) | $164,280 | $78.98 |
| Average (mean) | $97,330 | $46.79 |
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 | $6,196.67 |
| Semi-monthly (24 a year) | $3,098.33 |
| Biweekly (26 a year) | $2,860 |
| Weekly | $1,430 |
| Hourly | $35.75 |
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 |
|---|---|---|
| Peoria, IL | $119,580 | 60 |
| Chicago-Naperville-Elgin, IL-IN | $105,370 | 2,360 |
| St. Louis, MO-IL | $97,920 | 480 |
| Davenport-Moline-Rock Island, IA-IL | $91,880 | 30 |
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 Illinois statewide figures.
Related jobs in Springfield, IL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $86,440 | $41.56 |
| Loan Officer | $78,600 | $37.79 |
| Financial Examiner | $76,790 | $36.92 |
| Financial and Investment Analysts | $83,490 | $40.14 |
| Personal Financial Advisor | $154,370 | $74.22 |
| Financial Specialists, All Other | $69,240 | $33.29 |
| Insurance Underwriter | $74,680 | $35.91 |
| Credit Analyst | $73,950 | $35.55 |
| Business Operations Specialists, All Other | $95,990 | $46.15 |
| Human Resources Specialist | $78,840 | $37.90 |
| Management Analyst | $91,650 | $44.06 |
| Project Management Specialist | $100,030 | $48.09 |
| Market Research Analysts and Marketing Specialists | $65,090 | $31.29 |
| Training and Development Specialists | $69,590 | $33.46 |
More: Business and Financial Operations Occupations · all salaries in Springfield, IL
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 Springfield, IL?
The median salary for financial risk specialists in the Springfield, IL metro area is $74,360 a year, or $35.75 an hour. Pay ranges from $63,750 for the lowest-paid 10% to $164,280 for the top 10%.
How much do the highest-paid financial risk specialists make in Springfield, IL?
The top 10% of financial risk specialists in the Springfield, IL metro area earn at least $164,280 a year. The top 25% earn $124,380 or more.
What is the starting pay for financial risk specialists in Springfield, IL?
Entry-level pay (the 10th percentile) is about $63,750 a year, and a quarter of financial risk specialists earn $63,750 or less.
How many financial risk specialists work in Springfield, IL?
About 30 financial risk specialists are employed in the Springfield, IL metro area, not counting the self-employed.