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Financial Risk Specialist

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AVG. SALARY

$73,480

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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West Virginia Earnings

Average Annual Wage

$73,480

Entry Annual Wage

$58,770

Experienced Annual Wage

$99,990

Average Hourly Wage

$35.33

Entry Hourly Wage

$28.26

Experienced Hourly Wage

$48.07

Median Hourly Wage

$30.15

West Virginia Regional Earnings

West Virginia Metropolitan Areas Wages

Region Average Entry Level Experienced
Washington-Arlington-Alexandria DC-VA-MD-WV $114,950 or $55.27/hr $66,270 or $31.86/hr $167,630 or $80.59/hr

West Virginia's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 4%
Job Openings 118 estimated annual job openings
Employment 1,474 were employed in this occupation

West Virginia's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 1 169 5% 13 13
Workforce Investment Area 2 119 18% 2 10 12
Workforce Investment Area 3 299 12% 4 23 27
Workforce Investment Area 5 125 9% 1 9 10
Workforce Investment Area 6 290 9% 3 22 25
Workforce Investment Area 7 73 8% 1 5 6

Regions with decreasing outlook (negative growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 4 359 -2% 26 26

National Earnings

The earnings information below is for the occupational group Financial Specialists, All Other. The occupation Financial Risk Specialist is part of this group.

Average Annual Wage

$116,140

Average Hourly Wage

$55.84

Average Annual Range

$59,510 to $175,720

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +8%.
(The National average for all occupations is +5%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment small occupation
  This was a small occupation in the United States, employing 56,500 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Faster than average growth
  A growing range of financial products and the need for in-depth knowledge of geographic regions are expected to lead to employment growth. Demand also is projected to increase as big data and technological improvements allow financial analysts to conduct high-quality analysis. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (61.3%)
  • Credit intermediation and related activities (NAICS522000) (30.1%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (16.5%)
  • Insurance carriers and related activities (NAICS524000) (13.9%)
  • Management of companies and enterprises (NAICS550000) (13.9%)
  • Management of companies and enterprises (NAICS551000) (13.9%)
  • Professional, scientific, and technical services (NAICS540000) (9.9%)
  • Insurance carriers (NAICS524100) (9.2%)
  • Nondepository credit intermediation (NAICS522200) (7.4%)