What does a Financial Risk Specialist earn?

On average, financial risk specialists earn around $118,950 per year in the U.S.. Financial risk specialists work with corporate clients to help them identify, measure, monitor, and mitigate their financial risks. These experts often specialise in industries such as banking, insurance, investment, and commodities, and may focus on sub-specialties like credit risk, compliance, or market risk.

How to earn more as a Financial Risk Specialist

To become a financial risk specialist, you will need to have a degree in economics, finance, mathematics, or statistics. Alternatively, you could move into the field via a degree apprenticeship. To maximise earning potential, you could become a specialist in a specific area such as derivatives pricing or portfolio management, or take on a managerial role within the industry. Self-employment and setting up one's own firm are also viable career choices.