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Financial Risk Specialists Salary in Illinois

How much does a Financial Risk Specialists make in Illinois?

Last updated: 2024 data from the Bureau of Labor Statistics

$98,410
Median Annual Salary
$111,110
Mean Salary
$98,410
Median Salary
$47.31
Hourly Rate
2,810 people work as Financial Risk Specialists in Illinois

About This Job: Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Financial Risk Specialists in Illinois

Salaries for Financial Risk Specialists in Illinois range from $57,320 at the 10th percentile (entry level) to $203,260 at the 90th percentile (experienced). The middle 50% earn between $73,040 and $138,490.

Median $98,410
P10: $57,320 P25: $73,040 P75: $138,490 P90: $203,260
10th
$57,320
25th
$73,040
Median
$98,410
75th
$138,490
90th
$203,260
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $57,320 $27.56 $4,776
25th Percentile $73,040 $35.12 $6,086
Median (50th) $98,410 $47.31 $8,200
75th Percentile $138,490 $66.58 $11,540
90th Percentile (Experienced) $203,260 $97.72 $16,938

Note: The mean (average) salary of $111,110 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Financial Risk Specialists salary in Illinois adjusted for cost of living →

Financial Risk Specialists Salary by State

Compare Financial Risk Specialists pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Financial Risk Specialists make in Illinois?
The median annual salary for a Financial Risk Specialists in Illinois is $98,410 as of 2024. The average (mean) salary is $111,110.
What is the salary range for a Financial Risk Specialists in Illinois?
Salaries for Financial Risk Specialists in Illinois range from $57,320 at the 10th percentile to $203,260 at the 90th percentile. The middle 50%% earn between $73,040 and $138,490.
What is the starting salary for a Financial Risk Specialists in Illinois?
Entry-level Financial Risk Specialists positions in Illinois typically start around $57,320 (10th percentile). With some experience, salaries rise to $73,040 (25th percentile).
How many people work as Financial Risk Specialists in Illinois?
According to 2024 BLS data, approximately 2,810 people are employed as Financial Risk Specialists in Illinois.
What is the hourly rate for a Financial Risk Specialists in Illinois?
Based on a standard 2,080-hour work year, the median hourly rate for a Financial Risk Specialists in Illinois is approximately $47.31 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS