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Financial Risk Specialists Salary in Illinois

Last updated: 2025 BLS data · Page refreshed:

How much do Financial Risk Specialists make in Illinois?

Last updated: 2025 data from the Bureau of Labor Statistics

$104,300
Median Annual Salary
▲ +6.0% vs 2024
$121,010
Mean Salary
$104,300
Median Salary
$50.14
Hourly Rate
2,920 people work as Financial Risk Specialists in Illinois

Financial Risk Specialists salary by percentile in Illinois

BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).

Financial Risk Specialists salary in Illinois — 2025 BLS percentilesHorizontal bars showing 10th, 25th, 50th, 75th and 90th percentile annual salaries for Financial Risk Specialists in Illinois.10thBottom 10% earn less than $65,260$65,26025th25% earn less than $79,070$79,070MedianHalf earn more than $104,300$104,30075th75% earn less than $156,080$156,08090thTop 10% earn more than $202,260$202,260

Financial Risk Specialists in Illinois earn a median salary of $104,300 per year ($8,691/month). This is 1.2% above the national average of $103,075. Illinois ranks #19 out of 50 states for Financial Risk Specialists pay. Approximately 2,920 people work in this occupation across Illinois. Salaries increased by 6.0% compared to 2024.

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 $65,260 at the 10th percentile (entry level) to $202,260 at the 90th percentile (experienced). The middle 50% earn between $79,070 and $156,080.

Median $104,300
P10: $65,260 P25: $79,070 P75: $156,080 P90: $202,260
10th
$65,260
25th
$79,070
Median
$104,300
75th
$156,080
90th
$202,260
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $65,260 $31.38 $5,438
25th Percentile $79,070 $38.01 $6,589
Median (50th) $104,300 $50.14 $8,691
75th Percentile $156,080 $75.04 $13,006
90th Percentile (Experienced) $202,260 $97.24 $16,855

Note: The mean (average) salary of $121,010 differs from the median because salary distributions are typically skewed by high earners.

📊 How Does This Compare?

#19
Illinois ranks #19 of 50 states
$103,075
National avg. for Financial Risk Specialists
+1.2%
vs. national average
Near Average

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

How much do you actually take home? See Financial Risk Specialists take-home pay in Illinois after taxes →

Explore Financial Risk Specialists Data in Illinois

After-Tax Take-Home Pay Hourly Wage Breakdown Cost-of-Living Adjusted Entry-Level vs Senior Salary Employment Outlook & Job Demand

Financial Risk Specialists Salary by State

Compare Financial Risk Specialists pay across states — sorted by highest 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

View all 50 states →

Related Careers in Illinois

Explore similar occupations and their salaries in Illinois.

Credit CounselorsSimilar $51,930 Tax PreparersSimilar $54,480 Agents and Business Managers of Artists, Performers, and AthletesSimilar $56,560 Meeting, Convention, and Event PlannersSimilar $59,840 Property Appraisers and AssessorsSimilar $60,150 FundraisersSimilar $66,440 Training and Development SpecialistsSimilar $67,380 Insurance Appraisers, Auto DamageSimilar $71,510 Human Resources SpecialistsSimilar $76,820 Claims Adjusters, Examiners, and InvestigatorsSimilar $77,010

View all jobs in Illinois →

Frequently Asked Questions

How much do Financial Risk Specialists make in Illinois?
The median annual salary for Financial Risk Specialists in Illinois is $104,300 as of 2025. The average (mean) salary is $121,010.
What is the salary range for a Financial Risk Specialists in Illinois?
Salaries for Financial Risk Specialists in Illinois range from $65,260 at the 10th percentile to $202,260 at the 90th percentile. The middle 50% earn between $79,070 and $156,080.
What is the starting salary for a Financial Risk Specialists in Illinois?
Entry-level Financial Risk Specialists positions in Illinois typically start around $65,260 (10th percentile). With some experience, salaries rise to $79,070 (25th percentile).
How many people work as Financial Risk Specialists in Illinois?
According to 2025 BLS data, approximately 2,920 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 $50.14 per hour.

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More About Illinois

Salary Data
All Salaries in Illinois Average Salary in Illinois Highest Paying Jobs in Illinois
Salary Thresholds
Jobs Over $100K in Illinois $100K+ Jobs Without a Degree in Illinois
Top Cities in Illinois
Chicago Aurora Naperville Joliet
Top Colleges in Illinois
Adler University American Islamic College School of the Art Institute of Chicago Augustana College

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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

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