How much does a Financial Risk Specialists make in Michigan?
Last updated: 2024 data from the Bureau of Labor Statistics
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
Salaries for Financial Risk Specialists in Michigan range from $61,040 at the 10th percentile (entry level) to $160,010 at the 90th percentile (experienced). The middle 50% earn between $78,560 and $129,400.
| Percentile | Annual Salary | Hourly Rate | Monthly |
|---|---|---|---|
| 10th Percentile (Entry Level) | $61,040 | $29.35 | $5,086 |
| 25th Percentile | $78,560 | $37.77 | $6,546 |
| Median (50th) | $100,430 | $48.28 | $8,369 |
| 75th Percentile | $129,400 | $62.21 | $10,783 |
| 90th Percentile (Experienced) | $160,010 | $76.93 | $13,334 |
Note: The mean (average) salary of $106,250 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 Michigan adjusted for cost of living →
Compare Financial Risk Specialists pay across states — sorted by highest median salary.
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