Financial Risk Specialist salary in Albany-Schenectady-Troy, NY
Financial Risk Specialists in the Albany-Schenectady-Troy, NY metro area earn a median of $120,570 a year ($57.97 an hour), based on BLS data for 200 workers.
Pay ranges from $68,810 for the lowest-paid 10% to $186,800 for the top 10%. That is 3% higher than the national median of $117,330. Pay here is 12% lower than the New York statewide median of $136,830. There are 0.44 financial risk specialists per 1,000 jobs here — close to the national average. The average (mean) salary is $124,440, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Albany-Schenectady-Troy, NY
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $68,810 | $33.08 |
| 25th percentile | $86,730 | $41.70 |
| Median | $120,570 | $57.97 |
| 75th percentile | $148,150 | $71.23 |
| 90th percentile (top earners) | $186,800 | $89.81 |
| Average (mean) | $124,440 | $59.83 |
Half of financial risk specialists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $10,047.50 |
| Semi-monthly (24 a year) | $5,023.75 |
| Biweekly (26 a year) | $4,637.31 |
| Weekly | $2,318.65 |
| Hourly | $57.97 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $120,570 salary, see how much house you can afford in New York at today's mortgage rates, or work out a payment with the mortgage calculator.
Financial Risk Specialist salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $139,670 | 12,770 |
| Syracuse, NY | $122,740 | 100 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | $106,400 | 40 |
| Buffalo-Cheektowaga, NY | $96,980 | 470 |
| Rochester, NY | $85,540 | 210 |
Highest-paying states for financial risk specialists
| State | 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 |
See Financial Risk Specialist pay in every state or the New York statewide figures.
Related jobs in Albany-Schenectady-Troy, NY
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $84,660 | $40.70 |
| Financial and Investment Analysts | $91,270 | $43.88 |
| Tax Examiners and Collectors, and Revenue Agents | $64,990 | $31.25 |
| Personal Financial Advisor | $124,610 | $59.91 |
| Budget Analyst | $81,350 | $39.11 |
| Loan Officer | $79,710 | $38.32 |
| Insurance Underwriter | $92,830 | $44.63 |
| Financial Examiner | $80,640 | $38.77 |
| Tax Preparer | $62,290 | $29.95 |
| Financial Specialists, All Other | $77,390 | $37.21 |
| Property Appraisers and Assessors | $74,770 | $35.95 |
| Credit Counselor | $60,730 | $29.20 |
| Management Analyst | $83,690 | $40.24 |
| Project Management Specialist | $109,850 | $52.81 |
More: Business and Financial Operations Occupations · all salaries in Albany-Schenectady-Troy, NY
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2054. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial risk specialist make in Albany-Schenectady-Troy, NY?
The median salary for financial risk specialists in the Albany-Schenectady-Troy, NY metro area is $120,570 a year, or $57.97 an hour. Pay ranges from $68,810 for the lowest-paid 10% to $186,800 for the top 10%.
How much do the highest-paid financial risk specialists make in Albany-Schenectady-Troy, NY?
The top 10% of financial risk specialists in the Albany-Schenectady-Troy, NY metro area earn at least $186,800 a year. The top 25% earn $148,150 or more.
What is the starting pay for financial risk specialists in Albany-Schenectady-Troy, NY?
Entry-level pay (the 10th percentile) is about $68,810 a year, and a quarter of financial risk specialists earn $86,730 or less.
How many financial risk specialists work in Albany-Schenectady-Troy, NY?
About 200 financial risk specialists are employed in the Albany-Schenectady-Troy, NY metro area, not counting the self-employed.