Financial Risk Specialist salary in Cleveland, OH
Financial Risk Specialists in the Cleveland, OH metro area earn a median of $93,730 a year ($45.06 an hour), based on BLS data for 430 workers.
Pay ranges from $64,600 for the lowest-paid 10% to $162,180 for the top 10%. That is 20% lower than the national median of $117,330. Pay here is 5% lower than the Ohio statewide median of $98,650. There are 0.41 financial risk specialists per 1,000 jobs here — close to the national average. The average (mean) salary is $106,150, above the median because a few high earners pull it up.
Pay range for financial risk specialists in Cleveland, OH
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $64,600 | $31.06 |
| 25th percentile | $78,130 | $37.56 |
| Median | $93,730 | $45.06 |
| 75th percentile | $127,610 | $61.35 |
| 90th percentile (top earners) | $162,180 | $77.97 |
| Average (mean) | $106,150 | $51.03 |
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 | $7,810.83 |
| Semi-monthly (24 a year) | $3,905.42 |
| Biweekly (26 a year) | $3,605 |
| Weekly | $1,802.50 |
| Hourly | $45.06 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $93,730 salary, see how much house you can afford in Ohio 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 |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH | $104,190 | 40 |
| Columbus, OH | $100,350 | 630 |
| Akron, OH | $97,180 | 80 |
| Cincinnati, OH-KY-IN | $93,470 | 430 |
| Toledo, OH | $82,930 | 40 |
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 Ohio statewide figures.
Related jobs in Cleveland, OH
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $80,000 | $38.46 |
| Loan Officer | $77,730 | $37.37 |
| Personal Financial Advisor | $81,130 | $39.01 |
| Financial and Investment Analysts | $98,320 | $47.27 |
| Financial Examiner | $46,960 | $22.58 |
| Financial Specialists, All Other | $84,910 | $40.82 |
| Insurance Underwriter | $78,610 | $37.80 |
| Credit Analyst | $79,720 | $38.33 |
| Property Appraisers and Assessors | $65,380 | $31.43 |
| Budget Analyst | $90,940 | $43.72 |
| Credit Counselor | $58,570 | $28.16 |
| Tax Examiners and Collectors, and Revenue Agents | $92,520 | $44.48 |
| Project Management Specialist | $95,000 | $45.67 |
| Human Resources Specialist | $70,900 | $34.09 |
More: Business and Financial Operations Occupations · all salaries in Cleveland, OH
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 Cleveland, OH?
The median salary for financial risk specialists in the Cleveland, OH metro area is $93,730 a year, or $45.06 an hour. Pay ranges from $64,600 for the lowest-paid 10% to $162,180 for the top 10%.
How much do the highest-paid financial risk specialists make in Cleveland, OH?
The top 10% of financial risk specialists in the Cleveland, OH metro area earn at least $162,180 a year. The top 25% earn $127,610 or more.
What is the starting pay for financial risk specialists in Cleveland, OH?
Entry-level pay (the 10th percentile) is about $64,600 a year, and a quarter of financial risk specialists earn $78,130 or less.
How many financial risk specialists work in Cleveland, OH?
About 430 financial risk specialists are employed in the Cleveland, OH metro area, not counting the self-employed.