Risk Analyst Salary in 2026
Risk analysts identify and assess financial risks facing organizations, developing mitigation strategies and stress-testing scenarios. They monitor market, credit, and operational risks.
Median Salary
$89,000
$7,417/mo
Entry Level
$59,000
starting pay
Senior Level
$124,000
experienced
Job Growth
+17%
10-yr outlook
Risk Analyst Overview
Risk analysts identify and assess financial risks facing organizations, developing mitigation strategies and stress-testing scenarios. They monitor market, credit, and operational risks.
Education
Bachelor's Degree
Experience
2-4 years
Industry
Finance
Total Jobs (US)
95K
5-Year Growth
+15%
Category
Finance
Hourly Rate
$42.79/hr
Monthly Pay
$7,417
Risk Analyst Salary Calculator
Adjust your state and experience level to see the estimated Risk Analyst salary in your area.
Mid Career (5-9 yrs)
Estimated Risk Analyst Salary
$102,000
$8,500/month · $3,923/biweekly · $49.04/hr
Risk Analyst Salary Range
Salary distribution from entry-level to top earners in the Risk Analyst field.
Entry-level Risk Analysts earn around $59,000, while the top 10% earn $139,000 or more.
Top Paying States for Risk Analysts
| State | Est. Median Salary | vs National |
|---|---|---|
| California | $105,000 | +$16,000 |
| New York | $102,000 | +$13,000 |
| Connecticut | $98,000 | +$9,000 |
| Illinois | $93,000 | +$4,000 |
| Texas | $87,000 | $-2,000 |
Top Paying Cities for Risk Analysts
| City | Est. Median Salary | vs National |
|---|---|---|
| San Francisco | $111,000 | +$22,000 |
| New York | $105,000 | +$16,000 |
| Hartford | $94,000 | +$5,000 |
| Chicago | $93,000 | +$4,000 |
| Dallas | $89,000 | $0 |
Required Skills & Certifications
Key Skills
Certifications
Risk Analyst Career Progression
Typical salary growth path for a Risk Analyst from entry level to expert.
$59,000
0-2 years
$92,000
3-7 years
$124,000
8-14 years
$154,000
15+ years
Related Finance Jobs
Risk Analyst Salary FAQ
How much does a Risk Analyst make in 2026?
The median salary for a Risk Analyst in the United States is $89,000 per year in 2026. Entry-level positions start around $59,000, while senior professionals earn up to $124,000. Top earners in the field can make $154,000 or more annually.
What education is needed to become a Risk Analyst?
A Risk Analyst typically requires a Bachelor's Degree with 2-4 years of experience. Key skills include Risk Modeling, VaR Analysis, Python. Relevant certifications such as FRM or PRM can boost earning potential and career advancement.
What is the job outlook for Risk Analysts?
The job market for Risk Analysts is projected to grow by 17% over the next decade. There are currently approximately 95K Risk Analyst positions in the US. Salary growth over the past 5 years has been approximately 15%, reflecting strong demand for this role.
Which states pay Risk Analysts the most?
The highest-paying states for Risk Analysts include New York, California, Connecticut. In New York, the median salary is approximately $102,000. However, cost of living varies significantly, so adjusted purchasing power should be considered when comparing salaries across states.
How can I increase my Risk Analyst salary?
To increase your Risk Analyst salary, focus on gaining expertise in high-demand skills like Risk Modeling and VaR Analysis. Pursue certifications such as FRM. Consider relocating to higher-paying markets like New York. With 2-4 years of experience, you can progress from $59,000 to $124,000 or more.
Methodology & Data Sources — Risk Analyst Salary
How we calculate Risk Analyst salary data: Our figures combine BLS Occupational Employment and Wage Statistics (OEWS) for the national salary baseline, adjusted by cost-of-living multipliers from the C2ER Cost of Living Index. State-level estimates use BLS regional wage survey data weighted by occupation employment counts. We calibrate entry/senior/top-level tiers against BLS percentile distributions (P10, P25, P75, P90) for this occupation.
- National median salary: $89,000 — sourced from BLS OEWS for SOC code corresponding to Risk Analyst in the Finance sector.
- Entry-level ($59,000) and senior-level ($124,000) figures reflect BLS P25 and P75 percentile wage estimates adjusted for experience.
- Job outlook: +17% projected growth through 2034, from BLS Employment Projections program. Approximately 95K total positions nationwide.
- 5-year salary growth: 15% over the past 5 years, derived from BLS Employment Cost Index for Finance sector wages.
- Education requirement: Bachelor's Degree, per BLS Occupational Outlook Handbook entry for this occupation.
- State-level estimates use BLS regional CPI-U data and OEWS metropolitan area wage surveys, normalized to the national median of $89,000.
Authoritative US data sources for Risk Analyst compensation:
- BLS Occupational Employment and Wage Statistics (OEWS) — national and metro-area salary data
- BLS Occupational Outlook Handbook — Risk Analyst job projections, education, and career outlook
- BLS Employment Projections — 10-year occupation growth and decline data
- BLS Employment Cost Index — quarterly compensation trend data for Finance
- BLS Consumer Price Index (CPI-U) — regional inflation for cost-of-living wage adjustments
- IRS Revenue Procedure 2025-32 summary — 2026 federal tax brackets and standard deductions
Disclaimer: Risk Analyst salary figures are statistical estimates for general guidance. Actual compensation depends on employer, location, negotiation, specific skills (Risk Modeling, VaR Analysis, Python), certifications, and industry conditions. Always verify with multiple sources including current job listings, recruiter data, and direct employer offers before making career decisions.
Reviewed by Brazora Monk · Last updated May 17, 2026 · BLS data current as of latest OEWS annual release
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