Financial Risk Specialists pay in Michigan

In Michigan, the median pay for financial risk specialists is $49.97 an hour ($103,940 a year). About 1,150 people work in this job there.

$49.97Median hourly pay
$79,720–$132,260Middle half of workers, yearly
1,150People in this job in Michigan

That is 11% lower than the U.S. median ($117,330). Michigan ranks 20th of 50 states and territories for this job’s median pay.

Pay range for financial risk specialists in Michigan

Earns more thanHourlyYearly
10% of workers$29.04$60,400
25% of workers$38.33$79,720
Half of workers (median)$49.97$103,940
75% of workers$63.59$132,260
90% of workers$79.52$165,410

Financial Risk Specialists pay in Michigan metro areas

Metro areaMedian yearly payPeople in this job
Ann Arbor$125,02060
Detroit-Warren-Dearborn$105,110690
Grand Rapids-Wyoming-Kentwood$101,090110
Lansing-East Lansing$96,98050

Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for financial risk specialists

  • Typical education to start: Bachelor's degree (BLS)
  • Job outlook: +7.4% over ten years, faster than average · about 4,800 openings a year (BLS)

Related jobs in Michigan

JobMedian yearly pay
Accountants and Auditors$78,820
Loan Officers$74,470
Financial and Investment Analysts$95,420
Personal Financial Advisors$77,930
Financial Specialists, All Other$75,040
Insurance Underwriters$77,380
Property Appraisers and Assessors$64,270
Tax Preparers$46,400

Other job titles for this job

Business Risk ManagerCompliance Risk ManagerEnergy Risk Management AnalystEnterprise Risk ManagerEstate ExecutorFinancial Risk AnalystLoss Control ConsultantLoss Control InspectorMarket Risk AnalystMarket Risk SpecialistOperational Risk AnalystOperational Risk Consultant

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.