Credit Analysts vs Financial Risk Specialists: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Risk Specialists professionals earn $25,030 more per year than Credit Analysts professionals — that's 30.9% higher. At the 90th percentile, Credit Analysts earns $168,840 compared to $182,310 for Financial Risk Specialists.
Salary Range Comparison
Credit Analysts$52,930 – $168,840
Financial Risk Specialists$62,270 – $182,310
$52,930$182,310
Detailed Salary Comparison
| Percentile | Credit Analysts | Financial Risk Specialists | Difference |
|---|---|---|---|
| 10th Percentile | $52,930 | $62,270 | $-9,340 |
| 25th Percentile | $63,850 | $80,280 | $-16,430 |
| Median (50th) | $80,970 | $106,000 | $-25,030 |
| 75th Percentile | $113,850 | $145,020 | $-31,170 |
| 90th Percentile | $168,840 | $182,310 | $-13,470 |
| Mean (Average) | $98,040 | $119,930 | $-21,890 |
Employment Numbers
Credit Analysts
67,370
employed nationwide
Financial Risk Specialists
56,320
employed nationwide
Top Paying Cities
Best Cities for Credit Analysts
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $133,180 |
| San Francisco-Oakland-Berkeley, CA | $127,470 |
| Birmingham-Hoover, AL | $105,510 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $105,010 |
| Denver-Aurora-Lakewood, CO | $100,670 |
Best Cities for Financial Risk Specialists
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $141,960 |
| San Francisco-Oakland-Berkeley, CA | $140,050 |
| San Jose-Sunnyvale-Santa Clara, CA | $137,420 |
| Charlotte-Concord-Gastonia, NC-SC | $130,750 |
| Seattle-Tacoma-Bellevue, WA | $128,440 |
Frequently Asked Questions
Who earns more: Credit Analysts or Financial Risk Specialists?
Financial Risk Specialists professionals earn more, with a median salary difference of $25,030 (30.9% higher) as of 2024 BLS data.
What is the salary range for Credit Analysts?
Credit Analysts salaries range from $52,930 (10th percentile) to $168,840 (90th percentile), with a median of $80,970.
What is the salary range for Financial Risk Specialists?
Financial Risk Specialists salaries range from $62,270 (10th percentile) to $182,310 (90th percentile), with a median of $106,000.
How many Credit Analysts and Financial Risk Specialists jobs are there?
There are approximately 67,370 Credit Analysts positions and 56,320 Financial Risk Specialists positions nationwide according to 2024 BLS data.
Is it worth switching from Financial Risk Specialists to Credit Analysts?
Career decisions depend on many factors beyond salary. Credit Analysts has a median salary of $80,970 while Financial Risk Specialists earns $106,000. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS