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Financial Risk Specialists Salary in Grand Rapids, MI

In the 2025 U.S. Bureau of Labor Statistics, OEWS dataset, Financial Risk Specialists in Grand Rapids, MI have a median annual salary of $101,090, with 110 recorded jobs in this area. Recorded earnings range from $64,100 at the 10th percentile to $154,940 at the 90th percentile.

Source: U.S. Bureau of Labor Statistics, OEWS · Data year: 2025 · Last updated: 2026-09-22

Salary overview

Median annual salary

$101,090

Data year: 2025

Hourly median

$48.60

Employment

110

Source

U.S. Bureau of Labor Statistics, OEWS

Salary distribution

$64,100
10th
$77,210
25th
$101,090
Median
$125,760
75th
$154,940
90th

Local compared with national

Grand Rapids, MI

$101,090

Median annual · 2025

United States

$117,330

Median annual · 2025

The Grand Rapids, MI median is 13.8% below the national median in the available dataset (a difference of $16,240).

Career information

Education and experience

Job zone
4

Technology used

  • AnalyzerXL
  • ADP Workforce Now
  • Advanced Portfolio Technologies Report Builder
  • Advanced Portfolio Technologies Simulator
  • Amazon Web Services AWS software
  • Analyse-it
  • Annuities analysis software
  • Apache Hive
  • Apache Pig
  • Apple AppleWorks
  • Apple Keynote
  • Aptech Systems GAUSS
  • Aspen Graphics Technical Analysis Software
  • Atlassian JIRA
  • BizBench

Common tasks

  • Recommend ways to control or reduce risk.
  • Review or draft risk disclosures for offer documents.
  • Maintain input or data quality of risk management systems.
  • Analyze areas of potential risk to the assets, earning capacity, or success of organizations.
  • Analyze new legislation to determine impact on risk exposure.
  • Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
  • Confer with traders to identify and communicate risks associated with specific trading strategies or positions.
  • Consult financial literature to ensure use of the latest models or statistical techniques.
  • Contribute to development of risk management systems.
  • Determine potential environmental impacts of new products or processes on long-term growth and profitability.

Related careers

Occupations recorded as related in the dataset. A relationship does not imply a guaranteed transition.

Financial Risk Specialists salary in other locations

Other occupations in Grand Rapids, MI