There is more than meets the eye when it comes to being a Market Risk Specialist. For example, did you know that they make an average of $44.89 an hour? That's $93,369 a year!
Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.
There are certain skills that many Market Risk Specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Computer skills, Math skills and Analytical skills.
If you're interested in becoming a Market Risk Specialist, one of the first things to consider is how much education you need. We've determined that 40.0% of Market Risk Specialists have a bachelor's degree. In terms of higher education levels, we found that 60.0% of Market Risk Specialists have master's degrees. Even though most Market Risk Specialists have a college degree, it's impossible to become one with only a high school degree or GED.
You may find that experience in other jobs will help you become a Market Risk Specialist. In fact, many Market Risk Specialist jobs require experience in a role such as Director. Meanwhile, many Market Risk Specialists also have previous career experience in roles such as Project Coordinator or Credit Risk Management Director.
Tell us your goals and we'll match you with the right jobs to get there.
And if you’re looking for a job, here are the five top employers hiring now:
Use Zippia's Salary Calculator to see how your pay matches up.
Find the best Market Risk Specialist job for you
Philadelphia, PA • Private
Evanston, IL • Private
Chapel Hill, NC • Private
Boston, MA • Private
New York, NY • Private
Los Angeles, CA • Private
Champaign, IL • Private
Syracuse, NY • Private
Buffalo, NY • Private
San Diego, CA • Private
Find the best Market Risk Specialist job for you
This course provides the foundation for understanding the frameworks used to develop market risk management strategies. You will identify the market risks associated with each type of financial instrument. You will be introduced to techniques for estimating the risk associated with each class of investments. By the end of the course, you will be able to select the most effective derivatives for managing risk of a single asset and a portfolio of assets, develop asset selection strategies for mana...
Risk Management Strategies: Risk Analysis Techniques: Risk Management Principles: Risk Management Process: Methods...
Learn how to conduct an audit from start to end. This course can be used as a guide to audit almost any process...
Some places are better than others when it comes to starting a career as a Market Risk Specialist. The best states for people in this position are Rhode Island, Virginia, New York, and Georgia. Market Risk Specialists make the most in Rhode Island with an average salary of $119,964. Whereas in Virginia and New York, they would average $114,105 and $109,544, respectively. While Market Risk Specialists would only make an average of $108,972 in Georgia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Virginia
$114,105
Avg. Salary
2. Texas
$108,175
Avg. Salary
3. Rhode Island
$119,964
Avg. Salary