How to Become a Market Risk Specialist
What is a Market Risk Specialist
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.
What Does a Market Risk Specialist Do
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.
How To Become a Market Risk Specialist
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.
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Average Salary for a Market Risk Specialist
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Market Risk Specialist Jobs You Might Like
- High Paying Market Risk Specialist Jobs - $174K and Up
- Entry Level Market Risk Specialist Jobs
- Part Time Market Risk Specialist Jobs
- Actively Hiring
- No Degree Market Risk Specialist Jobs
Top Colleges for Market Risk Specialists
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of North Carolina at Chapel Hill
Chapel Hill, NC • Private
4. Boston University
Boston, MA • Private
5. New York University
New York, NY • Private
6. University of Southern California
Los Angeles, CA • Private
7. University of Illinois at Urbana-Champaign
Champaign, IL • Private
8. Syracuse University
Syracuse, NY • Private
9. SUNY at Buffalo
Buffalo, NY • Private
10. San Diego State University
San Diego, CA • Private
Find the best Market Risk Specialist job for you
Market Risk Specialist Jobs You Might Like
- High Paying Market Risk Specialist Jobs - $174K and Up
- Entry Level Market Risk Specialist Jobs
- Part Time Market Risk Specialist Jobs
- Actively Hiring
- No Degree Market Risk Specialist Jobs
Online Courses For Market Risk Specialist That You May Like
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...
Best States For a Market Risk Specialist
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