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 $59.93 an hour? That's $124,657 a year!
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 analytical skills, math skills and critical-thinking skills.
When it comes to the most important skills required to be a market risk specialist, we found that a lot of resumes listed 55.2% of market risk specialists included risk management, while 25.2% of resumes included var, and 11.5% of resumes included credit risk. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
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 25.0% of market risk specialists have a bachelor's degree. In terms of higher education levels, we found that 25.0% of market risk specialists have master's degrees. Even though some market risk specialists have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a market risk specialist. When we researched the most common majors for a market risk specialist, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on market risk specialist resumes include None degrees or None degrees.
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 audit manager.
Tell us your goals and we'll match you with the right jobs to get there.
| Job TitleCompany | Company | Start Date | Salary |
|---|---|---|---|
Nomura Holding America Inc. Vice President, Market Risk Specialist Vice President, Market Risk Specialist | Nomura Holding America Inc. Nomura Holding America Inc. | 08/27/2019 08/27/2019 | $115,00008/27/2019 $115,000 |
The Bank of New York Mellon Specialist, Market (LIQ) Risk Specialist, Market (LIQ) Risk | The Bank of New York Mellon The Bank of New York Mellon | 02/20/2019 02/20/2019 | $101,50002/20/2019 $101,500 |
Nomura Securities International, Inc. Global Markets Liquidity Risk Specialist (Vice President) Global Markets Liquidity Risk Specialist (Vice President) | Nomura Securities International, Inc. Nomura Securities International, Inc. | 01/07/2019 01/07/2019 | $150,00001/07/2019 $150,000 |
The Bank of New York Mellon Specialist, Market and Liquidity Risk Specialist, Market and Liquidity Risk | The Bank of New York Mellon The Bank of New York Mellon | 03/20/2018 03/20/2018 | $100,00003/20/2018 $100,000 |
UBS Business Solutions Us LLC Associate Director, Market Risk Reporting Specialist Associate Director, Market Risk Reporting Specialist | UBS Business Solutions Us LLC UBS Business Solutions Us LLC | 03/13/2018 03/13/2018 | $90,00003/13/2018 $90,000 |
Use Zippia's Salary Calculator to see how your pay matches up.
| Gender |
|---|
Male 75.0 % |
Female 25.0 % |
| Ethnicity |
White 62.8 % |
Asian 16.0 % |
Black or African American 12.2 % |
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| Foreign Languages Spoken |
| Show More |
| Schools |
|---|
Villanova University 28.6 % |
University of Texas at Austin 14.3 % |
State University of New York Buffalo 14.3 % |
American University 14.3 % |
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| Majors |
Project Management 25.0 % |
Finance 12.5 % |
Business 12.5 % |
Criminal Justice 12.5 % |
| Show More |
| Degrees |
Certificate 50.0 % |
Masters 25.0 % |
Bachelors 25.0 % |
| Show More |
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 55.2% of market risk specialists listed risk management on their resume, but soft skills such as analytical skills and math skills are important as well.
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 Maine, Alaska, Wisconsin, and Illinois. Market risk specialists make the most in Maine with an average salary of $148,022. Whereas in Alaska and Wisconsin, they would average $140,285 and $139,679, respectively. While market risk specialists would only make an average of $135,643 in Illinois, 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. Iowa
$130,820
Avg. Salary
2. Maine
$148,022
Avg. Salary
3. Rhode Island
$130,892
Avg. Salary
