H-1B Demand for Financial Risk Specialists Skyrockets, Led by New York and Texas
Explore H-1B visa filings for Financial Risk Specialists. View sponsoring employers, salary data from 100 filings, and approval rates from DOL public records.
| Metric | Value |
|---|---|
| Total H-1B Petitions | 100 |
| Approval Rate | 99% |
| Average Salary | $155,168 |
| Salary Range | $65,000 - $300,000 |
| Top Sponsor | Ernst & Young U.S. LLP |
| Primary Location | New York |
Financial Risk Specialists is one of the H-1B visa categories with 250 filings and an average salary of $1,940,303. The "Financial Risk Specialists" role shows a significant surge in H-1B applications, particularly in FY2025, indicating high demand. New York, Texas, and California are the leading states for H-1B hires in this specialization, reflecting major financial hubs. The average salary for H-1B Financial Risk Specialists is substantial, aligning with the specialized nature of the role.
| Total Filings | 100 |
| Approval Rate | 99% |
| Average Salary | $155,168 |
| Median Salary | $157,581 |
| 25th Percentile | $128,800 |
| 75th Percentile | $176,820 |
| Minimum Salary | $65,000 |
| Maximum Salary | $300,000 |
| 10th Percentile | $95,040 |
| 25th Percentile | $128,800 |
| Median (50th) | $157,581 |
| 75th Percentile | $176,820 |
| 90th Percentile | $215,045 |
| Average | $155,168 |
| Sample Size | 100 |
| Visa Class | Filings |
|---|---|
| H-1B | 60 |
| E-3 AUSTRALIAN | 31 |
| H-1B1 SINGAPORE | 7 |
| H-1B1 CHILE | 2 |
| Education Level | Filings |
|---|---|
| Not Specified | 100 |
| Employer | Filings | Avg Salary |
|---|---|---|
| Ernst & Young U.S. LLP | 23 | $163k |
| Citibank, N.A. | 9 | $172k |
| GOLDMAN SACHS & CO. LLC | 6 | $109k |
| Macquarie Global Services (USA) LLC | 5 | $146k |
| PwC US Consulting LLP | 4 | $165k |
| Bloomberg L.P. | 3 | $147k |
| Citigroup Global Markets Inc. | 3 | $169k |
| Stripe, Inc. | 3 | $148k |
| Gent Commodity USA Incorporated | 3 | $95k |
| GOLDMAN SACHS SERVICES LLC | 3 | $132k |
| State | Filings |
|---|---|
| New York | 43 |
| Texas | 15 |
| Florida | 9 |
| California | 7 |
| Washington | 4 |
| Utah | 4 |
| New Jersey | 4 |
| Illinois | 3 |
| Pennsylvania | 2 |
| Massachusetts | 2 |
Focus on developing advanced analytical skills and certifications in financial risk management to stand out in a competitive H-1B market for this role.
The average H-1B salary for Financial Risk Specialists is $1,940,303, with a median of $150,000. The 25th-75th percentile range is $120,000 to $173,000.
Top H-1B sponsors for Financial Risk Specialists include Ernst & Young U.S. LLP, Citibank, N.A., GOLDMAN SACHS & CO. LLC, Microsoft Corporation, Morgan Stanley Services Group Inc.. A total of 97 employers have filed for this role.
There are 250 H-1B filings on record for Financial Risk Specialists positions. 99.6% were certified.
The top states for H-1B Financial Risk Specialists positions are New York (93), Texas (35), California (19), Florida (16), New Jersey (16).
Yes, Financial Risk Specialists is a qualifying occupation for H-1B visa sponsorship. There are 250 approved H-1B petitions for this role in the database.
H-1B Financial Risk Specialists salaries range from $62,088 to $426,995,712. The median salary is $150,000.
The approval rate for Financial Risk Specialists H-1B petitions is 99.6%. A dramatic increase in H-1B petitions for Financial Risk Specialists is observed from FY2024 to FY2025.
The vast majority of H-1B applications are for new employment, suggesting companies are actively seeking external talent.
Focus on developing advanced analytical skills and certifications in financial risk management to stand out in a competitive H-1B market for this role.
The total compensation for this role is high, with a median annual wage of $150,000.
The Financial Risk Specialists occupation (SOC code 13-205400) is classified under the Standard Occupational Classification (SOC) system maintained by the Bureau of Labor Statistics. The SOC system groups workers into occupational categories based on the type of work performed, providing a standardized framework for comparing wages, employment levels, and workforce trends across the United States.
Financial Risk Specialists positions fall within the specialty occupation category required for H-1B visa sponsorship, meaning they typically require the theoretical and practical application of a body of highly specialized knowledge and at minimum a bachelor's degree or its equivalent in the specific specialty. Based on H-1B filing data, the most common education requirement for Financial Risk Specialists positions is Not Specified (100 filings), followed by other degree levels.
Across 100 LCA filings tracked by H1BSalaryCheck, Financial Risk Specialists positions show an average offered salary of $155,168, with a range from $65,000 at the entry level to $300,000 for senior positions. The largest concentration of H-1B filings for this role is in New York (43 filings) and Texas (15 filings).
Career outlook for Financial Risk Specialists professionals is closely tied to industry demand for specialized skills. Employers sponsoring H-1B workers for this role are demonstrating that they could not find sufficient qualified U.S. workers to fill these positions, which often signals strong demand and competitive compensation. Workers in this occupation may also be eligible for other visa categories including L-1 intracompany transfers, O-1 extraordinary ability visas, or employment-based green card sponsorship through the PERM process.
To sponsor a foreign worker for an H-1B visa in a Financial Risk Specialists role, U.S. employers must satisfy several requirements established by the Immigration and Nationality Act (INA) and enforced by both the Department of Labor (DOL) and U.S. Citizenship and Immigration Services (USCIS):
The position must qualify as a "specialty occupation," meaning it requires the theoretical and practical application of a body of highly specialized knowledge and at minimum a bachelor's degree or its equivalent in a specific specialty directly related to the position. For Financial Risk Specialists roles, H-1B filings indicate that employers most commonly require a Not Specified degree. USCIS evaluates whether the position itself, not just the employer's preference, genuinely requires specialized education.
Employers must pay H-1B workers at least the prevailing wage for the occupation in the geographic area of employment, as determined by the DOL. The prevailing wage is based on four skill levels (Level 1 through Level 4) that reflect the complexity of the job duties and required experience. For Financial Risk Specialists positions, the average offered salary of $155,168 exceeds prevailing wages by an average of 21.2%, with 86% of filings offering above the prevailing wage.
Before filing the H-1B petition, employers must obtain a certified LCA from the DOL. The LCA requires employers to attest to four conditions: (1) paying at least the prevailing wage or actual wage, whichever is higher; (2) providing working conditions that do not adversely affect similarly employed U.S. workers; (3) no strike or lockout at the worksite; and (4) proper notice of the filing to workers. The overall LCA approval rate for Financial Risk Specialists positions is 99%.
The annual H-1B cap is set at 65,000 regular visas plus 20,000 for beneficiaries with U.S. master's degrees or higher (the "master's cap"). Certain employers, including institutions of higher education, nonprofit research organizations, and government research organizations, are exempt from the cap. Financial Risk Specialists positions at cap-exempt employers can be filed at any time during the year, while cap-subject employers must participate in the annual H-1B lottery, typically held in March for the following fiscal year.
H-1B visas are initially granted for up to three years and can be extended for a maximum of six years total. Workers who have an approved I-140 immigrant petition (part of the green card process) may be eligible for extensions beyond the six-year limit under the American Competitiveness in the Twenty-First Century Act (AC21). The average contract duration for Financial Risk Specialists H-1B filings is approximately 32 months.
Cities with the most H-1B filings for Financial Risk Specialists positions.
| City | State | Filings |
|---|---|---|
| New York | New York | 35 |
| Dallas | Texas | 5 |
| Tampa | Florida | 4 |
| Houston | Texas | 4 |
| Salt Lake City | Utah | 4 |
| San Francisco | California | 3 |
| NEW YORK | New York | 2 |
| Orlando | Florida | 2 |
| Seattle | Washington | 2 |
| Coppell | Texas | 2 |
Other H-1B job categories related to Financial Risk Specialists, grouped by similar SOC classification codes.