The average salary for a Financial Specialist is $48,910.
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$34k - $81k
$201 - $10k
$7 - $5k
$5k - $12k
$30k - $76k
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Job Description for Financial Specialist
A financial specialist is primarily responsible for selling services and products at a financial institution and meeting with customers to understand their needs. Generally, this person should have have a high school diploma or equivalent, though many companies also require a Bachelor’s degree in a field such as Finance or Marketing and/or training or courses in economics, finance, marketing, or mathematics. Depending on the field, special licenses and training may be required, such as in insur…Read more
Financial Specialist Tasks
- Monitor and analyze finance numbers, providing guidance, forecasts, and issue identification.
- Calculate and advise clients or team members on particular financial questions.
- Provide insight on financial trends, suggest optimization strategies, and offer insight into potential business models.
- Submit summaries and reports documenting analyses, technical, and factual research.
Popular Employer Salaries for Financial Specialist
The top respondents for the job title Financial Specialist are from the companies The PNC Financial Services Group, Inc., Northwest Farm Credit Services, Inc and Regions Bank. Reported salaries are highest at U.S. Department of Defense where the average pay is $82,000. Other companies that offer high salaries for this role include The PNC Financial Services Group, Inc., earning around $48,636. Regions Bank pays the lowest at around $31,503. Northwest Farm Credit Services, Inc also pays on the lower end of the scale, paying $40,000.
Financial Specialist Job Listings
Popular Skills for Financial Specialist
Skills in Financial Analysis and Financial Reporting are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Customer Service and Accounting.
Pay by Experience Level for Financial Specialist
An entry-level Financial Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $43,030 based on 125 salaries. An early career Financial Specialist with 1-4 years of experience earns an average total compensation of $45,704 based on 345 salaries. A mid-career Financial Specialist with 5-9 years of experience earns an average total compensation of $51,630 based on 168 salaries. An experienced Financial Specialist with 10-19 years of experience earns an average total compensation of $55,750 based on 131 salaries. In their late career (20 years and higher), employees earn an average total compensation of $52,981.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Financial Specialist in their job title in New York, New York earn an average of 53.3% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (41.9% more) and Chicago, Illinois (0.3% more). The lowest salaries can be found in Charlotte, North Carolina (19.0% less), Tampa, Florida (14.7% less) and Atlanta, Georgia (12.1% less).
Years of Experience
This data is based on 832 survey responses.