Financial Risk Specialists in Boston-Cambridge-Newton, MA-NH
Employers filed 26 applications covering 26 positions for this role here, at a median of $125,112 a year. 18 of those state a minimum and no maximum — a Labor Condition Application commits an employer to a floor, not to a salary.
What the government requires here
The prevailing wage for Financial Risk Specialists in Boston-Cambridge-Newton, MA-NH, wage year 2025-26 — the four levels an employer must meet depending on the experience the role demands.
| Level | Who it is for | A year |
|---|---|---|
| Level I | Entry: a role needing basic understanding and close supervision | $77,210 |
| Level II | Qualified: some experience, moderate supervision | $101,150 |
| Level III | Experienced: sound understanding, limited supervision | $125,112 |
| Level IV | Fully competent: judgement, may supervise others | $149,053 |
Who filed, and at what
| Employer | Level | Filings | Positions | Median |
|---|---|---|---|---|
| Ernst & Young U.S. LLP | Level II | 5 | 5 | $106,001 |
| Ernst & Young U.S. LLP | Level III | 3 | 3 | $159,798 |
| Santander Holdings USA, Inc. | Level IV | 2 | 2 | $150,000 |
| State Street Bank and Trust Company | Level III | 2 | 2 | $125,112 |
| AlphaSimplex Group LLC | Level III | 1 | 1 | $148,300 |
| Avangrid Power LLC | Level II | 1 | 1 | $132,250 |
| Banco Santander S.A. New York Branch | Level II | 1 | 1 | $101,150 |
| DWS INVESTMENT MANAGEMENT AMERICAS, INC. | Level I | 1 | 1 | $120,000 |
| DWS INVESTMENT MANAGEMENT AMERICAS, INC. | Level II | 1 | 1 | $120,000 |
| Microsoft Corporation | Level II | 1 | 1 | $134,000 |
| Microsoft Corporation | Level III | 1 | 1 | $134,000 |
| Morgan Stanley Investment Management Inc. | Level I | 1 | 1 | $113,000 |
| Mudflap Inc. | Level IV | 1 | 1 | $180,000 |
| SimCorp USA, Inc. | Level II | 1 | 1 | $185,000 |
| State Street Bank and Trust Company | Level II | 1 | 1 | $112,200 |
| Wellington Management Company LLP | Level II | 1 | 1 | $124,000 |
| Massachusetts Mutual Life Insurance Company | not stated | 1 | 1 | $102,500 |
| State Street Bank and Trust Company | not stated | 1 | 1 | $105,866 |
Tell me when this moves
One email when the prevailing wage for Financial Risk Specialists in Boston-Cambridge-Newton, MA-NH changes — the library turns over every July, and what an employer must offer changes with it.
Source: OFLC disclosure data and prevailing wage library, US Department of Labor (public domain). Figures are what employers filed, not what they paid.