Financial Analyst - Federal Salaries of 2020
Pay Rates for "Financial Analyst"How much does a Financial Analyst in the federal government get paid? $141,313.62* *Based on the 2020 average.
Financial Analyst was the 151st most popular job in the U.S. Government in 2020, with 1,255 employed. The most common payscale was the general schedule payscale.
In 2020, the Federal Deposit Insurance Corporation hired the most employees titled Financial Analysis, with an average salary of $161,909.
Government Financial Analysis jobs are classified under the General Schedule (GS) payscale. The minimum paygrade for a Financial Analysis job is GS-4, and the highest paygrade that can be attained within this job series is GS-15. Remember that the starting and maximum yearly pay listed above reflect base pay only - your actual salary will be higher based on the Locality Pay Adjustment for the area in which you work.
This occupation includes all positions the duties of which are to direct or perform analytical and evaluative work requiring a comprehensive knowledge of (1) the theory and principles of finance applicable to the full range of financial operations and transactions involved in the general activities of the various types of business corporate organizations; (2) the financial and management organization, operations, and practices of such corporate organizations; (3) pertinent statutory or regulatory provisions; and (4) related basic economic, accounting, and legal principles.
Administrative and Management positions have a wide range of responsibilities. Management does not refer specifically to supervisors who directly manage organizations or teams. Rather jobs in this category deal with managing systems or processes such as finances, security systems, training programs, or marketing. For employees in this job category, promotions are typically given 2 grade increments at a time until GS-12 is reached.
Agencies that have hired a Financial Analyst
Financial Analyst Pay Distribution
The average pay for a Financial Analyst is $141,313.62. The highest paid Financial Analyst made $273,400 in 2020.
Common Financial Analyst Payscales
|Payscale||Number of Financial Analysis Employees|
|GS - General Schedule||711|
|CG - Corporate Graded||305|
|EL - Non-executive Positions At The Federal Housing Finance Agency||72|
|SK - Non-supervisorty Postions Employed By The Securities And Exchange Commission (sec) And Formerly Under Gs Pay||56|
|NB - Office Of The Comptroller Of The Currency Only||21|
|CM - Fdic Supervisory And Managerial Positions Below The Executive Level Only||17|
|GG - Grades Similar To General Schedule||12|
|CN - Bureau Of Consumer Financial Protect(cfpb) Independent Agcy Within The Fed Res Syst(use By Cfpb Only)||11|
|AD - Administratively Determined Rates, Not Elsewhere Specified||10|
|CU - Credit Union Employees||10|
|OR - Employees Of The Office Of Financial Research (ofr) Within The Department Of The Treasury||7|
|VH - Professional, Administrative, And Managerial||6|
|LL - Executives At The Federal Housing Finance Agency||6|
|CX - Senior Expert Positions In The Federal Deposit Insurance Corporation||5|
|EM - Fdic Executive-level Positions Only||1|
|SL - Senior Level Positions||1|
|ED - Expert (5 U.s.c. 3109)||1|
|SO - Executive Positions Employed By The Securities And Exchange Commission (sec) And Formerly Under The Es Pay Pla||1|
|IR - Internal Revenue Service Broadband Classification And Pay System Positions Only||1|
|ZA - Administrative||1|
|Starting Paygrade:||$27,184.00 / year base pay at paygrade GS-4, Step 1|
|Maximum Paygrade:||$143,598.00 / year base pay at paygrade GS-15, Step 10|
|Category:||Administrative and Management|
|Occupation Family:||1100 BUSINESS AND INDUSTRY GROUP|
Other Jobs at the GS-4 Paygrade
GS-4 is the starting paygrade for Financial Analysis jobs. Here are some other Federal Government jobs that can be held by employees at the GS-4 paygrade.
|Occupation||Occupation Category||Starting Paygrade||Maximum Paygrade|
|Cartographic Technician||Technical and Medical Support||GS-1||GS-9|
|Internal Revenue Officer||Administrative and Management||GS-4||GS-15|
|Insurance Examining||Administrative and Management||GS-4||GS-15|
|Social Insurance Administration||Administrative and Management||GS-4||GS-15|
|Environmental Protection Specialist||Administrative and Management||GS-4||GS-15|
Average Financial Analysis Pay Trend from 2004 to 2020
In 2004, the average pay for a Financial Analyst was $82,864. Since then, the average pay has increased to $141,314 in 2020.
The information provided on these pages is sourced from the Office of Personnel Management (OPM) Enterprise Human Resources Integration (EHRI) dataset. Postal Service data is managed exclusively by the USPS . All information is displayed unmodified and as provided by the source agency.
Federal employee salaries are public information under open government laws (5 U.S.C. § 552). FederalPay provides this data in the interest of government transparency — employee data may not be used for commercial soliciting or vending of any kind. Learn more about the FederalPay Employees Dataset here.
The series code of this occupation is