Compliance Analyst Salary in 2023

Salary details

The average Compliance Analyst salary lies between USD 87,000 and USD 155,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 10, 2024

Salary trend

Top 20 Job Tags for Compliance Analyst roles

The three most common job tag items assiciated with Compliance Analyst job listings are Compliance, Audits and Risk management. Below you find a list of the 20 most occuring job tags in 2023 and the number of open jobs that where associated with them during that period:

Compliance | 204 jobs Audits | 137 jobs Risk management | 106 jobs Cloud | 97 jobs ISO 27001 | 88 jobs NIST | 86 jobs Monitoring | 86 jobs Privacy | 84 jobs CISA | 82 jobs CISSP | 78 jobs Governance | 77 jobs SOC 2 | 75 jobs SOC | 75 jobs Risk assessment | 74 jobs GDPR | 60 jobs SaaS | 53 jobs Computer Science | 41 jobs CISM | 40 jobs Automation | 38 jobs SOX | 37 jobs

Top 20 Job Perks/Benefits for Compliance Analyst roles

The three most common job benefits and perks assiciated with Compliance Analyst job listings are Career development, Health care and Startup environment. Below you find a list of the 20 most occuring job perks or benefits in 2023 and the number of open jobs that where offering them during that period:

Career development | 123 jobs Health care | 89 jobs Startup environment | 69 jobs Equity / stock options | 67 jobs Flex hours | 65 jobs Team events | 63 jobs Flex vacation | 60 jobs Competitive pay | 54 jobs Medical leave | 53 jobs Parental leave | 52 jobs Salary bonus | 49 jobs Insurance | 39 jobs Wellness | 34 jobs 401(k) matching | 25 jobs Home office stipend | 20 jobs Transparency | 9 jobs Unlimited paid time off | 9 jobs Relocation support | 7 jobs Snacks / Drinks | 6 jobs Fitness / gym | 5 jobs

Salary Composition for a Compliance Analyst in InfoSec/Cyber Security

The salary for a Compliance Analyst in InfoSec/Cyber Security typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or benefits. The fixed base salary is the most significant component, often accounting for 70-80% of the total compensation package. Performance bonuses can vary widely, ranging from 10-20% of the base salary, depending on the company's performance and individual achievements. Additional remuneration might include stock options, especially in tech companies, and benefits like health insurance, retirement plans, and professional development allowances.

Regional differences can significantly impact salary composition. For instance, positions in major tech hubs like Silicon Valley or New York City might offer higher base salaries and stock options due to the higher cost of living and competitive job market. Industry also plays a role; financial services and healthcare sectors often offer higher compensation due to the critical nature of compliance in these fields. Company size can influence salary as well, with larger organizations typically offering more comprehensive benefits and bonuses.

Steps to Increase Salary from a Compliance Analyst Position

To increase your salary from a Compliance Analyst position, consider pursuing advanced certifications and further education, such as a master's degree in cybersecurity or a related field. Gaining experience in specialized areas like data privacy, risk management, or cloud security can make you more valuable to employers. Networking within the industry and seeking mentorship can also open doors to higher-paying opportunities. Additionally, demonstrating leadership skills and taking on more responsibilities can position you for promotions to senior roles, such as Compliance Manager or Director of Compliance, which come with higher salaries.

Educational Requirements for a Compliance Analyst

Most Compliance Analyst positions require at least a bachelor's degree in a related field such as Information Technology, Computer Science, or Cybersecurity. Some employers may accept degrees in Business Administration or Law, provided the candidate has relevant experience or certifications in cybersecurity. A strong understanding of regulatory frameworks and compliance standards is essential, so coursework or experience in these areas is highly beneficial.

Helpful Certifications for a Compliance Analyst

Certifications can significantly enhance your qualifications for a Compliance Analyst role. Some of the most recognized certifications include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Systems Auditor (CISA)
• Certified in Risk and Information Systems Control (CRISC)
• Certified Information Privacy Professional (CIPP)
• Certified Compliance and Ethics Professional (CCEP)

These certifications demonstrate a commitment to the field and provide specialized knowledge that can be crucial for compliance roles.

Experience Required for a Compliance Analyst Role

Typically, employers look for candidates with 2-5 years of experience in cybersecurity, IT, or a related field. Experience in compliance, auditing, or risk management is particularly valuable. Familiarity with industry-specific regulations, such as GDPR, HIPAA, or SOX, can also be a significant advantage. Practical experience with compliance tools and software, as well as a track record of successfully implementing compliance programs, is often required.

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