Compliance Analyst Salary in United Kingdom during 2023

Salary details

The average Compliance Analyst salary lies between USD 129,000 and USD 180,000 in the United Kingdom. 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.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Oct. 28, 2024

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 the InfoSec/Cyber Security field in the UK typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The fixed salary is often the largest component, accounting for approximately 70-80% of the total compensation package. Bonuses can vary significantly depending on the company’s performance and individual achievements, usually ranging from 10-20% of the base salary. Additional remuneration might include stock options, especially in larger tech companies, or benefits like health insurance, pension contributions, and professional development allowances. The composition can vary based on the region, with London-based roles often offering higher salaries due to the cost of living. Industry also plays a role; financial services and tech companies tend to offer more competitive packages compared to smaller firms or public sector roles.

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 Cyber Security or a related field. Gaining experience in high-demand areas like cloud security, data privacy, or risk management can also make you more valuable. Networking within the industry and seeking mentorship can provide insights into higher-paying opportunities. Additionally, taking on leadership roles or projects that demonstrate your ability to manage teams or complex initiatives can position you for promotions to senior analyst or managerial roles, which typically come with higher salaries.

Educational Requirements for a Compliance Analyst Role

Most Compliance Analyst positions require at least a bachelor's degree in a relevant field such as Computer Science, Information Technology, Cyber Security, or Business Administration. Some employers may prefer candidates with a master's degree, especially for more senior roles. Courses in law, ethics, and risk management can also be beneficial, given the compliance-focused nature of the role. Continuous education through workshops and seminars is often encouraged to keep up with the rapidly evolving cyber security landscape.

Helpful Certifications for a Compliance Analyst

Certifications can significantly enhance your qualifications for a Compliance Analyst role. Common and highly regarded certifications include Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), Certified in Risk and Information Systems Control (CRISC), and Certified Information Privacy Professional (CIPP). These certifications demonstrate a strong understanding of compliance, risk management, and information security principles, making you a more competitive candidate.

Experience Required for a Compliance Analyst Position

Typically, employers look for candidates with at least 2-5 years of experience in a related field, such as IT, audit, or risk management. Experience in roles that involve policy development, regulatory compliance, or security assessments is particularly valuable. Familiarity with industry-specific regulations, such as GDPR for data protection, is often required. Practical experience with compliance tools and frameworks, such as ISO 27001 or NIST, is also advantageous.

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