Salary for Entry-level / Junior GRC Analyst during 2024

Salary details

The average entry-level / junior GRC Analyst salary lies between USD 62,500 and USD 108,000 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. 17, 2024

Top 20 Job Tags for Entry-level / Junior GRC Analyst roles

The three most common job tag items assiciated with entry-level / junior GRC Analyst job listings are Compliance, Governance and Risk management. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Compliance | 59 jobs Governance | 55 jobs Risk management | 46 jobs Audits | 39 jobs Risk assessment | 35 jobs ISO 27001 | 35 jobs NIST | 35 jobs Privacy | 23 jobs SOC | 23 jobs Cloud | 22 jobs SOC 2 | 21 jobs GDPR | 18 jobs CISA | 18 jobs Strategy | 17 jobs CISSP | 17 jobs CRISC | 17 jobs Monitoring | 17 jobs Computer Science | 14 jobs SOX | 14 jobs CISM | 13 jobs

Top 20 Job Perks/Benefits for Entry-level / Junior GRC Analyst roles

The three most common job benefits and perks assiciated with entry-level / junior GRC Analyst job listings are Health care, Career development and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Health care | 33 jobs Career development | 31 jobs Flex hours | 19 jobs Insurance | 17 jobs Competitive pay | 16 jobs Team events | 15 jobs Salary bonus | 15 jobs Startup environment | 14 jobs Medical leave | 12 jobs Flex vacation | 11 jobs Equity / stock options | 10 jobs 401(k) matching | 8 jobs Parental leave | 7 jobs Wellness | 7 jobs Fitness / gym | 4 jobs Gear | 3 jobs Conferences | 2 jobs Home office stipend | 2 jobs Fertility benefits | 2 jobs Flat hierarchy | 1 jobs

Salary Composition for a Junior GRC Analyst

The salary for a Junior GRC (Governance, Risk, and Compliance) Analyst typically comprises a fixed base salary, which forms the bulk of the compensation package. This base salary can vary significantly depending on the region, industry, and company size. For instance, tech hubs like San Francisco or New York may offer higher base salaries compared to smaller cities. In addition to the base salary, some companies offer performance-based bonuses, which can range from 5% to 15% of the annual salary. Larger companies or those in highly regulated industries, such as finance or healthcare, might also provide additional remuneration in the form of stock options, profit-sharing, or other incentives.

Steps to Increase Salary from a Junior GRC Analyst Position

To increase your salary from a Junior GRC Analyst position, consider pursuing further education and certifications that enhance your expertise and marketability. Gaining experience in specialized areas of cybersecurity, such as cloud security or data privacy, can also make you more valuable. Networking within the industry and seeking mentorship can provide insights into career advancement opportunities. Additionally, demonstrating leadership skills and taking on more responsibilities within your current role can position you for promotions or salary negotiations.

Educational Requirements for a Junior GRC Analyst

Most entry-level GRC Analyst positions require at least a bachelor's degree in a related field such as Information Technology, Computer Science, or Cybersecurity. Some employers may also consider candidates with degrees in Business Administration or Finance, provided they have relevant experience or certifications in cybersecurity. A strong understanding of IT systems and risk management principles is essential, and coursework in these areas can be beneficial.

Helpful Certifications for a Junior GRC Analyst

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

• Certified Information Systems Auditor (CISA): Focuses on auditing, control, and assurance.
• Certified in Risk and Information Systems Control (CRISC): Emphasizes risk management.
• Certified Information Systems Security Professional (CISSP): Although more advanced, it is highly regarded in the industry.
• CompTIA Security+: A good entry-level certification that covers foundational security concepts.

These certifications demonstrate a commitment to the field and a level of expertise that can set you apart from other candidates.

Experience Requirements for a Junior GRC Analyst

Typically, entry-level GRC Analyst positions require 0-2 years of experience in IT or cybersecurity roles. Internships, co-op programs, or part-time positions in related fields can be valuable in meeting this requirement. Experience with risk assessment, compliance frameworks, and security policies is often preferred. Employers may also look for candidates who have experience with specific tools or software used in GRC processes.

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