Salary for Entry-level / Junior GRC Analyst in United Kingdom during 2024

Salary details

The average entry-level / junior GRC Analyst salary lies between USD 53,750 and USD 81,250 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: Dec. 22, 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 | 67 jobs Governance | 61 jobs Risk management | 53 jobs Audits | 44 jobs Risk assessment | 42 jobs ISO 27001 | 41 jobs NIST | 40 jobs Privacy | 27 jobs Cloud | 26 jobs SOC | 25 jobs SOC 2 | 22 jobs GDPR | 21 jobs CISSP | 20 jobs CISA | 20 jobs CRISC | 19 jobs Monitoring | 19 jobs Strategy | 17 jobs SOX | 17 jobs CISM | 16 jobs Computer Science | 15 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 | 36 jobs Career development | 33 jobs Flex hours | 19 jobs Insurance | 18 jobs Competitive pay | 16 jobs Team events | 16 jobs Salary bonus | 16 jobs Startup environment | 14 jobs Medical leave | 13 jobs Equity / stock options | 11 jobs Flex vacation | 11 jobs 401(k) matching | 8 jobs Parental leave | 7 jobs Wellness | 7 jobs Gear | 4 jobs Fitness / gym | 4 jobs Conferences | 2 jobs Relocation support | 2 jobs Home office stipend | 2 jobs Fertility benefits | 2 jobs

Salary Composition for a Junior GRC Analyst in the UK

The salary for a Junior GRC (Governance, Risk, and Compliance) Analyst in the UK typically comprises a fixed base salary, which is the primary component. This base salary can vary significantly depending on the region, industry, and company size. For instance, positions in London or other major cities might offer higher base salaries due to the higher cost of living. 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 the following steps:

• Gain Experience: Accumulate hands-on experience in GRC-related tasks and projects. This will not only enhance your skills but also make you more valuable to your current or future employers.
• Pursue Advanced Certifications: Obtaining advanced certifications such as Certified Information Systems Auditor (CISA) or Certified in Risk and Information Systems Control (CRISC) can significantly boost your earning potential.
• Specialize: Consider specializing in a niche area within GRC, such as data privacy, cybersecurity compliance, or risk management, which can command higher salaries.
• Seek Higher Education: Pursuing a master's degree in cybersecurity, information systems, or a related field can open doors to higher-paying roles.
• Network and Engage: Attend industry conferences, join professional organizations, and engage with peers to learn about new opportunities and trends that could lead to higher-paying positions.

Educational Requirements for a Junior GRC Analyst

Most entry-level GRC Analyst positions require a bachelor's degree in a relevant field such as information technology, computer science, cybersecurity, or business administration. Some employers may also consider candidates with degrees in other disciplines if they have relevant experience or certifications. A strong understanding of IT systems, risk management principles, and compliance frameworks is essential.

Helpful Certifications for a Junior GRC Analyst

Certifications can play a crucial role in advancing your career in GRC. Some of the most beneficial certifications for a Junior GRC Analyst include:

• Certified Information Systems Auditor (CISA): Focuses on auditing, control, and assurance.
• Certified in Risk and Information Systems Control (CRISC): Concentrates on risk management and control.
• Certified Information Security Manager (CISM): Emphasizes information security management.
• ISO/IEC 27001 Lead Implementer or Auditor: Pertains to information security management systems.
• CompTIA Security+: Provides a broad understanding of security concepts and practices.

Experience Requirements for a Junior GRC Analyst

For an entry-level Junior GRC Analyst role, employers typically look for candidates with some relevant experience, which can be gained through internships, co-op programs, or entry-level positions in IT or cybersecurity. Experience with compliance frameworks such as GDPR, ISO 27001, or NIST, as well as familiarity with risk assessment and management processes, is often preferred.

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