Salary for Entry-level / Junior Risk Analyst in United States during 2024

Salary details

The average entry-level / junior Risk Analyst salary lies between USD 67,700 and USD 100,000 in the United States. 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: Nov. 17, 2024

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

The three most common job tag items assiciated with entry-level / junior Risk Analyst job listings are Risk management, Compliance and Risk assessment. 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:

Risk management | 87 jobs Compliance | 75 jobs Risk assessment | 74 jobs NIST | 65 jobs CISSP | 55 jobs Cloud | 50 jobs ISO 27001 | 47 jobs Monitoring | 45 jobs Governance | 44 jobs Privacy | 40 jobs Audits | 39 jobs CISA | 39 jobs CRISC | 35 jobs CISM | 33 jobs Vulnerabilities | 28 jobs Strategy | 25 jobs Risk analysis | 20 jobs Computer Science | 20 jobs NIST 800-53 | 19 jobs AWS | 18 jobs

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

The three most common job benefits and perks assiciated with entry-level / junior Risk Analyst job listings are Career development, Flex hours and Health care. 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:

Career development | 74 jobs Flex hours | 46 jobs Health care | 36 jobs Competitive pay | 28 jobs Team events | 28 jobs Parental leave | 26 jobs Equity / stock options | 23 jobs Salary bonus | 21 jobs Wellness | 15 jobs Insurance | 15 jobs Flex vacation | 14 jobs Medical leave | 14 jobs 401(k) matching | 11 jobs Startup environment | 11 jobs Gear | 5 jobs Conferences | 4 jobs Relocation support | 4 jobs Travel | 1 jobs Fitness / gym | 1 jobs Home office stipend | 1 jobs

Salary Composition for Entry-Level/Junior Risk Analyst

The salary for an entry-level or junior risk analyst in the InfoSec/Cyber Security field typically consists of a base salary, which is the fixed amount, and may include bonuses and additional remuneration. The composition can vary significantly based on region, industry, and company size. In larger metropolitan areas or tech hubs like San Francisco or New York, the base salary might be higher due to the cost of living and demand for skilled professionals. Bonuses are often performance-based and can be influenced by the company's financial health and individual performance metrics. Additional remuneration might include stock options, especially in tech startups, or benefits such as health insurance, retirement contributions, and professional development allowances.

Steps to Increase Salary

To increase your salary from an entry-level position, consider the following strategies:

• Skill Enhancement: Continuously update your skills with the latest cybersecurity tools and technologies. Specializing in a niche area like cloud security or threat intelligence can make you more valuable.
• Certifications: Obtain advanced certifications that are recognized in the industry, such as Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM).
• Networking: Engage with professional networks and attend industry conferences to learn about new opportunities and trends.
• Advanced Education: Pursue further education, such as a master's degree in cybersecurity or a related field, which can open doors to higher-level positions.
• Experience: Gain experience in different aspects of cybersecurity to broaden your expertise and make you a more attractive candidate for higher-paying roles.

Educational Requirements

Most entry-level/junior risk analyst positions require at least a bachelor's degree in a related field such as computer science, information technology, or cybersecurity. Some employers may accept degrees in business or finance if the candidate has relevant cybersecurity coursework or experience. A strong foundation in IT fundamentals, risk management, and data analysis is essential.

Helpful Certifications

Certifications can significantly enhance your qualifications for a risk analyst role. Some common and beneficial certifications include:

• CompTIA Security+: A good starting point for entry-level cybersecurity roles.
• Certified Information Systems Auditor (CISA): Useful for understanding audit processes and risk management.
• Certified in Risk and Information Systems Control (CRISC): Focuses on enterprise IT risk management.
• Certified Ethical Hacker (CEH): Provides knowledge on how to think like a hacker to better protect systems.

Experience Requirements

For an entry-level position, employers typically look for candidates with some practical experience, which can be gained through internships, co-op programs, or relevant project work during your studies. Experience with cybersecurity tools, understanding of risk assessment methodologies, and familiarity with regulatory compliance standards are often expected.

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