Salary for Executive-level / Director GRC Director during 2024

Salary details

The average executive-level / director GRC Director salary lies between USD 130,000 and USD 390,000 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: Dec. 22, 2024

Top 20 Job Tags for Executive-level / Director GRC Director roles

The three most common job tag items assiciated with executive-level / director GRC Director job listings are Risk management, Compliance and Governance. 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 | 9 jobs Compliance | 9 jobs Governance | 9 jobs ISO 27001 | 8 jobs CISO | 8 jobs Audits | 6 jobs Risk assessment | 6 jobs SOC 2 | 6 jobs Privacy | 6 jobs SOC | 6 jobs GDPR | 5 jobs FedRAMP | 5 jobs NIST | 5 jobs HIPAA | 5 jobs PCI DSS | 5 jobs CCPA | 5 jobs Kanban | 5 jobs CMMC | 5 jobs Cloud | 5 jobs Computer Science | 5 jobs

Top 20 Job Perks/Benefits for Executive-level / Director GRC Director roles

The three most common job benefits and perks assiciated with executive-level / director GRC Director job listings are Career development, 401(k) matching and Equity / stock options. 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 | 9 jobs 401(k) matching | 5 jobs Equity / stock options | 5 jobs Flex vacation | 5 jobs Health care | 5 jobs Transparency | 5 jobs Insurance | 5 jobs Flexible spending account | 5 jobs

Salary Composition for Executive-Level GRC Director Roles

The salary for an Executive-level GRC (Governance, Risk, and Compliance) Director typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or other incentives. The composition can vary significantly depending on the region, industry, and company size.

• Region: In regions like North America and Western Europe, the base salary tends to be higher, but bonuses and stock options can also form a significant part of the total compensation package. In contrast, regions with lower cost of living might offer a smaller base salary but compensate with higher bonuses or benefits.

• Industry: Industries such as finance, technology, and healthcare often offer higher compensation due to the critical nature of cybersecurity in these sectors. These industries may also provide more substantial bonuses and stock options.

• Company Size: Larger companies or those with a global presence might offer more comprehensive compensation packages, including higher base salaries, larger bonuses, and long-term incentives like stock options. Smaller companies might offer competitive base salaries but may rely more on bonuses and equity to attract top talent.

Steps to Increase Salary from a GRC Director Position

To increase your salary further from a GRC Director position, consider the following strategies:

• Expand Your Role: Take on additional responsibilities or oversee larger teams to demonstrate your capability to handle more complex challenges.

• Pursue Advanced Certifications: Obtaining advanced certifications in cybersecurity or business management can enhance your qualifications and make you more valuable to your organization.

• Network and Build Relationships: Engage with industry peers and leaders to increase your visibility and open up opportunities for higher-paying roles.

• Seek Opportunities in High-Paying Industries: Transitioning to industries known for higher compensation, such as finance or technology, can lead to salary increases.

• Negotiate Effectively: When discussing compensation, be prepared with data on industry standards and your contributions to the company to negotiate a better package.

Educational Requirements for a GRC Director

Most GRC Director roles require at least a bachelor's degree in a relevant field such as computer science, information technology, or business administration. However, a master's degree, particularly an MBA or a master's in information security, is often preferred and can provide a competitive edge.

Helpful Certifications for a GRC Director

Certifications can significantly enhance your qualifications for a GRC Director role. Some of the most beneficial certifications include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified in Risk and Information Systems Control (CRISC)
• Certified Information Systems Auditor (CISA)
• Certified in the Governance of Enterprise IT (CGEIT)

These certifications demonstrate expertise in information security, risk management, and governance, which are crucial for a GRC Director.

Experience Required for a GRC Director Role

Typically, a GRC Director is expected to have at least 10-15 years of experience in information security, risk management, or compliance. This experience should include leadership roles where you have managed teams and projects. Experience in developing and implementing security policies and procedures, as well as a deep understanding of regulatory requirements, is also essential.

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