Salary for Mid-level / Intermediate GRC Analyst during 2024

Salary details

The average mid-level / intermediate GRC Analyst salary lies between USD 80,000 and USD 145,000 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 Mid-level / Intermediate GRC Analyst roles

The three most common job tag items assiciated with mid-level / intermediate 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 | 22 jobs Governance | 18 jobs Risk management | 16 jobs Audits | 13 jobs ISO 27001 | 13 jobs NIST | 13 jobs Risk assessment | 11 jobs CISA | 11 jobs CISSP | 10 jobs Cloud | 9 jobs SOC 2 | 8 jobs Monitoring | 8 jobs GDPR | 7 jobs Privacy | 7 jobs Computer Science | 7 jobs SOC | 7 jobs SOX | 7 jobs Strategy | 6 jobs CISM | 6 jobs CRISC | 5 jobs

Top 20 Job Perks/Benefits for Mid-level / Intermediate GRC Analyst roles

The three most common job benefits and perks assiciated with mid-level / intermediate GRC Analyst job listings are Health care, Equity / stock options and Career development. 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 | 10 jobs Equity / stock options | 7 jobs Career development | 7 jobs Team events | 6 jobs Flex hours | 5 jobs Flex vacation | 5 jobs Competitive pay | 5 jobs Medical leave | 4 jobs 401(k) matching | 3 jobs Wellness | 3 jobs Insurance | 3 jobs Parental leave | 2 jobs Startup environment | 2 jobs Conferences | 2 jobs Salary bonus | 2 jobs Fertility benefits | 2 jobs

Salary Composition for a Mid-level GRC Analyst

The salary for a Mid-level GRC (Governance, Risk, and Compliance) Analyst typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The composition can vary significantly based on region, industry, and company size. In regions with a high cost of living, such as major metropolitan areas in the United States, the base salary might be higher to compensate for living expenses. In contrast, companies in smaller markets might offer lower base salaries but compensate with more substantial bonuses or benefits.

Industries like finance, healthcare, and technology often offer higher salaries due to the critical nature of cybersecurity in these sectors. Larger companies may provide more comprehensive benefits packages, including health insurance, retirement plans, and stock options, while smaller companies might offer more flexible working conditions or performance bonuses to attract talent.

Steps to Increase Salary from a Mid-level Position

To increase your salary from a Mid-level GRC Analyst position, consider the following strategies:

• Skill Enhancement: Continuously update your skills and knowledge in cybersecurity trends, tools, and technologies. Specializing in a niche area of GRC can make you more valuable.
• Advanced Certifications: Obtain advanced certifications that are recognized in the industry, which can demonstrate your expertise and commitment.
• Networking: Build a strong professional network within the cybersecurity community. Networking can lead to new opportunities and insights into higher-paying roles.
• Leadership Roles: Seek opportunities to take on leadership roles or manage projects, which can position you for promotions to senior roles.
• Industry Transition: Consider transitioning to industries that offer higher compensation for GRC roles, such as finance or technology.

Educational Requirements

Most Mid-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 prefer candidates with a master's degree in Cybersecurity, Information Assurance, or Business Administration with a focus on IT management. A strong educational background provides a foundation in both technical and managerial aspects of cybersecurity.

Helpful Certifications

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

• Certified Information Systems Auditor (CISA)
• Certified Information Security Manager (CISM)
• Certified in Risk and Information Systems Control (CRISC)
• Certified Information Systems Security Professional (CISSP)
• ISO 27001 Lead Implementer or Lead Auditor

These certifications demonstrate your expertise in information security, risk management, and compliance, making you a more competitive candidate.

Required Experience

Typically, a Mid-level GRC Analyst position requires 3-5 years of experience in information security, risk management, or compliance roles. Experience in conducting risk assessments, developing security policies, and managing compliance programs is often essential. Familiarity with industry standards and regulations, such as GDPR, HIPAA, or PCI-DSS, is also highly valued.

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