Salary for Mid-level / Intermediate GRC Specialist during 2024

Salary details

The average mid-level / intermediate GRC Specialist salary lies between USD 58,800 and USD 123,000 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 Specialist roles

The three most common job tag items assiciated with mid-level / intermediate GRC Specialist job listings are Compliance, Risk management 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:

Compliance | 16 jobs Risk management | 13 jobs Risk assessment | 12 jobs ISO 27001 | 12 jobs NIST | 12 jobs Governance | 12 jobs Audits | 11 jobs CISM | 9 jobs CISA | 9 jobs CISSP | 8 jobs Computer Science | 8 jobs Monitoring | 7 jobs SOC | 7 jobs GDPR | 6 jobs SOC 2 | 6 jobs Privacy | 5 jobs Security assessment | 4 jobs Risk analysis | 4 jobs CRISC | 4 jobs Cloud | 4 jobs

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

The three most common job benefits and perks assiciated with mid-level / intermediate GRC Specialist job listings are Career development, Competitive pay 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 | 7 jobs Competitive pay | 4 jobs Health care | 3 jobs Insurance | 3 jobs Salary bonus | 3 jobs 401(k) matching | 2 jobs Equity / stock options | 2 jobs Startup environment | 2 jobs Flex hours | 1 jobs Team events | 1 jobs Relocation support | 1 jobs Snacks / Drinks | 1 jobs Yoga | 1 jobs Home office stipend | 1 jobs

Salary Composition for a Mid-level GRC Specialist

The salary for a Mid-level GRC (Governance, Risk, and Compliance) Specialist typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The composition can vary significantly depending on the region, industry, and company size. In regions with a high cost of living, such as major metropolitan areas, the base salary might be higher to compensate for living expenses. In contrast, companies in the tech industry or financial services often offer substantial bonuses and stock options as part of their compensation packages. Smaller companies or startups might offer lower base salaries but compensate with equity or other benefits to attract talent.

Steps to Increase Salary from This Position

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

• Skill Enhancement: Continuously update your skills and knowledge in emerging technologies and regulations. Specializing in niche areas like cloud security or data privacy 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 industry. Networking can lead to opportunities for higher-paying positions or roles with more responsibility.
• Leadership Roles: Seek opportunities to take on leadership roles or manage projects, which can position you for promotions and salary increases.
• Industry Transition: Consider transitioning to industries that pay higher salaries for GRC roles, such as finance or technology.

Educational Requirements

Most Mid-level GRC Specialist positions require at least a bachelor's degree in a related field such as Information Technology, Computer Science, or Cybersecurity. Some roles may prefer or require a master's degree, particularly in business administration (MBA) with a focus on information systems or a specialized master's in cybersecurity. A strong educational background provides a foundation in both technical and managerial aspects of information security.

Helpful Certifications

Certifications are crucial in the InfoSec/Cyber Security field, and several are particularly beneficial for a GRC Specialist:

• Certified Information Systems Auditor (CISA): Focuses on auditing, control, and assurance.
• Certified Information Security Manager (CISM): Emphasizes management and governance.
• Certified in Risk and Information Systems Control (CRISC): Concentrates on risk management.
• Certified Information Systems Security Professional (CISSP): Offers a broad understanding of security principles and practices.

These certifications not only validate your skills but also enhance your credibility and can lead to higher salary prospects.

Experience Requirements

Typically, a Mid-level GRC Specialist is expected to have 3-5 years of experience in information security, risk management, or compliance roles. Experience in developing and implementing security policies, conducting risk assessments, and managing compliance programs is often required. Familiarity with industry standards and regulations, such as ISO 27001, NIST, GDPR, or SOX, is also essential.

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