Salary for Senior-level / Expert Compliance Specialist during 2024

Salary details

The average senior-level / expert Compliance Specialist salary lies between USD 95,000 and USD 170,000 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

Salary trend

Top 20 Job Tags for Senior-level / Expert Compliance Specialist roles

The three most common job tag items assiciated with senior-level / expert Compliance Specialist job listings are Compliance, Audits 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 | 91 jobs Audits | 51 jobs Risk assessment | 38 jobs ISO 27001 | 36 jobs Risk management | 36 jobs Privacy | 35 jobs Cloud | 33 jobs NIST | 31 jobs Monitoring | 31 jobs CISSP | 30 jobs CISA | 29 jobs Governance | 27 jobs CISM | 26 jobs Computer Science | 26 jobs SOC 2 | 22 jobs CRISC | 18 jobs GDPR | 17 jobs SOC | 17 jobs Automation | 15 jobs Analytics | 14 jobs

Top 20 Job Perks/Benefits for Senior-level / Expert Compliance Specialist roles

The three most common job benefits and perks assiciated with senior-level / expert Compliance Specialist job listings are Career development, Health care 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:

Career development | 57 jobs Health care | 43 jobs Flex hours | 37 jobs Equity / stock options | 28 jobs Parental leave | 28 jobs Team events | 27 jobs Competitive pay | 24 jobs Medical leave | 22 jobs Flex vacation | 21 jobs Insurance | 20 jobs Salary bonus | 19 jobs 401(k) matching | 14 jobs Startup environment | 14 jobs Wellness | 13 jobs Fitness / gym | 5 jobs Transparency | 5 jobs Conferences | 5 jobs Relocation support | 4 jobs Flexible spending account | 3 jobs Gear | 2 jobs

Salary Composition

The salary composition for a Senior-level/Expert Compliance Specialist in InfoSec/Cyber Security typically includes a combination of a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or profit-sharing. The fixed base salary often constitutes the majority of the total compensation package, ranging from 70% to 85%. Bonuses can vary significantly depending on the company's performance and individual achievements, usually accounting for 10% to 20% of the total salary. Additional remuneration, such as stock options or profit-sharing, may make up the remaining 5% to 10%.

Regional differences can impact salary composition, with tech hubs like Silicon Valley or New York City offering higher base salaries and more lucrative stock options. Industry variations also exist; for instance, financial services and healthcare sectors may offer higher bonuses due to the critical nature of compliance in these fields. Larger companies often provide more comprehensive compensation packages, including better benefits and more significant bonus opportunities, compared to smaller firms.

Increasing Salary Further

To increase your salary further from a Senior-level/Expert Compliance Specialist position, consider the following strategies:

• Pursue Advanced Certifications: Obtaining advanced certifications can enhance your expertise and make you more valuable to employers.
• Expand Your Skill Set: Develop skills in emerging areas such as cloud security, AI, or blockchain, which are increasingly relevant in InfoSec.
• Seek Leadership Roles: Transitioning into management or director-level positions can significantly boost your earning potential.
• Network and Build Industry Connections: Engaging with industry professionals can open up opportunities for higher-paying roles.
• Negotiate Effectively: When offered a new position or during performance reviews, negotiate for higher pay based on your contributions and market research.

Educational Requirements

Most Senior-level/Expert Compliance Specialist roles require at least a bachelor's degree in a related field such as Computer Science, Information Technology, or Cyber Security. Some positions may prefer or require a master's degree, particularly in fields like Information Security, Business Administration, or Law, which can provide a deeper understanding of compliance and regulatory frameworks.

Helpful Certifications

Certifications are crucial in demonstrating expertise and commitment to the field. Some common and highly regarded certifications for this role include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified Information Systems Auditor (CISA)
• Certified in Risk and Information Systems Control (CRISC)
• Certified Data Privacy Solutions Engineer (CDPSE)

These certifications not only validate your skills but also keep you updated with the latest industry standards and practices.

Required Experience

Typically, a Senior-level/Expert Compliance Specialist position requires a minimum of 5 to 10 years of experience in information security or a related field. This experience should include a strong background in compliance, risk management, and regulatory frameworks. Experience in leading projects, managing teams, and developing compliance strategies is often essential. Familiarity with industry-specific regulations, such as GDPR, HIPAA, or PCI-DSS, is also highly valued.

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