Salary for Senior-level / Expert Risk Analyst in United States during 2024

Salary details

The average senior-level / expert Risk Analyst salary lies between USD 126,000 and USD 191,155 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: Dec. 15, 2024

Top 20 Job Tags for Senior-level / Expert Risk Analyst roles

The three most common job tag items assiciated with senior-level / expert Risk Analyst job listings are Risk management, Risk assessment and Compliance. 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 | 88 jobs Risk assessment | 74 jobs Compliance | 73 jobs NIST | 62 jobs Governance | 59 jobs CISSP | 57 jobs Monitoring | 48 jobs CRISC | 47 jobs CISA | 45 jobs Cloud | 44 jobs CISM | 41 jobs Privacy | 40 jobs Audits | 35 jobs ISO 27001 | 35 jobs Strategy | 33 jobs Computer Science | 28 jobs Vulnerabilities | 27 jobs Automation | 23 jobs RMF | 23 jobs KPIs | 17 jobs

Top 20 Job Perks/Benefits for Senior-level / Expert Risk Analyst roles

The three most common job benefits and perks assiciated with senior-level / expert Risk Analyst 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 | 71 jobs Health care | 50 jobs Flex hours | 29 jobs Flex vacation | 29 jobs Equity / stock options | 26 jobs Competitive pay | 24 jobs Team events | 24 jobs 401(k) matching | 22 jobs Medical leave | 22 jobs Insurance | 22 jobs Salary bonus | 22 jobs Parental leave | 15 jobs Fitness / gym | 9 jobs Wellness | 8 jobs Startup environment | 6 jobs Transparency | 5 jobs Relocation support | 4 jobs Fertility benefits | 4 jobs Home office stipend | 2 jobs Conferences | 1 jobs

Salary Composition for a Senior-level/Expert Risk Analyst

The salary for a Senior-level/Expert Risk Analyst in the InfoSec/Cyber Security field typically comprises a base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The base salary often constitutes the majority of the total compensation package, usually ranging from 70% to 85%. Performance bonuses can vary significantly depending on the company and industry, often accounting for 10% to 20% of the total compensation. Additional remuneration, such as stock options or profit-sharing, is more common in larger companies or tech-focused industries and can make up 5% to 10% of the total package.

Regional differences also play a role; for instance, salaries in tech hubs like Silicon Valley or New York City tend to be higher due to the cost of living and demand for skilled professionals. In contrast, salaries in smaller cities or regions with a lower cost of living might be slightly lower. Industry-specific factors also influence salary composition, with financial services and technology companies often offering more competitive packages compared to other sectors.

Steps to Increase Salary from This Position

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

• Specialize in High-Demand Areas: Focus on niche areas within cybersecurity, such as cloud security, AI security, or blockchain technology, which are in high demand and can command higher salaries.
• Pursue Advanced Certifications: Obtaining advanced certifications can enhance your expertise and marketability, potentially leading to higher compensation.
• Seek Leadership Roles: Transitioning into management or leadership positions, such as a Chief Information Security Officer (CISO), can significantly increase your earning potential.
• Negotiate Effectively: Develop strong negotiation skills to advocate for higher pay during performance reviews or when considering new job offers.
• Expand Your Network: Engage with industry professionals and participate in conferences or workshops to increase your visibility and access to higher-paying opportunities.

Educational Requirements

Most Senior-level/Expert 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 prefer candidates with a master's degree in cybersecurity, information assurance, or business administration with a focus on information systems. A strong educational background provides a solid foundation in technical skills and risk management principles essential for this role.

Helpful Certifications

Certifications are highly valued in the InfoSec/Cyber Security field and can significantly enhance your qualifications. Some common and beneficial certifications for a Senior-level/Expert Risk Analyst include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified Risk and Information Systems Control (CRISC)
• Certified Information Systems Auditor (CISA)
• Certified in Risk Management Assurance (CRMA)

These certifications demonstrate your expertise and commitment to the field, making you a more attractive candidate for senior-level positions.

Required Experience

Typically, a Senior-level/Expert Risk Analyst 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 risk assessment, threat analysis, and security policy development. Experience in leading projects, managing teams, or working in specific industries such as finance or healthcare can also be advantageous.

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