Salary for Senior-level / Expert Security Analyst in Canada during 2024

Salary details

The average senior-level / expert Security Analyst salary lies between USD 99,940 and USD 130,000 in Canada. 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: Jan. 19, 2025

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

The three most common job tag items assiciated with senior-level / expert Security Analyst job listings are Compliance, Cloud and Monitoring. 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 | 719 jobs Cloud | 585 jobs Monitoring | 556 jobs CISSP | 534 jobs Incident response | 532 jobs Vulnerabilities | 448 jobs Computer Science | 448 jobs SIEM | 417 jobs NIST | 385 jobs Privacy | 362 jobs Risk management | 337 jobs Clearance | 334 jobs SOC | 314 jobs Audits | 312 jobs Firewalls | 295 jobs Risk assessment | 292 jobs Automation | 266 jobs Vulnerability management | 251 jobs Windows | 244 jobs Python | 238 jobs

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

The three most common job benefits and perks assiciated with senior-level / expert Security Analyst job listings are Career development, Health care and Team events. 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 | 782 jobs Health care | 633 jobs Team events | 455 jobs Flex hours | 382 jobs Insurance | 367 jobs Competitive pay | 364 jobs Medical leave | 259 jobs Equity / stock options | 245 jobs Parental leave | 229 jobs Flex vacation | 224 jobs 401(k) matching | 203 jobs Startup environment | 203 jobs Salary bonus | 190 jobs Wellness | 169 jobs Relocation support | 51 jobs Fitness / gym | 50 jobs Flexible spending account | 33 jobs Home office stipend | 26 jobs Transparency | 22 jobs Conferences | 17 jobs

Salary Composition

In Canada, the salary composition for a Senior-level/Expert Security Analyst can vary significantly based on region, industry, and company size. Typically, the salary is divided into a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing.

• Fixed Base Salary: This is the guaranteed portion of your salary and usually constitutes the majority of your total compensation. In major tech hubs like Toronto or Vancouver, the base salary might be higher due to the cost of living and demand for skilled professionals.

• Bonuses: Performance bonuses are common and can be tied to individual performance, team performance, or company-wide success. These bonuses can range from 10% to 20% of the base salary, depending on the company's financial health and industry standards.

• Additional Remuneration: This can include stock options, especially in tech startups or large tech firms, and profit-sharing plans. Some companies also offer benefits like health insurance, retirement plans, and professional development funds, which can add significant value to the overall compensation package.

Increasing Salary Further

To increase your salary beyond the current position, consider the following strategies:

• Specialize in High-Demand Areas: Focus on niche areas within cybersecurity, such as cloud security, AI security, or blockchain security, which are in high demand and can command higher salaries.

• Pursue Advanced Certifications: Obtaining advanced certifications like Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM) can enhance your credentials and justify a higher salary.

• Seek Leadership Roles: Transitioning into managerial or director-level positions can significantly increase your earning potential. This may involve developing leadership skills and gaining experience in managing teams or projects.

• Network and Stay Informed: Engage with professional networks and stay updated on industry trends. This can open up opportunities for higher-paying roles and provide insights into salary negotiations.

Educational Requirements

For a Senior-level/Expert Security Analyst position, employers typically require a bachelor's degree in computer science, information technology, or a related field. Some positions may prefer or require a master's degree, especially for roles involving complex security architectures or strategic planning. Continuous education through workshops, seminars, and online courses is also valued to keep up with the rapidly evolving cybersecurity landscape.

Helpful Certifications

Certifications play a crucial role in demonstrating expertise and commitment to the field. Some of the most beneficial certifications for this role include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified Ethical Hacker (CEH)
• Certified Information Systems Auditor (CISA)
• CompTIA Security+

These certifications are recognized globally and can significantly enhance your professional profile.

Required Experience

Typically, a Senior-level/Expert Security Analyst is expected to have at least 5-10 years of experience in the cybersecurity field. This experience should include hands-on technical work, such as penetration testing, incident response, and security architecture, as well as strategic roles involving risk assessment and policy development. Experience in specific industries, such as finance or healthcare, can also be advantageous due to the unique security challenges they present.

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