Risk and Compliance Analyst

Career Guide

A Risk and Compliance Analyst helps an organization follow laws, regulations, and internal policies while reducing exposure to financial, operational, and reputational risk. The role blends research, process review, documentation, and collaboration with teams like Legal, Finance, Security, and Operations.

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Key Responsibilities

Monitor regulatory and policy requirements that affect the business
Review business processes to identify risk and control gaps
Support compliance testing and internal reviews
Gather evidence and maintain audit-ready documentation
Investigate potential issues and help coordinate remediation plans
Track compliance training completion and help improve training content
Build and update risk registers, control libraries, and policy documents
Prepare clear reports for leaders on risk status and compliance results
Support third-party risk reviews for vendors and partners
Help respond to internal and external audits with timely, accurate information

Top Skills for Success

Attention to Detail

Written Communication

Stakeholder Management

Problem Solving

Process Mapping

Risk Assessment

Control Testing

Policy Writing

Audit Support

Regulatory Research

Data Analysis

Spreadsheet Skills

Career Progression

Can Lead To

Senior Risk and Compliance Analyst

Compliance Manager

Risk Manager

Internal Audit Senior

Governance Risk and Compliance Specialist

Transition Opportunities

Operational Risk Analyst

Third-Party Risk Analyst

Information Security Risk Analyst

Privacy Analyst

Fraud Analyst

Business Continuity Analyst

Common Skill Gaps

Often Missing Skills

Control DesignRisk ReportingEvidence CollectionRegulatory InterpretationIssue ManagementRoot Cause AnalysisData Visualization

Development SuggestionsPractice writing clear risk statements and remediation plans. Learn how controls are designed and how tests are documented. Build simple dashboards to track issues and due dates. Review a common framework used in your industry and translate it into practical checklists and templates.

Market Intelligence Report

Risk and Compliance Analyst is part of the Compliance category.Explore our market intelligence report to see how AI and hiring demand are shifting for these roles.

See the market intelligence report

Salary & Demand

Median Salary Range

Entry LevelUSD 55,000 to 75,000

Mid LevelUSD 75,000 to 105,000

Senior LevelUSD 105,000 to 140,000

Growth Trend

Steady growth. Hiring remains strong in highly regulated industries and in organizations strengthening security, privacy, and operational controls.

Companies Hiring

Major Employers

JPMorgan ChaseBank of AmericaWells FargoCitigroupGoldman SachsMorgan StanleyAmerican ExpressVisaMastercardUnitedHealth GroupCVS HealthAnthemPfizerJohnson and JohnsonAmazonMicrosoftGoogleAppleWalmartTargetBoeingLockheed Martin

Industry Sectors

BankingInsuranceFintechHealthcarePharmaceuticalsTechnologyRetailManufacturingEnergyGovernment

Recommended Next Steps

Pick a target industry and learn its top regulations and common risks

Create a sample risk register with risks, controls, owners, and testing frequency

Build a simple compliance tracker in a spreadsheet and practice status reporting

Take a beginner course in audit fundamentals, risk management, or governance risk and compliance tools

Ask to shadow an audit response or support evidence collection for one review

Strengthen business writing by summarizing a policy or control in one page

Update your resume with measurable outcomes such as issues closed, tests completed, and audits supported