Find schools that offer these popular programs
- Actuarial Sciences
- Business and Commerce, General
- Business Statistics
- Customer Service Management
- Logistics, Distribution, and Materials Management
- Management Science
- Office Management
- Operations Management
- Public and Nonprofit Organizational Management
- Purchases, Acquisitions, and Contracts Management
- Transportation Management
Career Definition of Corporate Governance Analysts
Corporate governance analysts specialize in ensuring organizations operate according to applicable regulations and properly manage risk. These analysts focus on areas like gap identification, compliance testing, policy development, and process analyses. Corporate governance analysts may work in a variety of industries, including consulting firms that provide information solutions, engineering, and analytical services. These analysts usually work full-time in an office setting.
Specific job responsibilities for corporate governance analysts may vary depending on their industry. General job duties may include creating and implementing work processes that follow organizational standards, performing risk audits, and ensuring new organizational policies align with applicable regulations. Corporate governance analysts may oversee the collection and evaluation of customer reporting. These analysts may collaborate with project managers on the creation of project goals and timelines.
Corporate governance analysts may also collaborate with technical personnel and work process owners to utilize data collection strategies to enhance business operations. These analysts can also oversee viability studies to determine the effectiveness, including cost, of possible solutions to organizational weaknesses. Corporate governance analysts may utilize methods like data warehousing when performing their job duties.
|Educational Requirements||Bachelor's degree|
|Job Skills||Excellent critical thinking abilities, strong communication skills, and effective project management abilities|
|Median Salary (2017)*||$59,611 (Governance Analyst)|
|Job Outlook (2016-2026)**||8% (Compliance Officers)|
Sources: *PayScale, **U.S. Bureau of Labor Statistics
Individuals will need a bachelor's degree in human resources modeling, resource allocation, or a related field to work as a corporate governance analyst. Some employers may prefer candidates with a master's degree. A strong background in business management best practices and strategic planning will be beneficial. Interested individuals can seek membership in an industry organization such as the International Institute of Business Analysts. The organization offers members professional development resources, as well as networking and volunteering opportunities.
Excellent critical thinking skills are the most essential asset for corporate governance analysts since they are responsible for determining organizational weaknesses and implementing solutions. Corporate governance analysts should have strong communication skills in order to collaborate with colleagues on streamlining work processes and communicating changes to personnel. These analysts should also have effective project management abilities in order to successfully oversee multiple business initiatives and meet deadlines in a timely manner.
Career Outlook and Salary
The U.S. Bureau of Labor Statistics (BLS) does not collect data on corporate governance analysts; however, they reported an 8% growth for compliance officers during 2016-2026. This growth is about as fast as average for all occupations. In December 2017, PayScale reported a median annual salary of $59,611 for governance analysts.
Individuals considering a career a corporate governance analyst might also be interested in one of the related careers profiled below. They offer candidates the opportunity to utilize their skills in other analyst or compliance-oriented positions.