Subject: Transitioning Between Industries in IT Audit
Hello,
I’m curious about the feasibility of transitioning from one industry to another within Internal IT Audit. For example, how straightforward is it to move from a Senior Audit role in FTSE 100 Consumer Goods to a position in Banking? Once you’re established in a specific sector, are you generally limited to that field?
Best regards,
[Your Name]
One response
Switching industries in Internal IT Audit is definitely possible, though it may come with some challenges. Here are a few points to consider:
Transferable Skills: Many skills in IT Audit, such as risk assessment, compliance, and control evaluation, are applicable across industries. Your experience in consumer goods can provide valuable insights into banking audits.
Industry Knowledge: Knowledge of specific regulations, practices, and technologies is crucial in banking. You might need to familiarize yourself with banking standards (like SOX, PCI DSS, etc.) and relevant risks unique to the financial sector.
Networking: Building connections in the banking industry can help you learn more about the sector and potentially open up job opportunities. Consider attending industry conferences or joining relevant professional associations.
Additional Education/Certifications: Depending on the bank, additional certifications (like CISA or CIA) or courses related to finance may be beneficial or even necessary for a smoother transition.
Flexibility and Openness: Be prepared to start at a different level or take on new responsibilities as you transition. Flexibility and a willingness to learn can make a significant difference.
Overall, while transitioning between industries in Internal IT Audit is feasible, it may require some additional effort to bridge knowledge gaps and network effectively. Good luck with your career move!
Kind regards,
[Your Name]