Transitioning Between Industries in IT Audit
How feasible is it to transition from a Senior IT Audit role in the FTSE 100 Consumer Goods sector to the Banking industry? Is it challenging to move between these fields, or does one tend to remain within the same industry once established?
Best regards,
One response
Switching industries within Internal IT Audit is definitely possible, but it may come with some challenges and considerations. Here are a few points to think about:
Transferable Skills: Many skills in IT Audit, such as risk assessment, compliance, data analysis, and understanding of IT controls, are transferable across industries. Highlighting these skills on your resume can help demonstrate your suitability for a banking role.
Industry Knowledge: While your auditing skills are valuable, banking might require a deeper understanding of specific regulations and financial systems. You may need to invest time in learning about the banking sector, its regulatory landscape, and relevant technologies.
Networking: Connecting with professionals in the banking industry can provide insights and potential opportunities. Attend industry conferences, participate in relevant forums, or join professional organizations to expand your network.
Certifications: Consider obtaining certifications that are recognized in the banking sector, such as Certified Information Systems Auditor (CISA) or Certified Internal Auditor (CIA), as these can strengthen your credentials.
Internal Opportunities: If you’re currently with a large organization that operates in both industries, consider seeking internal opportunities that might allow you to transition without leaving your current employer.
Be Open to Entry-Level Roles: Depending on the differences between the industries, you might need to start at a lower level in banking to gain the necessary experience.
Overall, while switching from consumer goods to banking in IT Audit may require some extra effort, it’s certainly achievable with the right approach and preparation.
Kind regards!