Transitioning Between Industries in IT Audit
How feasible is it to move from a Senior IT Audit position in a FTSE 100 Consumer Goods company to a role in Banking? Once you’re established in a particular industry, do you find it challenging to make a transition, or is it relatively straightforward?
Best regards,
One response
Switching industries in Internal IT Audit is definitely possible, but it does come with its challenges. Here are a few points to consider:
Transferrable Skills: Many skills in IT Audit, such as risk assessment, internal controls, compliance, and data analysis, are highly transferable across industries. If you can highlight these in your applications and interviews, you can position yourself as a strong candidate for banking or other sectors.
Industry Knowledge: One of the main hurdles in switching industries is the need for industry-specific knowledge. Banking has its own unique regulations and risk environments, so gaining familiarity with these can be crucial. Consider taking courses or certifications relevant to banking audits to bolster your expertise.
Networking: Leveraging your network can also help you transition. Connecting with professionals in the banking industry through LinkedIn or industry seminars can provide insights and potential job opportunities.
Career Path Flexibility: Many companies value diverse backgrounds and perspectives, especially in Audit roles where varied experiences can enhance problem-solving. Highlighting your adaptability and willingness to learn about the banking sector can make you a more appealing candidate.
Potential Internal Opportunities: If you’re currently with a large organization, consider exploring internal transfers. Many FTSE 100 companies have banking operations or partnerships, which could facilitate a smoother transition.
In summary, while switching industries in Internal IT Audit may require some additional effort, it’s definitely achievable. Focus on making your skills and willingness to learn clear, and tap into your network for greater chances of success.
Kind regards,