Senior - Risk and SOX Compliances (IT) Job Description Template
The Senior - Risk and SOX Compliances (IT) role is critical in ensuring that our IT operations adhere to regulatory requirements and mitigate risks effectively. This role involves implementing and managing IT controls, conducting risk assessments, and coordinating compliance projects to align with SOX regulations.
Responsibilities
- Oversee IT compliance with SOX and other regulatory requirements.
- Develop and maintain IT risk management frameworks and controls.
- Conduct regular risk assessments and audits of IT processes.
- Collaborate with internal and external audit teams to ensure compliance.
- Monitor and report on IT compliance metrics and risk mitigation efforts.
- Provide guidance and training to IT staff on compliance and risk management best practices.
- Develop and implement policies and procedures to enhance IT compliance.
- Identify and address potential IT risks and vulnerabilities.
Qualifications
- Bachelor's degree in Information Technology, Computer Science, or a related field.
- 5+ years of experience in IT risk management and SOX compliance.
- Extensive knowledge of IT controls, risk assessment methodologies, and regulatory requirements.
- Proven ability to manage compliance projects from initiation to completion.
- Strong analytical skills with attention to detail.
- Excellent communication and interpersonal skills.
- Professional certifications (e.g., CISA, CISSP, CRISC) are highly desirable.
Skills
- IT risk management
- SOX compliance
- IT auditing
- Risk assessment methodologies
- Regulatory compliance
- Project management
- Analytical skills
- Communication skills
- CISA
- CISSP
- CRISC
Frequently Asked Questions
A Senior Risk and SOX Compliance (IT) professional is responsible for identifying, assessing, and managing IT-related risks within an organization. They ensure compliance with the Sarbanes-Oxley Act by implementing and maintaining robust internal controls over financial reporting. These professionals analyze risks, create policies to mitigate them, and regularly audit IT systems to ensure compliance. They also collaborate with different departments to integrate risk management practices across the organization.
To become a Senior Risk and SOX Compliance expert in IT, one typically needs a bachelor's degree in information technology, management information systems, or a related field. Professional certifications such as Certified Information Systems Auditor (CISA) or Certified Risk Management Assurance (CRMA) are highly beneficial. Experience in IT auditing, risk assessment, and SOX compliance is crucial, often requiring several years in junior roles before advancing to a senior position.
The average salary for a Senior Risk and SOX Compliance professional in IT varies based on location, experience, and the size of the organization. Generally, it is competitive, reflecting the demand and skills required for this specialized role. Salaries can be influenced by additional factors such as industry certifications, which may position candidates for higher pay due to their expertise and qualifications in managing risk and compliance.
For a Senior Risk and SOX Compliance (IT) role, candidates typically need a bachelor's degree in a relevant field such as information technology or finance. Certifications like CISA, CPA, or CIA can significantly enhance qualifications. Prior experience in IT risk management, internal auditing, and SOX compliance is essential. Strong analytical, communication, and problem-solving skills are also important as they help in assessing risks and developing effective compliance strategies.
A Senior Risk and SOX Compliance (IT) professional must possess strong analytical skills to evaluate risks and develop effective mitigation strategies. They are responsible for ensuring adherence to the Sarbanes-Oxley Act by designing efficient IT controls. Excellent communication skills are required to liaise with various departments and ensure understanding of compliance procedures. They should also be adept at performing audits and preparing detailed compliance reports to recommend improvements.