IT Risk Analyst Job Description [Updated for 2025]

In our increasingly digitized world, the role of IT Risk Analysts has become critically important.

As technology continues to evolve, there’s a growing need for skilled professionals who can assess, mitigate, and manage the potential risks within our digital landscape.

But what exactly does an IT Risk Analyst do?

Whether you are:

• A job seeker trying to understand the key responsibilities of this role,
• A hiring manager outlining the perfect candidate,
• Or simply curious about the world of IT risk analysis,

You’ve come to the right place.

Today, we present a customizable IT Risk Analyst job description template, designed for easy posting on job boards or career sites.

Let’s dive in.

IT Risk Analyst Duties and Responsibilities

IT Risk Analysts identify and analyze potential issues affecting IT systems and data.

They use their knowledge of IT systems and their understanding of business risks to ensure that the information technology infrastructure of an organization is secure and compliant.

Their main duties and responsibilities include:

• Identifying potential risks and vulnerabilities in the IT infrastructure
• Developing and implementing strategies to mitigate identified risks
• Conducting IT audits to ensure compliance with established IT standards, policies and regulations
• Documenting risks and actions taken to mitigate them
• Communicating findings and recommendations to management and other relevant stakeholders
• Performing risk assessments on new technologies and systems before implementation
• Developing risk management policies and protocols for IT
• Training staff in risk management and raising awareness of potential IT risks
• Maintaining up-to-date knowledge of industry trends and advancements in IT security
• Collaborating with other departments to ensure that their IT systems and data are secure

 

IT Risk Analyst Job Description Template

Job Brief

We are seeking a detail-oriented IT Risk Analyst to identify and evaluate potential risks in our technology operations.

This role will require extensive understanding of IT systems and security measures, along with the ability to communicate effectively and present findings to key stakeholders.

The successful candidate will be tasked with understanding our company’s technology infrastructure, identifying potential threats and vulnerabilities, and developing strategies to mitigate these risks.

 

Responsibilities

• Identify and evaluate technology risks, internal controls which mitigate risks, and related opportunities for internal control improvement
• Conduct IT risk assessments and audits, including the execution of detailed test plans
• Assist in the development of risk management strategies and processes
• Report on findings and recommend changes in operations and financial activities
• Communicate with and educate process owners on the importance of controls, an effective control environment, and the role of Internal Audit
• Assist with IT projects to ensure security and risk management considerations are addressed
• Stay updated with the latest IT trends and security standards

 

Qualifications

• Proven experience as an IT risk analyst or similar role
• Experience with IT audits, risk assessments, and information security
• Knowledge of data analysis, risk assessment and control testing methodologies
• Familiarity with industry compliance and security standards including ISO 27001, GDPR, NIST, and SOC
• Strong analytical skills and attention to detail
• Excellent written and verbal communication skills
• BS degree in Information Technology, Computer Science, or a related field. Certifications such as CISA, CRISC, CISSP are a plus

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: IT Risk Analyst
• Work Environment: This role is primarily office-based with the potential for occasional travel for team meetings or industry events. Remote working options may be available.
• Reporting Structure: This position reports directly to the IT Risk Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $85,000 minimum to $135,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an IT Risk Analyst Do?

IT Risk Analysts are specialized professionals who operate within the Information Technology department of an organization.

They play a critical role in identifying, evaluating, and mitigating risks associated with the organization’s IT infrastructure.

These analysts work closely with various stakeholders including IT professionals, management teams, and even external clients to ensure the safe operation of the organization’s information systems.

Their primary task is to conduct regular risk assessments on the IT systems, to identify any potential vulnerabilities or threats.

This includes evaluating the integrity of hardware, software applications, and data security measures in place.

Upon identifying any risks, IT Risk Analysts are responsible for developing and implementing strategies to manage these risks.

This could involve system upgrades, implementation of new security protocols, or employee training on safe IT practices.

Additionally, these analysts play a key role in disaster recovery planning.

They prepare contingency plans to ensure minimal disruption and swift recovery in the event of a system failure or security breach.

They are also tasked with staying up-to-date with the latest trends and advancements in IT security, as well as changes in relevant legislation and regulatory standards.

This knowledge is crucial in maintaining the robustness of the organization’s IT risk management strategies.

 

IT Risk Analyst Qualifications and Skills

An IT Risk Analyst should have a broad range of skills and qualifications to effectively manage and assess the technological risks that a company could face.

These include:

• Analytical skills to identify, assess and evaluate IT risks, including understanding their potential impact and implications.
• Communication skills to effectively report and explain IT risks to stakeholders and other team members without technical backgrounds.
• Problem-solving skills to provide solutions and methods to mitigate identified risks.
• Knowledge of IT infrastructure, software, and hardware, as well as the associated risks.
• Experience with risk management methods and tools, as well as IT security protocols and procedures.
• Project management skills to manage risk assessment and mitigation programs effectively.
• Attention to detail to ensure that all potential risks are identified and addressed.
• Understanding of compliance requirements related to IT to ensure that the company’s technology practices are in line with legal and regulatory requirements.

 

IT Risk Analyst Experience Requirements

Entry-level IT Risk Analyst candidates typically need a bachelor’s degree in Information Technology, Cybersecurity, or a related field and up to 1-2 years of experience, often obtained through internships or part-time roles in IT risk management.

Candidates can also gain relevant experience from positions such as IT Auditor, Cybersecurity Analyst or other IT and risk management-related roles.

Knowledge in IT risk identification, assessment, and mitigation techniques are essential, along with experience in using risk management tools and frameworks.

Those with more than 3 years of experience may have honed their technical skills and knowledge in IT risk management, compliance, and governance.

They are expected to possess advanced knowledge in areas like vulnerability assessment, threat intelligence, and incident response.

Candidates with more than 5 years of experience typically have a strong background in leading IT risk management projects, guiding teams, and developing risk mitigation strategies.

They might be ready for roles with more responsibilities, such as IT Risk Manager or IT Compliance Manager.

Professional certifications like Certified Information Systems Security Professional (CISSP) or Certified in Risk and Information Systems Control (CRISC) can also be beneficial in demonstrating expertise and advancing in the role.

 

IT Risk Analyst Education and Training Requirements

IT Risk Analysts typically have a bachelor’s degree in a relevant field such as computer science, information technology, or cybersecurity.

A strong understanding of various information systems, security protocols, and data privacy regulations is essential.

They also need to be familiar with risk assessment methodologies, and risk management tools and techniques.

To further enhance their skills and employability, many IT Risk Analysts choose to pursue industry-recognized certifications such as Certified Information Systems Auditor (CISA), Certified in Risk and Information Systems Control (CRISC), or Certified Information Systems Security Professional (CISSP).

A master’s degree in information systems, cybersecurity, or a related field may be beneficial, especially for more senior roles.

This advanced degree can provide a deeper understanding of the complex nature of IT risks and the strategies to manage them.

Work experience in IT, risk management, or a related field is also often required, with many employers preferring candidates who have experience in an analyst role.

Furthermore, IT Risk Analysts must be able to demonstrate strong analytical skills, proficiency in problem-solving, and the ability to effectively communicate complex information to various stakeholders.

 

IT Risk Analyst Salary Expectations

An IT Risk Analyst can expect to earn an average salary of $82,840 (USD) per year.

However, this salary can vary depending on the individual’s level of experience, education, the size of the company, and geographical location.

 

IT Risk Analyst Job Description FAQs

What skills are required for an IT Risk Analyst?

An IT Risk Analyst needs to possess strong analytical skills to understand and interpret complex data.

They should also have a solid understanding of IT systems and networks, and knowledge of cybersecurity principles.

Strong problem-solving skills, communication skills, and the ability to make decisions under pressure are also important.

 

What qualifications does an IT Risk Analyst need?

A bachelor’s degree in computer science, information technology, or a related field is typically required for an IT Risk Analyst role.

Some organizations prefer candidates with a master’s degree or professional certifications like Certified Information Systems Security Professional (CISSP), Certified in Risk and Information Systems Control (CRISC), or Certified Information Systems Auditor (CISA).

 

What does an IT Risk Analyst’s day-to-day work look like?

On a typical day, an IT Risk Analyst may evaluate the organization’s IT systems and processes for potential risks and vulnerabilities.

They may also develop or revise risk management policies and standards, conduct training on risk management, and assist in risk mitigation efforts.

They might also monitor and analyze security logs, and prepare reports on their findings.

 

What makes a good IT Risk Analyst?

A good IT Risk Analyst must have a keen eye for detail and the ability to spot potential risks and vulnerabilities in IT systems.

They should have strong analytical skills to interpret complex data and make informed decisions.

Good communication skills are important for explaining technical issues to non-technical stakeholders.

A good IT Risk Analyst also stays updated with the latest trends and developments in IT security and risk management.

 

Is it challenging to hire an IT Risk Analyst?

Yes, hiring an IT Risk Analyst can be challenging.

This is because the role requires a unique combination of IT knowledge and risk management skills.

The candidate must also have a solid understanding of cybersecurity principles.

As such, finding a candidate who possesses all these skills and qualifications can be a difficult task.

 

Conclusion

And there we have it.

Today, we’ve unraveled the complexities of being an IT risk analyst.

Surprised?

It’s not merely about identifying and mitigating IT risks.

It’s about shaping a secure digital landscape, one risk assessment at a time.

With our reliable IT risk analyst job description template and genuine examples, you’re ready to make your move.

But why halt your journey here?

Dig deeper with our job description generator. It’s your pathway to precision-crafted job listings or refining your resume to perfection.

Always remember:

Every risk assessment contributes to the larger security framework.

Let’s secure that future. Together.

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