IT Risk and Compliance Manager Job Description [Updated for 2025]

As we navigate through the digital era, the importance of an IT Risk and Compliance Manager role becomes increasingly prominent.

Technology continues to evolve, and with each development, the demand for proficient individuals who can construct, manage, and protect our digital infrastructure grows even more critical.

But let’s dig deeper: What is really expected from an IT Risk and Compliance Manager?

Whether you are:

• A job seeker trying to understand the core of this role,
• A hiring manager drafting the perfect candidate profile,
• Or simply curious about the intricacies of IT risk and compliance management,

You’re in the right place.

Today, we present a customizable IT Risk and Compliance Manager job description template, designed for effortless posting on job boards or career sites.

Let’s dive right into it.

IT Risk and Compliance Manager Duties and Responsibilities

IT Risk and Compliance Managers are responsible for ensuring that an organization’s technology systems and procedures adhere to regulatory standards, thus minimizing risk to the organization.

They work closely with other departments to identify and mitigate risks and ensure compliance with laws and regulations.

Their duties and responsibilities include:

• Developing and implementing IT compliance programs
• Ensuring that IT systems, processes and policies comply with applicable laws, regulations, and standards
• Conducting regular audits and reviews to ensure compliance and identify potential areas of risk
• Creating and managing effective action plans in response to audit discoveries and compliance violations
• Monitoring changes in relevant legislation and accreditation standards that might affect the organization’s policies or procedures
• Working with various departments to ensure that IT security systems are functioning properly and are up to date
• Regularly reporting to the upper management about the effectiveness of IT compliance program and any need for changes
• Providing training and guidance to IT staff and other employees about IT risk management and compliance
• Managing and overseeing IT risk and compliance team members

 

IT Risk and Compliance Manager Job Description Template

Job Brief

We are seeking a skilled and experienced IT Risk and Compliance Manager to manage and coordinate our IT risk and compliance activities.

The IT Risk and Compliance Manager will ensure our company adheres to legal standards and in-house policies.

Responsibilities will include enforcing regulations in all aspects and levels of business, as well as providing guidance on compliance matters.

The ideal candidate will be well-versed in legal guidelines and corporate governance, have a sound grasp of risk management, and exhibit a high level of professional ethics and integrity.

 

Responsibilities

• Develop and implement company policies and regulations.
• Ensure all aspects of our company adhere to legal standards and in-house policies.
• Assess the business’s future ventures to identify possible compliance risks.
• Review the work of colleagues when necessary to identify compliance issues and provide advice or training.
• Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.
• Prepare reports for senior management and external regulatory bodies as appropriate.
• Conduct risk assessments to understand risk level, significance, and scope.
• Ensure timely and accurate reporting of violations or potential violations to duly authorized enforcement agencies as appropriate or required.
• Maintain documentation of compliance activities, such as complaints received or investigation outcomes.

 

Qualifications

• Proven experience as a Compliance Manager or Compliance Officer.
• Experience in risk management.
• In-depth knowledge of the industry’s standards and regulations.
• Excellent knowledge of reporting procedures and record keeping.
• A business acumen partnered with a dedication to legality.
• Methodical and diligent with outstanding planning abilities.
• An analytical mind able to “see” the complexities of procedures and regulations.
• Excellent communication skills.
• BSc/BA in law, finance, business administration or a related field.
• Professional certification (e.g., Certified Compliance & Ethics Professional (CCEP)) is a plus.

 

Benefits

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

 

Additional Information

• Job Title: IT Risk and Compliance Manager
• Work Environment: Office setting with options for remote work. Some travel may be required for team meetings or client consultations.
• Reporting Structure: Reports to the Director of IT or Chief Information Officer.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $90,000 minimum to $150,000 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 and Compliance Manager Do?

IT Risk and Compliance Managers primarily work in the information technology sector.

They can be employed by large corporations, technology firms, or as independent consultants.

Their main role is to ensure that the organization complies with all relevant IT regulations, standards, and best practices.

They develop and implement IT compliance programs, maintain documentation, and oversee internal and external audits.

In terms of risk management, they identify and assess potential IT risks, including data breaches, system failures, and cybersecurity threats.

They then develop strategies to mitigate these risks, which may involve implementing new technologies, updating policies, or providing staff training.

They also play a critical role in incident response, taking the lead when a breach or failure occurs to minimize damage and ensure a swift return to normal operations.

They analyze the incident to identify its cause and to prevent future occurrences.

In addition, IT Risk and Compliance Managers often work closely with other departments, such as legal and human resources, to ensure that the company’s IT practices align with its broader goals and policies.

They may also liaise with regulatory bodies and other external stakeholders.

Overall, their goal is to create a safe, secure, and compliant IT environment that supports the organization’s objectives.

 

IT Risk and Compliance Manager Qualifications and Skills

An IT Risk and Compliance Manager should have the skills and qualifications that align with this complex and specialized role, including:

• Strong understanding and experience in IT security protocols and standards, including knowledge of ISO 27001, GDPR, HIPAA or other relevant regulations.
• Excellent analytical skills to identify and evaluate potential risks and compliance issues within the IT infrastructure.
• Outstanding communication and interpersonal skills to convey complex technical concepts to non-technical team members and stakeholders, and to collaborate effectively with various departments.
• Proficient in using risk management tools and software to assess and mitigate risks, as well as knowledge of IT audit procedures.
• Effective decision-making skills to implement the best risk management strategies and compliance procedures.
• Strong leadership skills to oversee and guide the IT compliance team, ensuring the establishment and adherence to company policies and regulations.
• Detail-oriented nature to thoroughly review systems, applications, and operations for potential risks or compliance issues.
• Problem-solving skills to develop and implement solutions for identified risks and non-compliance issues.

 

IT Risk and Compliance Manager Experience Requirements

The IT Risk and Compliance Manager role often requires a minimum of 5 to 7 years of experience in IT risk management, compliance, or a related field.

This experience should ideally include a deep understanding of risk and compliance management principles and technology control frameworks.

Entry-level candidates may gain the necessary experience through roles such as IT Auditor, IT Analyst, or Compliance Associate.

These roles allow professionals to develop their understanding of IT risk, compliance, and control frameworks.

Candidates with about 3 years of experience often evolve their skills in roles such as Senior IT Auditor or IT Compliance Analyst.

In these roles, they deepen their understanding of risk assessments, compliance audits, and the development and implementation of controls.

Those with more than 5 years of experience often have some leadership experience, often gained in roles such as IT Compliance Team Lead or IT Risk Manager.

In these roles, they have likely managed teams or processes, developed strategies to mitigate risks, and worked on cross-functional initiatives to improve compliance.

Professionals at this level are expected to have a strong understanding of IT systems, risk assessment methodologies, and regulatory requirements.

They should also be skilled in project management, have strong communication skills, and be able to influence at all levels of the organization.

In addition to work experience, professional certifications such as Certified Information Systems Auditor (CISA), Certified in Risk and Information Systems Control (CRISC), or Certified Information Systems Security Professional (CISSP) are often required or highly preferred.

 

IT Risk and Compliance Manager Education and Training Requirements

IT Risk and Compliance Managers typically have a bachelor’s degree in fields like computer science, information technology, cybersecurity, or a related field.

They need a strong understanding of IT systems, operations, and risks, as well as knowledge in cybersecurity principles and practices.

Familiarity with compliance regulations and standards, such as ISO 27001, GDPR, and HIPAA, is a must.

Some positions may require IT Risk and Compliance Managers to have a master’s degree in information systems management, cybersecurity, or another related field.

Professional certifications such as Certified Information Systems Auditor (CISA), Certified in Risk and Information Systems Control (CRISC), Certified Information Security Manager (CISM), or Certified Information Systems Security Professional (CISSP) are often preferred.

Several years of experience in IT risk management, audit, or compliance roles are usually required.

This role also demands a high level of analytical thinking, problem-solving abilities, and excellent communication skills.

Ongoing education is crucial in this role due to the constant changes and updates in IT regulations and risks.

Therefore, a commitment to continuous learning and staying abreast of new technologies and regulations is vital for success in this role.

 

IT Risk and Compliance Manager Salary Expectations

An IT Risk and Compliance Manager can expect to earn an average salary of $117,976 (USD) per year.

This salary can vary based on factors such as years of experience in the field, the size and industry of the employing company, and the cost of living in the specific location.

 

IT Risk and Compliance Manager Job Description FAQs

What skills does an IT Risk and Compliance Manager need?

An IT Risk and Compliance Manager needs a solid understanding of IT systems and the potential risks they may pose.

They must be detail-oriented, analytical, and have strong problem-solving skills to identify and mitigate risks effectively.

Familiarity with compliance laws and regulations related to information technology is a must.

Additionally, they should have excellent communication skills to report their findings and recommendations to stakeholders.

 

Do IT Risk and Compliance Managers need a degree?

Most IT Risk and Compliance Managers need to have a bachelor’s degree in a related field such as information technology, computer science, or cybersecurity.

Many employers prefer candidates with a master’s degree in these fields or an MBA with a concentration in information systems.

Certifications such as Certified Information Systems Auditor (CISA) or Certified in Risk and Information Systems Control (CRISC) are often highly valued.

 

What should you look for in an IT Risk and Compliance Manager resume?

The resume of an IT Risk and Compliance Manager should clearly demonstrate their experience in IT risk management and compliance.

Look for their knowledge in IT systems, risk assessment methodologies, and relevant compliance laws and regulations.

Certifications related to risk and compliance are a big plus.

Also, pay attention to their communication, leadership, and project management skills as these are crucial for the role.

 

What qualities make a good IT Risk and Compliance Manager?

A good IT Risk and Compliance Manager is detail-oriented and highly analytical, with strong problem-solving skills to identify, evaluate, and mitigate IT risks.

They have a thorough understanding of compliance regulations and can ensure that IT systems meet these standards.

They are also effective communicators, able to articulate complex IT risks and compliance issues in a way that non-technical stakeholders can understand.

Strong leadership skills and the ability to manage projects are also important qualities.

 

What is the role of an IT Risk and Compliance Manager in a data breach?

In the event of a data breach, an IT Risk and Compliance Manager plays a crucial role in managing the incident response.

They would work closely with the IT department to understand the scope and impact of the breach, ensure that corrective measures are implemented, and mitigate any further risks.

They would also ensure that the breach is reported in accordance with compliance regulations, and would communicate with stakeholders about the breach and the organization’s response.

 

Conclusion

And there we have it.

Today, we’ve unraveled the intricate fabric of what it truly means to be an IT Risk and Compliance Manager.

Surprised?

It’s not just about managing data security.

It’s about orchestrating a resilient digital fortress, one security protocol at a time.

With our comprehensive IT Risk and Compliance Manager job description template and practical examples, you’re perfectly poised to take the next step.

But why put a limit on your journey?

Explore further with our job description generator. It’s your invaluable tool for meticulously crafting job listings or fine-tuning your resume to excellence.

Remember:

Every security protocol contributes to the overarching defense system.

Let’s fortify that future. Together.

How to Become an IT Risk and Compliance Manager (Complete Guide)

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