What is a Risk Consultant?

Jul 08, 2019

An Ashling Team “What Is” Feature

Ashling Team regularly shares rundowns on specific cybersecurity jobs. So, whether you’re interested in redirecting your current infosec career, or segueing into cyber— our popular “What Is” feature will introduce you to various security roles, like that of a Risk Consultant.

a.k.a.: Risk Analyst, Cyber Risk Consultant, Security Analyst, and Security Risk Analyst

About: A Risk Consultant leverages industry and technical expertise to efficiently and effectively mitigate risks and improve business performance. There’s a focus on fine-tuning internal audit functions to further align company strategy and risk. As such, a main objective is to help increase the value and reduce the costs of compliance-related activities (i.e. GDPR, HIPPA).

Responsibilities (in most cases):

  • Defining and implementing third party/vendor information security risk assessment programs.
  • Implementing audit remediation initiatives to satisfy compliance requirements.
  • Manage risks to an acceptable level by building relationships and working directly with system and business process.
  • Performing GAP assessments.

Popular Certifications: CISSP, CISA, CISM, GPEN and Certified Ethical Hacking, and CIA.

Stepping Stone Jobs: Often, those aspiring to be Risk Consultants have had experience in intermediate-level security jobs such as security administration, information security analysis and associate risk consultation, as well as had client-facing responsibilities.

Springboard Area(s) of Expertise

  • Experience executing technical risk assessments, as well as creating and coordinating a cybersecurity training and awareness program.
  • Having collaborated on risk-based decision making with business, IT, and information security stakeholders/client investor organizations.
  • Developing and implementing organizational strategies and guidelines related to security governance and related compliance.

Education: Bachelor's Degree in Computer Science, Information Systems, or a related technical field.

Most Sought-After Skill Set(s):.

  • Knowledge of cloud deployments and associated risk considerations.
  • Ability to document and explain risks and vulnerabilities to both business and technical stakeholders.
  • Expertise in security policy creation and lifecycle management, auditing methodology, and technology risk assessments.
  • Web application assessment, network penetration testing, and vulnerability research.
  • Vulnerability management, ongoing risk assessment and integration to project delivery (PMO)
  • Experience with IoT and operational technologies.

LATERAL Growth Opportunities:

  • Information Assurance Advisor
  • IT Auditor
  • Security Auditor
  • Security Risk Manager

VERTICAL Growth Opportunities:

  • Information Assurance Manager
  • Senior Manager Risk Consultant
  • IT Audit Manager

Ashling Team Insight:

Aspiring to grow into a risk consultant role? Gain experience in pen testing and an understanding of compliance framework. Work on gap assessments and risk remediation strategies. 

To truly differentiate yourself as a candidate for a risk consultant role— particularly in the healthcare or financial industries— participate in awareness training programs, and complete CISA and/or CIA certification.

And if you want to really standout, ensure you have experience with information security, governance, risk, and compliance, as well as developing and implementing risk remediation strategies. Of course, having client-facing competencies enhances your dossier, too.

Check-out current Job Opportunities at AshlingTeam.com.

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