Senior Information Technology (IT) Auditor Salary
The average Senior Information Technology Auditor in the United States can expect to rake in roughly $85K per year. Cash earnings for Senior Information Technology Auditors — including $14K in bonuses and $6K in profit sharing proceeds near the top of the pay scale — generally stretch from $69K to $116K depending on individual performance. The most influential factor affecting pay for this group is geography, though the company and years of experience have a (lesser) impact as well. Most workers in this position report high levels of job satisfaction. Senior Information Technology Auditors who took the survey are largely men, dominating at 80 percent. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
Job Description for Senior Information Technology (IT) Auditor
Senior information technology (IT) auditors perform specialized auditing involving a broad range of information technology and operational functions. They also plan and manage complex audits, as well as perform project management duties such as organizing, reviewing, and reporting on the work of their team. They also provide IT and auditing support and assist the IT audit manager in the execution of the IT audit plan; this includes designing the overall IT audit plan for achieving internal audit's goals. Senior information technology auditors also perform the IT annual risk assessment, lead and perform technology-related and other operational audits. This work is generally fast-paced and occurs in an office setting.Read More...
Qualifications for this position generally include a bachelor's degree in management information system, computer science, information security, business administration, or a related field. They must also usually have four years or more of internal and/or external audit experience. Written and verbal communication skills are musts, as are the ability to multitask, prioritize workload, and meet deadlines. Additionally, senior IT auditors must have an ability to work effectively as part of a team while also successfully executing independent assignments. Analytical and creative problem-solving skills are also preferred. Candidates must also have advanced knowledge of IT audit standards, methods, and tools. Experience in insurance of financial services is preferred.
Senior Information Technology (IT) Auditor Tasks
- Identify key risks and necessary controls in existing systems.
- Perform operations audits to determine compliance with policies and procedures and effectiveness of internal control systems.
- Perform operational and compliance (SOX, PCI, others) reviews according to internal audit risk assessment plan.
- Oversee and implement improvements and best practices for increasing efficiency and minimizing risk.
Common Career Paths for Senior Information Technology (IT) Auditor
Senior Information Technology (IT) Auditor Job Listings
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Popular Employer Salaries for Senior Information Technology (IT) Auditor
J.P. Morgan Chase & Co. (JPMCC) offers the largest salaries in town — $99K on average.
Pay for Senior Information Technology Auditors is the lowest at KPMG, LLP, which has a median salary of $76K. In addition, there's little room to grow there, with salaries maxing out at $103K.
Popular Skills for Senior Information Technology (IT) Auditor
Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Security Testing and Auditing, Sarbanes-Oxley, IT Security & Infrastructure, and Internal Audit are correlated to pay that is above average. Skills that pay less than market rate include Sarbanes-Oxley Compliance Audit and IT Consulting. The majority of those who know IT Risk also know Internal Audit.
Pay by Experience Level for Senior Information Technology (IT) Auditor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Senior Information Technology Auditors, more experience in the field does not usually mean bigger paychecks. The average inexperienced worker's salary is approximately $83K, and people with five to 10 years of experience bring in more at around $90K on average. Between one and two decades on the job, average salaries pass the six-figure mark at around $104K. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.
Pay Difference by Location
Surpassing the national average by 18 percent, Senior Information Technology Auditors in Boston receive some of the highest pay in the country. Senior Information Technology Auditors will also find cushy salaries in Austin (+17 percent), San Francisco (+15 percent), Seattle (+13 percent), and Los Angeles (+13 percent). Milwaukee ranks last in the field for pay, reporting salaries 18 percent below the national average. Cincinnati and Miami are a couple other places where companies are known to pay below the median — salaries are 15 percent lower and 11 percent lower, respectively.