Regulatory Impact Assessment and Gap Analysis Questions

Covers methodologies for assessing new or changing laws and regulations, determining operational and product impacts, mapping obligations to existing policies and controls, and identifying compliance gaps. Candidates should be able to describe structured approaches for scoping regulatory requirements, scoring business impact and compliance risk, creating prioritized remediation plans, estimating effort and timelines, assigning ownership, and tracking closure through governance and reporting. Interviewers will evaluate ability to reduce duplicate effort via control mapping, to design compensating controls where immediate remediation is impractical, and to communicate tradeoffs and timelines to stakeholders in product, engineering, legal and operations.