Guggenheim Services, LLC

Head of Internal Audit - Securities

Job Locations US-NY-New York
Posted Date 4 weeks ago(3/1/2023 3:15 PM)
Job Category
Finance & Accounting Jobs
Position Type

Position Summary

Guggenheim is seeking an experienced Head of Internal Audit for its Securities business. This position will report to the Chief Internal Auditor and will be responsible for implementing and managing a risk-based audit plan to assess the adequacy and effectiveness of Guggenheim Securities’ risks and controls framework.

The successful candidate will possess strong knowledge of internal audit professional standards, have excellent business acumen, appreciate the importance of partnership and having a commercial view while maintaining internal audit’s independence and high level of integrity and objectivity. In addition, the successful candidate will have a strong work ethic, possess excellent communication skills (oral and written), and be capable of presenting internal audit’s findings in a diplomatic and compelling manner to management.

This position will be in New York and will require some travel, primarily domestic, but other travel may be required.

Essential Job Functions

  • Supervising and directing the evaluation of the adequacy and effectiveness of the control environment through the performance of audits and projects across the planning, fieldwork, and reporting phases of audits
  • Collaborating with executives and management of the business and control functions in analyzing and assessing business processes, risks, and controls
  • Supervising internal audit staff in the execution of audits and other projects
  • Developing and maintaining a dynamic audit universe, keeping it evergreen by the identification of new activities, divestitures, and significant changes to businesses
  • Maintaining internal audit’s risk assessment methodology and applying it to the audit universe
  • Developing, communicating, and executing the audit plan
  • Identifying, vetting, and communicating corrective actions to strengthen policies, procedures, and controls
  • Developing, attracting, and retaining talented professionals, including active involvement in career building and performance evaluations
  • Representing Internal Audit on various risk and control governance bodies and forums, as needed
  • Maintaining relationships with management teams in the business and control functions
  • Collaborating with management with respect to their requests for special projects and investigations and serving as a trusted advisor in the area of internal controls
  • Keeping abreast of industry and product-specific developments and raise any risk and control- related topics of interest to management

Preferred Qualifications

  • Significant experience working in, and managing, an internal audit function covering complex, regulated financial service firms, preferably with a concentration in SEC-registered broker dealers
  • Internal auditing experience covering investment banking (e.g., M&A, capital markets) and markets (equity / fixed income sales and trading) businesses
  • Proven track record of performing risk assessments and maintaining a dynamic audit universe, including a strong grasp of risk assessment methodologies
  • Excellent understanding of internal auditing theory and techniques, including types of risks, controls, and testing procedures, as well as related work paper standards (e.g., COSO, COBIT, IIA Principles)
  • Technical knowledge and skills essential to address challenges of the role and support IA’s value proposition (e.g., subject matter expert in a specific discipline, product, business)
  • Proven ability to interact comfortably with senior and executive management
  • Exceptional organization skills and attention to detail
  • Independently analyzes issues and develops and executes creative yet reasonable plans that contribute to significant improvements in financial and operational performance and risk reduction
  • Strong work ethic, demonstrates commitment to work and team’s success, and leads by example
  • Exemplifies integrity and high ethical resilience
  • Excellent communication and influencing skills (oral and written), confident and capable of presenting in a clear and compelling manner to stakeholders, while maintaining a practical and commercial view
  • Proven track record of managing and leading a team of auditors, including coaching, and providing feedback in the performance evaluation process
  • Exhibits professional composure, executive presence and has strong influencing skills
  • Uses resources efficiently and “thinks like an owner”

Basic Qualifications

  • Undergraduate degree, preferably in finance or accounting, and relevant FINRA registrations (e.g., Series 7, 24) are preferred, while an advanced degree, CPA, CIA, or CISA certification is a plus.

Salary Details

  • Annual base salary between $250,000 and $300,000
    The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation
  • Currently, this is a hybrid role based in the New York office

About Us

Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.


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