Guggenheim Services, LLC

Internal Auditor - Vice President

Job Locations US-NY-New York
Posted Date 2 months ago(8/2/2023 2:47 PM)
Job Category
Audit Jobs
Position Type

Position Summary

Guggenheim Securities is seeking an exceptionally organized and detail-oriented candidate to join the Internal Audit Team. The Vice President Internal Audit will report to the Head of Audit Guggenheim Securities and will assist in the planning and execution of audits across the firm. This will entail researching business units and services they engage in and identifying relative risks; executing fieldwork, including business unit interviews; documentation and testing of processes and controls; and assisting in the drafting and vetting of findings, issues and related actions plans.

The successful candidate will have six to ten years of audit experience. They will also possess outstanding intellect, analytical abilities, and self-confidence. They must have the proven ability to anticipate, and provide solutions to, complex problems. In addition, the successful candidate will have a strong work ethic and unquestionable integrity, possess excellent communication skills (oral and written), and be capable of presenting in a clear and compelling manner to management.

This is an opportunity for a candidate with strong internal audit skills and knowledge of Investment Banking and Sales and Trading to make a real impact in a dynamic firm across its front to back operations.

This position is in New York City and may require some domestic and international travel.

Essential Job Functions

  • Assist in the maintenance of a dynamic audit universe, providing updates to the risk assessment and keeping it evergreen by identifying new activities, divestitures and significant changes to the businesses.
  • Conduct formal audits identified by Internal Audit management across the full spectrum of the audit cycle of planning, fieldwork and reporting. This includes:
    • Identification and evaluation of key processes, risks and controls;
    • Preparation of audit programs and other procedures to test controls; and,
    • Preparation and communication of action plans to remediate control deficiencies.
  • Establish and maintain relationships with stakeholders, at all levels, within the business lines and control functions.
  • Monitor and report on the disposition and status of action plans and conduct substantive tests of compliance, as necessary.
  • Collaborate with others in Internal Audit and across the firm on risk and control related initiatives.
  • Perform pre-implementation and post-mortem type reviews, as necessary.
  • Keep abreast of industry and product specific developments and raise any risk and control related topics of interest to Internal Audit management.
  • Promote the department’s value proposition.

Preferred Qualifications

  • Understanding of Investment Banking and broker dealer business functions, processes and risks, including a strong appreciation for the regulatory framework.
  • An undergraduate degree, with solid financial management and auditing training. A CPA, CIA or CISA certification (or pursuing) is preferred.  Relevant FINRA registrations (e.g., Series 7, 63, 24, etc.) are a plus.
  • Must understand internal auditing theory and techniques, including types of controls and testing procedures as well as related work paper standards.
  • Strong organizational and documentation skills (ability to write succinct and cohesive process narratives, issue statements, findings and action plans).
  • Strong oral communication skills and confidence.
  • Ability to take direction and execute successfully with minimal supervision.
  • Healthy skepticism and strong aptitude for precision.
  • Strong stakeholder interview skills – preparation in framing questions, anticipating answers and follow-up questions.
  • Ability to learn quickly and research topics and risks suitable to areas under audit.
  • Solid understanding of Excel, PowerPoint, Visio, Access and common internal audit work paper tools (i.e., automated work papers).
  • Understanding of logical access, change management, data integrity and business continuity controls.
  • Aptitude to develop both technical and soft skills in a growing organization.
In addition, the ideal candidate will demonstrate the ability to:
  • Understand and apply the concepts of operational, financial and regulatory risks and controls across the financial services industry and for varied financial instruments.
  • Analyze issues and develop and execute plans that contribute to significant improvements in financial and operational performance and risk reduction.
  • Collaborate with management, peers, and subordinates in the furtherance of achieving mutually beneficial outcomes.
  • Assess, evaluate and recommend practices that mitigate risks.
  • Deploy creative problem solving.
  • Use data analytics and Computer Assisted Audit techniques
  • Take ownership of processes and improve them.

Basic Qualifications

  • Six to ten years of experience working as an auditor covering complex and highly regulated financial service firms, preferably with a mix of asset management and broker dealer experience.
  • Ideal candidate will also have some experience with information technology (IT) audit as it relates to IT general controls (application and infrastructure).

Salary Details

  • Annual base salary between $100,000 and $150,000.
  • 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.

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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