WHAT KIND OF CAREER OPPORTUNITIES ARE
AVAILABLE IN INTERNAL AUDIT?
New recruits are brought in at an entry level appropriate to
their experience, and are assigned to a manager who acts as a
mentor in their professional development. Over a two-year
period we focus on developing the recruit's strengths in one
or more specialties, deepening his or her understanding of
the business environment at Salomon and its associated
risks, and improving his or her ability to identify and address
key control issues. Internal Audit works with nearly every
business activity or entity within the entire Salomon Inc
organization: production, support, and senior management,
including the Board of Directors. We are, in a very real
sense, a "window" into all that the Firm is and does.
Our ability to work effectively with these areas depends
upon both our knowledge of Salomon's products, services
and systems and our relationships with its people. As staff
become more seasoned we therefore actively guide them in
developing liaison relationships with and building up their
knowledge of specific business areas. Staff promoted to the
assistant manager and manager/vice president levels focus
on a select group of business activities or entities, and are
expected to be able to develop and maintain solid working
relationships with the management of each of them.
HOW DOES EXPERIENCE IN INTERNAL
AUDIT PREPARE EMPLOYEES FOR OTHER
OPPORTUNITIES AT SALOMON?
As our staff develop their knowledge of and relationships
with specific areas of Salomon, in many cases they also
develop a desire to take a turn on their career path and
join another group in the Firm, typically one with which
they have been working closely. The Internal Audit depart-
ment actively encourages these career moves, and we dis-
cuss the longer-term career objectives of our staff when
they first join our group. Helping motivated, controls-
conscious individuals find new avenues to pursue within
the Firm benefits both the employees concerned and
Salomon as a whole.
30 Management Controls / Internal Audit
"Our objective is to attract bright, energetic professionals and work closely with them to
develop their careers in the larger Salomon organization."
Thomas O'Neill is the Director of U.S.Audit, and is responsible for all Salomon's New York and Tampa
audit operations. Tom joined our Tampa audit office as a Vice President in 1994 from Paine Webber's
Capital Markets audit group, and previously worked for 10 years with Ernst & Young's Financial Services
Group in New York. He received his B.S. degree in Accounting and Management from the State University
of New York at Binghamton, and his M.B.A. in Finance from Columbia University.