Senior Associate, Internal Audit

Company: Oaktree Capital Management
Location: Los Angeles
Posted on: April 1, 2026

Job Description:

Oaktree is a leader among global investment managers specializing in alternative investments, with more than $220 billion in assets under management. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,400 employees and offices in more than 25 cities worldwide. We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture. Our investment philosophy consists of six enduring tenets: risk control, consistency, market inefficiency, specialization, de-emphasis of macro-forecasting and disavowal of market timing. These tenets are central to our opportunistic and value-oriented approach. Our mission is to deliver superior investment results with risk under control and to conduct business with the highest integrity. Sustainability considerations are a critical component of achieving this mission. As long-term investors, we recognize that accounting for sustainability considerations throughout the investment lifecycle can help us avoid undue risk and better identify attractive opportunities. These efforts are part of our long-standing commitment to excellence in bottom-up investment analysis For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/ Responsibilities The Senior Associate position will be responsible for conducting operational, financial, and regulatory internal audits (no SOX testing). The following statements are intended to describe the general nature and level of work being performed. This is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of team members. Responsibilities include: Identifying operational, compliance, financial, and reputational risks through risk assessment, audit and consulting activity; The ability to execute the planning, fieldwork and reporting stages of the internal audits; Leading interviews to understand systems, processes, and controls and assessing risk with minimal oversight and supervision; Performing walk-throughs of control processes and substantive testing, designing audit procedures for high-risk and complex audit areas, and completion of clear and concise work papers that articulate the work performed and the conclusions reached; Identifying, developing, and documenting audit findings; drafting comprehensive audit reports; communicating results to management through clear verbal and written presentations; and advising stakeholders on control strengths and weaknesses while developing practical, effective solutions to enhance the control environment. Performing due date tracking, management follow-up, and validation testing for the remediation of audit findings; Developing and maintaining relationships with stakeholders; Performing job administration responsibilities, including creating status reports and tracking budget-to-actuals; Pursuing professional development opportunities via professional associations, certifications, and internal/external training; Performing various other tasks and special projects as required; Designing and performing data analytic procedures to identify emerging risks and patterns, and Identifying and implementing use cases for Artificial Intelligence when conducting internal audit tasks. Qualifications 4-5 years of audit experience; Internal audit experience within the asset management industry or financial services is preferred; Experience applying internal auditing standards, management principles and business practices; Experience collecting and analyzing complex data, evaluating information and drawing logical conclusions; Experience preparing for and presenting to senior audiences; Experience using data analytics to identify patterns and trends using data; Experience planning and managing project plans (includes ensuring timely completion of assigned project phases within a provided budget); and Proficiency with Microsoft Office suite applications, with a specific emphasis on Word, Excel, Outlook and PowerPoint to prepare work papers, reports, memos and summaries. Personal Attributes Excellent interpersonal, verbal and written communication skills; Strong skills in resolving problems and negotiating findings; Critical thinker with intellectual curiosity and proactivity in researching business concepts; Agile, self-initiated and a self-starter; Excellent time management skills / an ability to handle multiple assignments and meet deadlines; Flexible and team-oriented, and strong integrity and professionalism. Education Bachelor’s degree in relevant discipline (Accounting, Finance, or Business-related field). A CPA or CIA is preferred. Base Salary Range $125,000-$145,000 In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education. Equal Opportunity Employment Policy Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources. For positions based in Los Angeles For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.

Keywords: Oaktree Capital Management, South Gate , Senior Associate, Internal Audit, Accounting, Auditing , Los Angeles, California