Schiffrin was placed on leave in January and its still employed at the firm, the paper said, citing people familiar with the matter. A Goldman spokeswoman declined to comment.

"Goldman’s compliance executives are seeking to determine whether Mr. Schiffrin’s desk may have violated the firm’s policies in booking certain inflation trades, in which government bonds and their derivatives are used as hedges," the online WSJ article said.

The review of the inflation trades will end shortly and Schiffrin will return to work, a person familiar with the matter told the paper.

(Reporting by Richard Leong; Editing by Bill Rigby)