Overview

Department

At Navy Federal, Internal Audit’s (IA) goal is to provide independent, objective assurance and advisory services designed to evaluate and improve the effectiveness of the risk management process. IA accomplishes its objectives by bringing a systematic, disciplined approach to auditing to evaluate and improve the effectiveness of risk mitigation across all facets of the business.

IA includes a diverse range of professionals including certified auditors, subject matter experts who specialize in IT, finance, fraud, regulatory requirements, and data, as well as strategic personnel, all working collaboratively to ensure a seamless experience for Navy Federal and its members.

Potential Projects

Navy Federal is growing and the environment in which we operate is rapidly evolving, posing new and unique risks to the enterprise. As a result, Internal Audit must continuously adapt to provide assurance to our business partners through a risk-based approach that evaluates the effectiveness of governance, risk management, and the internal control environment.

The Summer Associate will be a member of the Internal Audit Technology & Analytics Team composed of data analysts and other technology-focused personnel. The team employs quantitative tools and techniques to support strategic initiatives like the expansion of the Continuous Risk Assessment Program, in addition to performing data-driven, 100% population testing on audits.

The Summer Associate will work in a hybrid capacity and report to leadership at our Vienna, VA or Pensacola, FL campus. Responsibilities could include applying data analysis, dashboarding and reporting skillsets to provide actionable insights to management and executive leadership.

The Summer Associate Program is a 12-week internship program beginning in May 2025 and ending in August 2025. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of December 2025 or later.

Responsibilities

• Use exploratory data analysis, statistical analysis, and other techniques to assess levels of risk within a process

• Develop dashboards and other visual aids to communicate insights and actional intelligence to management

• Document and maintain project plans and other supporting documentation for analytic work products

• Support Technology & Analytics personnel in the acquisition, cleaning, and transformation of data sets in preparation for additional analysis

• Assist with the creation of reports to communicate observations and recommendations to the rest of the department

• Maintain the highest level of customer support through proactive identification and support of implementation of continuous improvement initiatives

• Communicate system and technical concerns to management, ensure current information is shared in a timely manner

• Collaborate with others throughout your internship, including with other Summer Associates

• Work well within the team environment, take on challenging stretch assignments for professional growth and development, and have fun!

Qualifications

• Currently pursuing a bachelor’s degree or higher in Data Analytics, Statistics, Business, Finance, Computer Science, or a related field

• Familiarity with tools such as Excel, Power BI, Tableau, Python and SQL

• Effective research, analytical, and problem-solving skills

• Experience in following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations

• Interest in risk management, audit, and/or enterprise governance

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

• Best Companies for Latinos to Work for 2024

• Computerworld® Best Places to Work in IT

• Forbes® 2024 America's Best Large Employers

• Forbes® 2023 The Best Employers for New Grads

• Fortune Best Workplaces for Millennials™ 2023

• Fortune Best Workplaces for Women ™ 2023

• Fortune 100 Best Companies to Work For® 2024

• Military Times 2023 Best for Vets Employers

• Newsweek Most Loved Workplaces

• Ripplematch Campus Forward Award - Excellence in Early Career Hiring

• Yello and WayUp Top 100 Internship Programs

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

REQNUMBER: 20740