Summer Associate Graduate Intern (Internal Audit, Risk & Innovation)
YOUR LIFE’S MISSION: POSSIBLE
You have goals, dreams, hobbies and things you’re passionate about.
What’s Important to You Is Important to Us
We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we’re looking for team members who are passionate about our mission—making a difference in military members’ and their families’ lives. Together, we can make it happen.
Don’t take our word for it.
• FORTUNE 100 Best Companies to Work For®
• Computerworld® Best Places to Work in IT
• FORTUNE® Best Workplaces for Millennials
• Forbes® America’s Best Employers
About Navy Federal:
Selected as one of FORTUNE magazine’s 100 Best Companies to Work For in 2021. Navy Federal Credit Union (NFCU) is the world’s largest credit union with over 10.8 million members, over $149 billion in assets, over 347 branches around the world and a workforce of over 22,800. Navy Federal’s field of membership is all active duty and retired Department of Defense personnel (Army, Marine Corps, Navy, Air Force and Reservists), Veterans, Department of Defense contractors, and their family members. Navy Federal Headquarters is in Vienna, VA. There are also campuses in Pensacola, FL and Winchester, VA. For more information, view the links on the “About Us” page: https://www.navyfederal.org/about/about.php
The Summer Associate Graduate Intern Program is a 10+ week program beginning in June 2022 and ends in August 2022. The long-term intention for this program is to hire interns that prove their aptitude into full time roles. To qualify for an internship, applicants must be currently pursuing a graduate or PHD level degree from an accredited college or university and have an anticipated graduation date after the final day of the internship (December 2022 or later).
Internal Audit provides independent, objective assurance and consulting activity designed to add value and improve Navy Federal’s operations. Internal Audit assists Navy Federal in accomplishing its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Job Description Overview
Navy Federal is growing rapidly and the environment in which we operate is in constant flux, posing new and unique risks to the enterprise. Internal Audit needs to continuously evolve to provide assurances, through a risk-based approach on the effectiveness of governance, risk management, and internal control environment.
Summer Associate Graduate Intern will work remotely and report to leadership at our Vienna, VA campus. Responsibilities will include identifying areas of emerging risk that impact strategic goals and using that information to create an advisory engagement program that is in alignment with Navy Federal’s strategic plan. Areas of focus may include enterprise risk management and process improvement, among other things. Essential to the position is an ability to build relationships across the enterprise and be a quick learner to understand operations and make recommendations that produce results.
This role will be a member of the Internal Audit Risk & Innovation (IA Risk) Team – a versatile group of problem solvers with a wide variety of skills and experience. The IA Risk team has a wealth of expertise in Risk Management, Project Management, and Change Management. We apply these skills daily as we represent Internal Audit on initiatives, plan and execute on strategy, and support executive leadership in the daily operation of Internal Audit.
Currently pursuing master’s degree or higher in related field
Effective oral and written communication skills
Effective word processing and spreadsheet software skills
Significant experience in the application of risk management and process improvement skills
Advanced research, analytical, and problem-solving skills
Advanced skill following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations
Advanced skill interpreting and synthesizing large amounts of information
Cover Letter (Optional)
As a COVID-19 safety measure, our employees must either provide proof of COVID-19 vaccination or follow additional safety protocols, including testing.
Due to COVID-19 and social distancing, this position will be temporarily working from home with plans to return to campus at the desired location listed once Navy Federal is back to normal operations. The specific logistics for returning to campus will be determined at a future date by individual leadership.
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
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.
Bank Secrecy Act
Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.