Overview
The Real Estate Analytics & Data Science Summer Associate will work to complete an analysis of the Navy Federal mortgage lending operation in terms of developing an inputs/outputs matrix for simulating the impacts of staffing, technology, or process changes on the mortgage origination process. The proposed project will involve simplifying the mortgage origination process, including cross-organizational dependencies, into a matrix of key input variables that impact three key outcomes: member satisfaction scores, origination volume, and cycle time.
The Mortgage Lending team currently utilizes a distributed method for evaluating the impacts of changes to various parts of the operation and how these changes will impact member satisfaction, cycle time, and booked volume. The Summer Associate will develop a streamlined framework that will give all interested parties (Field Mortgage, Processing, Underwriting, and Closing) a singular tool to estimate how various operational changes impact the business end to end. The project objective will be to obtain an impartial look at the current reporting capabilities and enhance them by building an interactive tool, allowing leadership to drive production and improve efficiency and quality at all levels.
The Summer Associate Program is a 12-week internship program beginning in May 2024 and ending in August 2024. 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 2024 or later.
Responsibilities
Research and analyze the Real Estate Lending department operations, structure, and organization
Complete a business structure analysis of Navy Federal mortgage lending, specifically in the context of analyzing how our current structure drives, inhibits, or enhances the mortgage lending process
Analyze the department's current state to discover opportunities for increasing efficiency and finding areas to improve
Work directly with project leads to understand requirements and propose key analytics solutions to drive effective decision-making and influence business objectives
Present findings and recommendations to stakeholders across the credit union, including executive level management
The proposed project will consist of a machine learning model to drive originations for Real Estate
Qualifications
Currently pursuing a graduate degree in Applied Analytics, Business Analytics, Data Science, or other related degree
Machine Learning, Data Analytics, and Data Visualization experience
Experience with Python, Pyspark, or R
Knowledge of cloud technologies (Databricks, Microsoft Azure)
Experience with SQL
Experience with data visualization (PowerBI, Tableau)
Excellent communication and presentation skills
Experience working with ambiguous problems
Curious and excited to collaborate with various business units
Ability to work independently and think outside of the box
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: Remote | 820 Follin Ln, Vienna, VA 22180 | 5550 Heritage Oaks Dr, Pensacola, FL 32526
Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report onsite 4-16 days each month. The number of days reporting onsite will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and onboarding process.
About Us
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:
- Military Times 2022 Best for Vets Employers
- WayUp Top 100 Internship Programs
- ForbesR 2022 The Best Employers for New Grads
- Fortune Best Workplaces for Women
- Fortune 100 Best Companies to Work ForR
- ComputerworldR Best Places to Work in IT
- Ripplematch Campus Forward Award - Excellence in Early Career Hiring
- Fortune Best Place to Work for Financial and Insurance Services
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
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: 14167-OTHLOC-300000025810540
