Overview
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, assess the reliability and integrity of financial and operational information, evaluate regulatory and policy compliance, and increase operational efficiencies. IA accomplishes its objectives by bringing a systematic, disciplined approach to auditing in order to evaluate and improve the effectiveness of risk mitigation across all facets of the business.
Do you enjoy problem-solving, attention to detail, and critical thinking? Auditing can be a fun and rewarding profession that offers a unique opportunity to work across multiple business units to help identify and mitigate potential risks to the organization. An internship with IA will allow students to acquire practical experience that combines theory and best practices with real-world application. Join our team and learn about Internal Audit's approach to risk mitigation by collaborating with experienced managers, business partners, as well as cross functional teams!
IA includes a diverse range of professionals including certified auditors, subject matter experts who specialize in IT, finance, fraud, regulations, and data, as well as strategic personnel, all working collaboratively to ensure a seamless experience for Navy Federal and its members.
The Summer Associate will work in a hybrid capacity, reporting to either Vienna, VA or Pensacola, FL. They will assist in day-to-day activities to drive completion of the 2024 Work Program. They will also be assigned special projects such as topic research, creation of training materials, etc.
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
Assist in the preliminary research to document process narratives and workflows
Brainstorm and identify key risks and controls
Use critical thinking skills to understand an assigned control and perform subsequent control testing
Review and analyze audit evidence to evaluate the design and determine the operating effectiveness of controls under review within the time budgeted
Identify and summarize potential issues and observations
Participate in Internal Audit strategic initiatives and function as a champion of change and continuous improvement
Perform other duties as assigned
Qualifications
Currently pursuing bachelor's degree or higher in related field (i.e., Business Administration, Accounting, etc.)
Effective oral and written communication skills
Skilled in various technologies, including Microsoft Word and Excel - ability to adapt to new technologies
Effective research, analytical, and problem-solving skills
Effective project and time management skills
Ability to interpret and synthesize large amounts of information
Preference for working in a collaborative environment and staying engaged with project team members
Hours: Monday - Friday 9:00AM - 5:30PM
Location: 820 Follin Lane, 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: 14137-OTHLOC-300000025810540
