Overview
To gain valuable insight into Navy Federal's business, technology, resources and procedures by providing support in focused area of BSA/AML and OFAC Compliance, applying knowledge and education. Participate in a collaborative, team driven network and interact with multiple departments. Receive guidance and direction from team and management. Utilize and further develop technical and soft skills, business knowledge, analytical techniques and creative problem-solving abilities. Provide professional execution of day-to-day tasks and special projects while working within established standards, policies and procedures. This is a Year-Round, full-time internship that ideally aligns most work during normal business hours to allow for training and collaboration opportunities.
Navy Federal's BSA/AML and OFAC Compliance team is responsible for monitoring, reporting, and recordkeeping for regulatory requirements under the Bank Secrecy Action and Office of Foreign Assets Control. The team currently has multiple Intern positions available in areas of suspicious activity reporting to FinCEN, OFAC compliance, project support and training.
Responsibilities
Provide support to assigned department; may work on small projects or portions of larger projects
Support business strategy and initiatives within the business unit and/or across the organization
Assist and collaborate with various levels of staff to accomplish tasks/assignments
Compile, prepare and maintain data for analysis and reference
Maintain professionalism in all interactions, placing member service as priority
Provide comprehensive day-to-day operational support
Provide support in functional areas of the credit union
Maintain required documentation for regulatory reporting, law enforcement, NCUA, and internal audit
Create detailed reports of investigations to include actions taken and results
Learn and retain required knowledge of applicable federal/state laws and regulations, and Navy Federal policies
Perform other duties as assigned
Qualifications
Must be pursuing a degree from an accredited college/university
Effective interpersonal, verbal, and written communication skills
Effective research, analytical, and problem solving skills
Effective skill maintaining accuracy with attention to detail and meeting deadlines
Ability to exercise initiative and good judgment to make sound decisions
Ability to adapt to new technologies
Effective word processing and spreadsheet software skills
Effective organizational, planning and time management skills
Ability to work independently and in a team environment
Desired Qualifications
Experience working with a federally regulated financial institution
Demonstrated interest in fighting financial crime, anti-money laundering, policy and regulatory compliance, and/or professional project support experience
Communication with impact and be committed to self-development
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: 13945
