Navy Federal Credit Union Logo

Navy Federal Credit Union

Summer Associate Internship (Enterprise Operational Risk Management)

Posted 5 Days Ago
Be an Early Applicant
Remote or Hybrid
Hiring Remotely in United States
Internship
Remote or Hybrid
Hiring Remotely in United States
Internship
Supports enterprise operational risk management through risk assessments, reporting, dashboards, data analysis, application quality-gate reviews, and stakeholder collaboration. The intern helps oversee business-unit risk activities, third-party risk, business resiliency, asset risk, governance, and control mitigation. Responsibilities include translating risk processes, researching issues, developing presentations, communicating findings, and supporting data-driven decision-making across the enterprise.
The summary above was generated by AI

The Enterprise Operational Risk Management (EORM) Division identifies, assesses, measures, mitigates, monitors, and reports various organizational risks. The division aligns to strategic oversight in Business Unit Risk, Third Party Risk Management (TPRM), Business Resiliency Management (BRM), and Asset Risk Assessment (ARA). These programs discover and challenge NFCU's overall enterprise risk posture to improve risk awareness and prioritize strategic risk management efforts. The output of these programs is data driven risk values utilizing a globally accepted enterprise anchor Governance Risk and Compliance (GRC) platform. As a 2nd Line of Defense at Navy Federal Credit Union specializing in oversight, guidance, and challenge the programs ensure effective risk management and compliance with policies and regulations.

 

The Summer Associate will provide professional execution of day-to-day tasks and special projects while working within established program guidelines. The Summer Associate will help drive the socialization results at scale and help ensure collaboration with Enterprise Technology Services (ETS) partners, Enterprise Data Governance (EDG) partners, Business Unit Risk Officers, NFCU asset Business and IT owners/delegates. Finally, the associate will assist in empowering proactive and efficient operational risk management and support sound decision-making across the enterprise by providing insights and oversight relating to Business Units risk-taking activities.

 

Potential projects include: 

 

  • Compiling the generation of not only risk prioritization, reporting and dashboards, but also high value attribute data population

  • Conducting assessments for net new Navy Federal applications and analyzing quality gates and checkpoints 

  • Analyzing data, and utilizing presentation skills to design and develop Business Unit awareness, reports and dashboards

 

The Summer Associate Program is a 12-week internship program beginning in May 2027 and ending in August 2027. 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 2027 or later. 

Responsibilities
  • Effective management of multiple priorities 

  • Translation of operational risk processes into easily understood terms 

  • Advanced research, analytical, and problem-solving skills 

  • Proficient verbal and written communication skills 

  • Advanced skill presenting findings, conclusions, alternatives, and information clearly and concisely 

  • Advanced skill working with all levels of management, supervisors, stakeholders and vendors 

  • Experience creating/editing presentations using software or other types of material/media 

Qualifications
  • Currently pursuing a degree in Operational Risk Management, Cybersecurity, Information Technology (IT), Computer Science, or other related field 

  • Familiarity in governance best practices for control mitigation, Vulnerability Management, Business Continuity, Third Party Risk Management, Data Loss Prevention, Network and Cloud Security, etc.

  • Verbal, written, interpersonal skills to communicate clearly and concisely technical and non-technical information to all levels of management and a strong emotional quotient


Additional Information

 

Hours: 

  • Monday – Friday, 8:00 AM – 4:30 PM 

 

Locations:

  • 820 Follin Lane SE, Vienna, VA 22180

  • 5510 Heritage Oaks Drive, Pensacola, FL 32526 

  • 141 Security Drive, Winchester, VA 22602

  • Remote

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.

Our approach to careers is simple yet powerful: Make our mission your passion.

  • FORTUNE 100 Best Companies to Work For® 2025
  • Yello and WayUp Top 100 Internship Programs
  • Computerworld® Best Places to Work in IT
  • Newsweek Most Loved Workplaces
  • 2025 PEOPLE® Companies That Care
  • Newsweek Most Trustworthy Companies in America
  • Military Times 2025 Best for Vets Employers
  • Best Companies for Latinos to Work for 2025
  • Forbes® 2025 America’s Best Large Employers
  • Forbes® 2025 America's Best Employers for New Grads
  • Forbes® 2025 America's Best Employers for Tech Workers
  • 2025 RippleMatch Campus Forward Award Winner for Overall Excellence 
  • Military.com Top Military Spouse Employers 2025 
  • 2025 Handshake Early Talent Award

From Fortune. ©2025 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: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.

Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at [email protected] or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.

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. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.

Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.

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

Navy Federal Credit Union Milton, Illinois, USA Office

Milton, United States

Similar Jobs

22 Minutes Ago
In-Office or Remote
152K-200K Annually
Senior level
152K-200K Annually
Senior level
Consumer Web • Healthtech • Professional Services • Social Impact • Software
Partner with cross-functional leaders to translate business plans into financial plans, drive capital allocation, build business cases, own budgeting and forecasting, analyze variances, and define trusted KPIs. The role influences strategic decisions across Product, Sales, Marketing, Operations, and People while applying AI tools to improve financial analysis and decision-making.
Top Skills: Ai Tools
22 Minutes Ago
Remote or Hybrid
Chicago, IL, USA
76K-126K Annually
Senior level
76K-126K Annually
Senior level
Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
Manages strategic financial services accounts, builds executive relationships, leads account planning and client business reviews, identifies retention and expansion opportunities, coordinates internal resources, and drives adoption of new products. The role requires prospecting, negotiation, deal closing, and trusted-advisor engagement with complex organizations. It is remote with occasional in-person work-related events.
23 Minutes Ago
Remote or Hybrid
137K-185K Annually
Senior level
137K-185K Annually
Senior level
Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Leads CRM and AI solution sales within financial services, developing territory strategies, identifying opportunities, conducting executive briefings and discovery workshops, and closing enterprise transformation deals. Serves as the financial services CRM authority, partners with solution consultants and implementation partners, and enables account executives and sales development teams. Requires consultative selling expertise, enterprise software experience, and strong knowledge of banking, insurance, or wealth management.
Top Skills: Ai-Powered WorkflowsArtificial IntelligenceCRMEnterprise SoftwareService Management PlatformServicenow

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account