Summer Associate Internship (Enterprise Operational Risk Management)

Posted 2 Days Ago
Be an Early Applicant
4 Locations
Remote or Hybrid
Internship
Financial Services
The Role
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.
Summary Generated by Built In

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.

Skills Required

  • Currently pursuing a degree from an accredited college or university with an anticipated graduation date of December 2027 or later
  • Degree studies in Operational Risk Management, Cybersecurity, Information Technology, Computer Science, or a related field
  • Familiarity with governance best practices for control mitigation, vulnerability management, business continuity, third-party risk management, data loss prevention, network security, and cloud security
  • Advanced research, analytical, and problem-solving skills
  • Proficient verbal and written communication skills
  • Advanced presentation skills, including clearly presenting findings, conclusions, alternatives, and information
  • Ability to manage multiple priorities
  • Ability to work with management, supervisors, stakeholders, and vendors
  • Experience creating or editing presentations and other materials or media
  • Strong interpersonal skills and emotional quotient for communicating technical and non-technical information

Navy Federal Credit Union Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Navy Federal Credit Union and has not been reviewed or approved by Navy Federal Credit Union.

  • Retirement Support A pension alongside a strong 401(k) match and additional retirement programs makes long‑term value a standout element of the total package. This combination is positioned as a differentiator among private employers.
  • Healthcare Strength Comprehensive medical, dental, and vision coverage is complemented by on‑site health services at major campuses. Wellness resources and typical offerings like an EAP broaden the health support available.
  • Parental & Family Support Paid parental leave, plus adoption and surrogacy assistance, indicate meaningful support for growing families. Education assistance further extends family and life‑stage support.

Navy Federal Credit Union Insights

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The Company
HQ: Vienna, VA
15,930 Employees
Year Founded: 1933

What We Do

Navy Federal Credit Union is the world's largest credit union with over 12 million members, over $160 billion in assets and over 22,000 employees. As a credit union, we have members, not customers. At our campuses in Vienna, VA, Pensacola, FL and Winchester, VA, and in our more than 350 branches, we serve the men and women of the Armed Forces, Department of Defense, veterans and their families. We deliver world-class service, rooted in the belief that it is an honor and privilege to serve our members. We are committed to providing our members outstanding financial products and services. Navy Federal offers a career, not just a job. We are proud of the robust Total Rewards package we offer to our employees, including competitive salaries, incentive programs, comprehensive medical, dental and vision benefits, retirement plans with employer match, award-winning training programs, professional development programs, tuition assistance, paid leave, and work/life programs. Federally insured by NCUA. Equal opportunity employer. Android™ is a trademark of Google, Inc. iPhone® is a registered trademark of Apple, Inc. iPad® is a registered trademark of Apple, Inc. App Store(SM) is a service mark of Apple, Inc. Message and data rates may apply. FORTUNE and 100 Best Companies to Work For are registered trademarks of Time Inc., and are used under license. FORTUNE and Time Inc., are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union. For more info, visit navyfederal.org

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