The Enterprise Operational Risk Management Division identifies, assesses, measures, mitigates, monitors, and reports organizational risks through strategic oversight of Business Unit Risk, Third-Party Risk Management, Business Resiliency Management, and Asset Risk Assessment. These programs use data-driven risk management and enterprise risk management tools to strengthen risk awareness, improve consistency, and support proactive management of strategic and operational risks.
The Summer Associate will support Third-Party Risk Management (TPRM) activities by assisting with program guidelines, process documentation, reporting materials, stakeholder communications, training materials, and opportunities to improve TPRM processes and supporting tools. Working within established program guidelines, the Summer Associate will help promote consistent adoption of TPRM requirements, collaborate with business units, risk owners, subject matter experts, and other enterprise partners, and contribute insights that support proactive operational risk management and sound decision-making across third-party risk activities.
Potential projects may include:
- Support TPRM program documentation and process improvements by summarizing updates, organizing materials, and identifying opportunities to improve clarity, consistency, and adoption.
- Assist with project coordination by tracking action items, timelines, status updates, and deliverables.
- Support the development of stakeholder communications and training materials that explain TPRM requirements, processes, and expectations.
- Gain exposure to third-party risk management by supporting vendor risk assessments, engagement with risk management subject matter experts, and related process activities.
- Compile and analyze TPRM data to inform program reporting, dashboards, program materials, and opportunities to improve risk management processes and supporting tools.
The Summer Associate Program is a 12-week internship program beginning in May 2027 and ending in August 2027. Students will contribute to meaningful projects and 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- Manage multiple priorities, deliverables, and timelines effectively
- Apply analytical, research, and problem-solving skills to support reporting, process improvements, and recommendations
- Communicate effectively through written materials, presentations, and team discussions
- Collaborate with team members and business partners to develop presentations, training content, and program materials
- Currently pursuing a degree in Operational Risk Management, Business, Finance, Information Technology, Computer Science, or a related field
- Familiarity with risk management best practices, risk and control concepts, third-party risk management, or related risk disciplines
- Familiarity with creating clear business materials, such as process maps, presentations, standard operating procedures, training guides, and other documents that explain processes or requirements
- Strong verbal, written, and interpersonal communication skills
Hours
Monday – Friday, 8:00 AM – 4:30 PM ET
Location
820 Follin Lane SE, Vienna, VA 22180
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.
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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 in Operational Risk Management, Business, Finance, Information Technology, Computer Science, or a related field
- Familiarity with risk management best practices, risk and control concepts, third-party risk management, or related risk disciplines
- Familiarity with creating process maps, presentations, standard operating procedures, training guides, and other business materials
- Strong verbal, written, and interpersonal communication skills
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.
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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.
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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.
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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
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
