The Mortgage Assumptions Team, within Real Estate Mortgage Servicing, manages the transfer of mortgage loan obligations through the assumption process while ensuring compliance with investor, regulatory, and servicing requirements. The team partners closely with Member Services, Collateral Review, Compliance, Risk, and Technology to deliver an efficient and positive member experience.
The Summer Association Intern will support operational excellence and servicing modernization initiatives by assisting with business reporting, process improvement, workflow analysis, and operational performance tracking. The intern will gain exposure to the end to end assumption process, collaborate with cross-functional partners, analyze business trends, and contribute to projects focused on improving efficiency, scalability, and member experience.
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.
ResponsibilitiesPotential Projects
The Summer Association may support a variety of initiatives, including:
Analyzing assumption production, inventory, cycle times, and service level performance to identify trends and improvement opportunities.
Assisting with the development of dashboards, scorecards, and reporting tools to support leadership decision-making.
Supporting process improvement and Servicing Modernization initiatives by documenting workflows and recommending efficiency enhancements.
Evaluating opportunities to automate manual processes and improve operational controls.
Assisting with workforce planning, capacity analysis, and productivity reporting.
Researching member experience trends and developing recommendations to streamline the assumption journey.
Partnering with cross-functional teams on projects focused on operational excellence, risk management, compliance, and service delivery improvements.
Responsibilities
Analyze assumption production, inventory, cycle times, and service level performance.
Assist with developing dashboards, scorecards, and operational reports.
Support process improvement and Servicing Modernization initiatives.
Identify opportunities to improve efficiency, automation, and operational controls.
Conduct data analysis to support workforce planning, productivity, and business decisions.
Collaborate with cross-functional teams, including Member Services, Compliance, Risk, and Technology.
Prepare presentations, reports, and recommendations for leadership.
Participate in business reviews and present project findings at the conclusion of the internship.
- Perform other related duties as assigned
Proficiency with Microsoft Office, particularly Excel and PowerPoint.
Strong analytical, research, and problem-solving skills.
Ability to interpret data and provide recommendations.
Strong written and verbal communication skills.
Ability to work independently and collaboratively in a team environment.
Experience with Power BI or other reporting tools is a plus.
Additional Information
Hours:
- Monday – Friday, 8:00AM - 4:30 PM CT
Location:
- 5550 Heritage Oaks Dr Pensacola, FL 32526
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
- Anticipated graduation date of December 2027 or later
- Proficiency with Microsoft Office, particularly Excel and PowerPoint
- Strong analytical, research, and problem-solving skills
- Ability to interpret data and provide recommendations
- Strong written and verbal communication skills
- Ability to work independently and collaboratively in a team environment
- Experience with Power BI or other reporting tools
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
