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Navy Federal Credit Union

Summer Associate Internship (Risk Analyst)

Entry-Level JobVerifiedNo experience needed

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What they do

A Risk Consultant helps clients to evaluate risk and recommends strategies to mitigate or offset risks that could result in financial losses for a company or organization. May analyze risk in investments, business operations or technology systems at a company. May provide risk management consulting for life insurance, health insurance or other types of insurance companies.

$96,219 / year median in Virginia

-3% projected decline

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Job Description

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. Potential projects for the PVM Risk Office summer associate may include: Assisting in risk assessments for key operational areas Supporting control testing and validation activities Assisting with Third Party Risk Due Diligence Developing risk reporting tools and dashboards Researching emerging operational risk trends and regulatory developments Participating in process reviews to identify gaps and improvement opportunities Basic understanding of business and operating environment Knowledge and understanding of risk-based auditing techniques and methodologies Knowledge of applicable federal and state regulations, company policies, and industry best practices Experience with project management skills Knowledge of operational and regulatory risk controls concepts and practices Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience Background, experience or academic knowledge of organizational design concepts
Additional Information Hours:
Monday - Friday 8:00AM - 4:30
PM EDT Location:
820 Follin Lane, Vienna, VA 22180 Assist in conducting operational risk assessments and control evaluations Participate in process walkthroughs and document workflows, risks, and controls Analyze risk data and audit evidence to assess control effectiveness Support issue remediation and closure validation efforts Prepare documentation and work papers that support risk observations and recommendations Collaborate with cross-functional teams to identify and mitigate operational risks Contribute to the development of risk metrics, dashboards, and reporting tools Engage with other Summer Associates and team members to share insights and learnings