Summer Associate Internship (Risk Analyst)
Overview
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
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
Responsibilities
- 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
Qualifications
- 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
Schedule
Hours: Monday – Friday 8:00AM - 4:30PM EDT
Location
820 Follin Lane, 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.
- FORTUNE 100 Best Companies to Work For® 2026
- Yello and WayUp Top 100 Internship Programs 2025
- Computerworld® Best Places to Work in IT 2026
- Most Loved Workplace – America's Top Most Loved Workplaces® 2025
- 2025 PEOPLE® Companies That Care
- Newsweek Most Trustworthy Companies in America 2026
- Military Times 2025 Best for Vets Employers
- Forbes® 2026 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
- 2026 Handshake Early Talent Award
- Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026
Additional Information
Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.