Summer Associate Internship (Credit Risk Analsyt) Job at Navy Federal Credit Union, Vienna, VA

MVdjVFUzZCt5aU5pR3U4RlZVekh3U3RtTWc9PQ==
  • Navy Federal Credit Union
  • Vienna, VA

Job Description

Overview

The Enterprise Credit Risk team provides independent second-line oversight for all credit union lending activities. The department is responsible for ensuring all lending products operate within the organizations lending risk appetite by providing credit challenge to the first line risk strategy team and business units that originate and manage credit exposure to members of the credit union. In addition, the department ensures credit risk is effectively managed through independent reporting, analysis, and modeling efforts. This independence is part of a critical system of checks and balances to ensure the credit union does not take excessive risk while in pursuit of growth or other financial goals.

This role will be a member of the Credit Risk Analytics, Modeling, and Monitoring team which provides the Enterprise Credit Risk department with all data, analytics, and modeling needs. The purpose of the team is to provide leadership with the best information possible to make empirically informed business decisions.

The Summer Associate will work out of our headquarter office in Vienna, VA alongside seasoned risk professional across multiple consumer lending products including Credit Card, Auto, and Real Estate Lending. Projects will include multiple phases of the analytical life cycle including data extraction and manipulation, data visualization and automation, and decision science analytics. Projects will be tailored to each Summer Associates education and experience level. In addition to day-to-day activities and longer-term project work, the summer associate will receive formal training in credit risk management to enhance their learning and accelerate their ability to contribute to the team in a meaningful way.

The Summer Associate Program is a 12-week internship program beginning in May 2026 and ending in August 2026. 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 2026 or later.

Responsibilities

Assist in providing data-driven insights by analyzing historical loan performance data, financial statements, and alternative data sources to identify opportunities for enhancing credit risk strategies.
Conduct routine research and analysis on wholesale credit and counterparty risk, including evaluating the viability of debt issuers, guarantors, and vendors.
Analyze annual reports, financial metrics, industry trends, and company performance to assess the creditworthiness of debt issuers.
Assist in the development of challenger loss forecasting models and track performance metrics through monitoring frameworks and reports.
Evaluate changes in the financial, economic, regulatory, and competitive environment to determine their impact on creditworthiness.
Participate in root-cause analyses to uncover key performance drivers and suggest improvements.
Aid in creating and maintaining monitoring reports to track key credit risk indicators (KRIs) and financial performance.
Collaborate with cross-functional teams, including product, marketing, and finance, to support risk analysis for product and operational strategies.
Contribute to the preparation of reports for senior management, highlighting emerging risks and key financial insights.
Present findings to senior analysts and support executive-level communications on credit and financial risk management decisions.
Communicate analytical insights effectively within the team to support informed decision-making and strategy execution.

Qualifications

Currently pursuing a bachelors or graduate degree in a related field with a quantitative focus
Experience with research, analysis, and data manipulation
Experience using data and analytic tools such as: Excel, SQL, Tableau, PowerBI, SAS, Python, R, or other data manipulation tools
Good communication and presentation skills
Comfort working with large datasets and telling stories with data
Ability to work independently and think outside of the box
Strong strategic, critical, and analytical thinking skills
Basic knowledge of financial services a plus

Hours: Monday Friday 8:00AM - 4:30PM

Location: | 820 Follin Lane, Vienna, VA 22180 with limited Hybrid flexibility

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.

Best Companies for Latinos to Work for 2024

Computerworld Best Places to Work in IT

Forbes 2025 America's Best Large Employers

Forbes 2024 America's Best Employers for New Grads

Forbes 2024 America's Best Employers for Tech Workers

Fortune Best Workplaces for Millennials 2024

Fortune Best Workplaces for Women 2024

Fortune 100 Best Companies to Work For 2025

Military Times 2024 Best for Vets Employers

Newsweek Most Loved Workplaces

2024 PEOPLE Companies That Care

Ripplematch Recruiting Choice Award

Yello and WayUp Top 100 Internship Programs

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 race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.

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 teams 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

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

by Jobble

Job Tags

Summer work, Internship, Work at office, Monday to Friday,

Similar Jobs

Mosaic

Direct Support Professional Job at Mosaic

 ...Hiring for: Full-time and Part-time day and evening positions! On-Call position also available; hours vary based on schedule needs! Starting Wage $14.04 per hour! If making a positive impact in the lives of others is always on your to-do list -- you'll LOVE working... 

Impact Christian Schools

Substitute Teachers Job at Impact Christian Schools

 ...School, & Mount Horeb Christian School VACANCY:Substitute Teachers VACANCY DESCRIPTION:Impact Christian Schools (ICS) is seeking...  ...worked more than fifteen (15) teaching assignments at HPCS) Retired Substitutes: $180.00 per day ( Those who have worked at an... 

Cammisa Markel PLLC

Entry Level Paralegal / Legal Administration Assistant Job at Cammisa Markel PLLC

 ...important for the person who is assisting with the technology part of...  ...offices. Prior experience with legal case management software (e.g....  ...software. Prior experience with data entry and legal case management...  ...Use the subject line: Entry Level Paralegal / Legal... 

ETCH Transport Company Inc.

Personal Vehicle Delivery Driver Job at ETCH Transport Company Inc.

 ...for this Holiday Season! Alternative Vehicle Program (AVP) -Delivery Driver Use Personal Vehicle Most routes are in North Little Rock...  ...requirements listed below will work) HIRING IMMEDIATELY.Prior package delivery experience a plus but not necessary. Join us just... 

Coretek Services

Senior Service Desk Analyst- Night Shift Job at Coretek Services

 ...Coretek is searching for a highly motivated Senior Service Desk Analyst to join as a key member of our Service Desk Team. The Senior...  ...processes. The candidate will be responsible for providing exceptional customer service to internal Coretek employees and external clients....