Summer Associate Internship (Internal Audit - Strategic Audit)

At Navy Federal, Internal Audit’s goal is to provide independent, objective assurance and advisory services designed to evaluate and improve the effectiveness of the risk management process. Internal Audit accomplishes its objectives by bringing a systematic, disciplined approach to auditing to evaluate and improve the effectiveness of risk mitigation across all facets of the business.

Internal Audit includes a diverse range of professionals including certified auditors, subject matter experts who specialize in IT, finance, fraud, regulatory requirements, and data, as well as strategic personnel, all working collaboratively to ensure a seamless experience for Navy Federal and its members.

Navy Federal is growing and the environment in which we operate is rapidly evolving, posing new and unique risks to the enterprise. As a result, Internal Audit must continuously adapt to provide assurance to our business partners through a risk-based approach that evaluates the effectiveness of governance, risk management, and the internal control environment.

The Summer Associate will be a member of the Internal Audit Strategic Audit Team and will work in a hybrid capacity reporting to leadership at our Vienna, VA, Winchester VA, or Pensacola, FL campus. This team performs assurance and advisory services across the enterprise, focusing on key strategic initiatives and priorities within the organization. Responsibilities may include supporting control testing on in-flight advisory engagements, assisting with testing on issue closures, developing tools or templates to be used in the audit process, or performing in-depth research on emerging topics impacting internal audit. 

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.

Responsibilities

• Assist with advisory engagements to proactively support Navy Federal’s strategic priorities and initiatives

• Conduct preliminary research, participate in process walkthroughs, document process narratives and workflows, identify key risks and controls, and obtain evidence for testing

• Assist in performing testing. Apply critical thinking skills by seeking to understand and execute assigned testing and document results according to professional and internal standards

• Review and analyze evidence and adequately document testing results to support Internal Audit’s conclusion

• Identify and summarize potential findings and recommendations to discuss with senior team members in a timely manner

• Prepare workpapers to document relevant information obtained, analyzed, and evaluated that support conclusions

• Actively leverage Microsoft Copilot and AI agents as key tools in completing the summer project, to enhance research, analysis, automation, and deliverable development

• Manage workload/timelines and report delays and issues to management

• Collaborate with others throughout your internship, including with other Summer Associates

• Work well within the team environment, take on challenging stretch assignments for professional growth and development, and have fun! 

Qualifications

• Currently pursuing a bachelor’s degree or higher in Accounting, Business, Finance, Computer Science, or a related field

• Familiarity with the internal audit function and processes 

• Familiarity with  Copilot or other AI systems

• Effective research, critical thinking, analytical, and problem-solving skills

• Experience in following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations

• Interest in risk management, audit, and/or enterprise governance 

Additional Information

Hours: 

• Monday - Friday, 8:00 AM - 4:30 PM 

Locations:

• 820 Follin Lane, Vienna, VA 22180 

• 5510 Heritage Oaks Drive, Pensacola, FL 32526 

• 141 Security Drive, Winchester, VA 22602 

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.