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Summer Associate Internship

4 months ago

Vienna, United States Navy Federal Credit Union Full time

Overview

Our division consists of the Debit Cards Branch and the Fund Services Branch. We strive to provide unsurpassed service not only in our Navy Federal Debit Card, CUCARD, and Prepaid programs but in our payment related systems: ACH Origination Transactions, Western Unions, Cashier's Checks, and Bank Wire Transfers.

This Summer Associate will be supporting the Debit Card Analytics & Strategy team, focusing on the Navy Federal Debit Card product. Most of the spending at Navy Federal happens on the Navy Federal Debit Card, so understanding spend and driving innovation to achieve and protect top-of-wallet status is core to the organization. We are looking for a self-starter who is excited to make an impact and be an active partner in taking our business to the next level.

Depending on the applicant's experience, the project could be:

  • Evaluating early-month-on-book strategy, marketing, and supporting material to increase cardholder engagement
  • Evaluating online spend opportunities in key merchant groups (e.g., bill pay, subscription, streaming, food delivery) to develop an improved strategy and marketing plans by core segment
  • Developing new and/or streamline existing KPls and support automated dashboards/reporting

The Summer Associate Program is a 12-week internship program beginning in May 2025 and ending in August 2025. 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 2025 or later.

Responsibilities

  • Proactively identify and assess market information related to stakeholders within the payments ecosystem (e.g., consumer, issuer, networks, merchants) to support business goals and drive innovation, growth, and efficiencies
  • Develop business case to support findings/recommendations
  • Develop and present proposal on findings from analysis and research to all levels of management

Qualifications

  • Currently pursuing a Masters degree in Business Administration or other related degree
  • Experience with analysis, data manipulation, and research
  • Solid communication and presentation skills
  • Ability to work both collaboratively with others across varying business units and independently
  • Strong strategic, critical, and analytical thinking skills
  • Product management experience and/or basic knowledge of financial services/payments a plus

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. * Best Companies for Latinos to Work for 2024 * Computerworld Best Places to Work in IT * Forbes 2024 America's Best Large Employers * Forbes 2023 The Best Employers for New Grads * Fortune Best Workplaces for Millennials 2023 * Fortune Best Workplaces for Women 2023 * Fortune 100 Best Companies to Work For 2024 * Military Times 2023 Best for Vets Employers * Newsweek Most Loved Workplaces * Ripplematch Campus Forward Award - Excellence in Early Career Hiring * Yello and WayUp Top 100 Internship Programs From Fortune. 2024 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: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process. 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 Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.