Summer Associate Internship

2 weeks ago


Vienna, United States Navy Federal Credit Union Full time

Overview Our CECL (Current Expected Credit Loss) Quantitative Modeling Team operates at the heart of the Lending Business unit, building accurate credit loss forecasting models through advanced statistical technique, and playing a pivotal role in ensuring the financial stability of Navy Federal Credit Union by informing CU leaders the right level of credit reserve recommendations. Our team’s primary responsibility is to develop and implement advanced quantitative models that enable accurate assessments of potential credit losses across our lending portfolio. The Summer Associate will work in a flexible hybrid manner and report to leadership at our Vienna, VA campus. Responsibilities will include analyzing data and participating in activities related to quantitative modeling. As part of the team, you will have the chance to work on real-world projects, collaborate with seasoned professionals, and contribute to impactful initiatives. You’ll gain exposure to quantitative modeling techniques commonly employed by nation’s largest financial institutions, and learn analytical skills applied to large financial data. Potential projects include following. Develop models to test and evaluate different modeling techniques Investigating and analyzing potential model performance-improving independent variables Analyzing model performance and understanding the cause of prediction errors Finding potential performance-improving changes to the existing models Model sensitivity analysis Analyzing portfolio shifting and its impacts Economic research relating to portfolio performance Automating modeling related activities using R or Python 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 Perform data pull from source data systems and prepare data for analysis or model development Analyze data to understand its impact on model performance Participate in model development, model execution and model monitoring related activities Work with experienced modeling professionals within the team to support various initiatives Perform other ad hoc analysis Prepare reports of analytical findings Qualifications Currently pursuing a master’s or PhD degree in a quantitative field like statistics, computer science, data science, quantitative finance, or economics Experience with research, analysis, and data manipulation Experience using programming and analytic tools such as: Python, R, SQL, or Tableau Strong problem-solving, critical, and analytical thinking skills Good communication and presentation skills Comfort working with large datasets and understand the basic database concepts Ability to work independently and think outside of the box 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. REQNUMBER: 20699



  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    Job OverviewNavy Federal Credit Union is seeking a highly motivated and detail-oriented individual to join our Collections Division as a Summer Associate Intern. As a key member of our team, you will assist in the preparation and execution of the yearly debt sale, review files, process payments, and perform system clean-up efforts.You will have the...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    Job Summary:Navy Federal Credit Union is seeking a highly motivated and detail-oriented individual to join our team as a Summer Associate Internship. As a member of our Collections team, you will play a critical role in supporting our recovery efforts and contributing to the success of our organization.Key Responsibilities:Perform administrative duties in...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    About the RoleThe Savings and Membership Department (SMD) Learning Solutions team is seeking a highly motivated and detail-oriented Summer Associate to join our team for a 12-week internship program. As a Summer Associate, you will have the opportunity to work on impactful projects and contribute to the development of our learning...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    Job SummaryWe are seeking a highly motivated and detail-oriented individual to join our Procurement and Vendor Management team as a Summer Associate Intern. This 12-week internship program provides students with the opportunity to gain hands-on experience in procurement operations, communications, and training.Key ResponsibilitiesSupport the development and...


  • Vienna, United States Navy Federal Credit Union Full time

    Overview Team Overview: Our team provides support to the recovery team that collects on charged off lending losses for the Credit Union. That support includes back-office duties, a team of contractors who work parallel to our LCR team to help recover losses and managing a yearly debt sale. Summer is our peak time for the yearly debt sale preparation and...


  • Vienna, VA, United States Navy Federal Credit Union Full time $26 - $46

    Navy Federal’s Enterprise Risk – Data Risk Governance team is responsible for driving enterprise-wide data governance excellence by establishing best practices, fostering collaboration, and ensuring compliance to enhance data quality and trust. Data Risk Governance leads the following areas: Develops, matures & maintains Enterprise Data Governance...


  • Vienna, United States Navy Federal Credit Union Full time

    Overview Workforce Intelligence (WFI) is a new branch of Workforce Optimization within Contact Center Operations (CCO). WFI is a highly skilled cross-functional team that has a passion for creating effective analytic solutions and driving business decisions with the use of machine learning models and data insights while easing the workload of teams through...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    About the RoleWe are seeking a highly motivated Summer Associate to join our Debit Card Analytics & Strategy team at Navy Federal Credit Union. This 12-week internship program will provide a unique opportunity for students to gain hands-on experience in the payments industry and contribute to the success of our business.ResponsibilitiesThe successful...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    About the RoleWe are seeking a highly motivated and detail-oriented Summer Associate to join our Debit Card Analytics & Strategy team. As a Summer Associate, you will have the opportunity to work on impactful projects and contribute to the growth and development of our business.ResponsibilitiesProactively identify and assess market information related to...


  • Vienna, United States Navy Federal Credit Union Full time

    Overview Team Overview: The Security Automation team is situated within the Advanced Cyber Initiatives branch and Information Security Division of Navy Federal's Security Department. The Security Department is responsible for the monetary safety of its members and employees. The Security Automation team's primary responsibilities are to improve operational...


  • Vienna, United States Navy Federal Credit Union Full time

    Overview The Fraud Data & Reporting (FDR) team provides actionable intelligence that guides Navy Federal's fraud mitigation efforts, accomplished through dashboards, reporting and analysis. Our intelligence supports data driven decision-making for Security Division leadership and an efficient Fraud Operations workforce. FDR collaborates with partners within...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    Job SummaryNavy Federal Credit Union is seeking a highly motivated and detail-oriented Summer Associate to join our Enterprise Portfolio Management Office (EPMO) team. As a Summer Associate, you will have the opportunity to work on impactful projects and contribute to the development of our technology portfolio management processes.Key ResponsibilitiesWork...


  • Vienna, United States Navy Federal Credit Union Full time

    Overview This Summer Associate role will be a member of the Credit Card Acquisitions team responsible for establishing healthy credit member relationships to drive sustainable retail and small business portfolio growth. The "A-Team" oversees Acquisition Offer Management, Performance Monitoring, and New Product Development. This role will support launch of...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    About the RoleNavy Federal Credit Union is seeking a highly motivated and detail-oriented Summer Associate to join our Digital Payments Product Strategy and Portfolio team. As a Summer Associate, you will work closely with our team to develop and execute strategic forecasts, action plans, department policies, standards, and processes centered around Payment...


  • Vienna, Virginia, United States Navy Federal Credit Union Full time

    OverviewNavy Federal Credit Union is seeking a highly motivated and detail-oriented Summer Associate to join our Lending team. As a Summer Associate, you will have the opportunity to work on impactful projects and gain valuable experience in a dynamic and supportive environment.ResponsibilitiesAnalyze and visualize data sets to provide insights and track...


  • Vienna, United States Navy Federal Credit Union Full time $38 - $46

    OverviewIs this the next step in your career Find out if you are the right candidate by reading through the complete overview below.Workforce Intelligence (WFI) is a new branch of Workforce Optimization within Contact Center Operations (CCO). WFI is a highly skilled cross-functional team that has a passion for creating effective analytic solutions and...


  • Vienna, United States Navy Federal Credit Union Full time

    OverviewWorkforce Intelligence (WFI) is a new branch of Workforce Optimization within Contact Center Operations (CCO). WFI is a highly skilled cross-functional team that has a passion for creating effective analytic solutions and driving business decisions with the use of machine learning models and data insights while easing the workload of teams through...


  • Vienna, United States Navy Federal Credit Union Full time

    Overview The Chief of Staff (CoS), Integrated Strategic Engagement team's goal is to support Navy Federal's President & CEO, Chief Operating Officer, and senior executive leadership team by driving strategic engagement and communication with all internal and external stakeholders A Summer Associate will be selected to collaborate with leadership and...


  • Vienna, United States Navy Federal Credit Union Full time $38 - $46

    OverviewApplying for this role is straight forward Scroll down and click on Apply to be considered for this position.As a member of the Baseline Analytics Data Engineering team, the Data Engineer Summer Associate will focus on creating new data pipelines that use powerful cloud tools to deliver data and insights to analysts at NFCU.Potential Projects:Build...


  • Vienna, United States Navy Federal Credit Union Full time

    OverviewApplying for this role is straight forward Scroll down and click on Apply to be considered for this position.As a member of the Baseline Analytics Data Engineering team, the Data Engineer Summer Associate will focus on creating new data pipelines that use powerful cloud tools to deliver data and insights to analysts at NFCU.Potential Projects:Build...