Summer Associate Internship (Internal Audit - Operational Audit)

Overview

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 Operational Audit Team and will work in a hybrid capacity reporting to leadership at our Vienna, VA, Winchester VA, or Pensacola, FL campus. This team focuses on performing audits across Operational areas including Corporate Services, Lending, and Member Experience functions. Responsibilities may include supporting control testing on in-flight audits, 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 operational audits in accordance with Navy Federal and industry audit standards

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

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

• Review and analyze audit evidence and adequately document testing results to determine design and operating effectiveness of controls

• Identify and summarize potential issues and observations to discuss with the Auditor-In-Charge in a timely manner

• Prepare audit workpapers to document relevant information obtained, analyzed, and evaluated that support audit observations/issues and 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 audit 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

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

From Fortune Magazine. © 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates 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 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 (https://fa-etbx-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/nfcu/pages/employee-benefits) 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. REQNUMBER: 32341