#26354
l/regulatory and financial losses. Provide analytical support and execution for various business strategies to ensure Navy Federal goals are met.
A requirement of this position is you must be currently enrolled in college level courses or a degree-seeking program throughout the duration of the internship. Please upload your transcripts by adding them to the "Intern Proof of Enrollment" section of the application.
Responsibilities
Assess exposure to risk, ways to measure operational risk, establishes policies and procedures to minimize risk, identifies ways to protect the organization from financial loss and reputational damage
Develop and implement a process for responding, tracking and managing internal and external exam findings.
Evaluate alternative means of reducing the business operations' exposure to financial loss, damage to the organization's reputation and loss of business continuity
Utilize innovative financial impact analysis and problem solving skills to optimize business performance and minimize strategic risk exposure
Collaborate with cross-functional teams to implement effective programs and measures designed to identify and mitigate risks associated with business operations
Perform full cycle model design and development which includes but is not limited to identifying objectives, sampling, testing/validation, calibration, and monitoring performance
Develop various operational strategic opportunities and efficiencies surrounding the regulatory and compliance matters
Evaluate, develop, and implement analytical techniques and best practices to gain a competitive advantage
Serve as subject matter expert regarding business optimization and risk evaluations
Serve as a subject matter expert with internal and external auditors (e.g., NCUA, CFPB, and contracted third parties) to address and resolve audit questions and findings
Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management
Prepare position papers to highlight issues which may or will impact Navy Federal operations
Make presentations to management and staff on industry and regulatory related news and developments
Perform other duties as assigned
Qualifications
Pursuit of Degree in Cybersecurity, Business Administration, Auditing, Law or related field or equivalent combination of training, education and experience
Knowledge and understanding of risk-based auditing techniques and methodologies
Knowledge of operational and regulatory risk controls, concepts and practices
Knowledge of applicable federal and state regulations, company policies, and industry best practices
Proven ability to plan, organize and effectively execute risk mitigation and process improvement initiatives
Advanced skill interpreting, extrapolating and interpolating data for statistical research and modeling
Ability to maintain professionalism when delivering challenging and unfavorable messages
Organizational, planning and time management skills in order to multitask competing priorities in a fast paced and dynamic environment
Proven ability to influence management decision making
Skills maintaining accuracy with attention to detail and meeting deadlines
Ability to comprehend, analyze, interpret, communicate and apply government and financial industry regulations related principles and practices, and company instructions, procedures and policies
Ability to work independently and in a team environment
Expert communication and negotiation skills with ability to exercise good judgement and tact in dealing with senior management
Experience in collaborating across organizational boundaries and building partnerships across various functions
Experience in managing multiple priorities independently and/or in a team environment to achieve goals
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.
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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 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.