Summer Associate Graduate Intern (Procurement & Vendor Management Strategic Sourcing)

Job Description

YOUR LIFE’S MISSION: POSSIBLE

You have goals, dreams, hobbies and things you’re passionate about.

What’s Important To You Is Important To Us

We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we’re looking for team members who are passionate about our mission—making a difference in military members’ and their families’ lives. Together, we can make it happen.

Don’t take our word for it.

• Military Times 2021 Best for Vets Employers
• WayUp Top 100 Internship Programs
• Forbes® 2022 The Best Employers for New Grads
• Forbes® America’s Best Employers
• Newsweek Top 100 Most Loved Workplaces
• Fortune Best Workplaces for Women
• Fortune 100 Best Companies to Work For®
• Computerworld® Best Places to Work in IT

Basic Purpose

Procurement & Vendor Management (P&VM) aligns Navy Federal’s procurement strategy and execution with operational, financial, and strategic priorities. P&VM leads Navy Federal’s efforts in sourcing, acquisition planning, contract negotiations, contract administration, and holistic vendor management, including third-party risk management, to ensure operational requirements are satisfied and risks are properly managed. We strive to deliver in a timely manner and maximize value on behalf of our internal customers and members to reach enterprise strategic goals. We also work with business units to buy, lease, and sell personal and real property.

The Summer Associate Graduate Intern Program is a 10+ week graduate internship program beginning in May 2023 and ending in August 2023. The intention for this program is to hire interns who prove their aptitude into full time roles following graduation. To qualify for an internship, applicants must be currently pursuing a graduate or PhD level degree from an accredited college or university and have an anticipated graduation date after the final day of the summer internship (December 2023 or later).

Responsibilities

Potential Project:

Develop framework for Value Added Reseller Program, which will include process and procedure development, rationalization of our VAR supplier base and detailed spend analysis. The Summer Associate will need to identify key KPIs in order to measure success of participants in the Program.

12-week Plan

• Analyze available spend information to identify trends
• Work with Sourcing Managers to identify opportunities to leverage spend data
• Propose process changes to improve analytics regarding spend
• Define and implement a process to identify Key VARs, the categories will be primary and supplemental VARs
• Report back on the outcome, with proposed next steps
• As time permits, assist in the next steps planning and implementation activities

Qualifications

• Currently pursuing an MBA in Supply Chain, Business, Engineering (with focus on supply chain/business) or other related field
• Strong written and verbal communication skills
• Strong analytical skills – comfortable working with quantitative and qualitative data
• Strong ability to work in teams and collaborate with peers and internal customers
• Strong knowledge of and experience in Microsoft Office tools
• Ability to learn new processes quickly and effectively multi-task

Experience: 5 years of previous Supply Chain Management experience, pursuit of an MBA with a concentration in Supply Chain, Operations, Data Analytics, or other related field

Business Soft Skills

• Excellent communication skills
• Self-starter / self-directed
• Understanding of general Information Technology concepts
• Experience with business process definition and optimization
• Strong analytical skills with experience creating reports and analyses
• High level proficiency with Microsoft Office and other Data Analytics tools

Technical Skills Preferred (as Many Of The Following)

• Thorough understanding of Supply Chain with a strong emphasis in strategic sourcing and data analytics
• Strong communication and presentation skills
• Experience with SQL, Reporting and Analytic tools
• Previous experience in articulating an idea and influencing cross functional senior leadership for buy in
• Experience in Strategic Sourcing or Category Management a plus

Hours: Monday – Friday, 8:00AM – 4:30PM

Location: Remote | 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Drive, Pensacola, FL 32526 | 141 Security Drive, Winchester, VA 22602

Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report on-site 4-16 days each month. The number of days reporting on-site will ultimately be determined by the employee’s leadership and business unit needs. You will learn more throughout the hiring and on boarding process.

Salary Range: $41.00 – $46.00 hourly

Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. Within this range, pay will be determined based on factors such as individual qualifications, location, and market position.

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

COVID-19 Safety Protocols

All employees are expected to follow our COVID-19 safety protocols.

Disclaimer

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.

Bank Secrecy Act

Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.