Summer Intern (Mortgage Business Strategist)

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
• 2021 People Companies that Care
• Fortune Best Workplaces for Women
• Fortune 100 Best Companies to Work For®
• Computerworld® Best Places to Work in IT

Basic Purpose

Post Settlement Operations is responsible for RESPA Compliance reviews and Critical Document reviews on 100% of all loans closed within REL Lending. To ensure that mortgage and equity loan documents are complete and accurate according to GNMA, FNMA, FHLMC, CFPB, VA, FHA, federal, state, investor, and NFCU guidelines and requirements. To review critical documents for accuracy to validate lien position and salability of the loan. Coordinate changes, revisions, and corrections with other mortgage staff, closing agents, and vendors. Record, track, and monitor documentation issues and productivity.

Post Settlement Operations is moving the needle to move the business unit into having robust reports with high level data, to be able to determine areas of opportunity, process improvements and supports strategic initiatives effectively and efficiently. In addition to developing and creating automated reports for all levels of management.

It will be essential for the team member in this position to have strong analytical thinking skills to include summarizing information and clearly identifying key elements, patterns, results, or relationships. In addition to being familiarity with data querying, reporting, forecasting, analysis, and operations research, including statistical methods and modeling.

• 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 clicking the “Attach Cover Letter” button during your application.

Responsibilities

• Evaluate operational efficiency and effectiveness
• Obtain quantitative and qualitative data of business processes to analyze, determine and

promote data driven decisions

• Perform qualitative and quantitative data analysis using analytical techniques, tools,

models, simulation, etc.

• Develop and present proposal on findings from analysis and research to management
• Become integrated into and participate in the day-to-day strategy, analysis, and operations

of the team

Qualifications

• Must be pursuing an undergraduate or higher degree from an accredited college/university
• Experience with research, analysis, and data manipulation
• Basic analytical thinking skills to include summarizing information and clearly identifying key

elements, patterns, results, or relationships

• Exposure to the application of statistical methods, mathematical techniques, forecasting,

cost-benefit analysis, and related analytical tools

• Good communication and presentation skills
• Effective word processing and spreadsheet software skills
• Effective skill maintaining accuracy with attention to detail and meeting deadlines
• Comfort working with large datasets and telling stories with data
• Ability to work independently and think outside of the box
• Strong strategic, critical, and analytical thinking skills
• Basic knowledge of financial services/payments a plus

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

Location: 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: $15.00 – $30.10 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.

Posting End Date: 12/31/22

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.

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.