Summer Intern (Strategic Finance – Balance Sheet Planning)

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®
• Fortune Best Workplaces for Millennials
• Computerworld® Best Places to Work in IT

Basic Purpose

The Balance Sheet Planning (BSP) team is a part of the Strategic Finance division. As one of the Finance Department’s analytical hubs, the team is tasked with supporting strategy recommendations and assessing the financial impact of corporate business decisions. One of BSP’s responsibilities is developing corporate balance sheet and income statement forecasts on a quarterly basis and Navy Federal’s annual budget forecast. BSP works collaboratively with teams from across the organization to develop these forecasts. Additionally, the team monitors Navy Federal’s monthly financial performance, supports the Corporate Economist and develops financial analyses on market competitors.

• 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

• Work collaboratively with the team and independently on your own deliverables
• Develop strategic problem-solving, quantitative analytics and communication skills
• Proficiency in financial analysis software including Oracle SmartView and S&P Global Market Intelligence
• An opportunity to grow and explore, while being mentored by team members
• Knowledge with the objective of developing into a financial business analyst
• Presentation opportunities in front of senior Strategic Finance leadership
• Job shadowing opportunities in other departments
• Analysis of business portfolio performance using data manipulation and visualization techniques
• Project-based work on financial analysis of competitor institutions
• Supporting forecast model improvements through the analysis of key business trends

Qualifications

• Course work in Finance, Accounting and Economics, but not required to be concentrated in these fields
• Strong critical and analytical thinking skills
• Advanced knowledge of Excel
• Ability to work independently and collaboratively
• Strong communication and presentation-building skills
• Experience with research, analysis, and data manipulation

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

Location: 820 Follin Lane, Vienna, VA 22180

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.