Navy Federal Credit Union
Summer Associate Internship (Lending Strategy and Innovation)
Navy Federal Credit Union, Vienna, Virginia, United States, 22184
Overview
The Lending Strategy team enables the Lending department to build strategies to enhance member experience, drive innovation, improve risk management and effectively leverage digital transformation capabilities.
Potential Projects:
Credit Card Strategy Refresh
Consumer Lending Strategy Refresh
Enhance membership engagement experience
Reimagine the collections experience for NFCU counselors and members
The Summer Associate Program is a 12-week internship program beginning in May 2026 and ending in August 2026. 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 2026 or later.
Responsibilities
Provide research and data analytics support and strategy planning to business partners to help in their decision-making process to solve business issues, meet project objectives and/or strategic initiatives
Collaborate with internal stakeholders and management to provide research expertise to support their product and business initiatives
Write research proposals, reviews, explain research and data strategy required to meet project and business objectives
Recommend and use appropriate quantitative or qualitative techniques to meet basic research objectives
Develop basic analysis plan and as necessary, oversee applications of advanced analytics
Communicate and summarize research and data analysis results for business partners and interpret results into actionable insights or business plans that will support their decision-making objectives
Research, analyze and summarize study results and identify if the strategy used was appropriate and met business objectives
Identify and review key findings from basic research and apply most appropriate/effective presentation method to communicate results to a variety of audiences e.g. staff, stakeholders and senior management
Perform other related duties as assigned
Support the development, maintenance, and management of reporting, dashboards, data models and analytical results
Qualifications
Currently pursuing a degree in Business, Finance, Information Systems, Engineering or a related field.
Previous internship experience or project work in the fields listed above. Participation in clubs, competitions, or organizations that demonstrate interest in business, data, and innovation
Experience with the steps in planning, fielding, analyzing and presenting quantitative and qualitative research
Working knowledge with various statistical, segmentation and analysis techniques for survey and database data
Experience in using online tools such as survey tools, communities, social networks etc.
Effective skill to make clear, sound, and logical conclusions and recommendations
Effective organization skills, project management, and interpersonal communication skills
Good research, analysis and problem-solving skills
Effective verbal, written, and presentation skills of technical and non-technical material(s)
Familiarity with various data structures and ability to extract data sources (e.g., PySpark, PowerBI)
Familiarity with the process in sourcing raw data and cleansing techniques
Familiarity with mapping techniques and data pipelines
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.
• Best Companies for Latinos to Work for 2024
• Computerworld® Best Places to Work in IT
• Forbes® 2025 America's Best Large Employers
• Forbes® 2024 America's Best Employers for New Grads
• Forbes® 2024 America's Best Employers for Tech Workers
• Fortune Best Workplaces for Millennials™ 2024
• Fortune Best Workplaces for Women ™ 2024
• Fortune 100 Best Companies to Work For® 2025
• Military Times 2024 Best for Vets Employers
• Newsweek Most Loved Workplaces
• 2024 PEOPLE® Companies That Care
• Ripplematch Recruiting Choice Award
• Yello and WayUp Top 100 Internship Programs
From Fortune. ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited 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 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.
REQNUMBER: 26828
The Lending Strategy team enables the Lending department to build strategies to enhance member experience, drive innovation, improve risk management and effectively leverage digital transformation capabilities.
Potential Projects:
Credit Card Strategy Refresh
Consumer Lending Strategy Refresh
Enhance membership engagement experience
Reimagine the collections experience for NFCU counselors and members
The Summer Associate Program is a 12-week internship program beginning in May 2026 and ending in August 2026. 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 2026 or later.
Responsibilities
Provide research and data analytics support and strategy planning to business partners to help in their decision-making process to solve business issues, meet project objectives and/or strategic initiatives
Collaborate with internal stakeholders and management to provide research expertise to support their product and business initiatives
Write research proposals, reviews, explain research and data strategy required to meet project and business objectives
Recommend and use appropriate quantitative or qualitative techniques to meet basic research objectives
Develop basic analysis plan and as necessary, oversee applications of advanced analytics
Communicate and summarize research and data analysis results for business partners and interpret results into actionable insights or business plans that will support their decision-making objectives
Research, analyze and summarize study results and identify if the strategy used was appropriate and met business objectives
Identify and review key findings from basic research and apply most appropriate/effective presentation method to communicate results to a variety of audiences e.g. staff, stakeholders and senior management
Perform other related duties as assigned
Support the development, maintenance, and management of reporting, dashboards, data models and analytical results
Qualifications
Currently pursuing a degree in Business, Finance, Information Systems, Engineering or a related field.
Previous internship experience or project work in the fields listed above. Participation in clubs, competitions, or organizations that demonstrate interest in business, data, and innovation
Experience with the steps in planning, fielding, analyzing and presenting quantitative and qualitative research
Working knowledge with various statistical, segmentation and analysis techniques for survey and database data
Experience in using online tools such as survey tools, communities, social networks etc.
Effective skill to make clear, sound, and logical conclusions and recommendations
Effective organization skills, project management, and interpersonal communication skills
Good research, analysis and problem-solving skills
Effective verbal, written, and presentation skills of technical and non-technical material(s)
Familiarity with various data structures and ability to extract data sources (e.g., PySpark, PowerBI)
Familiarity with the process in sourcing raw data and cleansing techniques
Familiarity with mapping techniques and data pipelines
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.
• Best Companies for Latinos to Work for 2024
• Computerworld® Best Places to Work in IT
• Forbes® 2025 America's Best Large Employers
• Forbes® 2024 America's Best Employers for New Grads
• Forbes® 2024 America's Best Employers for Tech Workers
• Fortune Best Workplaces for Millennials™ 2024
• Fortune Best Workplaces for Women ™ 2024
• Fortune 100 Best Companies to Work For® 2025
• Military Times 2024 Best for Vets Employers
• Newsweek Most Loved Workplaces
• 2024 PEOPLE® Companies That Care
• Ripplematch Recruiting Choice Award
• Yello and WayUp Top 100 Internship Programs
From Fortune. ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited 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 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.
REQNUMBER: 26828