Summer Associate Internship

Department

At Navy Federal, Internal Audit’s (IA) goal is to provide independent, objective assurance and advisory services designed to evaluate and improve the effectiveness of the risk management process. IA accomplishes its objectives by bringing a systematic, disciplined approach to auditing to evaluate and improve the effectiveness of risk mitigation across all facets of the business.

IA includes a diverse range of professionals including certified auditors, subject matter experts who specialize in IT, finance, fraud, regulatory requirements, and data, as well as strategic personnel, all working collaboratively to ensure a seamless experience for Navy Federal and its members.

Potential Projects

Navy Federal is growing and the environment in which we operate is rapidly evolving, posing new and unique risks to the enterprise. As a result, Internal Audit must continuously adapt to provide assurance to our business partners through a risk-based approach that evaluates the effectiveness of governance, risk management, and the internal control environment.

The Summer Associate will be a member of the Internal Audit Strategic Audit Team and will work in a hybrid capacity reporting to leadership at our Vienna, VA or Pensacola, FL campus. This team performs assurance and advisory services across the enterprise, focusing on key strategic initiatives and priorities within the organization. Responsibilities may include supporting control testing on in-flight advisory engagements, assisting with testing on issue closures, developing tools or templates to be used in the audit process, or performing in-depth research on emerging topics impacting internal audit. 

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.

• Currently pursuing a bachelor’s degree or higher in Accounting, Business, Finance, Computer Science, or a related field
• Familiarity with the internal audit function and processes 
• Effective research, critical thinking, analytical, and problem-solving skills
• Experience in following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations
• Interest in risk management, audit, and/or enterprise governance 

• Assist with advisory engagements to proactively support Navy Federal’s strategic priorities and initiatives
• Conduct preliminary research, participate in process walkthroughs, document process narratives and workflows, identify key risks and controls, and obtain evidence for testing
• Assist in performing testing. Apply critical thinking skills by seeking to understand and execute assigned testing and document results according to professional and internal standards
• Review and analyze evidence and adequately document testing results to support Internal Audit’s conclusion
• Identify and summarize potential findings and recommendations to discuss with senior team members in a timely manner
• Prepare workpapers to document relevant information obtained, analyzed, and evaluated that support conclusions
• Self-manage workload/timelines and report delays and issues to management
• Collaborate with others throughout your internship, including with other Summer Associates
• Work well within the team environment, take on challenging stretch assignments for professional growth and development, and have fun!