Intern
Navy Federal Credit Union
About the Role
This position provides support in the area of non-lending compliance, including consumer protection laws and regulations. The role involves conducting research and analysis on compliance, legislative, regulatory, and industry issues, and interacting with multiple business units. Interns will receive guidance and direction from teammates and management, and utilize and develop technical and soft skills, business knowledge, analytical techniques, communication skills, and creative problem-solving abilities. The role requires professional execution of day-to-day tasks and special projects within established standards, policies, and procedures.
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.
Key Responsibilities
- Support the Compliance Department in non-lending compliance.
- Research and analyze federal and state laws and regulations.
- Prepare written summaries of research and analysis.
- Prepare written analysis and communications on compliance issues; review and draft procedures, disclosures, member communications, and industry alert summaries.
- Review, track, and summarize pending and recently enacted legislation and regulations.
- Support business strategy and initiatives within the business unit and/or across the organization.
- Assist and collaborate with various levels of staff to accomplish tasks/assignments.
- Respond to compliance inquiries from various business units.
- Participate in formal and informal credit union and industry training.
- Attend meetings with representatives of Compliance and the business unit.
- Provide comprehensive day-to-day operational support for Compliance and other business areas.
- Perform other duties as assigned.
Requirements & Tech Stack
- Microsoft Office Suite
- Westlaw, LexisNexis, and/or AllRegs
Qualifications
- Bachelor’s degree from an accredited college or university.
- Enrolled in an accredited Juris Doctorate (JD), LL.M, MBA, or other graduate level program.
- Working knowledge of financial products and services.
- Knowledge of federal and state consumer protection laws and regulations impacting financial institutions.
- Experience with legislative or regulatory research and analysis.
- Strong interpersonal communication skills, written and oral.
- Strong strategic, critical, analytical, and problem-solving skills.
- Demonstrated ability producing accurate and timely work product with high level of attention to detail.
- Effective organizational, planning, and time management skills.
- Ability to work independently and in a team environment.
Hours: Monday - Friday, 8:00 AM - 4:30 PM (minimum of 20-25 hours a week, based on school schedule)
Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526