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Job/Internship Description
Overview
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 adding them to the “Intern Proof of Enrollment” section of the application.
Responsibilities
- To 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
- Must be pursuing a degree from an accredited college/university
- Ability to exercise initiative and good judgment to make sound decisions
- Ability to adapt to new technologies
- Ability to provide exceptional customer service
- Ability to work independently and in a team environment
- Desired – Strong academic record as evidenced by a 3.0 or higher GPA
- Desired – Communication with impact and be committed to self-development
- Effective interpersonal, verbal, and written communication skills
- Effective research, analytical, and problem solving skills
- Effective skill maintaining accuracy with attention to detail and meeting deadlines
- Effective word processing and spreadsheet software skills
- Effective organizational, planning and time management skills
- Must be pursing degree from an accredited college/university
About Us
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 2022 Best for Vets Employers
* WayUp Top 100 Internship Programs
* Forbes 2022 The Best Employers for New Grads
* Fortune Best Workplaces for Women
* Fortune 100 Best Companies to Work For
* Computerworld Best Places to Work in IT
* Ripplematch Campus Forward Award – Excellence in Early Career Hiring
* Fortune Best Place to Work for Financial and Insurance Services
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 EOE/AA/M/F/Veteran/Disability
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.
