Intern - Year Round (Regulatory Compliance)
About The Position
The Intern - Year Round (Regulatory Compliance) supports non-lending compliance activities, including matters related to consumer protection laws and regulations issued by federal, state, and local government agencies. The intern conducts research and analysis on compliance, legislative, regulatory, and industry issues and prepares written summaries, analyses, and communications. Work may include reviewing and drafting procedures, disclosures, member communications, and industry alert summaries, as well as tracking pending and recently enacted legislation and regulations. The role works collaboratively with multiple business units and receives guidance from teammates and management. The intern provides day-to-day operational support and contributes to special projects while following established standards, policies, and procedures. The position offers opportunities to develop technical and soft skills, business knowledge, analytical techniques, communication skills, and creative problem-solving abilities. Applicants must remain enrolled in college-level courses or a degree-seeking program throughout the internship and must provide transcripts as proof of enrollment. Hours are Monday through Friday, 8:00 a.m. to 4:30 p.m., with a minimum of 20–25 hours per week based on the school schedule. The listed work locations are 820 Follin Lane, Vienna, Virginia, and 5510 Heritage Oaks Drive, Pensacola, Florida.
Requirements
- Currently enrolled in college-level courses or a degree-seeking program throughout the duration of the internship.
- 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 affecting financial institutions.
- Experience with legislative or regulatory research and analysis.
- Experience with Microsoft Office Suite and Westlaw, LexisNexis, and/or AllRegs.
- Strong written and oral interpersonal communication skills.
- Strong strategic, critical, analytical, and problem-solving skills.
- Ability to produce accurate and timely work with a high level of attention to detail.
- Effective organizational, planning, and time-management skills.
- Ability to work independently and in a team environment.
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 analyses 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 across the organization.
- Assist and collaborate with staff at various levels to complete tasks and assignments.
- Respond to compliance inquiries from business units within Navy Federal.
- Participate in formal and informal credit union and industry training.
- Attend meetings with representatives of Compliance and the business unit.
- Provide day-to-day operational support for Compliance and other business areas.
- Perform other duties as assigned.
Benefits
- Highly competitive pay
- Generous benefits and perks
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What This Job Offers
Career Level
Intern
