VyStar Intern - Finance: Capital Planning

VyStar Credit Union•Jacksonville, FL

22h•Onsite

About The Position

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees. Part time positions start at a minimum of 30 hours per week. We encourage you to become a part of VyStar Credit Union's family of employees. VyStar Intern - Finance: Capital Planning Job Profile Summary Accountability: At VyStar Credit Union we are passionate about our members and our employees. For more than 70 years, VyStar has adapted to changes in the banking industry. Today, we have grown to be one of the largest Credit Unions in the United States serving more than 1 million members. Our mission ‘Do Good Bank Better’ drives our employees every day to raise the bar on how we serve our members, our community, and each other. VyStar is proudly seeking talented interns to be involved in a broad range of projects, while gaining a strong foundation of the Credit Union business. This is an exciting time to join VyStar! We believe you should enjoy and grow during your internship experience. This position is located in Jacksonville, FL. The 9-week internship program begins the first week of June and ends the first week of August. Finance: Capital Planning Internship Overview As an intern, you’ll gain hands-on experience supporting the Capital Planning and Stress Testing (CPST) team in strategic financial planning and regulatory compliance. Assist in developing the annual Capital Plan, including stress testing and sensitivity analysis. Learn and apply statistical methods to forecast credit losses and capital buffers. Support model development and validation for stress testing scenarios. Create reporting and visualizations in Excel and PowerPoint for leadership presentations. Contribute to policy and documentation updates, including procedures and regulatory self-assessments. Collaborate with cross-functional Finance teams, with opportunities to shadow FP&A, Treasury, and Accounting. Develop core skills in data analysis, financial modeling, variance analysis, communication, and leadership. As an intern, you will: Get hands-on experience solving business needs Expand your team player capabilities Develop your leadership and business acumen Interact with Senior Executives Get paired with a mentor Expand your business network Join in community events And more… DISCLAIMERS AND WORK ENVIRONMENT Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management. The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e-mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union. No placement fee will be paid if a candidate is hired as a result of the referral, or through other means. Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members. Thank you again for your interest in this position! VyStar Credit Union Human Resources VyStar Credit Union has a rich history of providing financial services and community support. VyStar was originally founded as Jax Navy Federal Credit Union in 1952 to serve military members, civil services employees and their families at Naval Air Station Jacksonville. In the more than 70 years since then, we have expanded our field of membership to now serve 49 counties in Florida and 29 counties in Georgia. As we have grown, we have continued to provide excellent service to our members and our communities. Today, we serve over 925,000 members, including 50,000 small business members, making us one of the largest financial institutions in Northeast Florida ($13.5 billion in assets) and one of the largest credit unions in the country. We are guided by our purpose to Do Good.

Requirements

Pursuing a Bachelor’s degree at an accredited college/university
Rising College Juniors, Seniors, Graduate Students, or Thrive Scholars
Strong written and communication skills
Flexibility to work with multi-disciplined teams
Strong use of Microsoft Office Tools
Participation in college organizations and the community
Strong writing skills

Responsibilities

Assist in developing the annual Capital Plan, including stress testing and sensitivity analysis.
Learn and apply statistical methods to forecast credit losses and capital buffers.
Support model development and validation for stress testing scenarios.
Create reporting and visualizations in Excel and PowerPoint for leadership presentations.
Contribute to policy and documentation updates, including procedures and regulatory self-assessments.
Collaborate with cross-functional Finance teams, with opportunities to shadow FP&A, Treasury, and Accounting.
Develop core skills in data analysis, financial modeling, variance analysis, communication, and leadership.
Get hands-on experience solving business needs
Expand your team player capabilities
Develop your leadership and business acumen
Interact with Senior Executives
Get paired with a mentor
Expand your business network
Join in community events