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Summer Associate Internship (Internal Audit - IT Audit)

  • Internship
    Full-time
    Summer Internship
  • IT & Cybersecurity
    Accounting & Tax
  • Pensacola

AI generated summary

  • You should be pursuing a degree in IT or related field, know internal audit processes, understand IT risk and security frameworks, and possess strong analytical and problem-solving skills.
  • You will assist in IT audits, conduct research, document processes, test controls, prepare workpapers, summarize issues, manage your workload, and collaborate with teammates for professional growth.

Requirements

  • Currently pursuing a bachelor’s degree or higher in Computer Science, Information Technology or a related field
  • Familiarity with the internal audit function and processes
  • Familiarity with one or more functions: IT Risk, General Controls, Information Security Frameworks and best practices
  • 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

Responsibilities

  • - Assist with IT governance and/or application audits in accordance with Navy Federal and industry audit standards
  • - Conduct preliminary research, participate in process walkthroughs, document process narratives and workflows, identify key risks and controls, and obtain audit evidence for testing
  • - Review and analyze audit evidence to determine design and operating effectiveness of controls
  • - Assist in performing IT control testing. Apply critical thinking skills by seeking to understand and execute assigned control testing and document results according to professional and internal standards
  • - Prepare audit workpapers to document relevant information obtained, analyzed, and evaluated that support audit observations/issues and conclusions
  • - Identify and summarize potential issues and observations to discuss with the Auditor-In-Charge in a timely manner
  • - Self-manage workload/timelines and report delays and issues to audit 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!

FAQs

What is the main goal of the Internal Audit department at Navy Federal?

The main goal of the Internal Audit department is to provide independent, objective assurance and advisory services designed to evaluate and improve the effectiveness of the risk management process.

What type of projects will the Summer Associate be involved in?

The Summer Associate will work on projects related to IT governance and application audits, control testing on in-flight audits, issue closures, developing audit tools or templates, and researching emerging topics impacting internal audit.

Where will the Summer Associate report during the internship?

The Summer Associate will work in a hybrid capacity and report to leadership at either the Vienna, VA or Pensacola, FL campus.

What qualifications are required for the Summer Associate Internship?

Candidates must be currently pursuing a bachelor’s degree or higher in Computer Science, Information Technology, or a related field, and should have familiarity with the internal audit function and various IT risks, controls, and information security frameworks.

What are some of the responsibilities of the Summer Associate?

Responsibilities include assisting with IT audits, conducting research, documenting processes, analyzing audit evidence, performing control testing, preparing audit workpapers, and collaborating with team members.

What skills are emphasized for applicants of this internship?

Effective research, critical thinking, analytical and problem-solving skills are emphasized, along with an interest in risk management, audit, and enterprise governance.

Is the internship position paid?

The job posting does not specify if the internship is paid; however, it mentions that Navy Federal offers competitive pay.

What is the work environment like at Navy Federal?

The work environment is described as energized, engaged, and committed, with a focus on collaboration, professional growth, and a positive culture.

Does Navy Federal support diversity in the workplace?

Yes, Navy Federal values and promotes diversity, taking affirmative action to employ and advance qualified individuals from various backgrounds and protected groups.

Are there opportunities for professional growth during the internship?

Yes, interns are encouraged to take on challenging assignments for professional growth and development while working collaboratively with team members.

Our Members Are the Mission

Finance
Industry
10,001+
Employees
1933
Founded Year

Mission & Purpose

Navy Federal is the world’s largest credit union, with more than 13 million members, $178 billion+ in assets and 24,000+ employees. Throughout campuses in Vienna, VA Pensacola, FL and Winchester, VA, as well as more than 350 branches, we serve the Armed Forces, Department of Defense, veterans and their families with world-class financial products and services. Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion. Equal Housing Lender