Summer Associate Internship (Internal Audit - IT Audit)

Overview

Department

At Navy Federal, Internal Audit's (IA) goal is to provide independent, objective assurance and advisory services designed to evaluate and improve the effectiveness of the risk management process. IA accomplishes its objectives by bringing a systematic, disciplined approach to auditing to evaluate and improve the effectiveness of risk mitigation across all facets of the business.

IA includes a diverse range of professionals including certified auditors, subject matter experts who specialize in IT, finance, fraud, regulatory requirements, and data, as well as strategic personnel, all working collaboratively to ensure a seamless experience for Navy Federal and its members.

Potential Projects

Navy Federal is growing and the environment in which we operate is rapidly evolving, posing new and unique risks to the enterprise. As a result, Internal Audit must continuously adapt to provide assurance to our business partners through a risk-based approach that evaluates the effectiveness of governance, risk management, and the internal control environment.

The Summer Associate will be a member of the Internal Audit IT Audit Team and will work in a hybrid capacity reporting to leadership at our Vienna, VA or Pensacola, FL campus. This team focuses on performing audits across information technology areas including IT and information security. Responsibilities may include supporting control testing on in-flight audits, assisting with testing on issue closures, developing tools or templates to be used in the audit process, or performing in-depth research on emerging topics impacting internal audit.

• 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!

• 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