About the position
At Navy Federal, the Internal Audit (IA) department is dedicated to providing independent and objective assurance and advisory services aimed at enhancing the effectiveness of the risk management process. The IA team employs a systematic and disciplined approach to auditing, which is essential for evaluating and improving risk mitigation across all business facets. This diverse team comprises certified auditors and subject matter experts specializing in various areas such as IT, finance, fraud, regulatory requirements, and data, all collaborating to ensure a seamless experience for Navy Federal and its members. As Navy Federal continues to grow, the rapidly evolving environment presents new and unique risks to the enterprise. Consequently, the Internal Audit team must continuously adapt its strategies to provide assurance to business partners through a risk-based approach that assesses the effectiveness of governance, risk management, and the internal control environment. The Summer Associate will join the Internal Audit IT Audit Team, working in a hybrid capacity and reporting to leadership at either the Vienna, VA or Pensacola, FL campus. This team focuses on conducting audits in information technology areas, including IT and information security. The responsibilities of the Summer Associate may include supporting control testing on ongoing audits, assisting with the testing of issue closures, developing tools or templates for the audit process, and conducting in-depth research on emerging topics that impact internal audit. This role is designed to provide a comprehensive learning experience in the field of internal auditing, particularly within IT governance and application audits, while fostering professional growth and development.
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!
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
Benefits
- Highly competitive pay
- Generous benefits and perks
- Recognition as one of the Best Companies for Latinos to Work for 2024
- Ranked in Computerworld® Best Places to Work in IT
- Listed in Forbes® 2024 America's Best Large Employers
- Recognized in Forbes® 2023 The Best Employers for New Grads
- Included in Fortune Best Workplaces for Millennials™ 2023
- Ranked in Fortune Best Workplaces for Women ™ 2023
- Listed in Fortune 100 Best Companies to Work For® 2024
- Recognized by Military Times 2023 Best for Vets Employers
- Awarded Newsweek Most Loved Workplaces
- Received Ripplematch Campus Forward Award - Excellence in Early Career Hiring
- Ranked in Yello and WayUp Top 100 Internship Programs
