Job Description

Digital Payments is a division of the Savings & Membership Department. Our vision is to provide personalized, scalable, and secure Money Movement experiences that enable Navy Federal to continuously exceed members' evolving payment expectations. To achieve this, we will:  

• Create integrated payment experiences, improving the speed and transparency of members' money movement.
• Enable payment innovation by both working across the organization and forming strategic (third-party) partnerships; ensuring Navy Federal remains top-of-wallet and top-of-mind for members' payment needs.   
• Take an incremental approach to delivering capabilities and value, allowing us to learn and adapt based on members' evolving needs

The Summer Associate will provide analytical support to faster payment and money movement initiatives within the Digital Payments Analytics team involving ACH, Zelle, Real-Time Payments (RTP), and mobile wallet transactions. 

Potential projects include: 

• Develop analyses and recommendations that examine all facets of emerging payment products 
• Analyze data, and utilize programming language skills to develop money movement dashboards
• Perform complex analytical, statistical modeling, and visualizations on large data sets to support various business operations and organizational objectives needs

The Summer Associate Program is a 12-week internship program beginning in May 2025 and ending in August 2025. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of December 2025 or later.

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.

• Best Companies for Latinos to Work for 2024
• Computerworld® Best Places to Work in IT
• Forbes® 2024 America’s Best Large Employers
• Forbes® 2023 The Best Employers for New Grads
• Fortune Best Workplaces for Millennials™ 2023   
• Fortune Best Workplaces for Women ™ 2023       
• Fortune 100 Best Companies to Work For® 2024
• Military Times 2023 Best for Vets Employers
• Newsweek Most Loved Workplaces 
• Ripplematch Campus Forward Award - Excellence in Early Career Hiring
• Yello and WayUp Top 100 Internship Programs

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: Navy Federal values and celebrates diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position.

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

• Currently pursuing a graduate degree in Computer Science, Data Science, Business Analytics, or other related degree
• Experience working with business intelligence tools such as: Microsoft Power BI and Tableau
• Programming language skills such as: R, Python, Scala, and SQL
• . Data storytelling and technical presentation skills
• Ability to work with large and complex datasets to derive business insights
• Strong strategic, critical, and analytical thinking skills
• Basic understanding of the payments industry 

• Analyze business operations, member, and money movement trends to drive digital payment initiatives 
• Analyze member and transactional data to understand, predict, and identify opportunities to influence member behavior through predictive and prescriptive analytics
• Present findings and recommendations from analyses to business stakeholders and leadership
• Collaborate with internal and external business partners to answer business questions