Intern - Year Round (Regulatory Compliance and Public Policy)
Vienna, VA 
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Posted 14 days ago
Job/Internship Description

Overview

This position provides support in the area of real estate mortgage and equity lending compliance, including with regard to consumer protection laws and regulations issued by federal, state and local government agencies, and investor and guarantor requirements. Conduct research and analysis on a variety of compliance, legislative, regulatory and industry issues. Participate in a collaborative, team driven network and interact with multiple business units. Receive guidance and direction from teammates and management. Utilize and further develop technical and soft skills, business knowledge, analytical techniques, communications skills, and creative problem-solving abilities. Provide professional execution of day-to-day tasks and special projects while working within established standards, policies and procedures.

A requirement of this position is you must be currently enrolled in college level courses or a degree-seeking program throughout the duration of the internship. Please upload your transcripts by clicking the "Attach Cover Letter" button during your application.

Responsibilities

* Support the Compliance and Public Policy Department (Compliance) in the area of real estate lending compliance, including mortgage originations and servicing
* Perform a variety of research, including federal and state law research and analysis, and general industry and investor research relating to mortgage originations and servicing
* Perform research and analysis and prepare written summaries of results
* Prepare written analysis and communications on a variety of compliance issues; review and draft procedures, disclosures, member communications, and industry alert summaries
* Review, track and summarize pending and recently enacted legislation and regulations
* Support business strategy and initiatives within the business unit and/or across the organization
* Assist and collaborate with various levels of staff to accomplish tasks/assignments
* Assist in researching and writing analytical responses to questions from various business units within Navy Federal
* Participate in formal and informal credit union and mortgage industry training
* Attend meetings with representatives of Compliance and the business unit
* Provide comprehensive day-to-day operational support for Compliance and other business areas
* Maintain professionalism in all interactions, placing member service as priority
* Perform other duties as assigned

Qualifications

* Bachelor's degree from an accredited college or university
* Enrolled in an accredited Juris Doctorate (JD), LL.M, MBA, or other graduate level program
* Working knowledge of financial products and services, including but not limited to, real estate related lending products and services
* Knowledge of federal and state consumer protection laws and regulations applicable to financial products and services a plus
* Experience with legislative or regulatory research and analysis; legal research skills a plus
* Mortgage Origination or Servicing experience a plus
* Experience with Microsoft Office Suite and with Westlaw, LexisNexis, and/or AllRegs
* Strong interpersonal communication skills, written and oral
* Strong strategic, critical, analytical and problem-solving skills
* Demonstrated ability producing accurate and timely work product with high level of attention to detail
* Effective organizational, planning, and time management skills
* Ability to work independently and in a team environment

About Us

You have goals, dreams, hobbies, and things you're passionate about-what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:

* Military Times 2022 Best for Vets Employers

* WayUp Top 100 Internship Programs

* Forbes 2022 The Best Employers for New Grads

* Fortune Best Workplaces for Women

* Fortune 100 Best Companies to Work For

* Computerworld Best Places to Work in IT

* Ripplematch Campus Forward Award - Excellence in Early Career Hiring

* Fortune Best Place to Work for Financial and Insurance Services

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

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.

 

Position Summary
Start Date
As soon as possible
Employment Type
Full Time
Period of Employment
Open
Type of Compensation
Paid
College Credits Earned
No
Tuition Assistance
No
Required Student Status
Open
Preferred Majors
Other
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