Risk Associate Internships
Risk associate internships give university students, recent graduates, and early-career switchers hands-on project experience working alongside working risk professionals, and, at many employers, a path toward a full-time offer. Openings are concentrated across Banking & Financial Services, with Navy Federal Credit Union among the employers posting roles now.
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The Enterprise Operational Risk Management Division identifies, assesses, measures, mitigates, monitors, and reports organizational risks through strategic oversight of Business Unit Risk, Third-Party Risk Management, Business Resiliency Management, and Asset Risk Assessment. These programs use data-driven risk management and enterprise risk management tools to strengthen risk awareness, improve consistency, and support proactive management of strategic and operational risks.
The Summer Associate will support Third-Party Risk Management (TPRM) activities by assisting with program guidelines, process documentation, reporting materials, stakeholder communications, training materials, and opportunities to improve TPRM processes and supporting tools. Working within established program guidelines, the Summer Associate will help promote consistent adoption of TPRM requirements, collaborate with business units, risk owners, subject matter experts, and other enterprise partners, and contribute insights that support proactive operational risk management and sound decision-making across third-party risk activities.
Potential projects may include:
- Support TPRM program documentation and process improvements by summarizing updates, organizing materials, and identifying opportunities to improve clarity, consistency, and adoption.
- Assist with project coordination by tracking action items, timelines, status updates, and deliverables.
- Support the development of stakeholder communications and training materials that explain TPRM requirements, processes, and expectations.
- Gain exposure to third-party risk management by supporting vendor risk assessments, engagement with risk management subject matter experts, and related process activities.
- Compile and analyze TPRM data to inform program reporting, dashboards, program materials, and opportunities to improve risk management processes and supporting tools.
The Summer Associate Program is a 12-week internship program beginning in May 2027 and ending in August 2027. Students will contribute to meaningful projects and 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 2027 or later.
- Manage multiple priorities, deliverables, and timelines effectively
- Apply analytical, research, and problem-solving skills to support reporting, process improvements, and recommendations
- Communicate effectively through written materials, presentations, and team discussions
- Collaborate with team members and business partners to develop presentations, training content, and program materials
- Currently pursuing a degree in Operational Risk Management, Business, Finance, Information Technology, Computer Science, or a related field
- Familiarity with risk management best practices, risk and control concepts, third-party risk management, or related risk disciplines
- Familiarity with creating clear business materials, such as process maps, presentations, standard operating procedures, training guides, and other documents that explain processes or requirements
- Strong verbal, written, and interpersonal communication skills
Hours
Monday – Friday, 8:00 AM – 4:30 PM ET
Location
820 Follin Lane SE, Vienna, VA 22180
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.
- FORTUNE 100 Best Companies to Work For® 2025
- Yello and WayUp Top 100 Internship Programs
- Computerworld® Best Places to Work in IT
- Newsweek Most Loved Workplaces
- 2025 PEOPLE® Companies That Care
- Newsweek Most Trustworthy Companies in America
- Military Times 2025 Best for Vets Employers
- Best Companies for Latinos to Work for 2025
- Forbes® 2025 America’s Best Large Employers
- Forbes® 2025 America's Best Employers for New Grads
- Forbes® 2025 America's Best Employers for Tech Workers
- 2025 RippleMatch Campus Forward Award Winner for Overall Excellence
- Military.com Top Military Spouse Employers 2025
- 2025 Handshake Early Talent Award
From Fortune . ©2025 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: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
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. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
The Enterprise Operational Risk Management Division identifies, assesses, measures, mitigates, monitors, and reports organizational risks through strategic oversight of Business Unit Risk, Third-Party Risk Management, Business Resiliency Management, and Asset Risk Assessment. These programs use data-driven risk management and enterprise risk management tools to strengthen risk awareness, improve consistency, and support proactive management of strategic and operational risks.
The Summer Associate will support Third-Party Risk Management (TPRM) activities by assisting with program guidelines, process documentation, reporting materials, stakeholder communications, training materials, and opportunities to improve TPRM processes and supporting tools. Working within established program guidelines, the Summer Associate will help promote consistent adoption of TPRM requirements, collaborate with business units, risk owners, subject matter experts, and other enterprise partners, and contribute insights that support proactive operational risk management and sound decision-making across third-party risk activities.
Potential projects may include:
- Support TPRM program documentation and process improvements by summarizing updates, organizing materials, and identifying opportunities to improve clarity, consistency, and adoption.
- Assist with project coordination by tracking action items, timelines, status updates, and deliverables.
- Support the development of stakeholder communications and training materials that explain TPRM requirements, processes, and expectations.
- Gain exposure to third-party risk management by supporting vendor risk assessments, engagement with risk management subject matter experts, and related process activities.
- Compile and analyze TPRM data to inform program reporting, dashboards, program materials, and opportunities to improve risk management processes and supporting tools.
The Summer Associate Program is a 12-week internship program beginning in May 2027 and ending in August 2027. Students will contribute to meaningful projects and 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 2027 or later.
- Manage multiple priorities, deliverables, and timelines effectively
- Apply analytical, research, and problem-solving skills to support reporting, process improvements, and recommendations
- Communicate effectively through written materials, presentations, and team discussions
- Collaborate with team members and business partners to develop presentations, training content, and program materials
- Currently pursuing a degree in Operational Risk Management, Business, Finance, Information Technology, Computer Science, or a related field
- Familiarity with risk management best practices, risk and control concepts, third-party risk management, or related risk disciplines
- Familiarity with creating clear business materials, such as process maps, presentations, standard operating procedures, training guides, and other documents that explain processes or requirements
- Strong verbal, written, and interpersonal communication skills
Hours
Monday – Friday, 8:00 AM – 4:30 PM ET
Location
820 Follin Lane SE, Vienna, VA 22180
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.
- FORTUNE 100 Best Companies to Work For® 2025
- Yello and WayUp Top 100 Internship Programs
- Computerworld® Best Places to Work in IT
- Newsweek Most Loved Workplaces
- 2025 PEOPLE® Companies That Care
- Newsweek Most Trustworthy Companies in America
- Military Times 2025 Best for Vets Employers
- Best Companies for Latinos to Work for 2025
- Forbes® 2025 America’s Best Large Employers
- Forbes® 2025 America's Best Employers for New Grads
- Forbes® 2025 America's Best Employers for Tech Workers
- 2025 RippleMatch Campus Forward Award Winner for Overall Excellence
- Military.com Top Military Spouse Employers 2025
- 2025 Handshake Early Talent Award
From Fortune . ©2025 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: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
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. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Risk Associate Internship Market
Who's Hiring
Top Industries Hiring
- Banking & Financial Services
Tips for Your Risk Associate Internship Search
Apply earlier than the role's start date suggests
Large employers fill summer risk associate intern cohorts as early as the preceding fall. If you wait until spring, many structured programs are already closed. Set a calendar reminder at the start of each fall semester and treat that as your primary application window for the following summer.
Build a project portfolio before you apply
Hiring teams for risk associate internships expect limited work history, so give them something concrete to assess instead. Document two or three projects that show you can identify, quantify, or model risk, published case studies, shared analysis files, or a repository with a clear write-up of your methodology and findings.
Work your campus network alongside direct applications
Campus career fairs surface structured programs tied to your university, and professors or career center staff often know which employers recruit from your school before roles post publicly. Apply directly to companies running smaller cohorts at the same time, combining both channels widens the pool you can realistically reach.
Practice your interview format out loud before you screen
Risk associate intern screens typically involve a technical or quantitative case, expect questions on probability, scenario analysis, or financial modeling depending on the team. Practice explaining your reasoning out loud, not just arriving at an answer, because interviewers weigh how you think through uncertainty as much as the final number you produce.
Risk Associate Internships: Frequently Asked Questions
How do I get a risk associate internship?
Lead with coursework and projects rather than work history, hiring teams expect limited experience at the intern level. For risk associate candidates, the concrete artifact is a documented analysis or risk model you can walk through, ideally published in a portfolio or shared repository. Combine direct applications with campus career fairs, where recruiters often move faster for students they meet in person.
Can a risk associate internship turn into a full-time job?
Many employers extend return offers to strong interns, but conversion is never guaranteed. For risk associate interns, what actually drives it is performance on real project work, available headcount on the team, and how early the return-offer conversation happens. Position yourself by treating every assignment as a sample of full-time work without counting on an offer before it's made.
When should I apply for risk associate internships?
Earlier than most expect. Large employers recruit summer cohorts the preceding fall, so the window closes months before the internship starts. Smaller companies and co-ops post closer to their actual start dates, which means openings appear year-round. Checking listings regularly rather than waiting for a single seasonal push gives you the most options.
Are risk associate internships paid?
Most professional risk associate internships in the United States are paid. Compensation varies by company size, industry, and location, and listings show it where the employer chooses to disclose it. If pay isn't listed, you can ask during the screening call after confirming mutual interest in moving forward.
What should a risk associate internship resume include?
Lead with projects, not work history. Highlight two or three complete, documented projects that show how you identified, quantified, or mitigated risk, naming the tools used and linking to published analyses or case studies where the work is visible. Add relevant coursework in finance, statistics, or related fields, and keep everything to one page.
What is a rotational risk internship program?
Some larger financial institutions and consulting firms run structured rotational internship programs that place interns across two or three risk functions, credit, market, and operational risk, for example, over a single summer. These programs are designed for people new to the field, recruit early in the fall recruiting cycle, and fill quickly, so identify the ones that fit your background and apply in the first wave.
Can international students get risk associate internships?
Yes. F-1 students can intern through CPT while enrolled or through OPT work authorization after finishing a degree, and the employer does not have to file anything for either, so many companies are open to international interns. Confirm your eligibility and timing with your university's international student office before accepting an offer.
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