Finance Intern
Northwest Federal Credit Union

Herndon, Virginia

This job has expired.


Overview

Northwest Federal Credit Union is seeking qualified interns for our paid Summer Internship Program at our Corporate Office in Herndon, VA. Our Summer Internship Program is designed to provide college students the opportunity to learn about Northwest Federal and gain meaningful, hands-on experience in a professional environment that aligns with their career goals. This is an 8-week internship program starting on June 3, 2024.

The Finance team is responsible for financial planning and analysis and investments. Responsibilities include managing liquidity, managing the investment portfolio in adherence with the investment policy, providing balance sheet and earnings modeling and financial projections, including the monitoring of the credit union's balance sheet interest rate risk.

The Finance Intern will be assisting in the preparation of pricing committee packages, Senior Management and Board Financial reporting, variance analyses, financial forecast models, and other ad-hoc projects. The Finance Intern will work closely with the AVP of Finance & Treasury Management.

Responsibilities

  • Prepare weekly pricing committee packages
  • Prepare senior management and Board financial reporting and scorecard
  • Provide budget to actual variance analyses; including but not limited to, income statement, balance sheet, interest rates, loan repayments
  • Assist with cash flow and investment portfolio reporting
  • Assist in updating quarterly financial forecast presented to senior management; includes updating model assumptions and provide written narrative of material changes
  • Assist in any other special ad-hoc projects within Finance or Accounting
  • Remains cognizant of and adheres to NWFCU policies and procedures as well as regulations pertaining to the Bank Secrecy Act (BSA)
Qualifications

Required:
  • Must be enrolled in a credited university at the junior/senior level or recently graduated college within the last six months in pursuit of a degree in Finance
  • Average 3.0 GPA or above (transcripts required)
  • Ability to work on-site in our Herndon, VA headquarters for the duration of June 3rd - August 2nd
  • Ability to work the hours of 8:00am - 4:30pm Monday through Friday
  • Ability to use standard office equipment and systems; expertise with Microsoft Office suite of products, especially Excel
  • Effective oral and written communication skills
  • Ability to collaborate and be an effective member of a team
  • Accuracy and detail-orientation
  • Ability to manage time effectively
  • Knowledge of income statement and balance sheet
  • Relevant course work in analytics, research, and report preparation
Preferred:
  • Advanced knowledge in Excel
EEO Notice

Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.

NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or HRDepartment@nwfcu.org.


This job has expired.

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