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Internship Financial Risk Management Jobs in Virginia

Deloitte

Financial Risk Manager

Mclean, VA

Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of financial services business models, products, and services * Experience in banking, digital assets, or ...

Freddie Mac

Model Risk Senior Lead

Mclean, VA · On-site

You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the business divisions to manage model risk. The position offers high visibility, meaningful ...

Freddie Mac

Model Risk Senior Lead

Mclean, VA · On-site

You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the business divisions to manage model risk. The position offers high visibility, meaningful ...

Freddie Mac

Model Risk Senior Lead

Mclean, VA · On-site

You'll partner closely across Enterprise Risk including Financial Risk and Non-Financial Risk areas, and the business divisions to manage model risk. The position offers high visibility, meaningful ...

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Internship Financial Risk Management information

What is an internship in financial risk management?

An Internship in Financial Risk Management is a temporary position, usually for students or recent graduates, where you gain practical experience working with risk management teams in finance-related companies. Interns support the identification, analysis, and mitigation of financial risks, such as market, credit, and operational risks. They often assist in collecting data, creating risk reports, and learning about regulatory compliance and risk assessment tools. This internship helps build foundational knowledge for a career in financial risk management.

What types of projects or tasks can an intern expect to work on in a financial risk management internship?

As a Financial Risk Management intern, you can expect to support the team by assisting with risk assessments, data analysis, and reporting on financial exposures. Interns often work closely with analysts and managers to help identify potential market, credit, or operational risks within the organization. You may also contribute to the development of risk models, participate in team meetings, and prepare presentations or documentation for senior stakeholders. This hands-on experience not only enhances your analytical skills but also offers valuable insight into how risk management strategies are implemented in the financial sector.

What are the key skills and qualifications needed to thrive as an internship financial risk management?

To thrive in an Internship Financial Risk Management role, you need a solid understanding of finance, economics, quantitative analysis, and typically be pursuing a relevant degree such as finance, economics, or mathematics. Familiarity with risk management software, Excel, and statistical tools like SAS or R is often required. Strong analytical thinking, attention to detail, and effective communication skills set candidates apart. These skills are crucial for accurately assessing financial risks, supporting decision-making, and contributing to a firm's risk mitigation strategies.

What is the difference between Internship Financial Risk Management vs Financial Risk Analyst?

AspectInternship Financial Risk ManagementFinancial Risk Analyst
CredentialsEnrolled in or recent graduate of finance, economics, or related fieldBachelor's or master's in finance, economics, or related field; certifications like FRM are a plus
Work EnvironmentInternship setting, learning-focused, supervisedFull-time professional role, analytical, reporting, and decision-making
Industry UsageEntry-level, training position within financial institutionsMid-level to senior role in banks, investment firms, or corporations

Internship Financial Risk Management positions are designed for students or recent graduates gaining foundational experience, while Financial Risk Analysts are full-time professionals responsible for assessing and managing risks. Internships serve as a stepping stone toward becoming a Financial Risk Analyst.

What are the most commonly searched types of Financial Risk Management jobs in Virginia?

The most popular types of Financial Risk Management jobs in Virginia are:

Internship Financial Risk Management jobs near you

Summer Associate Internship (Financial Risk Analyst)

Vienna, VA

Navy Federal Credit Union
Finance and Insurance • 10K+ employees
Learn more about Navy Federal Credit Unionexternal

Full-time

Posted 3 days ago

New

Navy Federal Credit Union rating

8.1

Company rating: 8.1 out of 10

Based on 276 frontline employees who took The Breakroom Quiz

Job description

Financial Risk Oversight (FRO) provides credible, value-added challenges to first-line activities and serves as a sounding board to enhance financial risk management across the enterprise.

FRO reviews, monitors, analyzes, effectively challenges, and reports on first-line financial risk management activities. It plays a role in risk appetite setting, risk identification, and framework design.

FRO's key activities include:

  • Large Program Assessments - Low-frequency, comprehensive reviews of large first-line financial risk management programs designed to assist business unit owners with incrementally evolving risk management frameworks.

  • Ad-Hoc Reviews - Independent update/change reviews and challenges to existing or the introduction of new processes, policies, and procedures.

  • Recurring Challenges - Regular/frequent reviews and risk metric reporting (e.g., Board KRIs), assumptions, risk appetite, and general financial risk management activities (e.g., investment or hedging decisions, pricing updates, etc.)

  • Data/Analytics - Leverage internal credit union data for analytics that offer additional detail on financial risk, including supplementing and supporting the team's large program assessments, ad-hoc reviews, and recurring challenges 

FRO key focus areas are:

  • Interest Rate/Market Risk

  • Liquidity Risk

  • Capital Planning

  • Funding

  • Investment Portfolio Management

  • Derivatives

  • Counterparty Risk

  • Mortgage Loan Secondary Marketing

  • Fund Transfer Pricing

Project - Business Forecast (Loan Originations) Sensitivity Analysis:
The Summer Associate will complete an end-to-end analysis related to the sensitivity of loan originations to different rate environments for use in the credit union's Net Interest Income (NII) sensitivity framework. At the conclusion of the analysis, the Summer Associate will socialize relevant findings with first line financial risk teams and help assess the feasibility, timeline, and impact of implementing the proposed loan sensitivities into the NII sensitivity framework.

The Summer Associate Program is a 12-week internship program beginning in May 2027 and ending in August 2027. 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 2027 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.

  • 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.

  • Pursuing a degree in Business Administration, Finance, Accounting, Economics, Statistics, Mathematics, Commerce, Data Science/Engineering, or related field 

  • Familiarity with SQL language and/or Power BI/Tableau software

  • Basic understanding and working knowledge of finance and banking concepts

  • Familiarity with effective project management skills 


Additional Information


Hours: 

  • Monday - Friday, 8:00 AM - 4:30 PM ET

Location:

  • 820 Follin Lane, Vienna, VA 22180 

  • Assist in the research for and development of specialized risk assessment scopes

  • Gather, synthesize, and organize financial data; present conclusions and risk mitigation, remediation and process improvement solutions to management

  • Contribute to the administration of specialized risk assessment and testing lifecycles of business activities, processes, policies and procedures for operational effectiveness and compliance with regulatory requirements, federal and state laws, and Navy Federal's quality control standards, policies and procedures

  • Support and participate in team projects and initiatives

What Navy Federal Credit Union employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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About Navy Federal Credit Union

Sourced by ZipRecruiter

Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Vienna, VA, US

Year founded

1933

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