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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 management and teammates. 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.

This is a year-round, flexible, internship based on academic schedule.

To be eligible for this position you must currently be enrolled in graduate coursework throughout the duration of the internship.

Responsibilities

• Support the Compliance Department 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

• Prepare written summaries of research and analysis 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

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® 2024 America's Best Employers for New Grads

• Forbes® 2024 America's Best Employers for Tech Workers

• Fortune Best Workplaces for Millennials™ 2024

• Fortune Best Workplaces for Women ™ 2024

• Fortune 100 Best Companies to Work For® 2024

• Military Times 2024 Best for Vets Employers

• Newsweek Most Loved Workplaces

• 2024 PEOPLE® Companies That Care

• Ripplematch Recruiting Choice Award

• 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: 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.

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