Summer Associate Internship (Mortgage Reporting Specialist)

Overview

The summer associate will support the management of mortgage loan portfolios sold to investors by assisting with key functions including remittance, reporting, and reconciliation. This role involves helping ensure the timely and accurate transfer of funds to investors, supporting the preparation and submission of loan-level and summary reports, and verifying and aligning loan data and financial transactions. The intern will gain exposure to servicing guidelines established by Government-Sponsored Enterprises (GSEs) such as Ginnie Mae (GNMA), Freddie Mac (FHLMC), and Fannie Mae (FNMA), as well as Private Investors. Under supervision, the summer associate will contribute to the accurate and timely execution of investor deliverables while learning the operational and regulatory aspects of mortgage servicing.

The summer associate will support a key initiative focused on optimizing the GNMA Pools Adjustments report process. This report is critical for reconciling variances between Navy Federal and Ginnie Mae by adjusting "Other Amounts" in the Mortgage Servicing System (Director 7) for GNMA pools. Currently, over four hundred pools are manually adjusted by analysts, making the process time-intensive and ripe for improvement.

As a Summer Associate, you will :

• Collaborate with analysts to identify workflow pain points and bottlenecks.
• Gather and analyze data to support process improvement recommendations.
• Review and document the current workflow to identify opportunities for automation and efficiency gains.

This is a great opportunity to gain firsthand experience in financial operations, process optimization, and cross-functional collaboration within a dynamic team environment.

The Summer Associate Program is a 12-week internship program beginning in May 2026 and ending in August 2026. 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 2026 or later.

Responsibilities

Qualifications

Hours : Monday - Friday, 8 : 00AM - 4 : 30PM

Location : 820 Follin Lane, Vienna VA 22180

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.

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.

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.