Summer Intern - Finance Analytics at PenFed Credit Union | McLean, VA

PenFed Credit Union

Summer Intern - Finance Analytics

McLean, VA (Unknown)

Salary Not AvailableIntern/New GradFull time

Posted 3 months ago

Top 1% of applicants do these two things.

The other 99% submit and hope. You're about to do something different.

Job Summary

Own forecasting and data analysis support for Consumer Banking, driving planning, data gathering, and campaign evaluation.

Own loan and deposits origination forecasting, including scenario analysis.
Must-have: Proficiency in Microsoft Office Suite.
Standout: Experience using AI tools preferred.

Job Description

Responsibilities

Assist with loan and deposits origination forecasting. This involves tracking actuals, creating forecasts, analyzing potential scenarios, and supporting the financial planning process.
Gather and organize financial data. Work with large datasets, using tools like Excel to organize and analyze information.
Analyze trends and patterns in financial data. Identify key insights and present findings to the product and finance teams.
Monitor and evaluate customer lifetime value (CLTV) trending, and share findings with product, risk, finance, and marketing teams.
Measure Loans and/or Deposits marketing campaign effectiveness, by leveraging data from various sources (internal and external) to track key performance indicators (KPIs) and assess the success of different marketing campaigns.
Identify Consumer Banking revenue growth and cost savings opportunities. Analyze expenses to explore areas for cost reduction and potential drivers for revenue growth. Communicate insights and recommendations to senior leadership.
Support other finance team members, working with Consumer Banking business/functional leaders to conduct marketing campaign analysis and monthly current estimation forecast.
Perform market research and competitive benchmarking.

Requirements

Equivalent combination of education and experience is considered.
Currently enrolled full-time in a four-year program with an accredited institution.
Proficiency in Microsoft Office Suite.
Must have strong written and verbal communication skills.
Must be able to problem solve.
Must be able to work collaboratively in a team environment.
Must have creative, analytical and critical thinking skills.
Must have a competitive GPA/demonstrate a strong work ethic.

Preferred

Experience using A.I. tools preferred.

PenFed Credit Union

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, but also to encourage. We exist to usher their dreams into the land of reality. Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions serving 2.8 million members worldwide with $30 billion in assets. We offer a wide range of financial services helping you with loans, savings and credit cards. We serve members in all 50 states and the District of Columbia, as well as Guam, Puerto Rico and Okinawa. Best of all, everyone is eligible to apply to be a member of PenFed. We are federally insured by NCUA and an Equal Housing Lender. To learn more about PenFed Credit Union, check out our Life, Jobs and People sections here on LinkedIn, visit PenFed.org, like us on Facebook and follow us @PenFed on Twitter. Interested in working for PenFed? Check out our Careers at careers.penfed.org. We are proud to be an Equal Opportunity Employer!

Founded in 1935

McLean, Virginia, USA

2.5K employees (91 in marketing)

www.penfed.org