Internship

Intern – IT Solutions for Risk Mgmt

Posted on 12/20/2024

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Fintech
Financial Services

Compensation Overview

$32.5Hourly

Boston, MA, USA

No relocation assistance offered.

Category
Risk Management
Finance & Banking
Requirements
  • Currently enrolled in an undergraduate program at a University or College
  • Major or minor focus in business, finance, Information Technology, or similar
  • Expected graduation date between December 2025 – May 2026
  • Minimum cumulative GPA of 3.00
  • Expertise in delivering high quality work products, reflecting attention to detail and analytical process
  • Excellent written and verbal communication skills and the ability to interact with senior leaders across departments
  • Ability to quickly grasp complex concepts, including global business and regulatory matters
  • Ability to adjust to new developments/changing circumstances
  • Self-directed, self-motivated and demonstrated experience providing ideas and solutions to further business understanding
  • Ability to work in an environment that supports employees from all backgrounds and fosters an environment of inclusion.
Responsibilities
  • Participate in various risk management projects and initiatives
  • Executes ad hoc reporting to facilitate miscellaneous senior and executive management reporting and status updates as needed
  • Lead, support, and develop short-term projects
  • Support the development of risk management technologies including most or all phases of the Software Development Lifecycle (no programming experience required)
  • Create an environment of diversity, equity, and inclusion where all perspectives are valued and all people are welcomed

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors with a strong commitment to community growth, exemplified by its Inclusive Communities Plan, which allocates $13.6 billion over three years to support initiatives like the 'Cultivate Small Business' program aimed at helping early-stage entrepreneurs, particularly from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Company Stage

IPO

Total Funding

$75M

Headquarters

Boston, Massachusetts

Founded

1902

Simplify Jobs

Simplify's Take

What believers are saying

  • Openbank's high-yield savings account attracts more U.S. customers.
  • Santander's renewable energy financing highlights commitment to sustainable investments.
  • Proactive cybersecurity measures enhance customer trust and protect digital assets.

What critics are saying

  • ISO 20022 transition may challenge smaller business partners.
  • 'Quishing' attacks pose a growing threat to consumer security.
  • Openbank faces competition in the U.S. high-yield savings market.

What makes Santander unique

  • Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.
  • The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.
  • Santander's ISO 20022 adoption enhances operational efficiency and data management.

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Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

INACTIVE