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Apple Bank

High-yield savings via Wallet app

Compliance Intern - Compliance

Regulatory Compliance & EthicsPosted on Nov 9
Internship · Summer 2027New York, NY, USA$24 - $27 /hr

About the Job

Requirements

  • Be currently enrolled in a related bachelor's degree program as a rising senior, with an expected graduation date from December 2027 through May 2028.
  • Have a preferred GPA of 3.0 or above.
  • Have experience using Microsoft Word, Access, Excel, and PowerPoint.
  • Be currently authorized to work in the United States without restrictions; visa sponsorship is unavailable.
  • Demonstrate the ability to work independently and collaboratively.
  • Have organizational skills, self-motivation, initiative, and leadership potential.
  • Be able to prepare meeting deliverables and interact with professionalism, maturity, and insight.
  • Demonstrate communication, interpersonal, and relationship-building skills.
  • Demonstrate creative problem-solving ability.
  • Show intellectual curiosity, cooperation, and focus on achieving group and client objectives.

Responsibilities

  • Learn how laws and regulations affect the banking business and consumer banking products.
  • Participate in onboarding, training, and team-building during the in-person first week in NYC.
  • Complete meaningful work in the assigned department with guidance from dedicated leaders.
  • Complete a team project addressing a real business concern and present it to senior leadership.
  • Participate in individual development opportunities, coaching, and mentoring.

Desired Qualifications

  • Previous extensive work experience is not required; dedication to learning and a strong interest in the banking industry are important.

About the Company

Apple Bank

High-yield savings via Wallet app

Apple Bank is a high-yield savings option offered by Goldman Sachs for Apple Card holders, accessible and manageable directly within the iPhone Wallet app. The product lets users earn interest on Daily Cash rewards automatically deposited into the Savings account and supports additional deposits from linked bank accounts. The business model relies on the interest rate spread between what Goldman Sachs earns on its investments and what it pays to savers. The primary customers are digitally savvy Apple Card users seeking to grow savings through a convenient, Apple-native experience. The goal is to broaden consumer savings by combining Goldman Sachs’ investment capabilities with Apple’s ecosystem, delivering a straightforward, mobile-first savings solution.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
New York, NY
Founded
1863

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