Internship

Operational Risk Summer Intern

Third Party Risk Management

Confirmed live in the last 24 hours

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Fintech
Social Impact
Financial Services

Compensation Overview

$30Hourly

No H1B Sponsorship

Providence, RI, USA

This internship position is located in East Providence, RI. No relocation assistance is offered.

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Currently enrolled in an undergraduate program at a University or College
  • Degree in Business, Finance or equivalent preferred
  • 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
  • Assist with coordination of all TPRM Committee meetings, agendas, materials, and documentation of attendance and discussions/minutes
  • Assist with coordination of Local Supplier Working Groups (LSWG) meetings
  • Assist with Policy, Standard, and Procedure continual improvement
  • Manage the TPRM SharePoint Site
  • Attend various first line of defense meetings to represent second line of defense TPRM for trouble shooting, to provide policy/standard, procedure clarification and guidance
  • Prepare reporting decks for the various TPRM committees, audit, compliance, and working groups
  • Assist with third party risk assessments in alignment with the Banks policies and industry standards
  • Assist in development and execution of category/supplier strategies
  • Support Business Lines in the interpretation and execution of the Group and SHUSA Vendor policies.
  • Assist in the ongoing oversight of TPRM Framework in support of the first line of defense
  • Contributes to escalation, reporting, communication to Risk Governance Forums
  • Helps drive culture of risk awareness
  • Participates in the creation and delivery of Operational Risk business-tailored training
  • Create an environment of diversity, equity, and inclusion where all perspectives are valued and all people are welcomed.

Santander Bank offers a wide range of financial services, including savings and checking accounts, loans, credit cards, and investment products, to individuals and businesses in the United States. The bank differentiates itself through its strong community focus, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program for early-stage entrepreneurs from diverse backgrounds. Santander generates revenue through interest on loans and fees from its services while emphasizing responsible banking and financial education. The goal of Santander is to empower individuals and foster community growth through its comprehensive offerings and community initiatives.

Company Stage

IPO

Total Funding

$75M

Headquarters

Boston, Massachusetts

Founded

1902

Simplify Jobs

Simplify's Take

What believers are saying

  • Santander's strong community focus and significant financial commitments can lead to a positive work environment and a sense of purpose.
  • Partnerships with tech giants like Google can provide employees with cutting-edge skills and learning opportunities.
  • The bank's diverse range of services and products offers employees a broad spectrum of career development paths.

What critics are saying

  • Recent cybersecurity breaches compromising millions of customer accounts highlight potential vulnerabilities and reputational risks.
  • Incidents of internal fraud, such as the theft by a former employee, can undermine trust and employee morale.

What makes Santander unique

  • Santander's Inclusive Communities Plan, with a $13.6 billion commitment, sets it apart by focusing on community growth and support for underrepresented entrepreneurs.
  • The bank's collaboration with Google to offer free AI courses demonstrates a unique approach to enhancing customer skills and competitiveness.
  • Santander's comprehensive service offerings, including specialized advisory and securities services, provide a one-stop solution for diverse financial needs.

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Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

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