Internship

Deposit Product Intern

Posted on 12/5/2024

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Fintech
Financial Services

Compensation Overview

$40Hourly

No H1B Sponsorship

Boston, MA, USA

No relocation assistance offered.

Category
Product Management
Product
Required Skills
Product Management
PowerPoint/Keynote/Slides
Requirements
  • An MBA graduate student with an expected graduation date between Fall 2025- Spring 2026
  • Major in business, finance, economics or related field
  • A cumulative GPA or 3.0 or above
  • Excellent written and verbal English language skills
  • Experience with Excel and PowerPoint
  • Strong analytical and problem-solving skills
  • Adaptability to work in a fast-paced market environment
  • Solid professional and personal work ethic
  • Ability to work independently on special projects
  • Ability to work in an environment that supports employees from all backgrounds and fosters an environment of inclusion.
Responsibilities
  • Company transformation initiatives
  • Retail Product Sales & Delivery - Product Reviews
  • Customer Financial Health Measurement and analysis
  • Day to Day Product management support

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 by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially 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 digital platform can attract more U.S. customers with high-yield savings.
  • ISO 20022 adoption enhances operational efficiency and data management capabilities.
  • €271m renewable energy financing demonstrates commitment to sustainable investments.

What critics are saying

  • ISO 20022 transition may challenge smaller businesses unprepared for the new standard.
  • 'Quishing' attacks using QR codes pose a growing cybersecurity threat.
  • Openbank faces competition in differentiating its high-yield savings accounts.

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 provides specialized advisory and securities services through Santander Investment Services.

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Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

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

INACTIVE