Internship

Deposit Product Intern

Posted on 12/5/2024

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Compensation Overview

$40/hr

No H1B Sponsorship

Boston, MA, USA

No relocation assistance offered.

Category
Product Management
Product
Required Skills
Product Management
PowerPoint/Keynote/Slides
Connection
Connection
Connection
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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, contributing to community development and inclusive growth.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

1902

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Verizon could attract tech-savvy customers and increase deposits.
  • Involvement in green financing positions Santander as a leader in sustainable finance.
  • Appointment of Christiana Riley as U.S. CEO may bring fresh strategic direction.

What critics are saying

  • Partnership with Verizon may expose Santander to increased competition from telecom companies.
  • Restructuring may lead to operational challenges in U.S. operations.
  • $500m loan to Ecopetrol could expose Santander to interest rate risk.

What makes Santander unique

  • Santander's community focus includes a $13.6 billion Inclusive Communities Plan.
  • The bank offers specialized advisory services through Santander Investment Services.
  • Santander provides free co-working spaces like Santander Work to support business clients.

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Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

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

Company News

Yahoo Finance
Apr 29th, 2025
Ecopetrol receives authorisation for $500m loan from Banco Santander

The $500m loan, approved through Resolution 0910 on 25 April 2025, will have a five-year term and an interest rate indexed to the SOFR rate.

Responsible US
Apr 25th, 2025
Zelestra Secures $113M for Indiana Solar

Zelestra has secured $113 million financing from Banco Santander for an 81 MWdc solar project in Jasper County, Indiana, under its Green Financing Framework. The project, set for commercialization in Q4 2025, strengthens Zelestra's partnership with Meta, which has signed a long-term environmental attributes purchase agreement. This initiative is part of Zelestra's U.S. expansion, with over 1 GW of projects moving to construction, reinforcing its role in the clean energy transition.

PYMNTS
Mar 31st, 2025
Uk Banks Agree To Improve Data-Sharing In Anti-Fraud Battle

British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes as the U.K. government is facing calls to show more leadership in helping fight online scammers. According to the report, the companies behind the pledge have transitioned from a testing phase to begin real-time exchanges of fraud indication data — unusual transactions, suspicious URLs — to detect scammers faster

PYMNTS
Mar 31st, 2025
Mobile Phones At Center Of Telco And Digital Bank Partnerships

The mobile phone’s increasing penetration into global markets is helping blur the lines between telecom and financial services, where digital banks, and especially neobanks, are moving into communications and mobile payments, and telcos, in turn, are branching more fully into finance. At the end of 2022, PYMNTS Intelligence profiled a trend wherein partnerships with FinTechs or financial institutions (FIs) and telecommunications companies were transforming and boosting financial inclusion in both emerging and industrial economies. The smartphone has been the gateway to access all manner of activities, and PYMNTS surveys showed that more than a quarter of individuals were interested in using banking offerings provided by telecom firms. More recently, the PYMNTS Intelligence report “How the World Does Digital: A Global Benchmark of Consumer Digital Transformation,” which focused on 11 countries, found that the infrastructure for digital banking and telecom is pervasive, as most populations surveyed have access to and use mobile phones

Insider Media
Mar 26th, 2025
WH Smith announces successful completion of refinancing to strengthen balance sheet

Global travel retailer WH Smith has announced the successful completion of a £200m issue of US Private Placement (USPP) notes and a bank term loan of £120m.

INACTIVE