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Internship

Regulatory Relations Intern

Posted on 9/5/2024

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Fintech

Compensation Overview

$62.4kAnnually

Dallas, TX, USA

Category
Risk & Compliance
Legal & Compliance
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Currently a student enrolled in an undergraduate program
  • Expected graduation date between December 2025– May 2026
  • Minimum cumulative GPA of 3.00 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
  • The Regulatory Relations Internship role will assist the Regulatory Relations Manager in the execution of state examinations.
  • Assists with state examinations in adherence to the SC State Regulatory Examinations Procedures within the established timelines.
  • The intern will work with the Business Control Office team and a variety of stakeholders throughout SC.
  • Works with management to determine scope of state examinations.
  • Reviews a variety of documentation, analyze and assess methods and systems, and interviews personnel to obtain information on actual practice.
  • Responsible for staying abreast of state regulatory issues and developments, evaluating impact on applicable exam, collaborating with various stakeholders on implementation and risk mitigation efforts.
  • Compares practice with regulatory and internal requirements to identify variances.
  • Aids in dissemination of reports regarding state examination findings and recommendations.
  • Stays current on state regulations impacting company business.
  • Communicates findings/concerns, both verbally and in writing, to management.
  • Completion of one long term project.
  • Performs other duties as required.

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, banking fees, and commissions from investment and insurance services, 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

N/A

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.

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

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