Internship

Regulatory Relations Intern

Posted on 9/5/2024

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Fintech
Financial Services

Compensation Overview

$30Hourly

Dallas, TX, USA

This internship position is located in Dallas, TX. No relocation assistance is offered.

Category
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
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
  • 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.
  • 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, 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 high-yield savings account attracts more U.S. customers.
  • Santander's renewable energy financing highlights commitment to sustainable investments.
  • Proactive cybersecurity measures enhance customer trust and protect digital assets.

What critics are saying

  • ISO 20022 transition may challenge smaller business partners.
  • 'Quishing' attacks pose a growing threat to consumer security.
  • Openbank faces competition in the U.S. high-yield savings market.

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's ISO 20022 adoption enhances operational efficiency and data management.

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Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

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

INACTIVE