Internship

Environmental Risk Intern

Posted on 9/3/2024

Santander

Santander

10,001+ employees

Provides banking, investment, and insurance services

Fintech
Financial Services

Compensation Overview

$30Hourly

Boston, MA, USA

No relocation assistance offered.

Category
Risk Management
Finance & Banking
Required Skills
Communications
Requirements
  • Currently enrolled in an undergraduate program at a University or College, environmental studies/science focus 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
  • Ability to work independently as well as collaboratively within a team environment.
  • 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
  • Initiate change, integration, operationalization/automation of new events.
  • Execute ad hoc reporting to facilitate various reporting and status updates as needed.
  • Lead, support, and develop short-term projects for related to environmental and climate risks, and ESG.
  • Support the further development of environmental and climate risk due diligence.
  • Researches a wide variety of topics and issues including emerging environmental risks and trends and risk management best practices; summarizes and communicates findings with team.
  • Create an environment of diversity, equity, and inclusion where all perspectives are valued and all people are welcomed.
  • Interprets and applies procedures, ensures analysis is documented and that records are appropriately maintained.
  • Adjusts risk management policies, systems, and processes to solve problems or improve effectiveness within the department.
  • Shares insight to causes of risk indicators and proposes recommendations to resolve or mitigate identified risks with team.

Santander Bank provides a wide array 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 divisions for advisory services and insurance products. 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, particularly 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

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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