Operations Internal Audit Intern

Santander US

4

(42)

Boston, MA

Why you should apply for a job to Santander US:

  • 4.5/5 in supportive management
  • 79% say women are treated fairly and equally to men
  • 79% would recommend this company to other women
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • World’s highest-scoring bank in 2023 Bloomberg Gender-Equality Index
  • 14 weeks of paid maternity leave; 6 weeks of paid parental leave for fathers and non-birth parents
  • Inclusive fertility benefits; back-up childcare and eldercare; paid caregiver leave program
  • #Req1365748

    Position summary

    nship program and the activities included, please visit https://https://www.santandercareers.com/students.

    Essential Functions:

    The intern will be engaged in the model review audits performed to evaluate adequacy of Bank's quantitative models and model risk governance. Specifically, the intern will perform the following tasks:

    • Conducts review of development, validation, implementation, and ongoing performance monitoring across different types of models.

    • Uses guidance provided by industry standards (i.e., Basel, Federal Reserve) and Bank policies and procedures to ensure quantitative methodologies used for models are consistent with best practices.

    • Reviews model development and implementation codes.

    • Documents the model reviews and testing in accordance to relevant audit standards.

    • Validate management's corrective actions to address audit findings and regulatory gaps.

    Requirements:

    • An undergraduate student with an expected graduation date between December 2025 - Spring 2026

    • Minimum cumulative GPA of 3.00 or above, with a major in Finance, Accounting or related business field

    • Fluency in English, both written and verbal

    • Strong analytics and critical thinking skills

    • Ability to work independently and within teams

    • Eager to learn and take on new responsibilities

    • Attention to detail

    • Availability for entire internship program

    • Ability to maintain confidentiality

    • Ability to work in an environment that supports employees from all backgrounds and fosters an environment of inclusion.

    Diversity & EEO Statements: At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

    Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

    Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

    Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

    The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

    Salary: $67,600 - $67,600/year

    The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

    Primary Location: Boston, MA, Boston

    Other Locations: Massachusetts-Boston,Texas-Dallas

    Organization: Santander Holdings USA, Inc.

    AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

    Why you should apply for a job to Santander US:

  • 4.5/5 in supportive management
  • 79% say women are treated fairly and equally to men
  • 79% would recommend this company to other women
  • 78% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • World’s highest-scoring bank in 2023 Bloomberg Gender-Equality Index
  • 14 weeks of paid maternity leave; 6 weeks of paid parental leave for fathers and non-birth parents
  • Inclusive fertility benefits; back-up childcare and eldercare; paid caregiver leave program