Portfolio Management Risk Intern

Summary of Responsibilities:

The Portfolio Management Risk Summer Internship role will provide the intern with an opportunity to gain a stronger understanding of Risk Management within the Financial Services industry. They’ll be part of a diverse team of talented professionals who interact with senior risk team personnel, business managers and other disciplines in order to understand business operations and dynamics, and analyze, monitor, and manage related risks. They’ll monitor activities to minimize the company's exposure to risk coupled with building and maintaining new processes. Activities will include quantitative analysis & communication across different functions. Represent or support the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.

This 2025 Summer Internship is for undergraduate students who have an anticipated graduation date between December 2025 and May 2026.

This internship position is located in Boston, MA. Before applying, please keep in mind that our internship program does not offer any relocation assistance. To learn more about our summer internship program and the activities included, please visit https://www.santandercareers.com/students.

Essential Functions:

Some responsibilities of the Risk internship role may include but are not limited to:

• Initiate change, integration, operationalization/automation of new events.
• Represent organization as a primary contact for specific risk management projects and initiatives.
• Execute ad hoc reporting to facilitate miscellaneous senior and executive management reporting and status updates as needed.
• Lead, support, and develop short-term projects for solvency processes.
• Support the further development of challenger loss forecasting processes.
• Assist in the production and review of Solvency and Credit related materials for various risk forums/committees.
• Create an environment of diversity, equity, and inclusion where all perspectives are valued and all people are welcomed.

Requirements:

• Currently enrolled in an undergraduate program at a University or College
• 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
• Expertise in Data Analysis. Solid Knowledge of Excel/spreadsheets tools to support reporting and portfolio analytics. Knowledge of data analytics tools (SQL, Tableau, Python)
• Ability to quickly grasp complex concepts, including global business and regulatory matters
• Ability to adjust to new developments/changing circumstances
• 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.

Working Conditions:

• Extended working hours may be required as dictated by management and business needs
• Travel to multiple facilities may be required
• May be required to lift, push, or pull materials weighing up to twenty (20) pounds
• May be required to sit and review information on a computer screen for long periods of time
• May require repetitive motions of the hands and wrist related to writing and typing at an electronic keyboard
• Corporate / satellite office role

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.

$62,400 - $62,400/year