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Operational Risk Intern, Third Party Risk Management

Santander US
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The Operational Risk Summer Internship, Third Party Risk Management (TPRM) role will provide the intern with an opportunity to gain a stronger understanding of the operational execution of the Third Party Risk Management within the Financial Services industry including program policies, standards, governance and communication requirements.  The position will also include the coordination of the TPRM program to the key operational risk programs.

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 East Providence, RI. 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:

  • Assist with coordination of all TPRM Committee meetings, agendas, materials, and documentation of attendance and discussions/minutes
  • Assist with coordination of Local Supplier Working Groups (LSWG) meetings
  • Assist with Policy, Standard, and Procedure continual improvement
  • Manage the TPRM SharePoint Site
  • Attend various first line of defense meetings to represent second line of defense TPRM for trouble shooting, to provide policy/standard, procedure clarification and guidance
  • Prepare reporting decks for the various TPRM committees, audit, compliance, and working groups
  • Assist with third party risk assessments in alignment with the Banks policies and industry standards
  • Assist in development and execution of category/supplier strategies
  • Support Business Lines in the interpretation and execution of the Group and SHUSA Vendor policies.
  • Assist in the ongoing oversight of TPRM Framework in support of the first line of defense
  • Contributes to escalation, reporting, communication to Risk Governance Forums
  • Helps drive culture of risk awareness
  • Participates in the creation and delivery of Operational Risk business-tailored training
  • 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
  • Degree in Business, Finance or equivalent 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
  • 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