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Job Details

Compliance Undergraduate Summer Internship

Company name
Sovereign Bank

Boston, MA

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Compliance Undergraduate Summer Internship','1801053','!*!lSummer Internship Program Experience

Santander Bank’s Summer Internship Program provides participants with a meaningful, relevant work experience as part of their academic studies. In addition to daily responsibilities, participants may be provided special projects and assignments, and will have the opportunity to participate in a series of structured activities designed to enhance their learning experience including:

Internship New Hire Orientation

Senior Leadership Speaker Series

Professional Development Seminars

Community Involvement & Volunteering

Social & Networking Events

Santander Bank is committed to identifying and developing strong early career talent for our future workforce. As such, dependent upon individual performance and the Bank’s hiring needs, participants may be considered for full-time opportunities upon completion of the Summer Internship Program.

Program Dates

The Summer Internship Program is a 12-week, full-time program which runs from June 4 – August 24, 2018.

Job Description

Risk is present in all of Santander’s activities and effective Risk Management is a critical component of the Bank’s success.  Through application of the Bank’s Risk Framework and the continuous identification and assessment of risk, Santander seeks to ensure that all of our businesses operate inside of clearly established limits, are able to proactively quantify exposures, and take corrective action when required.  As a member of the Risk Management division, you’ll be part of a diverse team of talented professionals who interact with senior risk team personnel, business managers and other Bank disciplines in order to understand business operations and dynamics, and analyze, monitor, and manage related risks.

Ensures day-to-day operations are conducted in compliance with regulatory and legal requirements and the company's policies and procedures by conducting ongoing testing of the business operations and procedures.  Performs risk assessments on assigned businesses and reports identified risks.


Coordinates the review and interpretation of new and pending laws and regulations that potentially affect business operations.

Serves as liaison between Compliance and the assigned business on identifying and addressing compliance concerns as changes are made to business processes, new initiatives are undertaken, or new regulations are issued.

Monitors and tests ongoing activities of assigned business to ensure compliance with regulatory requirements and business procedures. Monitoring may include testing, periodic monitoring, and risk assessments. Escalates deficiencies identified.

Assists in responding to requests from regulators.

Assists business in addressing exceptions from audits, both internal and external.

Provides support to Compliance Director on projects.

Works with business on enhancing or implementing controls to address deficiencies and implementing corrective actions.

Job Location

Boston, MA

Application Deadline & Timeline

Students must submit a complete application to the Santander Internship Job site by March 30, 2018. Interviews will occur on a rolling basis through early April.

 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. ','!*!Applicant Requirements

Must have an expected graduation date between December 2018 – June 2019.

Must have an overall cumulative GPA of 3.00 or above.

Must be available to work full-time, 40 hours per week, for the duration of the program.

Note: U.S. Immigration sponsorship is not available for this position.


Major finance, business management or related field.

Knowledge of Microsoft Word, Excel and Access.

Ability to maintain attention to detail and accuracy under pressure situations.

Team oriented and able to work independently.

Strong verbal and written communication skills.

Strong organizational and analytical skills.

','Intrn','Massachusetts-BOSTON','','Full-time','Feb 14, 2018','','false','Compliance Undergraduate Summer Internship

Company info

Sovereign Bank
Website :

Company Profile
Access our current and historical news, and learn about our investment in our communities and our history. At Sovereign Bank, we are committed to:

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