Sorry, this listing is no longer accepting applications. Don’t worry, we have more awesome opportunities and internships for you.

Treasury Analyst MBA Summer Internship in Boston

Santander Bank

Santander Bank

Treasury Analyst MBA Summer Internship in Boston

Boston, MA
Internship
Paid
  • Responsibilities

    JOB DESCRIPTION

    TheTreasury Analyst MBA Intern is a key pipeline role for Santander to attract, develop, and retain future Finance Leaders. Strong candidates that successfully complete their internship will be considered to join the Finance Leadership Rotational Program (“FLRP”) Analyst upon college graduation. The internship will be in Treasury. During the summer, the intern will be an active member of a specific finance organization involved in both ad-hoc projects as well as monthly deliverables. This role will have a high level of visibility and exposure to both Finance and Business Executive Management.

    Duties:

    • Perform financial analysis, modeling, pro forma spreadsheet projections, cost benefit analysis, and other analysis as requested to be able to forecast balance sheet trends to evaluate various investment and funding programs
    • Work with other Treasury members on power-point presentations for Asset-liability committee (ALCO), and other executive leadership meetings. Provide ad hog reports and analysis on liabilities and deposit pricing.
    • Work collectively with the investment team on analysis of profitability of liquid assets
    • Conduct peer analysis with respect to investment portfolio characteristics and balance sheet trends
    • Analyze and report on Bank’s hedging strategies. This will include bond hedging and macro balance sheet hedging. Analyze and report on hedges for Mortgage Servicing Rights (MSR)
    • Analyze and forecast evolving regulatory liquidity requirements to understand and implement for the Bank
    • Monitor the current income vs annual budget and strategic plan
    • Analyze external environment and competitor actions and develop recommendations for Santander’s investment management
    • Work cross-functionally and with the business to ensure organizational alignment of key recommendations
  • Related Article
  • Qualifications

    APPLICANT REQUIREMENTS

    • Must have an expected graduation date between December 2018 – June 2019.
    • Must have an overall cumulative GPA of 3.50 or above.
    • Must be available to work full-time, 40 hours per week, for the duration of the program.
    • US Immigration Sponsorship not available for this positions

    QUALIFICATIONS

    • Demonstrated leadership within the college community
    • Work experience in Corporate Finance/FP&A, Treasury, Consulting, or Investment Banking is helpful
    • Experience working in a Banking or Financial Services company is preferred
    • Strong Microsoft Office experience is required, particularly advanced skills with Microsoft Excel
    • Must have strong organizational, communication, and interpersonal skills
    • The ability to problem solve and manage multiple projects is required
  • Benefits

    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
  • Industry
    Banking
  • About Us

    We're Santander. As part of one of the largest global banks, Santander Bank offers a world of opportunity. With over 8,000 team members in the U.S., we're recruiting people like you who want to be challenged and strive for something better. At Santander, you'll be rewarded with competitive compensation and market leading benefits. You'll have access to comprehensive career development programs that empower you to grow and advance. You'll discover a company where you can shape a bright future.