The Internal Audit Summer Internship role will provide the intern with an opportunity to participate in audits and gain a stronger understanding of the audit profession within the Banking industry. The primary function of the Auditor is to execute basic audit testing as part of internal audit reviews and activities. They will perform testing in a timely manner, ensuring all audit quality and client relation standards are met.
This 2025 Summer Internship is a 10-week program for undergraduate students who have an anticipated graduation date between December 2025 and May 2026.
This internship position is located in:
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 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.
•Independently replicate quantitative model calculations and build challenger models to review model suitability.
•Validate management's corrective actions to address audit findings and regulatory gaps.
Requirements:
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.
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: Dallas, TX, Dallas
Other Locations: Texas-Dallas
Organization: Santander Holdings USA, Inc.
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