2026 Investment Banking Summer Associate Program - San Francisco at Santander

San Francisco, California, United States

Santander Logo
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Investment Banking, Financial ServicesIndustries

Requirements

  • Master of Business Administration (MBA) student
  • Expected graduation date of May/June 2027
  • Available for full-time summer program beginning in June 2026
  • Based in or able to work in San Francisco, CA

Responsibilities

  • Participate in comprehensive training on Santander CIB capabilities
  • Gain practical experience on technical and interpersonal skills
  • Work with teams across different geographies in an international business environment
  • Collaborate in teamwork and partnerships to deliver solutions for clients
  • Support corporate clients in executing strategic goals, such as raising capital or acquisitions
  • Provide innovative financial solutions, advice, access to funding, and transaction execution
  • Help clients manage risks and achieve objectives in global markets
  • Develop skills to become a thoughtful, strategic advisor focused on client service and long-term relationships

Skills

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters
1902Year Founded
$75MTotal Funding
POST_IPO_DEBTCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Health, dental, & vision
401k
Flexible PTO
Parental & sick leave
Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.
'Quishing' attacks pose a growing threat to consumer security.
Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.
The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.
Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.
Santander's renewable energy financing highlights commitment to sustainable investments.
Proactive cybersecurity measures enhance customer trust and protect digital assets.

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