Santander CIB 2026 Summer Internship Program - Global Transaction Banking - Europe at Santander

Madrid, Community of Madrid, Spain

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

Investment Banking, Transaction BankingIndustries

Requirements

Students ready to start the summer program in June/July 2026 and finish their studies in summer 2027 (going into your final year at university after the internship)
The ability to be open and collaborative in a multicultural environment
High proficiency in English (any other languages are a plus)
Financial knowledge
AI users
Strong Excel and PowerPoint skills
Availability for a full-time summer internship from June/July 2026

Responsibilities

Support the execution and development of solutions across the main GTB sub-products, including Cash Management (enhancing clients’ liquidity and cash flow efficiency through treasury and payment optimization)
Support the execution and development of solutions across Export & Agency Finance (optimizing origination and opportunities for financial solutions and risk mitigation in global cross-border CAPEX transactions and investments)
Support the execution and development of solutions across International Financial Institutions (providing transactional solutions attuned to the payments landscape for banks or non-bank financial institutions)
Support the execution and development of solutions across Trade & Working Capital Solutions (providing innovative trade finance and working capital solutions for liquidity, risk mitigation, supply chain resilience, and operational efficiencies)

Skills

Cash Management

Treasury

Payment Optimization

Export Finance

Agency Finance

Trade Finance

Working Capital Solutions

Risk Mitigation

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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