Santander CIB 2026 Summer Internship Program - Support Functions - Asia at Santander

Hong Kong

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

Requirements

  • Interest in corporate and investment banking support functions
  • Availability for summer 2026 internship in Hong Kong

Responsibilities

  • Support day-to-day operations, regulatory requirements fulfillment, and risk management from transactions and commercial activities
  • In Compliance: Manage regulatory changes, implement internal controls, advise on HKMA and internal regulations, ensure ethical operations and risk management; support Financial Crime Compliance through monitoring, investigations, and system controls to detect/prevent money laundering, terrorist financing, and sanctions breaches
  • In Finance: Assist with internal forecasting (balance sheet, P&L, capital consumption), develop financial risk management models, support accounting and regulatory reporting, prepare presentations for head office, participate in IT/automation initiatives, manage financial risks (liquidity, interest rate, FX) via asset/liability strategies (hedging, liquidity positioning), assist in contingency planning for stress scenarios, evaluate capital deployment using funding transfer pricing
  • In Internal Audit: Collaborate on audit execution, provide independent assurance on processes and risk controls, perform audit tests, document findings, meet timescales and comply with audit quality standards
  • In Regulatory Affairs & Controls (RAC): Support 1st Line of Defence execution/monitoring of controls and projects for business units/support functions, implement global/local controls, deliver regulatory projects, coordinate risk/control assessments, manage incidents, formulate BCP resilience strategies

Skills

Regulatory Compliance
Financial Crime Compliance
Risk Management
Internal Controls
HKMA Regulations
Money Laundering Prevention
Sanctions Compliance
Investigations
Monitoring
AML

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.

Land your dream remote job 3x faster with AI