Commercial Equipment Vehicle Finance Intern - Santander Holdings USA Inc

Melville, United States of America

The underwriting teams underwrite risk (i.e., selection/rejection of new and renewal business) and analyze quality and quantity of risks underwritten and prepare reports accordingly. They administer and monitor underwriting rules and guidelines, rating manual rules, laws and regulations.

The intern for this team will provide overall support to the Underwriting and Portfolio Management team.  Assists in the evaluation and review of existing business and new accounts. Contributes to the profitable growth of specific program(s) by maintaining pricing integrity, product excellence, and the development of meaningful performance metrics and controls.

This 2025 Summer Internship is for undergraduate students who have an anticipated graduation date between December 2025 and Spring 2026.

This internship position is located in:

• Melville, NY.
   

Before applying, please keep in mind that our internship program does not offer any relocation assistance.

Essential Functions:

• Collects, packages, reviews and reconciles loan application documents including financial/credit exhibits under various underwriting programs.
• Orders and performs the preliminary review of all third-party reports (appraisal, inspection and environmental) for compliance with guidelines.
• Analyzes, interprets and underwrites complex transactions in compliance with respective agency guidelines.
• Conducts detailed economic and demographic research to determine feasibility of transactions.
• Assists the underwriter in preparing and presenting comprehensive loan approval package to credit committee.

Requirements:

• Currently an undergraduate student at University or College
• Expected to graduate between December 2025 – May 2026
• Cumulative GPA or 3.5 or above
• Preferably majoring in Finance, Accounting, Management, Economics or related field
• Excellent written and verbal communication skills
• Strong analytical skills and proficient with financial statements
• Ability to work in a fast-paced environment with little supervision
• Ability to work well with others and on teams
• Demonstrated proficiency in Microsoft Office, including Word, Excel and PowerPoint
• Demonstrates strong judgement
• Some understanding and knowledge of Federal banking regulations
• Ability to work in an environment that supports employees from all backgrounds and fosters an environment of inclusion

Working Conditions:

• Shifts and/or schedules may change throughout the internship as dictated by management and business needs
• Travel to multiple facilities may be required
• May be required to lift, push, or pull materials weighing up to twenty (20) pounds
• May be required to sit and review information on a computer screen for long periods of time
• May require repetitive motions of the hands and wrist related to writing and typing at an electronic keyboard
• Corporate / satellite office role

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.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions: Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown. Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights: This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

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

Primary Location: Melville, NY, Melville

Other Locations: New York-Melville

Organization: Santander Bank N.A.