COMMERCIAL REAL ESTATE INTERN - SANTANDER HOLDINGS USA INC
Company: Santander Holdings USA Inc
Location: Dedham
Posted on: September 24, 2024
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Job Description:
Commercial Real Estate InternBoston, United States of AmericaThe
Commercial Real Estate group is responsible for loan production and
management of institutional quality real estate term and
construction lending. The CRE internship will support the
underwriting / portfolio management team in the management of the
loan book and origination of new lending opportunities.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 May 2026.This
internship position is located in either:BostonNew York CityBefore
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
https://www.santandercareers.com/students. Essential
Functions:Support gathering and review of client financial
statements and covenant complianceAssist in the completion of
borrower period reviewsProject site visitsProcessing of
construction loan draw requestsSupport for the analysis and
drafting of new loan proposal memosSupport gathering and review of
client financial statements and covenant compliancePerform
additional duties as requiredCreate an environment of diversity,
equity, and inclusion where all perspectives are valued, and all
people are welcomed. Requirements:Currently an undergraduate
student at University or College Expected to graduate between
December 2025 - May 2026Cumulative GPA or 3.5 or abovePreferably
majoring in Finance, Accounting, Management, Economics or related
fieldExcellent written and verbal communication skillsStrong
analytical skills and proficient with financial statementsAbility
to work in a fast-paced environment with little supervisionAbility
to work well with others and on teamsDemonstrated proficiency in
Microsoft Office, including Word, Excel and PowerPointDemonstrates
strong judgementSome understanding and knowledge of Federal banking
regulationsAbility to work in an environment that supports
employees from all backgrounds and fosters an environment of
inclusionWorking Conditions:Shifts and/or schedules may change
throughout the internship as dictated by management and business
needsTravel to multiple facilities may be requiredMay be required
to lift, push, or pull materials weighing up to twenty (20)
poundsMay be required to sit and review information on a computer
screen for long periods of timeMay require repetitive motions of
the hands and wrist related to writing and typing at an electronic
keyboardCorporate / satellite office roleDiversity & 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/yearPrimary Location: Boston, MA, BostonOther Locations:
Massachusetts-Boston,New York-New York
Keywords: Santander Holdings USA Inc, Manchester , COMMERCIAL REAL ESTATE INTERN - SANTANDER HOLDINGS USA INC, Accounting, Auditing , Dedham, New Hampshire
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