Dealer Commercial Services Intern

Santander Bank • Dallas, TX

127d • $67,600 - $67,600

About The Position

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities.

Requirements

• Undergraduate student with an expected graduation date between December 2026 and May/June 2027.
• Major in Business or related field.
• Cumulative GPA of 3.0 or above.
• Strong English communication skills both written and spoken.
• Analytical thinkers with a strong attention to detail.
• Organized and able to manage time and multiple tasks efficiently.
• Ability to work independently on special projects.
• Ability to effectively contribute to a team environment.

Nice To Haves

• Coursework in or exposure to accounting, finance, economics, or business.
• Experience in Microsoft Office products.
• Experience in nCino, Salesforce, or similar commercial banking software systems.

Responsibilities

• Work with a relationship officer to onboard clients by ordering due diligence, Know Your Customer Questionnaire, monitor dealer transactions, assess quality control, risk level/rating.
• Guide the Business Development Manager through the intake process for collecting a complete Floorplan underwriting package from dealership customers.
• Work with tenured underwriters to underwrite loan packages, review credit agreements for terms and conditions, gather statements, adjust credit lines, review structure, submit packages for approval, identify red flags, conduct financial analysis on entities and collateral.
• Learn how Portfolio Managers manage account relationships, monitor dealer performance, reconcile floorplan audits, prepare modifications, use the PM tool, present to approval committees.
• Assist the Ops team in onboarding, payoffs, curtailments, interest calculations, interest charges, statements, reconcilements, and document handling.
• Learn about different reports and why reporting is necessary for the business.
• Participate in process improvement projects in DCS and help with integration into additional new systems and technologies.

Benefits

• Exposure to the inner workings of one of the largest financial institutions in the world.
• Working with best-in-class teams and contributing to projects that drive innovation across the organization.
• Structured professional development opportunities.
• Create connections with peers and meet leaders across Santander.

What This Job Offers

• Career Level: Intern
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree