Dealer Commercial Services Intern

Summary: Santander is a global leader and innovator in the financial services industry, and they are seeking an intern for their Dealer Commercial Services team. The role offers hands-on experience in credit underwriting, financial analysis, and relationship management while supporting the onboarding of clients and contributing to process improvement projects. Responsibilities: - Relationship officer: Work with a relationship officer to onboard our 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 - Underwriting: 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 - Portfolio Management: Learn how PMs manage account relationships, monitor dealer performance, reconcile floorplan audits, prepare modifications, use the PM tool, present to approval committees, etc - Commercial Operations: Work with Ops team to assist in onboarding, payoffs, curtailments, interest calculations, interest charges, statements, reconcilements, and document handling - MIS/Reporting: Learn about different reports and why reporting is necessary for the business. Sit with MIS team as reports and data are created and distributed. In addition, you can expect to learn about nCino - Exposure to DCS Business Management and Strategies - Involvement in process improvement project in DCS add nCino - Help with integration into additional new systems and technologies - Other ongoing projects over course of internship Required Qualifications: - An undergraduate student with an expected graduation date between either December 2026 or May/June 2027 - Area of Study: Major in Business or related field - Cumulative GPA is 3.0 or above - Demonstrates intellectual curiosity and courage - Strong English communication skills both written and spoken required - 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 Required Skills: Credit Underwriting, Financial Analysis, Risk Management, Commercial Lending, Floorplan Financing, Relationship Management, nCino, Analytical Thinking, English Communication, Independent Work